PSL Pricing/Seat Selection Discussion

[Mr Info]

15 minutes ago, Tenhigh said:

Can you sell the PSL to anyone other than the Bills?

You can transfer or sell to anyone but they will be vetted by Bills before sale is approved. For example, it will be denied if purchaser is on Bills banned list.

[Just Jack]

39 minutes ago, PBF81 said:

I used to have STs, but living out of town I got tired of eating them for games that no one wanted to go to when I didn't go, which was most games.  That's when it hit me that it would cost me less to significantly overpay for the game or two I really wanted to see and ditch the stress and time commitment to selling the others.  

 

This is where I am.  I'm at the upper end of what I feel comfortable paying for my club seats now, and not sure if I want to downgrade my seats to another area of the new stadium when that option comes available.  I also had several years where I couldn't find buyers for the games I was going to skip, even giving them away to friends and family was a problem, until these past few years.  I'm guessing with the new stadium, I could probably spend half of what I'm currently paying for my seasons, and get really good seats on the secondary market for the few games I'll go to.  

[Mango]

1 hour ago, strive_for_five_guy said:

Haha right.  The pricing of the PSLs ultimately highlights a free market economy.  If you want to buy a good product, you’re going to pay more.  You want a discount, then you’ll need to wait until the product isn’t as good.

Unsure if this is a joke or not.
 

The Buffalo Bills are not playing in a free market economy.
 

They took nearly a billion dollars in public subsidy. 

 

Christ.

[strive_for_five_guy]

24 minutes ago, Mango said:

Unsure if this is a joke or not.
 

The Buffalo Bills are not playing in a free market economy.
 

They took nearly a billion dollars in public subsidy. 

 

Christ.

Is someone forcing you to buy a PSL or not?  Yes, public monies are involved too.  But economic forces of supply and demand are also at work here.

 

Christ! 

[Mango]

9 minutes ago, strive_for_five_guy said:

Is someone forcing you to buy a PSL or not?  Yes, public monies are involved too.  But economic forces of supply and demand are also at work here.

 

Christ! 

 

A free market prohibits public subsidy because its influence no longer allows it to operate freely.
 

[TrentEdwardsCheckDownOn4th]

Check out the PSL for suites 

[Kirby Jackson]

3 minutes ago, TrentEdwardsCheckDownOn4th said:

Check out the PSL for suites 

That’s clubs not suites

[TrentEdwardsCheckDownOn4th]

2 minutes ago, Kirby Jackson said:

That’s clubs not suites

What's the difference?

[Kirby Jackson]

Just now, TrentEdwardsCheckDownOn4th said:

What's the difference?

A suite is a private area owned by a company or individual with a certain number of tickets. A club is an area with upgraded amenities but you just have tickets there. That’s the most basic way to explain it. That $30K number is (likely) the per ticket PSL for the right to buy that seat. 
 

The suite licensing is a whole different ballgame. That could be as high as 7 figures. 

[WotAGuy]

1 hour ago, Kirby Jackson said:

I really think that we are going to see drastically lower PSLs as future areas of the stadium are revealed. The ones that we are seeing now are “best amenities and best locations.” That was always going to be the highest end of the spectrum. If they sell well the future tiers will be drastically lower. If they don’t sell as well future tiers will be a lot lower but not as low as they would have been with a successful rollout of the most expensive locations.

I believe this is why the Bills are so secretive about PSLs in the rest of the stadium. It’s tougher to sell a $50k PSL when people know they are only $5k a level up or in the end zones. Maybe businesses won’t care, but some individuals might. 

[34-78-83]

6 minutes ago, WotAGuy said:

I believe this is why the Bills are so secretive about PSLs in the rest of the stadium. It’s tougher to sell a $50k PSL when people know they are only $5k a level up or in the end zones. Maybe businesses won’t care, but some individuals might. 

I think that too. And it makes me hopeful. But even 5k per seat where I am with 3 seats in the 300 level is going to be way too much for me to justify, and I am blessed have a pretty darn good job, etc. 1-2k per seat maximum is where my limit will be. We shall see!

[PBF81]

2 hours ago, Kirby Jackson said:

I really think that we are going to see drastically lower PSLs as future areas of the stadium are revealed. The ones that we are seeing now are “best amenities and best locations.” That was always going to be the highest end of the spectrum. If they sell well the future tiers will be drastically lower. If they don’t sell as well future tiers will be a lot lower but not as low as they would have been with a successful rollout of the most expensive locations.

 

Of course.  The PSLs aren't going to be $10k for upper deck corners.  LOL  

 

From the survey as I recall, they started around $1,000 or so, but again, for the UD corners, Upper EZs which will be much higher than the current EZs, etc.  

