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Vick to Chicago!!

Mainter

By Mainter,
in Carolina Panthers

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flair6844 Newbie

flair6844

Posted
Posted

Figure the life span of many stadiums run about 30 years. We're nowhere close to that, and the team is investing in it each year. They redid the club level a year or two ago, and the sound system and jumbotron should be next.

At Ford Field in Detroit, they have one huge lower level. At Bank of America there is a walkway around the stadium between the 100 and 200 levels. Detroit took that out and made one huge lower level that's over 40 rows long. Allows for more lower level seating and more walking for the fans down low. It ultimately makes the second level of seating lower to the stadium too, putting those fans closer to the action.

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Kognan Newbie

Kognan

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You are REQUIRED to buy all tickets: preseason, regular season, and postseason (if applicable) or you will lose your PSL rights:

"Licensee has the right and obligation to purchase the related season tickets from the Franchise for all home Games (pre-season, regular season and postseason, if applicable) for the Team for as long the Team plays in the Stadium. PSLs do not apply to Super Bowls or any other events which may be held at the Stadium, such as the Shrine Bowl, college games, concerts or all star games. All payments for tickets are due upon receipt of invoice from the Franchise."

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Kognan Newbie

Kognan

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I know it still years away but the PSL's are only good for this stadium and not the next one.

I have thought about this too. I wonder if they will give some sort of incentive (better pricing/sections, etc) to current PSL holders to encourage license holders to buy for the "new" stadium?

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flair6844 Newbie

flair6844

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Honestly, the reasons so many new stadiums were built over the last 10 years is because of luxury boxes and premium seating or club sections. That money isn't shared with the rest of the league and is yours to keep and price for whatever you can get.

As each stadium has these things now it will come down again to money. I love B of A but I have been to better stadiums with more fan amenities. Stadiums with escalators to the top sections, jumbotrons closer to eye level, premium sound systems, team Hall of Fame in the stadium, huge fan parking lots right by the stadium, etc.

I just realized this team doesn't get much revenue from parking because they mostly have just where the stadium is located. The rent the Observer lot for Suite and Club holders, and I'd guess they rent the Duke lot for Club owners as well. But they have their premium revenue from luxury boxes and club seats.

If they ever decided to build another stadium, it would have to be because they could make more money. So, would they expand the size of it? Probably not because we're still a small market team that would be vulnerable to slow ticket sales if the team's performance takes a downturn.

So would they build a new one to expand the number of luxury boxes and premium seats? I don't know that this market could support that many more luxury boxes and premium seats to justify building another stadium.

So in short, these new stadiums may be around longer than the 30 years their predecessors lived unless individual markets can support a higher revenue generating situation.

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Stormkat Newbie

Stormkat

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I remember when I moved to Charlotte in 1986. This place has grown dramatically from that time. No NBA team no Panthers the area around Lowes Motor Speedway was farm land and if you blinked you would almost miss it. Now we have all that and a uptown to boot. That is why I worry about a new stadium and the PSL's being useless.

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Jjoe Newbie

Jjoe

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If you own PSL's in the club section, you sign an agreement to purchase tickets for a set number of years (10 maybe?) and you're obligated to purchase tickets for that amount of time. I don't think you have to pay a fee at the end of that term to continue though.

I remember that clause in those. That was the biggest reason I chose any section except those - it didn't really specify what would happpen at the end of that 10 year period. After I ended up finding out what the amenity surcharges were, I was so thankful I didn't. The intial PSL cost of clubs was intially pretty low, but man, those ticket prices more than made up for it.

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Jjoe Newbie

Jjoe

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Our PSLs are transferrable, and they are inheritable.

Our PSLs are our only possession that we address in our wills. Think about it for all you owners with young kids. I want my PSLs to go to my 5 year old daughter. But, if we died next year, what to do?

So, just to give you an idea what we did - my brother is set up to be her guardian. The PSLs will be hers (they'll be put in a trust along with her inheritance - whatever that will be lol ), and we made arrangements for the trust to pay for the tickets yearly so the PSL won't be lost. It's not really fair to expect my brother to pay for the tickets every year, if he decides he doesn't want to, she'd lose the PSLs. So now, we don't have to worry about losing them since the trust is paying, he'll get the enjoyment of using them (and he'll still be taking her...hopefully), and once she reaches...I can't remember what age we chose), they revert to her and then she decides whether she wants to keep them or not. I told the attorney who was doing our will that it may seem silly to have that as the only possession addressed, but there is so much "baggage" with those PSLs, that he also felt like it was a wise move.

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Jjoe Newbie

Jjoe

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I actually had the chance to speak with Jon Richardson on this issue during the post-season... there was a company in Connecticut that lost their Patriots' season tickets privileges because a male guest of theirs used the ladies' restroom at a game and was arrested for it. Jon said that if something like that happened here, the PSL owner would at least receive one warning before their PSLs could be revoked. I told him that in my opinion, a PSL owner should never be left out in the cold on something like that... they should have the right to sell their PSLs rather than having them yanked.

they were wise to word it like they did though. If they chose to, they don't have to give a warning. By using their warning policy - they're just turning themselves into nice guys - good PR move. But, if it's something really bad, I don't care whether they lose their tickets or not.

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Jjoe Newbie

Jjoe

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Eh, it sucks to not be able to decide out of the blue to go on a Sunday because the game is 'sold out'. Then you turn on the tube to watch it and the stadium is half empty.

Alot of good games sell out quick, weeks in advance.

But I guess I really just don't want to go that badly!

You could do that easily. There's usually tickets outside the stadium.

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  • 3 years later...

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