PSL News just announced

Discussion in 'New York Jets' started by sect105, Jan 22, 2009.

  1. Section 227. Row 5

    Section 227. Row 5 Active Member

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    The Jets would have to make a business decision based on which scenario costs them more money. If they only have 2,000 seats left and by reducing those 2,000 seats, it sets off an avalanche of people wanting the same reduction across the board on the other 80,000 seats, which would cost them a small fortune, they wouldn't do it.

    They could probably give the tickets away to a charitable institution, some boys club somewhere in an impoverished neighborhood, then tell the NFL that all seats are spoken for and the stadium is technically "sold out," so therefore they could televise.

    Under no circumstances will the Jets go with a blackout, IMO, because, don't forget, the NFL (and probably the Jets by extension) derive income from TV advertising. so that would be a consideration as well, I would think.

    Still though, what happens if it's not 2,000 seats? What if it's 16,000 seats, or 20% of the stadium? What if they go through all the Waitlist people and have a ton of seats left? That's it for the prospect list. Think about it. There are no more prospects after the Waitlist.

    What are you gonna do, call up the local old age home and see if anybody on Social Security wants to buy a PSL? Maybe you visit the VFW and find out if any of them are Jets fans? Maybe we should contact the Boy Scouts of America and run an ad in their magazine? I mean, come on. Who are you going to prospect with the proposal to pay the Jets $5 Grand just for the privilege of being able to buy expensive tickets? Everybody else in the world except us will tell them they're out of their freakin' minds!
     
  2. championjets69

    championjets69 2008/2009 TGG Darksider Award Winner

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    Heck there is always Sen. Chris Dodd to ride to Woody rescue like he did to those managers at AIG allowing those bonuses
     
  3. Section 227. Row 5

    Section 227. Row 5 Active Member

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    Woody could always go to Washington and look for some of that bailout money to help with the PSLs. What the hell. They're throwing it around like water, might as well throw some of it our way.
     
  4. 17a_tailgater

    17a_tailgater Active Member

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    i had asked this question to the tour guide. i f asked if the psl's dont sell will they ever lower the price? he said with confidence,"we WILL sell all these PSL's". and i can still remember that 25 year old cracker smiling with his flashy suit and tie.i wanted to ring his neck. i mean he was hired for the sole purpuse of selling these psl's at all cost.and for the price woody wants.

    shit now im pissed again about this stadium.
     
  5. Section 227. Row 5

    Section 227. Row 5 Active Member

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    Hahahahahahaa.....

    LMFAO....
     
  6. Cornfed

    Cornfed Member

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    Sounds like that salesman is learning an important life lesson at the young age of 25. No matter how confident he is or how nice of a tie he had, he can't control the economy. I wish him all the luck in the world in selling those PSLs, especially at the crazy costs they're currently trying to sell them at. He's going to need it. The Giants, with much higher demand, are deep into their waiting list trying to sell the $5ks. I don't even think there are 18,000 people on the Jets waiting list. And that's for $5ks. Who on earth is buying the $25ks??? Answer for the salesman - no one!
     
  7. Section 227. Row 5

    Section 227. Row 5 Active Member

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    These guys are beautiful. When he calls you up, he's going to introduce himself and tell you he's your rep and how it's his job to "help you" with the move to the new stadium.

    "Yeah, what are you gonna do?" I should have asked, "Help me carry my old plastic seat into the new stadium?" I mean, WTF? You're going to "help" me? No, you're going to screw me.

    The whole thing is a disgusting sham. Who needs "help" with the move to the new stadium? I'd have more respect if they called and laid it on the line, "I'm a sales rep with the NY Jets and I'm calling to tell you about the PSLs that are available." Okay, fine. But don't insult my intelligence by telling me you're going to "help" me with my move to the new stadium. Your kind of "help" I'd like to avoid like the fucking Bubonic Plague.
     
  8. championjets69

    championjets69 2008/2009 TGG Darksider Award Winner

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    Why would U ever had gotten unpissed about the new stadium?
     
  9. 17a_tailgater

    17a_tailgater Active Member

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    i blocked that shit out and stayed out of these stadium threads. and the free agent signings......
     
  10. championjets69

    championjets69 2008/2009 TGG Darksider Award Winner

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    Yeah but it is always there. Just think of the $500.00 more per seat you have to pay in 10 which turn into $600.00 in 2011 & $700.00 in 2012 & so on & so forth. Since U will have a UD seat think of the hike from parking spot to gate. Think of $5.00 fee every time U have to take a whiz. Think of the $20.00 fee every time U gulp a breath
     
  11. JETSFAN1290

    JETSFAN1290 Banned

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    Upper deck seats arent a deal here guys. FREE usually comes with a hitch. The uppers are alot higher than the original uppers. I dont know about you but im not watching a game through a pair of binoculars. Woody can stick his seats up his ass. I will enjoy the game from home on the big screen. And when I feel the need to attend I will overpay for lowers.
     
