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PSL Pricing/Seat Selection Discussion


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3 hours ago, eball said:

 

You mean the long time STH who benefited from the greatest deal in the history of professional sports for decades?  Those STH?

 

Cry me a river, buddy.

 

 


People don’t understand that the Baltimore Ravens had PSL‘s back in the late 90s. Buffalo STHs have been the cat who caught the canary for the last 25+ years. 
 

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37 minutes ago, LabattBlue said:

…and the superfan has spoken!  😂

 

21 minutes ago, eball said:

 

You know what?  I am a super fan.  I’m glad you recognize it! 👍🏻

The guy has almost 34,000 posts on a team message board. Are we now questioning the dedication of @eball because he is okay with the pricing getting more in line with the rest of the league? 😂😂 That makes him less of a fan?? 

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3 minutes ago, Kirby Jackson said:

 

The guy has almost 34,000 posts on a team message board. Are we now questioning the dedication of @eball because he is okay with the pricing getting more in line with the rest of the league? 😂😂 That makes him less of a fan?? 

…okay that he is complaining about fans who may be priced out of the new stadium?

 

…and post quantity means quality? 😂

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Just now, LabattBlue said:

…okay that he is complaining about fans who may be priced out of the new stadium?

He’s not complaining about anyone. He’s saying, “that’s the nature of the league.” Bills fans have had the best value in the league for generations. Now, they are going to be more in line with everyone else. We all should enjoy what we pay now because in 2 short seasons it’ll be double. That’s the market rate for NFL tickets. Bills fans pay those prices already when they’re on the road taking over opponents stadiums. Whining that we are now going to pay market rate is what he objected to. 

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2 minutes ago, LabattBlue said:

…okay that he is complaining about fans who may be priced out of the new stadium?

 

As unfortunate as that is, we all knew it was coming.  It just stings when we start seeing it actually happen. 

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6 minutes ago, Kirby Jackson said:

He’s not complaining about anyone. He’s saying, “that’s the nature of the league.” Bills fans have had the best value in the league for generations. Now, they are going to be more in line with everyone else. We all should enjoy what we pay now because in 2 short seasons it’ll be double. That’s the market rate for NFL tickets. Bills fans pay those prices already when they’re on the road taking over opponents stadiums. Whining that we are now going to pay market rate is what he objected to. 

No beef with you Kirby.  I will move on. 

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5 minutes ago, SDS said:

Is there any evidence that the PSL‘s are selling poorly?

 

not to my way of thinking

 

but the sample size is small.....it was reported that 75% of the account holders who went thru the "experience" signed up for the new stadium PSL & tix. but that was all the more affluent club seat holders. also, that doesn't factor in how many of the 25% who didn't, will purchase in a lower price area on their 2nd chance.

 

the real test comes when they move to the lower bowl with the so called average joes

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2 minutes ago, papazoid said:

 

not to my way of thinking

 

but the sample size is small.....it was reported that 75% of the account holders who went thru the "experience" signed up for the new stadium PSL & tix. but that was all the more affluent club seat holders. also, that doesn't factor in how many of the 25% who didn't, will purchase in a lower price area on their 2nd chance.

 

the real test comes when they move to the lower bowl with the so called average joes

The biggest issue is we don’t know what the PSL costs are of the lower bowls with the “average joes”. For all we know it’s a 2-4k PSL and people have been getting all worked up over 15k PSLs for nothing. 

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2 hours ago, LabattBlue said:

…and post quantity means quality? 😂

 

Certainly not in your case. 😉

 

 

2 hours ago, Kirby Jackson said:

He’s not complaining about anyone. He’s saying, “that’s the nature of the league.” Bills fans have had the best value in the league for generations. Now, they are going to be more in line with everyone else. We all should enjoy what we pay now because in 2 short seasons it’ll be double. That’s the market rate for NFL tickets. Bills fans pay those prices already when they’re on the road taking over opponents stadiums. Whining that we are now going to pay market rate is what he objected to. 

 

It really is a shame that you have to explain something that is so plainly obvious…but thanks.

 

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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.

 

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25 minutes ago, mrags said:

The biggest issue is we don’t know what the PSL costs are of the lower bowls with the “average joes”. For all we know it’s a 2-4k PSL and people have been getting all worked up over 15k PSLs for nothing. 


 

And then you have people all worked up over something they don’t know and a certain poster that then makes up things like the PSLs are not selling and spreads the manure across multiple threads with no proof.

 

He is the equivalent of the fake Mahomes interception thread.  If you make up something and post it - it must be true.

 

🤦‍♂️

3 minutes ago, Einstein said:


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.

 


 

So no evidence - yet you have stated it as fact in multiple threads.  
 

 

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1 minute ago, Rochesterfan said:


 

And then you have people all worked up over something they don’t know and a certain poster that then makes up things like the PSLs are not selling and spreads the manure across multiple threads with no proof.

 

He is the equivalent of the fake Mahomes interception thread.  If you make up something and post it - it must be true.

 

🤦‍♂️

The joy of the internet and this generation of people believing something just because it was written. Yeah, written by a 2 bit hack that has no knowledge of the situation anyway. 
 

tomes were so much simpler when we didn’t have instant access to every single bit of “information” 

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5 minutes ago, Rochesterfan said:

So no evidence - yet you have stated it as fact in multiple threads.  


I think some people desperately want this to fail because they think they'll be able to get tickets in the new stadium cheap like the old/current days. 

That's misguided as any tickets that aren't grabbed by STH are going to be sold as single game tickets at way higher prices than we currently pay for STH.  Not a theory, all you need to do is look and see what the Bills charge for single game tickets now, it's far higher than the STH price.  

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6 minutes ago, Einstein said:


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.

 

 

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

 

 

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