Fireman Ed said he paid for his PSLs, part of reason he is in cheap section. But he got four row one seats in endzone in 2.5K PSL sections. Those PSLs are worth 3x to 5x what he paid. Row one 2.5k LLEZ seats were so widely underpriced I would have bought all of them in a second!!
Fireman Ed does get paid over 100K a year for a few commercials and speaking engagements. Not bad for showing up eight times a year to a four hour game. Also the bigger issue I have with him is he is on 100% tax free disability pension and free medical for life from being a retired fireman. As a NYS state resident I get more of a tax hit from fireman ed than as a season ticket holder. Does not look disabled to me.
Back to tickets. Bottom line here are how defaults will stack up short term.
Paid off PSLs, no defaults, sure you might sell them cheap or give them them to someone else, but that does not effect Jets.
PSLs on five year plan who made 2012 11-1-12 PSL payment, no worries here too much skin in game
PSLs on 15 year plan that made 11-1-12 payment, no worries for now. I am sure Jets will do big push PSL holders get to some superbowl type events to get them to pay 11-1-13 PSL payment or something.
PSLs that did not make 11-1-12 payment. Jets have til season ticket money is due to convince folks to stay, Lower interest rate, free parking, call it Sandy relief, defer one year PSL payment whatever. Jets might be able to still retain 10-40% of this crowd.
PSLs that did not make 11-1- 12 payment and did not pay for 13 season tickets. That is hard core default population Jets need to deal with in spring.