  12. championjets69

    championjets69 2008/2009 TGG Darksider Award Winner

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    Yeah but those NYGs fans have to pay a grand a seat for the honor to sit in them
     
  13. Section 227. Row 5

    Section 227. Row 5 Active Member

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    You won't even have to overpay. Just wait until the Jets are 3-11 and playing another 4-10 loser on a Monday night in December and the forecast is for rain changing over to sleet, dropping eventually to a NW windchill factor of 18 degrees.

    Then you'll be able to experience Woody's "state-of-the-art" stadium for about $20 per seat and no one will even be there. The scalpers will be running out of gas picking up spare tickets from people trying desperately to dump them.
     
  14. JETSFAN1290

    JETSFAN1290 Banned

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    LOL Your right ive seen this numerous times throughout my lifetime. And it will happen again. Dam you reminded me of all shitty weather games ive sat through over the years...............:mad:
     
    #514 JETSFAN1290, Mar 19, 2009
    Last edited: Mar 19, 2009
  15. Section 227. Row 5

    Section 227. Row 5 Active Member

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    The sad thing is that somehow, since the tickets were somewhat affordable, it wasn't totally the end of the world to be sitting there under those weather conditions. I could justify it and it helped to not feel like I was being ripped TF off.

    But now, think of some guy who paid $7500 per seat for the PSL and $700 per seat (times 4) for the game tickets that day, and he's freezing his nuts off. Hey, those state-of-the-art restaurants and bars inside are only going to hold so many people. It's gonna be packed with wet candy-asses getting out of the weather. They'll be stacked up and qued outside the entranceways to the bars with 6 deep inside at the bar, all trying to vie for the bartender's attention and not a seat to be had. forget about flagging down the waitress.

    You'd be better off sitting in a Friday's somewhere where at least you could have good service at the bar and right in front of the TV.

    Better yet, don't even go for the cockamamie PSLs in the first place and sit in front of your oversized HDTV, like so many others have talked about.
     
  16. JETSFAN1290

    JETSFAN1290 Banned

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    Its not about affordability for me its about principal.I cant see investing that kind of money with no return other than owning a seat. I could buy a vacation home, a muscle car you name it with PSL money. Not being at the game wont make any of us less of a fan. Its a shame this had to end up this way...........:mad:
     
  17. Section 227. Row 5

    Section 227. Row 5 Active Member

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    I hear you man. Keep in mind that owning the PSL is less of an "investment" than most people realize, because it will have diminishing "returns." The longer you own the PSL the less likely it will be for you to get your money back. This PSL is only good for this stadium, so as the stadium ages and you move closer to the day that this stadium needs to be demolished, the current PSL will become worthless as a whole new round of PSLs are needed for the new stadium, and so on. And it will not cover renovations. This is just for the current construction.

    The way the fickle public is and the trend in which that is going, you might hear cries for a new stadium by 2030. What the hell, the current stadium is only 26 years old and some have been whining for years what a rundown POS it is. Take that trend further and the whining little panty-waists will be calling for the one being built right now to be torn down because it's a "piece of crap" by then-standards. So the more time that moves on, the more worthless your PSL "investment" becomes.

    It's really laughable. I can't believe how gullable you'd have to be to go for this entire idea. Everyone should have told the Jets/Giants to shove it up their ass. I know I am.
     
  18. jets&rushfan

    jets&rushfan New Member

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    I just pulled out my game stub from 11/27/1994 Sect 140/04/04 I would rather sit there into eternity than pay a PSL

    It was $25 and a hell of a good time
     
    #518 jets&rushfan, Mar 19, 2009
    Last edited: Mar 19, 2009
  19. ilovemaui

    ilovemaui New Member

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    I just read threw the entire lawsuit document. And I'm gonna join as a plaintiff. Actually, the lawsuit will have ALL Jets and Giants fans as claimants. They are going to try to get PSL's declared as Illegal, null and void. Is there any chance that a judge could find in favor of this lawsuit?
    Does everyone here realize this? you buy these PSL's, then you MUST buy all seats, including preseason, regular season, and playoffs every year for the next 25 years, and if you decide you can't or don't want them one year, that you forfeit all of your rights to those PSL's including any $$ you spent for them. The Jets/Giants are under no obligation to buy them from you, at any price, and if there is no market for them, then you are basically screwed.

