Kirby Jackson Posted March 26 Share Posted March 26 2 hours ago, TheFunPolice said: dumb question maybe, but does this mean 20K per seat, just for the right to then buy the seats? So 2 season tickets means 40K fee just to buy the tickets on top of that? Is it one-time? It is. You can pay it interest free over like 18 months or finance it over 10 years (at least I think it’s 10). Quote Link to comment Share on other sites More sharing options...
Just Jack Posted March 26 Share Posted March 26 33 minutes ago, RiotAct said: M&T Bank Fidelis Care Delta Sonic New Era Fischer Price Ted’s Hot Dogs Babcia’s Pierogies Anderson’s Custard Catholic Diocese Kalieda West Herr Anchor Bar Duffs 1 Quote Link to comment Share on other sites More sharing options...
mrags Posted March 26 Share Posted March 26 24 minutes ago, Just Jack said: Kalieda West Herr Anchor Bar Duffs Ingram micro wegmams Blue cross Tops citi group Delaware north Dupont Ellicot group General Mills Geico Ford Gm Keybank HSBC Labatt Brewing Mighty Taco Moog Rich Perrys Republic Steel Seneca Gaming Literally like ever single laser eye care company currently has suites now. and these are just the known names of companies that either do now or very easily could afford the crazy PSL prices in the new stadium. Then theres dozens of small unknown business that are there. I personally know 2 businesses that have suites. I’d almost guarantee nobody has ever heard of them unless you’ve don’t business with them. I know dozens of realtors that currently have expensive club seats that are planning clubs in the new stadium. people that don’t even think that small companies that have the money to buy some of these seats are delusional. 1 1 Quote Link to comment Share on other sites More sharing options...
JakeFrommStateFarm Posted March 26 Share Posted March 26 On 3/23/2024 at 6:47 AM, Spiderweb said: 20K to 50K for the better seats so far. I know these are the way of life for quite some time but I can't help but to feel these are the ultimate slap in the face. Billionaires come to taxpayers to fund much of their stadiums, then insult them and make them pay huge sums just to have the right to buy season tickets. How can this be ? I keep reading on this board that Pegula is the billionaire with a heart of gold. Clearly there is some serious misinformation going around!! 2 Quote Link to comment Share on other sites More sharing options...
strive_for_five_guy Posted March 26 Share Posted March 26 What’s next, Peacock going to charge a Personal Viewing License too??? Quote Link to comment Share on other sites More sharing options...
WotAGuy Posted March 26 Share Posted March 26 1 hour ago, AlCowlingsTaxiService said: Apparently one of the more prominent funeral home owners decided against it, and I’m sure they’re not going to be the only ones Those people are dead to me. 1 7 2 Quote Link to comment Share on other sites More sharing options...
Just Jack Posted March 27 Share Posted March 27 2 hours ago, mrags said: I know dozens of realtors that currently have expensive club seats that are planning clubs in the new stadium. Their new ad campaign… ”Buy a house, be entered in a drawing for Bills tickets.” 1 Quote Link to comment Share on other sites More sharing options...
4th&long Posted March 27 Share Posted March 27 Pagulas are known to overplay their hand. It’s their business model. They are going to be embarrassed. This isn’t LA. 1 Quote Link to comment Share on other sites More sharing options...
BullBuchanan Posted March 27 Share Posted March 27 5 minutes ago, 4th&long said: Pagulas are known to overplay their hand. It’s their business model. They are going to be embarrassed. This isn’t LA. No, no they won't. Did you forget about Toronto which is bigger, more affluent, and more sports inclined than LA? As long as the team keeps winning, they won't have any problem selling out. It will just be different people in the stands. 1 Quote Link to comment Share on other sites More sharing options...
DasNootz Posted March 27 Share Posted March 27 CPA question - is the PSL deductible for a business… or is the purchase price just the cost basis for when it’s sold later? 1 Quote Link to comment Share on other sites More sharing options...
papazoid Posted March 27 Share Posted March 27 (edited) initial cost estimate of new stadium $1.4 Billion current cost estimate of new stadium $1.7 Billion likely final cost estimate of new stadium $2.0 Billion NY State Contribution $600 million (not part of "construction costs" is an additional $280 million for maintenance over 30 years) NFL & Bills Contribution $550 million (Pegula's portion is $350 million) Erie County Contribution $250 million SUB TOTAL Contribution $1.4 Billion Pegulas are responsible for any and all cost over runs....currently at $300 million and rising. Projected to raise $200 million in PSL's so, if you factor in cost over runs....i say he will contribute $800 million or 40% Edited March 27 by papazoid 1 Quote Link to comment Share on other sites More sharing options...
Einstein Posted March 27 Share Posted March 27 18 minutes ago, papazoid said: initial cost estimate of new stadium $1.4 Billion current cost estimate of new stadium $1.7 Billion likely final cost estimate of new stadium $2.0 Billion NY State Contribution $600 million (not part of "construction costs" is an additional $280 million for maintenance over 30 years) NFL & Bills Contribution $550 million Erie County Contribution $250 million SUB TOTAL Contribution $1.4 Billion Pegulas are responsible for any and all cost over runs....currently at $300 million and rising. Projected to raise $200 million in PSL's So they’ll end up paying 5 to 10% of the stadium cost? Quote Link to comment Share on other sites More sharing options...
papazoid Posted March 27 Share Posted March 27 (edited) 6 minutes ago, Einstein said: So they’ll end up paying 5 to 10% of the stadium cost? i edited my post.....Pegula's portion of the "NFL & Bills" $550 mil is $350 mil Edited March 27 by papazoid Quote Link to comment Share on other sites More sharing options...