 

I don't recall that any seats on a per-seat basis after PSLs will be less than around $100/game however.  

 

For example and from their survey; 

 

Upper level between 15-yard line and end zone

Coverage: Minimal, roof canopy-adjacent

Heating: None

Annual price per seat: $990

One-time PSL: $2,100

 

After the PSL that's $124 per game for 8 games and $110 per game for 9 games.  

 

"Minimal coverage" for whatever that means, no heat.  

 

Those seats will sell, particularly to fans that don't care whether there's a roof/coverage/heat/etc.  

 

Based upon everyone's comments, here, in the BuffNews, facebook, etc., there's going to be a mass migration from where people are now to less-expensive seats further up on towards/in the EZs.  And keep in mind there will be far more EZ seats too.  

 

 

Edited March 27 by PBF81

[BarleyNY]

16 hours ago, AlCowlingsTaxiService said:

Apparently one of the more prominent funeral home owners decided against it, and I’m sure they’re not going  to be the only ones

 

Went with my wife to a suite of a vendor she does business with for the TB game last season. It was behind an EZ so not the most expensive one. They said they were unsure if they could keep it when the team moved to the new stadium. At the pricing they had seen they couldn’t make it work, but they thought it might come down to where they could.

[Kirby Jackson]

13 minutes ago, PBF81 said:

 

Of course.  The PSLs aren't going to be $10k for upper deck corners.  LOL  

 

From the survey as I recall, they started around $1,000 or so, but again, for the UD corners, Upper EZs which will be much higher than the current EZs, etc.  

 

I don't recall that any seats on a per-seat basis after PSLs will be less than around $100/game however.  

 

For example and from their survey; 

 

Upper level between 15-yard line and end zone

Coverage: Minimal, roof canopy-adjacent

Heating: None

Annual price per seat: $990

One-time PSL: $2,100

 

After the PSL that's $124 per game for 8 games and $110 per game for 9 games.  

 

"Minimal coverage" for whatever that means, no heat.  

 

Those seats will sell, particularly to fans that don't care whether there's a roof/coverage/heat/etc.  

 

Based upon everyone's comments, here, in the BuffNews, facebook, etc., there's going to be a mass migration from where people are now to less-expensive seats further up on towards/in the EZs.  And keep in mind there will be far more EZ seats too.  

 

 

I don’t think it’ll be a “mass migration” but we will see some attrition. The only mass migration will be he people that were in the lower level between the 30’s. Those were the most underpriced seats in all of pro sports. Those people will move away from midfield or up. The people that we are hearing from now are the most vocal. I’d be curious to know what percentage of the people that have gone so far have declined. We know that some have been vocal but how many have declined?

 

There are also people out there that aren’t current ticket holders because they couldn’t get a desirable enough location. We will see some of these people entering at the $50k PSL. It isn’t an enormous universe but when you look at the whole region (Toronto, Rochester, etc..) that will offset some of those people lowering their spend.

 

I should be coming up soon (got the call the other day). It sounds like my PSL will be higher than I originally anticipated (at least I think). I was anticipating like $12k a seat ($15k on the high end). I think that it’ll now be $20k a seat. That’s annoying but I’m not likely to bail over it. The way that I’m looking at it, is an extra $20k (after finance fees over 10 years). It’s $2k more a year than I hoped. That sucks but I blow money on stuff that I care WAY less about than the Bills all of the time. 

 

[BarleyNY]

9 minutes ago, Kirby Jackson said:

I don’t think it’ll be a “mass migration” but we will see some attrition. The only mass migration will be he people that were in the lower level between the 30’s. Those were the most underpriced seats in all of pro sports. Those people will move away from midfield or up. The people that we are hearing from now are the most vocal. I’d be curious to know what percentage of the people that have gone so far have declined. We know that some have been vocal but how many have declined?

 

There are also people out there that aren’t current ticket holders because they couldn’t get a desirable enough location. We will see some of these people entering at the $50k PSL. It isn’t an enormous universe but when you look at the whole region (Toronto, Rochester, etc..) that will offset some of those people lowering their spend.

 

I should be coming up soon (got the call the other day). It sounds like my PSL will be higher than I originally anticipated (at least I think). I was anticipating like $12k a seat ($15k on the high end). I think that it’ll now be $20k a seat. That’s annoying but I’m not likely to bail over it. The way that I’m looking at it, is an extra $20k (after finance fees over 10 years). It’s $2k more a year than I hoped. That sucks but I blow money on stuff that I care WAY less about than the Bills all of the time. 

 

 

There will be plenty of professional resellers that will be happy to buy up the premium seats too. Those are the ones that can generate real revenue and even see an increase in PSL value. 

