Jets set to hit fans with PSLs
[size=13pt]NY Jets set to hit fans with PSLs[/size]
Ownership says it will try to keep it "fan-friendly"
Sunday, August 03, 2008
BY DAVE HUTCHINSON
Jets owner Woody Johnson said he understands the fans' pain but said he has no choice. Johnson said yesterday that the Jets will also charge their fans personal seat licenses (PSLs) in the state-of-the-art stadium his team will share with the Giants...
Re: Jets set to hit fans with PSLs
I realize that PSLs can be painful for the initial purchase... but that is a pretty significant number.
The Giants' seat licenses are expected to bring in $300 million to $400 million, team co-owner John Mara said in June. If the Jets were to match that with their take from the PSLs, the cost of the stadium construction would have been cut in half.
If Wilf could raise half of that through PSLs in Minnesota, he could up his contribution to a new stadium to $400 to $450 million.
That is about half of the current proposal.