PSL Pricing/Seat Selection Discussion

[DieHardFan]

1 minute ago, papazoid said:

 

for 2023 there were just under 64,000 season tickets. the capacity is just over 70,000. they deliberately hold back some for individual sale.

 

i dont think the new stadium will be 100% season ticket (i could be wrong)

Plus they need to reserve some for visiting teams.

[Einstein]

29 minutes ago, Kirby Jackson said:

Lol, this is just wrong. The stadium will be ONLY season tickets as it currently is. Now if you’re saying people will purchase tickets on the SECONDARY market at a higher percentage than they do now, that’s possible. The Bills entire stadium though will be sold with season tickets. 

That's exactly what he is saying. It is what happened in NY.

PSL owners got "stuck" with their PSL's and can't off-load them because they're practically worthless. So they sell the individual tickets online. 

Eventually many PSL owners default on their payments, creating more PSL's on the market (this time sold by the team). But no one wants team bought tickets because they're selling on the resale market for penny's on the dollar.

And then there is the 5k or so holdover individual tickets that the team doesnt sell as seasons.

[LabattBlue]

1 hour ago, Kirby Jackson said:

Lol, this is just wrong. The stadium will be ONLY season tickets as it currently is. Now if you’re saying people will purchase tickets on the SECONDARY market at a higher percentage than they do now, that’s possible. The Bills entire stadium though will be sold with season tickets. 

I don’t remember the exact number, but I am pretty sure that it was reported that something like 5-10k seats would be kept aside for individual game sales. 

[Kirby Jackson]

1 hour ago, papazoid said:

 

for 2023 there were just under 64,000 season tickets. the capacity is just over 70,000. they deliberately hold back some for individual sale.

 

i dont think the new stadium will be 100% season ticket (i could be wrong)

 

https://www.buffalobills.com/news/updates-on-bills-2024-season-ticket-member-renewals-and-opening-of-bills-stadium-experience

Certain seats are for internal seats, to leverage sponsorships, etc. Every stadium has that. The Bills have sold as many as season tickets as they’ve elected to make available. That’s the point that I’m making I guess (semantics). That’s what would be considered “only season tickets.” 

 

I don’t remember if they still sell individual games to season ticket holders or the general public? They used to but I don’t remember seeing an email last year. 

1 hour ago, Einstein said:

That's exactly what he is saying. It is what happened in NY.

PSL owners got "stuck" with their PSL's and can't off-load them because they're practically worthless. So they sell the individual tickets online. 

Eventually many PSL owners default on their payments, creating more PSL's on the market (this time sold by the team). But no one wants team bought tickets because they're selling on the resale market for penny's on the dollar.

And then there is the 5k or so holdover individual tickets that the team doesnt sell as seasons.

After all that, we don’t disagree here 🍻

[DaVinci]

As a current Club seat owner this whole process has been pretty slimy. From what I read usually the entire pricing structure is revealed. Customers are now treated like Laboratory animals in a cost experiment. I think I would consider the 50k PSL and 10k ticket cost for 2 seats if Jesus was playing at half time.

Was this really necessary, Pricing out  50 year customers? 

 

 

[Einstein]

13 minutes ago, DaVinci said:

As a current Club seat owner this whole process has been pretty slimy. From what I read usually the entire pricing structure is revealed. Customers are now treated like Laboratory animals in a cost experiment. I think I would consider the 50k PSL and 10k ticket cost for 2 seats if Jesus was playing at half time.

Was this really necessary, Pricing out  50 year customers? 

 

Get ready for:

 

”other teams do it too, therefore it is okay”

 

”ya want the team? deal with the prices”

 

”shut up and pay”

 

For what it’s worth, I agree with you. This whole timeshare style sales process is ridiculous.

[DaVinci]

Thank for you're reply Einstein,

 

After reading the entire thread I was expecting the response you suggested. I do not wish to argue the Economics of the situation.

I will just hang up and listen

[Augie]

9 minutes ago, Einstein said:

 

Get ready for:

 

”other teams do it too, therefore it is okay”

 

”ya want the team? deal with the prices”

 

”shut up and pay”

 

For what it’s worth, I agree with you. This whole timeshare style sales process is ridiculous.

 

I don’t love it, but you have the right to say no and move along. That sounds better than wallowing in despair over the topic. 

 

We knew it would be “more”, so make a decision and move on is how I would look at it. 

 

[BillsfaninCT]

I'll take fill in the hole and keep Rich Stadium for $2000 Alex.  Not driving from CT to Buff to support that bull####, 12th wealthiest owner and top 200 wealthiest american taking his fan base for gouging AFTER jobbing my friends and family (tax payers) for shame.  what made rich stadium great was the people and the nfl is hell bent on replacing those people with business owners who write-off box seats as expenses..... 60,000 of those in western new york?  selling ocean front in kansas if interested.

 

as i sit here in my bills sweatshirt.

the 5th fall of buffalo, the one that finally moves them to toronto.

