Einstein
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Posts posted by Einstein
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If this is correct, then PSL’s are following a formula of two and a half times the season ticket rate in the non-club seats. Question becomes: Is this a multiple of the current season-ticket rate, or the new stadium-season ticket rate?
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1 minute ago, SoTier said:
It took Chicago four years to decide that they didn't want Trubisky.
And it took the Jets 3 years. This isn’t some massive difference - it’s literally 10 months. Your attempts to frame it as drastically different is not going to fly.
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2 hours ago, Buffalo_Stampede said:
Did we ever get a video like this yet?
Wow, that's a nice looking stadium. -
35 minutes ago, SoTier said:
Apples to turnips, dude. A first round QB on his rookie contract
Trubisky was a 1st round pick on his rookie contract too. There were no takers.
But forget that for a moment - even when they released him, and it cost NOTHING in trade value to sign him, teams still had little interest. He signed a 1 year $2M deal.
No turnips here.
Quotewith the Jests picking up half his salary, he's cheaper than any veteran backup QB they could sign off the street
Even with the Jets picking up half his salary, they are STILL paying him more than we are for Trubisky (2.75 vs 2.5).
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12 hours ago, GunnerBill said:
Wilson, three years into his NFL career has gone from #2 pick to 7th round value.
And Trubisky has zero trade value.
He was released by the Bears just 1 year after the Jets released Wilson and the Bills got him on a 1 year, $2M deal. He had no market then and he has no market now.
12 hours ago, GunnerBill said:But Mitch Trubisky is fine as a backup.
Steelers record with Trubisky: 2-6
Steelers record without Trubisky: 17-9I'm not sure how it gets much clearer than that.
Zach Wilsons record sucks too, but the Jets suck with or without Wilson. He did not drag them down like Trubisky dragged the Steelers down. As mentioned prior, Zach Wilson beat 3 playoff teams last year. Took the Super Bowl champs to the final minute too.
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1 hour ago, GunnerBill said:
This is ludicrous.
It's not. And the NFL agrees with me.
Trubisky was released by the Steelers as he had no trade value. He has lost 5 of his last 6 games, all of which were games against NON-playoff teams. This, while playing on a Steelers roster that had a winning record when he was NOT the quarterback.
Wilson on the other hand was worthy enough to trade some draft value (albeit small) for. Last year, Zach Wilson beat THREE (3) playoff teams. The Bills, Eagles, and Texans. He also took the Chiefs down to the final minute. He beat more playoffs team last year than Trubisky has beaten in the last five (5) years COMBINED.
I don't want either as a starter, but as for a backup, give me Zach all day, every day over Trubisky. I watched Trubisky hold the Steelers back repeatedly over the last two years. It is my opinion that he is barely deserving of an NFL roster spot.-
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4 minutes ago, White Linen said:
I don't know man. Trubisky is no prize but Wilson is pretty rough.
Trubisky, in my opinion, is among the worst backups in the NFL. I truly believe that he is simply awful and I have zero confidence in the Bills winning a game with him ever needing to play more than a dozen or so snaps.
- The Steelers were 7-3 when Pickett started and finished the game last season. He had wins over playoff teams such as Baltimore, Cleveland and the Rams. He threw for over 200 yards in 60% of his games.
- They were 0-3 with Trubisky starting. All of those losses came against non-playoff teams. He threw for over 200 yards in 0% of his games.
I really wish he was not on the roster.
Zach Wilson on the other hand is not great, but I truly think he has potential as a backup. Heck, he's beaten us twice.-
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I would have taken him as a backup over Trubisky.
Saw flashes him in (backup flashes - not starter).-
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7 hours ago, Alphadawg7 said:
Jaguars - Terrion Arnold, CB, Alabama: My heart wants to write *TRADE* here and input Buffalo Bills name to take Thomas
The number of holes punched into drywall throughout western new york if Beane did this…
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3 minutes ago, papazoid said:
PSL's are expected to raise $100-200 million
the cost over runs of the new stadium are already $300 mil and likely rising to as much as $600 mil or more
irregardless of the PSL success, that doesn't cover the significant cash he needs for the stadium cost over runs
It could be part of it, but unless the Bills are run by incredibly inept executives (I don't think they are), then they would have surely had overruns calculated in. This is an internal figure and is typically only surprising to the public (not the company). At no point do you go into a $1.4B project not expecting at least a 20% variance (I believe McKinsey reported a few years back that the average overrun is 25%), which would be nearly $300M budgeted for overruns alone.
PSL money is State money with the Bills acting as agents thereof. Its also not taxed. Every dollar the Bills can produce as agents of PSL's reduces their burden toward the stadium by about $1.087.7 minutes ago, papazoid said:if the new stadium seats 63k and they hold back 10% for individual sale.
that leaves 57k for PSL & STH
one way or another....they are selling out all 57k
No question that they will sell out all of the PSLs.
The question is at what price. They are likely using the club seats as a benchmark for the next sections. If these seats are not selling like they hoped, then they are likely now realizing that the prices they will be able to charge for other areas will not be as high as they had hoped. Lower prices -> increase % of sold -> raise capital elsewhere. -
31 minutes ago, SDS said:
Is there any evidence that the PSL‘s are selling poorly?
The Buffalo News reported that 1 of ever 4 Season Ticket Holders are choosing not to buy them at their PSL appointments. Some posters have theorized that a percentage of those people may end up purchasing in less-expensive sections than they currently sit so that number may be lower in time, which I think is a fair argument.
