Quote:
Originally Posted by jayswin
Why in the world would a franchise go the PSL route and then take away the one thing that PSL's offer them in financial security, year to year?
"Oh good, we've started our rebuild and we get to start by handing back $75,000,000 to 5k PSL owners, plus lose their annual season ticket revenue each year."
So yeah, I guess that would be okay...for you.
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Nice of you to quote half my post. If they do a PSL with a fixed escalator on ticket prices, that would be fine with me as well. But to write them a $20k cheque and then hope they decide to be charitable on ticket prices later...
Probably not for me.
If there is a chance of me paying them $20k, and then they raise ticket prices 15% per year, so that even if my PSL is transferrable it would be worthless, I'm not going to sign up for that deal.