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Can you actually lose money on them or will the teams always buy them back at a minimum for the amount you paid for them? Example...say the Pats win SB43 and then start PSLs next year. I buy one for $10,000. Then the team starts sucking, 1-15 seasons, empty seats, etc. It'd probably be tough to sell a PSL at a profit in that scenario. Would the Patriots still buy it back for $10,000? I'm guessing these policies vary slightly from team to team. That's a s--tload of money to risk if there is a potential for a loss.
I think one thing that people don't factor into the PSLs is the loss of interest they would be earning on their PSL money each year. So a fan who pays say $5,000 for 4 PSLs would be losing $700 in interest each year if that money was sitting in an online savings account earning 3.5% apy. When you factor that into it, even at the reduced ticket prices, I think you might still be better off without PSLs.
I bought four PSLs in the Ravens' stadium a year after it opened and they've quadrupled in value. You ALWAYS will be able to get back at least what you paid if you need to dump them even when the team is doing poorly. And like I said, they help hold down the price of tickets. Look at it this way: A team is going to get its money one way or another. I'd prefer that my investment be in a salable commodity (re., PSL and the ability to sell my tickets for a profit if I want to) vs. a 30-percent ticket price hike every three years with no re-sell option. The Krafts aren't stupid. They give lip service to how they deferred to fans' wishes by not having PSLs when Gillette opened, but we now have the highest ticket and parking prices in the league. Believe me, Pats season ticket holders would be much better off with PSLs. (And for the record, that $10k PSL price you're citing is for a premium seat in the new Meadowlands. Most PSLs leaguewide for a good sideline seat are in the $5k range.)
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