    Additionally, the Jets/Giants are not bound by any agreement on what they can charge for seats every year, even for the 1st year. But they could double/triple whatever the price of the seats, force everyone to give us their PSL's, then can resell them again, with no compensation.

    And what no-one is saying, is that you (the Jets/Giants season ticket holder), had a contractual right of renewal of your season tickets every year, which was unilaterally terminated without any rights or consideration. You can't even get your same seats in the new stadium.

    This entire PSL deal is a complete scam, and anyone who buys into gets what they deserve. but it's too bad, because Woody Johnson and Mara are completely alienating their entire fan base, those who have been loyal to them for years. Wellington Mara never would have done this. and Woody Johnson has more $$ than anyone. They didn't have to do this. The only way to fight this is either through the courts, or to just say NO, I will watch on my 70inch Hi Def TV.
     
  20. Section 227. Row 5

    Section 227. Row 5 Active Member

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    Yes, we're all well aware of this. Perhaps you haven't been reading posts on this board, but we've been talking about this for years (has it been that long?), going way back to the WSS even.

    Here's the latest article in today's paper. Besides the points ilovemaui makes, I also didn't know that the Jets/Giants have been conveniently concealing the fact that they can get out of their 30-year lease at the 15th year. It has not been made clear by either team what would happen to the PSLs if they were to excersize that option:

    http://www.northjersey.com/sports/pslsuit031909.html

    Jets, Giants Season-Ticket Holder Sues Over PSLs
    Thursday, March 19, 2009
    Last updated: Thursday March 19, 2009, 3:45 PM
    BY JOHN BRENNAN
    NorthJersey.com

    STAFF WRITER
    A season-ticket holder for the Jets and Giants is suing both National Football League franchises for what he calls their ?unconscionable? ticket-pricing programs at the new, shared stadium in the Meadowlands.

    Harold Oshinsky, a Florida resident, seeks a jury trial and unspecified damages in a class-action suit filed in U.S. District Court this week. He said the teams? use of personal-seat licenses (PSL) violates the New Jersey Consumer Fraud Act and federal anti-trust laws.

    The Giants are charging all fans $1,000 to $20,000 for a PSL, which gives them the right to purchase season tickets at the replacement for 33-year-old Giants Stadium, due to open in 2010. The Jets are charging fans in the lower level a minimum of $5,000 for the right to retain those seats, with the best seats available to the highest bidder via auction.

    Oshinsky ? who has six seats in Section 130 for Giants games and four seats in Section 131 for Jets games ? alleges that the re-sale value of the PSLs are overrated by the teams. He points to the uncertainty of future ticket prices, which now near $100 per game even for the least-desirable seats.

    ?The terms of the PSLs provide no assurances, guarantees or protections that Defendants will not set prices for Season Tickets at more than twice, or 10 times, the amount they currently plan to charge in 2010,? Oshinsky?s attorneys wrote.

    The long-time season ticket holder also asserts that the teams conceal the fact that either franchise could opt out of their stadium lease midway through their 30-year lease.

    ?We are aware that a complaint has been filed, but we have not been served papers as of yet,? Giants spokesman Pat Hanlon said Thursday. ?We have no comment at this time, beyond to say that we are confident we have complied with all applicable law in the formulation and execution of our sales plan for the new stadium.?

    Under terms set by the teams, failure to renew season tickets would result in forfeiture of the PSLs. Fans can sell their PSLs on the open market beginning in 2011, however, and many Chicago Bears and Pittsburgh Steelers supporters have sold their PSLs for several times their original value.

    Oshinsky said the uncertain cost of tickets and the lack of sufficient disclosure about how secondary-market sales would work make the programs illegal. He adds that the fine print in both PSL agreements mandates that fans agree that they will have ?no expectation of profit as the licensee of this PSL.?

    Among the remedies sought in the lawsuit are a prohibition on the sale of PSLs; disclosure of all expected annual season-ticket price increases; team payment of a fair PSL market value for fans not seeking to renew; treble damages; and payment of all attorney?s fees.

    About 45,000 fans purchase the combined 160,000 season tickets for the two teams, Oshinsky estimated.

    The Jets ?colluded? with the Giants in 2005 by abandoning an effort to move to a new Queens stadium, according to the suit, agreeing to refrain from competing for luxury-suite revenues and large-scale events.

    Oshinsky compares the PSL program for the two ?monopolistic? teams to a hypothetical conspiracy between a local cable company and telephone company charging a ?Broadband Subscription License? to purchase high-speed internet access.

    E-mail: brennan@northjersey.com
     

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