Einstein

This guy is the President of a hedge fund, of course.

Club season tickets are ~$3,000 per ticket. That is 2% of a $150k annual family income. 100-level season tickets are ~1,100 per ticket. That is 2.2% of a $50k annual family income. 300-level season tickets are ~$800 per ticket. That is 1.4% of a $50k annual family income. This is not an accident. It's by design. The Bills price each level to appeal to the demographic. The % of income is near-identical but there are FAR more 300 level and 100-level seats than club seats. So yeah, I would be shocked if the average current season ticket holder was not around the median income level of the Buffalo region. Not sure if you looked around the fans at a Bills game, but it's not 70,000 neurosurgeons, corporate executives and scientists. PS, there is also a reason why season ticket renewal date is March 15th (hint).

Not even close.

Considering the per capita income of Buffalo is $29k and the median combined family income in Buffalo is $46k per year... It would downright shock me if the median family income of CURRENT season ticket holders was much over $50k.

Because it takes a long time to put 60,000 people through a timeshare presentation. That's the honest truth of the matter. I think you may be right. The Bills releasing numbers of sold club seats to the Buffalo News (their media partner) was a huge red flag to me. It reeked of marketing desperation. Aka, "we need to get the news out that clubs are selling fast so we create a sense urgency when season ticket holders visit the presentation." I also saw some red flags with how they phrased the 75% renewal rate. Losing 1 in 4 customers is already bad, but I wouldn't doubt if the real number was closer to 1 in 3 and they are bumping it to 1 in 4 by offsetting corporate purchases. This doesnt mean they wont sell out - they will - but it will be a slow burn. This is because they genuinely don't know. The Bills have not decided what the rest of the stadium will cost yet, because they were using club seats PSL's as a benchmark to price the rest of the stadium.

Because ECSC doesn’t set the prices. Or decide how to sell them. Thats all the Bills. The Bills are trying to maximize PSL value so the fans pay for as much of the stadium as possible. Billionaires don’t pay. Average Jane’s and Joe’s working for $22 per hour pay. And that’s okay, because other teams do it (or at least that’s the argument from other fans defending it).

The contract mentions it multiple times. I’ve posted one such section below. The Bills (Stadco) must deposit all monies from PSL sales into the project fund and has no ownership interest in PSL proceeds. No, they technically have to. They have no choice.

I honestly don’t care (it doesn’t bother me), but i’m curious why they would pick Kleinhans to model from. Its a staple, but definitely not in the top 5 of things I think of when “Buffalo New York” pops in my head. Personally, since the day the rendering was released, all I can see is a stadium that resembles an upscale mall entrance.

They can’t. PSL’s must be used for the construction project and nothing else. Its just double taxation for WNY’ers.

Many have been saying this for quite some time now. He knew what he was doing with the cryptic messages and things he would say. Some even feel he took a shot at Allen today with this tweet:

Oh I missed that. That is not a bad offer.

Yes, IF you ignore these 3 factors: 1) If you count pre-season. I wouldn't. 2) And if you pay cash (most will finance is my guess). 3) And if you don't take into account opportunity cost, which would be approximately $181,260 over 30 years. Some of this will be offset by hedging against inflation.

That sounds beautiful. Cherry springs state park in PA is a fantastic spot for star-gazing. Perhaps the best spot in the United States. And could be a good option for the Eclipse as well. Phot of Cherry Springs:

You're buying air. I say that non-nefariously. There is simply no intrinsic value. It is a liability with guaranteed cost of more liabilities in the future. No. You bought air. That is all. Of course. That's the plan. When someone invests $50,000 in PSLs, the organization is aware that PSL owners will not forfeit their sunk cost by failing to purchase season tickets, as not doing so would mean losing the initial expenditure. Therefore, the organization knows they can raise ticket prices because the PSL holders are financially committed and that enables the organization to significantly increase ticket pricing because you're "stuck". You either pay the increasing prices every year or you default and lose your money. Of course not. Remember, you bought air. That is all. To be fair to PSE, this isn't really the Bills fault. Any event that you would actually want to go to (think big music acts), the organizer has a contract that they control all tickets. So it's out of the Bills hands. You might be able to get a monster truck rally or something like that though. For any events where they do throw PSL owners are a bone (meaning they offer to sell you tickets at full retail price just like the general public), they dont guarantee that you will have YOUR seats you paid for with the PSL. 30 years. Which means if the team goes through another 20 year drought, you are obligated to continue paying the ever increasing season ticket prices. No matter what. Even if the team is on year 7 of Dick Jauron and we just went 7-10 for the 5th straight season, and they refuses to fire him, and they raise season ticket prices 20% ... you're on the hook to buy them. Yes. As long as you understand going into the process that you are purchasing air, then all is fine.

Just teasing, but that is funny that they (i'm sure 'casually') told you that. If it isn't heated or covered, why can't you see the field? What is the obstruction? And what is the benefit? Ahh. So the seats are just normal outdoor seats (such as rows 1-10 right now at Rich) on the sideline? They are only "club" because you can go inside to get food ... but no heat, or covering.

how dare you

That was indeed frustrating to watch. It feels as if every move they make is a success.

Something something dome.

It has been clear for a while now that Allen and Diggs relationship wasn't the close bond it was in 2020 and 2021. Those who didnt believe it were simply burying their head in the sand.

If youre looking for suggestions, East Club has my vote. The heat and coverage is irreplaceable.

Yes, close to 20,000. As I said. Maybe you’re confused due the 9,000 that wasn’t sold. They essentially had to lower everyone’s prices who purchased in those sections in order to get the last 10k sold. Considering that teams hold back several thousand tickets for individual sales (they don’t sell seasons for all seats), and that the Jets didn’t sell PSL’s (at all) in a lot of the upper decks, those 18,000 seats were likely close to 30% of all season tickets. Summary; The Jets had to reduce PSL pricing on 18,000 PSLS. Atlanta did too. Oakland did too.

I can imagine! It's exactly what the Jets did. And the Falcons. And the Raiders. Although the Raiders (to their credit), ended up reimbursing the fans who paid more at first.

Do you mean like the multi-billionaire in NY (Jets - Woody Johnson) and his team who had to cut their PSL prices in half for nearly 20,000 seats to sell them? Or the billionaire owner in Atlanta that also had to cut their PSL prices? And Oakland? "Shoot for the stars and you will land on the moon". If you think billionaire teams dont mess up... google "New Coke".

I don't see the correlation you're drawing. If I am confident in my analysis, and therefore persistent in my belief, that = emotional ... to you?

Better yet, grab a PSL when the Bills cut the price in half - or when someone sells it on the resale market for penny's on the dollar.