Wednesday, December 5, 2007

How ‘bout them Boys

The Dallas Cowboys will open their new stadium in 2009. If you are interested in getting a PSL for a club seat on the 50 yard line – that PSL will cost you $150,000 per seat. Yes that is correct $150,000 per seat.

After that the tickets will cost $340 a game. One almost has to be a professional football player to afford it. But then you get in for free on the field level.

What you do get for your $150,000 is the following:

Access to the exclusive founders club
All-inclusive food and beverage
Complimentary VIP parking
Fixed ticket prices for five years
The opportunity to purchase Superbowl XLV tickets
A 30 license on the tickets (who knows what the renewal is)

Too much for you? You can always buy other sideline PSLs for as little as $16,000 per license. It seems like such a bargain compared to the $150,000. Prior to the Cowboys prices the highest PSL on record was $12,000.

For the record, we do not recommend buying a Dallas Cowboys PSL at this time.

http://www.dallasnews.com/sharedcontent/dws/img/11-07/1129tickets.pdf

http://sportsillustrated.cnn.com/2007/writers/peter_king/12/09/week14/4.html

To learn how to make money being a ticket broker, visit www.MyTicketBiz.com.

The Lights Are Back On

After 19 days, which was much longer than anyone expected, the Broadways stagehands strike is over.

Cost to the producers? The estimate is about $40M.

Who won long term? Not too sure. Details about the agreement are sketchy.

Short term the producers lost. In addition to the $40M in lost revenues, no one has been buying tickets because they were not too sure when the strike would end. Many newly scheduled shows were at partial capacity when they usually experience 80 – 90 percent capacity. New shows that were supposed to open around now are not opening until January. Existing shows that rely on a heavy walk-up business (e.g. Rent) were having to sell tickets at a discount, at the gate no the less, to get people in temporarily. This might lead to a few early show closings. The four day Thanksgiving weekend, one of the busiest on Broadway, is still a lost weekend.

Others lost too. Restaurants, parking garages, tourist shops and ticket brokers all took a hit and now have to recover.

It is hard to imagine that the stagehands negotiated a deal for more than $40M over what they have now. Lets hope whatever the final agreement is long term.

To learn how to make money being a ticket broker, visit www.MyTicketBiz.com.