Pass the tickets down? I'm 29 and I'm not concerned one bit about passing the tickets down. Assuming that this is another 33 year stadium I will be 62 when the new stadium is built. I should hopefully still be alive (knock on wood) and hopefully I'm not jinxing myself with this post. Assuming you're younger than me and in college you should still be alive in 33 years too and passing them down shouldn't be an issue. If you have the cash for these kinds of seat god bless you. Being 29 years old I would rather take my PSL money toward a down payment on a house. Here are a list of things I'd rather do with 30 k 1. down payment on a house 2. pay off student loans 3. if i have a house down payment on a vacation house 4. invest towards my kids college one day. 5. if these 4 are taken care of then an insane tailgate vehicle
My game tickets are $140 per. Sadly, I don't think there are any seats that are less then $100 besides the upper-deck endzone seats.
There are Jets fans all over and I'll get people saying Go Jets all the time but 75% of them are Giants fans or fans of another team that feel bad for me. There are still Jets fans but I feel like our fan base has declined based on the Giants success and the PSL situation.
The 3 biggest concerns I and I assume most others (I know bad to assume) have with PSLs are 1. there is no price lock on ticket prices 2. the prices for a PSL are insane and 3. what do we get as a benefit for buying PSLs? I think people who buy PSLs have thought about #s 2 and 3. However, they don't realize #1 which is ticket price increase. Say you buy that $4k mez end zone PSL. There is a good chance that ticket price will go up each year and by a lot more than $5. Not only that we all know Woody won't say "oh the economy is bad let's not increase prices this year." Assuming the economy gets better we all know that it has its ups and downs. If the economy goes down Woody could say hey put a $50 per ticket increase. If fans bail big deal he can now have those PSLs back to re-sell again. That's where I think the re-sale market will become flooded.
This is correct. I don't think anyone on this board would have an issue with ticket increases if there weren't a PSL. While I find $95 for an endzone seat to be a ripoff I would have no issue paying $140 for a lower level sideline seat. PSLs and the fact that they can choke you financially and if you default ruin your credit score is the major issue.
Yes, you can do a lot with 30k. Just because I paid for the PSLs doesn't mean I'm not upset about it. I agree with everyone, PSLs=corporate greed and Woody is screwing the fans big time. However, I decided to go with it for reasons I have already explained and don't really want to talk about it anymore because, frankly, it disappoints and upsets everyone. I can sit down with Woody and argue with him why it is not necessary to use PSLs to help fund the stadium but that's not how it works. This PSL "system" is only fair if there was some kind of dividend.
Is anyone still doing the 10 am call up the ticket office to raise hell phone call? Friend of mine got a call today $640 for the season in the lower level. I realize the more we flood the phone lines the less time ticket reps can receive or make phone calls which is what we should try to accomplish until we get our preseason money refunded. I know won't happen but we should still raise hell.
Yeah, there are NOT a lot of Jets fans. I live in upstate NY....and for every Jets fans there are 3 bills fans 3 giants fans and 3 pats fans. We are far and away the least popular football team in the NE. When I visit the city, in particular my banker buddies, its all Giants. Jets to that bunch are considered the "common team". That is why I am shocked the Jets think corporations and richies will line up for these seats. They want GIANTS games not Jets...they don't really care about the team its the BRAND and STATUS a guy like that wants. Its kinda like the Rangers/Devils or Yanks/Mets. People are much more impressed and see the perk for the big guns...the popular teams. The Jets made an enormous strategic error by thinking they could "go rich" with this team based on its fan base.
Has anybody been to a Pats game in the razor stadium? I have, and it sucks. Its a sit down stadium now. That is what the Jets games will become, only a lot less full.
I got an email from the Jets yesterday about purchasing full or half season ticket plans. I'm already a season ticket holder, who paid FULL PRICE in May!!...IS THIS TEAM RETARDED!!!?????? I wish I could have copied the email that I sent back to them. I'm sure I'm not the only one who has told them what a greedy, disloyal organization they have become.
I just received the same email about the "new" season ticket deal. I replied to the email and this is what I told them.. "Do you even screen who you send this email to? I am already a season ticket holder. And while we are on the subject of season ticket "deals" am I going to get refunded for my preseason tickets as obviously now you are not required to purchase them to get season tickets?"
Just told off this ticket office but I can't get give my name or raise too much hell I'm waiting on my 2010 seats.
ha. You showed them! haha Personally, I think we should season ticket holders should class action sue the Jets to get our preseason money back. I'm 100% serious.