Where it gets tricky is whether we can actually trust this number. I don't have any evidence for this, but understanding how organizations think, my hypothesis is that this 25% number is actually a bit higher, and that the Bills are using corporate buys to bump that number (with the goal of creating scarcity). We have seen in other stadiums (Jets and Atlanta for example), that the teams have had to lower prices to sell all of the PSL's.
Whether this all lines up with the Bills internal KPI's is unknown, but I have my doubts on whether Pegula would be raising capital via the sale of a portion of the team if PSL's were selling like hot cakes. My hypothesis is that they were using the club seats as a benchmark for forecasting the remainder of the stadium and they are now realizing that the prices they will be able to charge for other areas will not be as high as they had hoped. Lower prices -> increase % of sold -> raise capital elsewhere. -
2 minutes ago, GunnerBill said:
Sell the ***** Sabres they are next to useless.
If you believe the rumors, they have been trying to sell the Sabres for about 9 months now. -
Just now, boater said:
I was wrong in my previous post. Thanks to all who have point it out. But the termination fee in the big picture is still very little. This from the Buffalo News:
This is correct. As I mentioned above, if the Pegulas did ever sell the team to a buyer at the team value of $5B, it would only cost that buyer 16% more to move the team.
Some people would simply see that as a cost of doing business.But moving is not a concern right now. This minority sale of the team is simply due to PSL's not selling as they hoped.
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3 minutes ago, gflande1 said:
Bills aren’t going anywhere, they have a long term lease in place…it would cost a fortune to break that lease.
The lease is garbage. I agree the Bills aren't going anywhere (why would they? brand new stadium and all), but if someone were to pay over $5 Billion to buy the team outright (the current value of the team), what is to stop them from paying another 16% to move the team? Nothing. Just 16%. -
15 minutes ago, SoonerBillsFan said:
Is Terry having financial issues?
They dissolved PSE, many rumors of them trying to sell the Sabres on the low, and now they are putting 1/4 of their only valuable sports team on the market.
Something is going on (hint: PSL sales are not going too well).-
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Fake. But it made me happy to read regardless.
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57 minutes ago, Kirby Jackson said:
That’s 100% true. They hadn’t done it before. They tried to fix them for a few years but it didn’t work.
The Bills and/or Erie Co share the blame in this. Why would you hire a company to install in-seat heating that has never done it before?
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2 hours ago, Kirby Jackson said:
Just found the “in seat heating” to be vague. Maybe you meant that the heaters within the seats didn’t work
Yes that’s exactly what I meant. The heaters in the seat didn’t work. I love the radiant heating.
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25 minutes ago, Kirby Jackson said:
Um, no it’s not. The seat heaters were a disaster.
Sounds like we agree? Not sure what you mean by “no it’s not”?
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1 hour ago, Mr Info said:
The Founder’s Club seats are heated seats and also have radiant heat overhead. Those seats and row depth are enormous. Rob could sit on Rex’s lap (nasty image) and they still would not reach the seat in front of them.
I love the radiant heating. It is plenty for me personally.
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1 hour ago, SoCal Deek said:
Are the actual seats heated? Or is this radiant heat being ‘cast’ down on them? If it’s the latter then it makes no difference if you’re standing. If it’s the former then I’ll bet money they’ll all be broken in three years…tops.
The in-seat heating didn't last long in the current clubs. It was pretty awful.-
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Josh Allen would own us if he was on the Chiefs and we had Mahomes.
QB is not why we are 0-3 against the Chiefs in the playoffs.-
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3 minutes ago, Kirby Jackson said:
We figured closer to the goal line would drop the cost. I’m at like the 10 and it went from $20k to $15k.
The anchoring effect in action! Very cool to see. For those who don’t know, this is a cognitive bias effect that we see wherein people rely heavily on the first piece of information offered (the “anchor”) when making decisions. In your example, the initial price of $20,000 sets the anchor. When the price is then reduced to $15,000 (closer to the endzone), this reduced price seems cheap in comparison to the anchor. However, if the “cheap” price was shown first, then it would have been seen as high (since it would be the anchor). We use the anchoring effect a lot in negotiations to influence the other parties perception of price fairness.
Congrats on the tickets. Whether others think it’s a good deal, bad deal, or fair deal, you now have a spot in the new stadium and that’s pretty cool regardless.
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1 hour ago, Kirby Jackson said:
It feels like a small win. I was thinking that it was going to be $20k per but holding out worked
They are reducing prices already?
29 minutes ago, Just Jack said:Your answer is too short. Needs to be about 3-5 paragraphs, of copying/pasting other posters info, but claim them as your own.
If you can link a single instance of this ever happening I will Venmo you $500.
I *really* want to see these other posters that are posting equations. I’m missing out on my type of folks!
1 hour ago, WotAGuy said:
Since @Einstein is in high-level meetings in India, let me just say you’ve been gouged.Delayed until the 28th. And moved to Delhi instead of Mumbai. Bummer.
People should pay whatever they feel is right for them. I’ve paid several hundred dollars for bottles of wine at a restaurant that I could purchase for $80 online. But the experience of drinking it at the restaurant, with friends and/or colleagues, in that atmosphere, was worth it to me.
As long as people understand what they are doing (the opportunity cost, the consequences, the benefits, etc) then have at it.
Stadium Construction Discussion (No PSL/Seat selection posts)
in The Stadium Wall
Posted
If someone purchased the team RIGHT NOW, for the fair market value, it would only cost about ~20% more to leave.
Twenty percent more, to leave us with a hole in the ground and an bunch of metal and concrete.
After 15 years, the penalty to relocate reduces annually.