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CLICK HERE to Register for a free account and login for a smoother ad-free experience. It's easy, and only takes a few moments.mikey said:
Tunescribe said:In 12 years the Patriots have skyrocketed in value from the $172 million Kraft paid to more than $1 billion. Why are we paying the highest ticket prices in the NFL?
Tunescribe said:In 12 years the Patriots have skyrocketed in value from the $172 million Kraft paid to more than $1 billion. Why are we paying the highest ticket prices in the NFL?
PatsWickedPissah said:1. Cash flow. A debtor needs heavy cash flow to service a couple hundred million in private loans to build the stadium.
2. It's called supply and demand. People are lined up deep on waiting lists to buy the 'overpriced' tix. Go figure.
3. Because he CAN.
Born_a_Patriot said:You get what you pay for. Before Kraft You also got what you pay for. I think we are better off now.
fgssand said:Of course nobody cares to mention Patriot Season Ticket holders did not face any PSL's which most other new stadiums cities have. Some pay as much as $5,000 for the privilege of renewing your tickets when the new stadiums are done.
Furthermore, there was no taxpayer money used either, other than a very small amount recieved from the state for infrastructure only. Most owners force taxpayers to help finance their new stadiums under the threat of leaving town if the government does not step in.
Born_a_Patriot said:You get what you pay for. Before Kraft You also got what you pay for. I think we are better off now.
PatsWickedPissah said:Excellent points. Were PSLs involved, I would have needed to write a check to my season tix buddy in the thousands for my minority share. Even with the $125 per seat prices, the DIFFERENCE between that high price and a lower seat price would take a LONG TIME to recover even neglecting present value calculations.
Tunescribe said:I've been a season ticket holder for 13 years and would PREFER PSLs. They're better than money in the bank, in that they appreciate in value over time. You can sell them at a profit if you want, and aside from that you can do anything you want with your tickets, including selling them at a profit as well. I would like knowing that the tickets/seats are mine in perpetuity according to a legal, signed contract.
Tunescribe said:In 12 years the Patriots have skyrocketed in value from the $172 million Kraft paid to more than $1 billion. Why are we paying the highest ticket prices in the NFL?
mikey said:Robert Kraft is a "self-made" billionaire??
I thought he got the money from his ol' lady.
.
what that means to me is that kraft is carrying a lot of debt.fgssand said:Of course nobody cares to mention Patriot Season Ticket holders did not face any PSL's which most other new stadiums cities have. Some pay as much as $5,000 for the privilege of renewing your tickets when the new stadiums are done.
Furthermore, there was no taxpayer money used either, other than a very small amount recieved from the state for infrastructure only. Most owners force taxpayers to help finance their new stadiums under the threat of leaving town if the government does not step in.