Quote:
Originally Posted by Enoch Root
It's not a question of whether it's affordable, it's a question of whether people would be willing to commit to 30 years of being a captive audience.
Let's say you buy your licence and then they raise ticket prices 7 or 8% for 5 years in a row. You're in for a $20,000 membership (or whatever it is), so how do you feel about cancelling your seats if you're unhappy with the product or the pricing?
I would be against it for that reason. As a STH, you're a customer of the product the team is offering. If you own the membership, you're no longer a customer, you're committed.
At a golf course, or other places where there is a membership, you have a voice in how things are managed. With a sports franchise, you would just be a captive cheque book.
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How is it more of a captive audience than today? Would you say NFL fans are captive because they pay a PSL? Once you pay it, it doesn't matter whether you renew your tickets or not. You get the money back in 30 years or when you sell it.
As a consumer I'm not a fan, simply because it raises the cost of season tickets and indirectly, single game tickets. And in the Warriors version, they are trying to take away your potential upside.