Edited April 6 by BillsfaninCT

[Rochesterfan]

13 hours ago, Einstein said:

 

Get ready for:

 

”other teams do it too, therefore it is okay”

 

”ya want the team? deal with the prices”

 

”shut up and pay”

 

For what it’s worth, I agree with you. This whole timeshare style sales process is ridiculous.

 

I really can not figure out what your deal is.

 

You argue this is bad, but admit the stadium and PSLs will sell out.

 

You argue that it is a bad investment, and then admit no one is talking about using it as an investment - including the team.

 

You argue about Stockholm Syndrome and admit it has been used across the league and successfully for the team.

 

You complain about the 75% announced rate of renewal and say that is a sign of failure - when the reality is with a stadium that is only 80% in size and a large waiting list and no pricing outside of clubs - it seems they are most likely right where they want to be.

 

You complain about the “timeshare” aspect and how horrible the approach is - when you admit to not having seasons and not having been to the presentation and the couple of people with experience have said it was no/low pressure and they got lots of information and could take info to their lawyers and will have an opportunity if they pass up club seats to move elsewhere.

 

You complain about the resale value of the PSLs (that you do not and won’t own), but that in reading articles - lots of people have found sales in certain sections (end zones, inside the 20’s, upper decks’s) that were lower PSL areas to not lose their value and that is the areas that PSL vendors go after because they can make profits on tickets with individual game tickets and then profit when something positive happens - like the trade for Rodgers in NY last year. 
 

You quote numbers of 25-40% resale after several years - fine, but how different is that from a 5 year old car that you spent $50,000 on and put 120000 miles on.  
 

Basically what I see is that you are just in this thread to argue.  You spit out a bunch of garbage and then admit the Bills are doing exactly what others have done and that the stadium will sell out and you are not a part of the buyers.  Ok - we get it - you want to argue against reality and you like everyone else don’t like PSLs - the rest is you just pissing into a windstorm and wondering why you are getting wet.  
 

 

[WotAGuy]

@Rochesterfan you are so much nicer than I am. 

[PromoTheRobot]

18 hours ago, papazoid said:

 

for 2023 there were just under 64,000 season tickets. the capacity is just over 70,000. they deliberately hold back some for individual sale.

 

i dont think the new stadium will be 100% season ticket (i could be wrong)

 

https://www.buffalobills.com/news/updates-on-bills-2024-season-ticket-member-renewals-and-opening-of-bills-stadium-experience

 

My understanding is every seat will be a season ticket. But the new stadium will have expanded stranding room for individual sale.

[Kirby Jackson]

15 hours ago, DaVinci said:

As a current Club seat owner this whole process has been pretty slimy. From what I read usually the entire pricing structure is revealed. Customers are now treated like Laboratory animals in a cost experiment. I think I would consider the 50k PSL and 10k ticket cost for 2 seats if Jesus was playing at half time.

Was this really necessary, Pricing out  50 year customers? 

 

 

The short answer, is “yes” it was absolutely necessary. The economics of the NFL are vastly different than 50 years ago. They are vastly different than 10 years ago. That’s been the entire point here. The Bills haven’t been contributing to the pie at a rate similar to other teams. Pricing the stadium in line with the current state of the NFL allows them to “carry their weight.” That was the entire reason for the new stadium.

 

In terms of PSLs, that’s just the way that business is done in the NFL now. These public/private partnerships are the standard. Would it have been nice for Uncle Terry to pay the entire portion of the private money? Sure. Was that ever realistic? Nope. We have been spoiled for a generation (or generations). We are still going to be on the lower half of pricing in the NFL because of the market. This is just a step in narrowing the gap between the Bills and other NFL teams.

Edited April 6 by Kirby Jackson

[papazoid]

35 minutes ago, PromoTheRobot said:

 

My understanding is every seat will be a season ticket. But the new stadium will have expanded stranding room for individual sale.

 

i keep seeing 62-63,000 seats with an additional 5,000 SRO (standing room only area)

 

i can't get confirmation on if all 63k seats will be STH ?.....it's on my list of questions when i go thru the "experience"...i'll get back to you late next year..lol

[PromoTheRobot]

18 minutes ago, papazoid said:

 

i keep seeing 62-63,000 seats with an additional 5,000 SRO (standing room only area)

 

i can't get confirmation on if all 63k seats will be STH ?.....it's on my list of questions when i go thru the "experience"...i'll get back to you late next year..lol

 

I thought seating was closer to just 60K.

[Rochesterfan]

26 minutes ago, papazoid said:

 

i keep seeing 62-63,000 seats with an additional 5,000 SRO (standing room only area)

 

i can't get confirmation on if all 63k seats will be STH ?.....it's on my list of questions when i go thru the "experience"...i'll get back to you late next year..lol

 

it will not be 63,000 STH.

 

The percentage will be most likely be similar with no more than 56-57,000 STH - most likely capped at or below 54,000 or so.
 