Edited March 27 by BarleyNY

[Chas56]

On 3/25/2024 at 3:17 PM, Turk71 said:

Olive Garden doesn't build their restaurants with public funds.

Every business uses public funds: roads we pay for to get to them, the fire departments and police that protect them, the social programs that workers rely on because wages are too low, etc.

[RkFast]

On 3/25/2024 at 3:10 PM, eball said:

The sense of entitlement among Bills fans is astonishing.

 

 

Fans: "We need bigger buffaloes!...We need top of the line amenities!...We need a bigger buidling!....we need a roof!...we need beer and food stands every ten feet!....we need a thousand TVs in the building!."

 

Ownership: "OK, this is what that will cost to build and provide all that and what we will charge our customers to make it happen"

 

Fans: REEEEEEEEEEEEEEEEEEEEEEEEEEEEEEE!!!!!!!!!!!!!!!!!!!!!!

[PBF81]

1 hour ago, Kirby Jackson said:

I don’t think it’ll be a “mass migration” but we will see some attrition. The only mass migration will be he people that were in the lower level between the 30’s. Those were the most underpriced seats in all of pro sports. Those people will move away from midfield or up. The people that we are hearing from now are the most vocal. I’d be curious to know what percentage of the people that have gone so far have declined. We know that some have been vocal but how many have declined?

 

There are also people out there that aren’t current ticket holders because they couldn’t get a desirable enough location. We will see some of these people entering at the $50k PSL. It isn’t an enormous universe but when you look at the whole region (Toronto, Rochester, etc..) that will offset some of those people lowering their spend.

 

I should be coming up soon (got the call the other day). It sounds like my PSL will be higher than I originally anticipated (at least I think). I was anticipating like $12k a seat ($15k on the high end). I think that it’ll now be $20k a seat. That’s annoying but I’m not likely to bail over it. The way that I’m looking at it, is an extra $20k (after finance fees over 10 years). It’s $2k more a year than I hoped. That sucks but I blow money on stuff that I care WAY less about than the Bills all of the time. 

 

 

Wow!  Good for you to be able to afford that.  Even if I could I wouldn't.  LOL  
 

I hear ya on the "migration" stuff, but that's more or less what I had in mind when I made the statement.  To your question, a few people here have stated that they bailed on it so far and others have said simply that they're not going to renew given what they know.  

 

It will be interesting.  What is interesting now is that I just read in a piece out today (or yesterday) how fewer than 1% of STHs have been contacted, which would be fewer than 700 or so, but how some people that went through the "experience" and reported on it here stated that they've been told that the seats are selling quickly, which would seem to contradict the reports.  

 

If I had money coming out of my a$$ I might buy a pair of seats under a heater somewhere, but alas, I don't.  LOL  

 

 

[mrags]

2 hours ago, TrentEdwardsCheckDownOn4th said:

Check out the PSL for suites 

 

1 hour ago, Kirby Jackson said:

That’s clubs not suites

 

1 hour ago, BarleyNY said:

 

Went with my wife to a suite of a vendor she does business with for the TB game last season. It was behind an EZ so not the most expensive one. They said they were unsure if they could keep it when the team moved to the new stadium. At the pricing they had seen they couldn’t make it work, but they thought it might come down to where they could.

That’s not suites they are club seats. But from what I’ve gathered they are not only the most expensive that the stadium will offer. I was also under the impression that they came with suite like amenities. Food and drink paid for. Similar to suites. Or other areas of the stadium that no one else can access. Maybe I’m incorrect about the food or drink but I thought I read that somewhere. Either way, they are the most expensive seats the stadium will offer. 
 

Exactly what I expected @BarleyNY  the number of suites have been cut in half in the new stadium. So the 60 or so suites that have been removed, those people would be prime targets for these upgraded club seats in the new stadium. How many people were in that suite when you went? Imagine that many people times 60. That’s the target audience of what the Bills are currently looking at now for 40 to 40 sideline club seats with some extra amenities. I remember years ago I know someone that was looking into a suite and I think it was like $80k for the year. I’m sure they’re more now. So that’s the target audience. Someone might not pay over 100K a year for a suite in the new stadium but they’ll buy 8 tickets with a 20-30k PSL fee once and then 8k a year on each seat. It’s still less than a suite would be. 

[Kirby Jackson]

15 minutes ago, PBF81 said:

 

 

If I had money coming out of my a$$ I might buy a pair of seats under a heater somewhere, but alas, I don't.  LOL  

 

 

They aren’t crazy now (at least where I am). It’s like $5k-$6k for a pair. It’s spread over 10 months. In the new stadium, I’m expecting a jump (plus that crazy PSL).