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.
Seatlicenses, 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 seatlicense 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 seatlicense 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 seatlicense that could be transferred.
Share your thoughts, questions and commentary here
Want to know more? Search encyclopedia, statistics and forums:
Press Releases |
The Wikipedia article included on this page is licensed under the
Images may be subject to relevant owners' copyright.
All other elements are (c) copyright NationMaster.com 2003-5. All Rights Reserved.
Usage implies agreement with terms, 1022, m