Quote:
Originally Posted by E4orBust
Stubhub buyers don't care what face value is. it could be $1 or $1000. the tickets will trade at the same levels regardless. it's simple supply and demand. your seats sell for much more than my seats, but the face is similar.
you say "more seats in the Jets hands means more seats at face value". as we've seen in the upper deck, that's not the case. it means "more seats the Jets will have to reduce the price on, if they want to sell them"... whatever forces are at play that result in PSL owners defaulting, to whatever degree, will also be at play when the Jets try to find other buyers for those seats. be it team performance, starting quarterback, primetime games, pre-season-requirement, locusts, or plague. doesn't matter.
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The resale market from PSL owners and Season Ticket holders is variable.
The box office market from the Jets themselves is fixed.
The "supply and demand" argument works on the StubHub side only, the Jets fix their prices and do not discount outside of a perk like free parking to entice a PSL commitment.
As stated earlier, there are really only 4,300 seats in the whole building that meet the criteria of affordable + good view. The rest of the seats, especially the upper deck, are crap. So for every fan that gives up a PSL that's fewer seats on the market that meet the criteria.
Just look at yourself, for example. You said earlier that you're lucky to get 50% of face value for your seats. Well, that means that some StubHub fan out there got a great deal. If you give your seats back to the Jets, your seats either sell for face value or they don't sell at all. That's what I'm talking about. The StubHub ecosystem is not sustainable, especially if the team gets good again.
SAR I