Results 25 to 36 of 36
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02-10-2020, 01:37 PM #25
Re: The price to the fans for 14-2: a 6.45% ticket price increase
Could be wrong, but I think the "proportional increase" is probably tied to how similar seats are priced in the rest if the league. Bisciotti said if I recall that he wanted the Ravens to be in the top half or third of the league in terms of ticket prices to support spending to the cap. If our upper deck seats are in line with that and the lower deck wasn't, for example, you'd see more of an increase for the lowers.
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02-11-2020, 12:11 AM #26Pro Bowl Poster
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02-13-2020, 11:32 AM #27
Re: The price to the fans for 14-2: a 6.45% ticket price increase
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02-13-2020, 08:08 PM #28
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Re: The price to the fans for 14-2: a 6.45% ticket price increase
2% per year seems reasonable. And I understand they hold off in down-years and wait for up-years to catch up on the increases. My issue, going back to 1996, was the base price. 24 years ago, with a new house, a baby, and another on the way, and a $60K/year HH income there was absolutely no way I could justify a pair of PSLs and season tickets. With a wife who really didn't dig football, I couldn't even justify half that to treat myself for something I was going to do without her. As the years went by, I grew accustomed to only going to a couple games a year.
Question: For those who did jump in at the beginning, how has that PSL investment worked out? The "promise" was that a PSL would be an investment that would increase in value but 25 years later I don't sense there was any truth to that. I went on the marketplace and see hundreds of PSLs for sale for an average of $1,100 each. What is everyone's experience with PSL value?
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02-14-2020, 04:35 AM #30Pro Bowl Poster
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Re: The price to the fans for 14-2: a 6.45% ticket price increase
Ive had PSLs since 2000 and I would say that I got my monies worth out of them in the last 20 years. up until 2012ish PSLs could be sold for more than double what I paid, I paid $750 each, probably could have gotten $1700-1800 each, after the 2013 season they started to drop, and after the kneeling a lot of people sold theirs or just walked away. This combined with other factors made the market collapse. I've had several people who had sat around me for years completely walk away because they couldnt even get $200 per seat. There is not the same value to most people that there once was.
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02-14-2020, 08:48 AM #31
Re: The price to the fans for 14-2: a 6.45% ticket price increase
There was no such "promise". Just an urban legend.
I originally spent $1,000 apiece for 1/2 dozen uppers. I have no idea what they are worth today. I had four seats in row 1 (outstanding view from 35 YL) which technically belonged to a friend in a wheelchair. When Mrs T forced me to "upgrade" below, I just turned them back to him after getting my money's worth for 15 years ($5/game or so). I believe that he sold them for that same $1,000, but the guy who bought them had to eat that cost after he quit attending, post-anthem. The two remaining seats I lease out, with the ultimate intention of giving them to my kids or grandkids. If that doesn't happen, and if I don't get a nickel for them if I try selling them, I won't have any regrets. Figure $1000 divided by the 235 or so home games = about $4/game extra enjoyment factor.
I've got the opposite issue. For several years, I've been trying to talk my wife into giving up the Ravens season tickets in favor of selective single games, as we did with our O's season tickets after the riots. She flat out refuses - she loves the games & the stadium electricity too much.In a 2003 BBC poll that asked Brits to name the "Greatest American Ever", Mr. T came in fourth, behind ML King (3rd), Abe Lincoln (2nd) and Homer Simpson (1st).
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02-14-2020, 08:53 AM #32
Re: The price to the fans for 14-2: a 6.45% ticket price increase
OK, thanks ... I was talking about more health conscious foods. I had to give up all the great animal fat dishes, for health reasons many years ago. My wife is a vegetarian, by choice. Sometimes we get special orders, which the Ravens staff will get prepared for us in the downstairs kitchen. I just don't like playing that card too often, so we usually just bring food into the stadium to eat it cold.
In a 2003 BBC poll that asked Brits to name the "Greatest American Ever", Mr. T came in fourth, behind ML King (3rd), Abe Lincoln (2nd) and Homer Simpson (1st).
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02-14-2020, 10:19 AM #33
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02-14-2020, 11:05 AM #34
Re: The price to the fans for 14-2: a 6.45% ticket price increase
According to this article:
https://www.sportsbusinessdaily.com/...SL-PRICES.aspx
1996 PSLs went between $500-$3000.
1996 ticket prices were between $17-$75,with an average price of $40.
Using the inflation calculator you suggested, in today's dollars those prices would be:
PSLs between $822-$4932
Tickets between $28-$123, with an average price of $66.
So you can tell me whether or not prices are increasing once inflation is figured into the equation.
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02-14-2020, 01:17 PM #35
Re: The price to the fans for 14-2: a 6.45% ticket price increase
I sold my 2 original PSL's in section 513 for 12K in 2008. I think you can look that up on the marketplace. Not bad for a $1,000 investment.
Just sold my second upper deck PSL that I've had since I bought back in in 2012 (single seat) at a loss but overall I'm still way ahead of the game. No complaints.Baltimore Football Championships
Ravens 2000, 2012
Stallions 95 CFL
Stars 85 USFL
Colts 58, 59, 70
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02-14-2020, 01:46 PM #36
Re: The price to the fans for 14-2: a 6.45% ticket price increase
I've told this story before. My Dad bought four PSL's for $3500 each. When he moved to Florida he sold all four for a total of $80,000. No lie. That was around 2006 or so.
As for me, the PSL for my seat was $1,250. Bought it in 2000. (Up til then I was sitting in Dad's company seats that no one ever wanted.) So 19 years X 8 games = 152, plus 6 home playoff games is 158. That means currently, I've essentially paid a surcharge of about $8 per game for my PSL. At least that's how I look at it. That money was not an investment, and I never thought of it as one. If I get money out of it one day, great, but really it's just another cost of going to see a football game, just like paying the markup on beer or paying for parking."Chin up, chest out."
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