The most expensive PSL’s sold for Charlotte’s new stadium (Carolina Panthers) in 1996 were just $4000. But in practice, the value of PSLs can fluctuate wildly based on various factors – or lose their worth entirely if a team relocates, as Rams fans experienced when the team moved from St. Louis to Los Angeles in 2016.“PSLs have been extraordinarily successful in helping finance the construction of new stadiums, [including] the NFL Atlanta Falcons and are projected to be extremely important in the construction of the new Rams stadium,” said Robert Baade, a sports economist at Lake Forest University in Illinois. The most expensive Dallas Cowboys PSL is currently listed for resale at $262,500. Permanent Seat Licenses give holders the right to buy a particular set of seats for as long as the team plays in that venue. The teams are very conscious of the marketplace. Personal seat licenses, which give fans the right to buy season tickets—and are selling for as much as a small house. Real-time quotes provided by This material may not be published, broadcast, rewritten, or redistributed. When Permanent Seat Licenses first came into the marketplace in the 80’s and 90’s, some were available for as little as $250 and even the priciest ones were only a few thousand dollars. They have large marketing departments that study pricing and whose job is to charge the price that brings the team the optimal amount of money for each seat. There certainly will be some situations where you can re-sell your tickets for more money; maybe a great traveling team like the Packers is coming to town, or maybe your team has an unexpected 8-1 record and is a playoff contender. Are NFL Personal Seat Licenses Good Investments ... seat licenses to fund their stadiums. “The state has agreed to sell $125 million in personal seat licenses on the team’s behalf. Raiders join 17 other teams to get fans to help pay for new stadiums

“If a consumer buys a PSL, they are showing that they value the certainty of their seat over the lottery about the seats that they can acquire later by at least as much as the price of the PSL.”While the Raiders stopped offering PSLs at their stadium in Oakland in 2005, team owner Mark Davis said the franchise would refund existing season ticket holders who were displeased with the team’s move to Las Vegas. Raiders are the just one of several NFL teams that have sold personal seat licenses to help cover stadium construction costs in recent years. All rights reserved. The concept of the Personal Seat License has become popular in the NFL over the last generation, ... 51 responses to “ PSLs may be a good investment, or a bad one ” …

The most expensive PSL’s sold for Charlotte’s new stadium (Carolina Panthers) in 1996 were just $4000. However, PSLs in initial public offerings are selling for much higher prices today. “This should be evaluated as consumption more than investment,” Noll told FOX Business. You still have to pay the ticket prices for the seats each year, or else you forfeit the PSL back to the team. The team’s website also allowed existing Oakland-based season ticketholders first dibs on PSLs at Allegiant Stadium.Concerns about the value of a PSL as an investment has done little to dissuade prospective buyers. While ticket demand for the Rams has been strong, the Chargers have lagged far behind their $400 million revenue target, sports business newsletter In most cases, PSLs carry a guarantee which states that the team will partially refund the cost in the event of relocation, according to Roger Noll, a sports economist with an expertise in stadium financing at Stanford University in California. Quotes delayed at least 15 minutes.

Accordingly, if you try to resell your PSL, you might lose money. Fans paid anywhere from $500 to $75,000 for the license, according to the The Atlanta Falcons, New York Jets, New York Giants and Minnesota Vikings are just a few recent examples of NFL franchise that sold licenses to fund new stadiums. The Raiders’ sale for Allegiant Stadium raised roughly $400 million, exceeding expectations to an extent that officials funded additional upgrades to the facility before it opens to the public in July. One is to hold the PSL, buy very desirable tickets that can be re-sold to the general marketplace for above face value. The Las Vegas stadium will likely see a range of a few thousand up to perhaps $150,000 depending on seat location.There are basically two ways to make money from PSLs.

“However, the price of PSLs will depend on their ability to maintain their value, and that depends on a myriad of things to include the performance of the team – things that are hard to predict.”The sale of PSLs has emerged as a key mechanism for stadium financing outside private funds and taxpayer contributions. Losses mostly come from people who buy after new stadiums have been built. However, the latest few offerings have been a different story. However, you may also have to subsidize pre-season games that no one really wants and late season games when your team has a down year and is out-of-contention.The other way you can make money is to sell your PSL for more than you paid. They raise money for the team, usually to construct the stadium, and they give the sports fan the right to lock in on a particular set of seats. A federal judge later approved a settlement last June that required the Rams to pay up to $24 million in refunds to the impacted holders, recouping 30 percent of each license’s original purchase price.The Rams and their fellow Los Angeles denizens, the Chargers, are selling PSLs for their new shared $5 billion venue in Inglewood. The Raiders had already sold through 96 percent of their inventory by October and were expected to enter 2020 with a waitlist.Quotes delayed at least 15 minutes. Cox Communications president Pat Esser says fans will have a 'very unique experience' when visiting the new NFL Raiders' Allegiant Stadium in Las Vegas, Nevada.The Raiders are the latest NFL team to sell personal seat licenses -- at least The PSLs can run into the tens of thousands -- and fans still have to spend more on the price of the ticket for the eight home games at each NFL stadium with the licenses.Aside from NFL tickets in a premium seat, the licenses function as an investment for their holder.


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