Einstein Posted March 27 Share Posted March 27 https://www.wgrz.com/article/sports/nfl/bills/season-ticket-holder-shocked-at-400000-price-tag-to-keep-seats-at-the-new-bills-stadium-money-nfl-mafia/71-fc3661ab-73ac-4fb7-917e-eb0cd386e5bc?fbclid=IwAR3jwFi_bjXlXA6-UCrdB0mLSkc2b1q92C6dBzc85a2uT-TYj5MNuzHogKA_aem_Ac-h4ndNB2H8JGvfP81yXDyLZw7StOY6Z-wvccS-FXZGZmxhxPTjrihTIIuKT6PCOlY#lu957j46vme6dsky5t 1 Quote Link to comment Share on other sites More sharing options...
BarleyNY Posted March 27 Share Posted March 27 (edited) On 3/25/2024 at 7:52 PM, BigDingus said: What happens if you buy the PSL but don't buy season tickets? I never understood why you need to pay for the right to pay for something else. It's the dumbest scam in the sports world, and it's shame that so many fans proved to owners this works. Hopefully it fails miserably in Buffalo, and PSL prices will be significantly reduced. But if that happens, all the people who paid the $15k - $50k for their PSLs will be losing out huge in their investment. Wish the state money used to fund the stadium came with the stipulation that ownership could not charge for PSLs, otherwise they would have to reimburse the taxpayer funding. If a person owning a PSL does not buy the season tickets they forfeit their PSL license. The team is then able to sell the PSL again. In the interim the team can sell the individual game tickets through their regular channels. PSL holders do have the option to sell their PSL to someone else at whatever price they can get for it. However, what tends to happen is that a large number of PSLs become available when a team goes through a multiple season losing streak. The PSL for less desirable seats don’t sell for much - or at all - and the holders have to decide between continuing to buy season tickets for a bad team or simply giving up their PSL for nothing or next to nothing. Edited March 27 by BarleyNY Quote Link to comment Share on other sites More sharing options...
mrags Posted March 27 Share Posted March 27 57 minutes ago, Just Jack said: Their new ad campaign… ”Buy a house, be entered in a drawing for Bills tickets.” I know at least realtors that have 2-4 tickets and they give 2 away or take clients to every single game Quote Link to comment Share on other sites More sharing options...
strive_for_five_guy Posted March 27 Share Posted March 27 To make sure I’m clear, a PSL becomes a personal asset, correct? So if one decides to spend the money, it is sellable someday, if one also chooses? And the value could potentially increase? 1 Quote Link to comment Share on other sites More sharing options...
Just Jack Posted March 27 Share Posted March 27 23 minutes ago, BarleyNY said: PSL holders do have the option to sell their PSL to someone else at whatever price they can get for it. However, what tends to happen is that a large number of PSLs become available when a team goes through a multiple season losing streak. The PSL for less desirable seats don’t sell for much - or at all - and the holders have to decide between continuing to buy season tickets for a bad team or simply giving up their PSL for nothing or next to nothing. Here's some for the Jets, lower/100 level, for under $2K a seat... New York Jets PSL Marketplace | Buy & Sell Jets Seat Licenses (pslsource.com) 7 minutes ago, strive_for_five_guy said: To make sure I’m clear, a PSL becomes a personal asset, correct? So if one decides to spend the money, it is sellable someday, if one also chooses? And the value could potentially increase? Or it could decrease. 18 minutes ago, mrags said: I know at least realtors that have 2-4 tickets, and they give 2 away or take clients to every single game. I happen to know someone that knows someone that works for FedEx in the Philly area and has access to their Eagles season tickets. He has multiple seats in multiple areas in the stadium. He was telling me even though he gives the tickets to his clients, the clients don't always use them. The seats he uses are in one of their club areas, because from there he can see the other seats/tickets he's given out and make notes on which clients actually come out to a game. 2 Quote Link to comment Share on other sites More sharing options...
Einstein Posted March 27 Share Posted March 27 36 minutes ago, BarleyNY said: what tends to happen is that a large number of PSLs become available when a team goes through a multiple season losing streak. The PSL for less desirable seats don’t sell for much - or at all - and the holders have to decide between continuing to buy season tickets for a bad team or simply giving up their PSL for nothing or next to nothing. Exactly right. Imagine the resale value of a PSL during the drought. Would be lucky to get a basket of chicken wings for them. 1 Quote Link to comment Share on other sites More sharing options...
Captain Hindsight Posted March 27 Share Posted March 27 4 minutes ago, Einstein said: Exactly right. Imagine the resale value of a PSL during the drought. Would be lucky to get a basket of chicken wings for them. I remember buying tickets for 5 bucks in college in the lower bowl 1 Quote Link to comment Share on other sites More sharing options...
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