For New York Jets fans that attend home games every Sunday against any NFL team at New Jersey’s Metlife Stadium, they find themselves often in a stadium that feels like a home game for the opposing team. Yes, the New York Jets play their home games in New Jersey. However, calling it a home game really doesn’t make sense anymore. That’s because a large portion of the fan base that holds season tickets sell their games online at places like StubHub and Ticketmaster. New York Giants season ticket holders do the same thing too. The fact that both teams are maybe having horrible seasons, as usual, plays a part in many season ticket holders selling their games. However, there’s another reason why a good portion of NFL season ticket holders sells their game tickets. That reason is called the PSL license. Here’s why!
The majority of season ticket holders at MetLife Stadium were forced to buy PSL licenses ten years ago when the New York Jets moved into MetLife Stadium. The other New York team, the New York Giants forced their fans to do the same thing. For years it was impossible to get season tickets to New York Jets or New York Giants home games. Ownership of both teams understood the value of NFL game tickets. Game tickets for NFL games especially in New York were in high demand back in the 2000s and preceding years. When the state of New York made it legal to sell tickets over face value in the 2000s, fans made out well; especially season ticket holders of the New York Giants.
When both teams decided to build a new stadium to share, they also decided that all their present season ticket holders back then would have to buy Personal Seat Licenses in the new stadium to continue being season ticket holders. For long-time season ticket holders of both teams, this was a horrible stab in the back. I had three seats on the 50-yard line for the New York Giants. I had those seats for 30 years. I commuted 60 miles from Long Island back and forth to every game. I spent a lot of money on gas, tolls, and concessions 10 times a year going to Giant games. It was worth every penny and it was my choice to do so. No complaints about any of it. It was great. I was in the lower deck and my tickets cost $95 a seat in the final season at Giants stadium in 2009.
The following year, the New York Giants informed me that if I wanted to keep my seats in the same location in the new stadium they were raising my ticket price from $95 a seat to $700 a seat. They also informed me that they were going to charge me a $20,000 personal seat license (PSL) for each seat I owned. Since I owned three seats, the cost of my season tickets would rise to $21,000 a season for ten games. Additionally, I had to cough up $60,000 in PSL fees. The New York Jets did the same thing to their fans in the same sections.
The majority of season ticket holders who had really good seats had to give them up for both teams. There’s no way that the average fan could pay a $20,000 to $25,000 PSL. So what happened instead was all of us went into the end zones paying either for a $4,000 or $5,000 PSL. The New York Giants wanted their PSLs paid in full within two years. New York Jets offered their fans a 15-year payment plan with heavy interest. Many New York Jets fans took on the 15-year payment plan. Even though it did not seem like a really good investment, it didn’t seem too bad because NFL tickets always had a very high resale value. We could not have been more wrong.
The New York Giants were out of the picture for me because all they offered me was the last row in the upper deck with a PSL fee attached to it. They didn’t offer me end zones or anywhere else, just the last row in the corner of the upper deck with a PSL. After 30 years that’s where they placed me because I could not come up with a $60,000 PSL License fee for my three seats. (I have two sons)
Now people will argue that once you’re a fan of an NFL team you should stay a fan of that NFL team for your entire life and that you should be loyal. Well when that NFL team tells you you’re not wealthy enough to attend their games anymore, you kind of throw that argument out the window. That’s what I did. I told the Giants to keep their tickets and I placed a call to the New York Jets. I hated the Giants for what they did to me and all their other loyal fans who had been attending games for thirty years in that stadium. Many of them had season tickets since the Polo grounds. The New York Giants didn’t care about them, they wanted the money and they knew they would get it from corporations looking for tax write-offs.
The New York Jets offered me two seats in the corner End Zone in the 9th row with $125 ticket price and a $5,000 PSL. The big difference between the New York Jets and the New York Giants was the New York Giants wanted all their money within two years and the New York Jets offered a 15-year payment plan that allowed me to make a $1,000 payment once a year for 15 years. I signed up for the 15-year payment plan because I just did not happen to have $10,000 to hand over to the New York Jets. If you do the math rather easily on this one you, will discover that’s $5,000 interest being paid.
Most people with a good sense of mind would say that’s not really a good deal. However, I have two sons, and going to NFL games has always been a tradition in my family. Yes, this is my story but it’s a shared story with thousands of other NFL season ticket holders dealing with the PSL issue. That’s what leads us to the NFL home game experience being destroyed.
Having to pay those PSL fees every year has become a financial burden. It’s tough enough having to pay for tickets for 10 games. Yes, I understand nobody’s forced us to do this, that’s not the point of this article. What has happened with many PSL license holders is that they are forced to sell multiple games every season to pay for those PSL licenses.
So now stadiums are full of opposing team’s fans because the season ticket holders are being forced to sell multiple games to pay their PSL long-term contract payments. And the word contract is important here. These were contracts fans signed and there is language in the contracts that do not bode well for the season ticket holder if they don’t make their PSL payments. Further infuriating many PSL Season ticket holders is the fact that some teams have lowered the price for PSLs in the current market because no one is buying them anymore, therefore making season ticket holders of high-priced PSLs, owners of worthless licenses.
When a fan brought suit against the New York Jets arguing that his PSL was no longer worth anything because The New York Jets turned his section into a non-PSL section, the judge ruled in favor of the New York Jets stating that no one forced the fan to buy the PSL in the first place.
So want to know why NFL home games are no longer home games for many teams, it’s called the PSL!; and we are all still paying the price. Yes, some will argue that with big-screen TVs and the comfort of your home, fans would rather stay home. However long-time NFL season ticket holders are families with traditions of going to games. The problem is the NFL has allowed their teams to destroy those traditions with the greed of the PSL. It’s sad.