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Encyclopedia > Permanent Seat Licenses

A Personal Seat License (also known in North America as a Permanent Seat License or PSL and in the United Kingdom as a debenture) is a one time payment that gives a sports fan the right to buy season tickets for a particular seat in a sporting venue for a pre-determined length of time. A number of sports stadiums and arenas throughout the United States offer PSLs. The United States of America — also referred to as the United States, the U.S.A., the U.S., America, the States, or (archaically) Columbia—is a federal republic of 50 states located primarily in central North America (with the exception of two states: Alaska and Hawaii). ...

The primary reason sporting venues offer PSLs is that the proceeds are used to help pay the debt incurred during the contruction of the stadium or arena. Also, many supporters feel that such licenses essentially give fans ownership of his or her seat. But opponents of PSLs see this as another way to extract money from the sports fans.

  Results from FactBites:
New Cleveland Stadium (1101 words)
The first row of field-level seats are 31 feet from the end line of the field, as compared with 89 feet in the old Stadium.
The first row of upper deck seats in the West end zone is 125 feet from the field, 14 feet closer than in the old Stadium.
Plans for the seating had to be reduced from 74,300 to 72,000, as well as the number of ticket booths and elevators in order to avoid budget over-runs.
Boston.com / Business / Pass interference (807 words)
Seat licenses, which typically cost a one-time fee of several hundred to several thousands of dollars, entitle the owner to buy a specific set of season tickets each year.
Since the Patriots didn't go the seat license route (the up-front fee was considered too steep for many fans), team officials say they won't allow season-ticket transfers because that would be like giving away a seat license for free.
The Bears, for example, moved into a renovated Soldier Field last year and gave fans the choice of purchasing a regular season ticket with no transfer rights or a season ticket linked to a seat license that could be transferred.
  More results at FactBites »



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