They will need a % for the other team and the NFL, they need an internal group of seats for groups/ charities as they provide that as part of the overall county agreement, they tend to have some seats for the halftime group - be it kids flag football teams or a band or color guards/troops.

 

They will also want a contingency of tickets in the club areas to offer out to stadium sponsors to provide out each game - especially with fewer actual boxes for these groups.

 

There will most likely be about 10,000 fewer STH in the new stadium - which is why the renewal rate of 75% is so important because if the renewal rate pushes up closer to 85-90% they have more renewals than seats for them once everyone gets a chance to pick seats.

 

 

Edited April 6 by Rochesterfan

[papazoid]

2 minutes ago, Rochesterfan said:

 

it will not be 63,000 STH.

 

The percentage will be most likely be similar with no more than 56-57,000 STH - most likely capped at or below 54,000 or so.
 

They will need a % for the other team and the NFL, they need an internal group of seats for groups/ charities as they provide that as part of the overall county agreement, they tend to have some seats for the halftime group - be it kids flag football teams or a band or color guards/troops.

 

They will also want a contingency of tickets in the club areas to offer out to stadium sponsors to provide out each game - especially with fewer actual boxes for these groups.

 

There will most likely be about 10,000 fewer STH in the new stadium - which is why the renewal rate of 75% is so important because if the renewal rate pushes up closer to 85-90% they have more renewals than seats for them once everyone gets a chance to pick seats.

 

 

 

i suspect the renewal rate for club seat STH will be higher than 75% once they get their second chance meeting to secure tix in a less expensive area.

 

the renewal rate for the lower bowl is where things will get interesting. if PSL prices stay high, i see alot of STH giving up their seats. if the bills adjust on the fly and lower the PSL price to something more reasonable, then they will have better success.

[Rochesterfan]

Just now, papazoid said:

 

i suspect the renewal rate for club seat STH will be higher than 75% once they get their second chance meeting to secure tix in a less expensive area.

 

the renewal rate for the lower bowl is where things will get interesting. if PSL prices stay high, i see alot of STH giving up their seats. if the bills adjust on the fly and lower the PSL price to something more reasonable, then they will have better success.

Agreed, but you may also see a nice percentage of former club seat holders saying the clubs were to expensive, but the lower bowl is more in line with my thoughts and price range and the new amenities make those seats worth it - so they move down a group and that continues as we expand the stadium.

[papazoid]

The future 63,000-plus seat stadium will feature a canopy that will cover 65% of the seats and protect against wind and precipitation.

(in the bills PSL agreement, it makes clear that seating capacity is subject to change)

 

What are the chances the Bills will leave in the near future?

 

When the deal was announced as officially completed in early April 2023, the documents included a non-relocation agreement that has language permitting the team from even considering a move. Specifically it says that the Bills shall not "entertain any offer or proposal to relocate the Team to a location other than the Stadium." If the Pegulas were to sell the team, the non-relocation agreement would apply to any new ownership.

It also states in the document that if the team did try to leave Buffalo before the lease is up, the county or state could sue. While it is not impossible for the Bills to move based on the agreement, it is difficult and Poloncarz said that it should be the biggest takeaway from pages and pages of documentation.

"The Buffalo Bills will be staying here, not only for the next few years during construction, but 30 years thereafter, so this lease secures them in our community until 2055," Poloncarz said.

 

https://www.espn.com/nfl/story/_/id/37773941/buffalo-bills-new-stadium-need-know

 

 

Edited April 6 by papazoid

[mrags]

3 minutes ago, papazoid said:

The future 63,000-plus seat stadium will feature a canopy that will cover 65% of the seats and protect against wind and precipitation.

 

What are the chances the Bills will leave in the near future?

 

When the deal was announced as officially completed in early April 2023, the documents included a non-relocation agreement that has language permitting the team from even considering a move. Specifically it says that the Bills shall not "entertain any offer or proposal to relocate the Team to a location other than the Stadium." If the Pegulas were to sell the team, the non-relocation agreement would apply to any new ownership.

It also states in the document that if the team did try to leave Buffalo before the lease is up, the county or state could sue. While it is not impossible for the Bills to move based on the agreement, it is difficult and Poloncarz said that it should be the biggest takeaway from pages and pages of documentation.

"The Buffalo Bills will be staying here, not only for the next few years during construction, but 30 years thereafter, so this lease secures them in our community until 2055," Poloncarz said.

 

https://www.espn.com/nfl/story/_/id/37773941/buffalo-bills-new-stadium-need-know

My issue, and it’s besides the point. Is that people can’t assume that the back 65% of people will be under cover. 
 

It appears that 100% of the 200s, 300s, and possibly 400s will be completely covered. And we’re seeing that a lot of those seats aren’t for the average fan. 
 

I don’t believe that 100% of the 500s will be covered. Probably 60-80% of them. I also don’t believe ANY of the 100s will be covered unless your in the last few rows under the 200 overhang. 
 

again, I didn’t want to hijack your post. I just see the % of seats that will be covered and always get annoyed with it.