Excellent points, 337. You're only 29 but your head is screwed on well and IMO you're headed for success with this thinking. I'm 64 now, and your above plan was my plan 35 years ago. Not bragging, but here's how it turned out for me: 1. down payment on a house Accomplished that at the age of 26. Got my foot in the door early. It's important to do this even if you're not thrilled with the house or it's not the place you want to live in forever. The point is, you're building equity now instead of paying worthless, non-deductable rent. Someone as young as Huskies just doe not realize the importance of this initial investment over paying off his father's PSL bill over the next 15 years and paying the on-going, never-ending, always escalating ticket prices every year from now until eternity. He's going to be strapped with a non-appreciating asset, unlike yourself, who will be building wealth. 2. pay off student loans Was fortunate and didn't have any. Worked while I was in college and graduated without having the debt burden, but that's okay. You're still headed in the right direction for success in life. Continue paying off these loans and whatever you do, continue knowing that it's a much better investment than the cockamie Jets PSLs. In fact, there's no comparison. 3. if i have a house, down payment on a vacation house At the age of 31, 5 years after I bought my primary home, I refinanced it, pulled out some cash while keeping the mortgage payments the same (longer term), and put the money down on a rental duplex down on Long Beach Island, 2nd house from the beach. That house was $54,000 back then and is worth 1.5 Million (well, okay, maybe 1.2 in this market, but who cares). I've rented it over the years and used it (both) and my family grew up at the shore and we still use the house to this day. It's been a wonderful investment, unlike what Woody is peddling, which is a non-investment. 4. invest towards my kids college one day. Did just that. Put my kids through college WITHOUT the necessity of having them pay off student loans. Part of this was due to the fact that I had the rental income from the duplex on LBI. Investment payed off... my daughter is now a school teacher (and loves it) and my son works for Merrill Lynch. Both are happily married, own their own homes and are contributing members of society. Both come to the Jersey shore and all this was possible because I did not make the kind of decisions like a cockamie PSL purchase, which will be an ongoing, non-appreciating, worthless debt load forever. They make TVs nowadays that you can watch Jets games on. It's not necessary to mortgage your fucking future for Woody Johnson. 5. if these 4 are taken care of then an insane tailgate vehicle After my kids graduated college and were out on their own and I had some relief from the college expenses, I bought myself a toy: a 1961 Corvette. But I also refinanced that first beach house again, and used the proceeds to once again make another beach house purchase, the duplex across the street. That was in 2000, right before the RE market took off again, so now I have two rental properties besides my primarly residence. I put the 2nd one up on pilings and totally renovated it 7 years ago, so now this house is worth beaucoup bucks also... we're probably looking a 3 Million in value for both. This was all possible because of the very first initial house purchase and NOT making fucked up, emotional decisions like buying a ridiculous PSL from Woody Johnson. My retirement is secure now. I will collect SS soon, but even if that goes in the toilet along with everything else as we know it today, I will at least have a secure retirement at minimum and a very, very happy one financially. I'm already planning on putting my grandkids through college and we will travel, live well, perhaps a place in Florida as well as LBI in the summers, all becasue I resisted idiotic "investments" like Woody'd fucked up PSLs. Can I afford a PSL? Sure, but I didn't do it out of principle and I think my grandkids' college diplomma will be worth more than Woody's ongoing, never-ending, always escalating, PSL-ransom-over-your-head ticket prices. I mention all of the above to you not by way of bragging, that's not my point. My point is, YOUR ABOVE PLAN WORKS. It worked for me! You're only 29 and you can do what I did man... anyone can... but you have to create an excellent priority list like you have here. Good job 337.
Kudos - sounds like both of you have a well thought out financial/life plan. My question is , does this plan/budget allow for vacations or entertainment. The reason I ask is I know many people who spend thousands of dollars a year on exotic vacations or golf club/counrty club memberships or even going to AC/Vegas several times a year . I view Jet tickets in that same category. They are not the most crucial things in life but I love going - so I make them a priority over other entertainment choices. Does that make me stupid or less successfull no - its just how I choose to allot my entertainment budget.
337's successful plan is what will provide him the money for entertainment, vacations, travel, etc. Where do Jets games fit in with that entertainment? It doesn't mean you have to eliminate the Jets. I've been a season ticketholder since 1985. How did I afford the tickets? By FIRST sticking to the plan, not vice-versa, and by not strapping myself at an early age with ridiculous Jets ticket payments. Besides, tickets are always available. I often got free tickets to games out at Shea when nobody wanted to go. They're always going to be out there... the crappier the season and the worse the weather, the cheaper the seats get. And now there's High Def TV.
You are wrong, the Upper deck will rock, its all the real fans and will be like Shea in the old days, the lower level will be the sit down like Yankee Stadium. Its gonna be great, the UD will have no Giant fans or causual, Docker/Izod/ Rockport dressed men anymore. Its the only positive thing I can think of
Those of you who think the PSL's are resellable aren't taking any account of the fact that we can't sell out the 2009 building ! Let's look at this another way. The old building is smaller than the new building. We know a lot of people who were downstairs moved upstairs. It is absurd to think that people will buy in 2010 what they could get without a psl in 2009. Add these up and you have a lot of empty expensive PSL seats. We all know what happens when supply exceeds demand, price drops and those who bought early get screwed (except you get to keep your seats, which may be better than the cheaper ones which are selling at a discount).
