- Feb 24, 2015
- 22,124
- 36,661
I’m ok with others paying
I do regret posting in this thread that’s for sure.
Do I enjoy the Jets yes
Did I ask for the return no
Big Jump In Season Ticket Prices
- Thread starter sting13
- Start date
I do regret posting in this thread that’s for sure.
Do I enjoy the Jets yes
Did I ask for the return no
Channelcat
Unhinged user
With 600M$ USD expansion fees, the league is now essentially a ponzi scheme. They'll keep it up as long as they can.
I usually pay attention to the number of blue dots available on ticketmaster in the days and weeks leading up to home games. From what I have noticed the past two years, there are often a few hundred seats with two or more seats together available in the P6 and P7 sections...even the day before and sometimes the day of the game. I think these particular price points will becoming an increasingly tougher sell with the 3 -5% annual increases assuming that it is mostly middle income earners buying these seats.
I see fewer issues with available seats in the P1, P2 - and to a slightly lesser extent, P3 and P4. Usually I only see a few dozen seats where two or more can sit together. Sometimes every seat is taken except for individual ones.
IMO, the best bet would be to maintain the 5% increases for the P1s and P2s for the forseeable future as these are probably bought by upper income individuals and businesses - these are less likely to threaten cancellation as they have the largest disposable income or in the case of businesses, individuals are not even paying for it. P3s, P4s keep around 3% (slightly above inflation)...maybe P5s as well. P6 and P7s should be 2% at most, maybe even only 1% which would put them at or slightly below the rate of inflation. I think this pricing model would sustainable in the future..at least more so than the current one which appears to increase prices for all seats by 5% per year.
I see fewer issues with available seats in the P1, P2 - and to a slightly lesser extent, P3 and P4. Usually I only see a few dozen seats where two or more can sit together. Sometimes every seat is taken except for individual ones.
IMO, the best bet would be to maintain the 5% increases for the P1s and P2s for the forseeable future as these are probably bought by upper income individuals and businesses - these are less likely to threaten cancellation as they have the largest disposable income or in the case of businesses, individuals are not even paying for it. P3s, P4s keep around 3% (slightly above inflation)...maybe P5s as well. P6 and P7s should be 2% at most, maybe even only 1% which would put them at or slightly below the rate of inflation. I think this pricing model would sustainable in the future..at least more so than the current one which appears to increase prices for all seats by 5% per year.
cbcwpg
Registered User
Other than a couple of teams that have a real world value of $600MM plus, the rest of the teams are only worth $600MM or so because Bettman says that's what they are worth, None of them are really worth that.
You only get that money if you can sell. Honestly, given what TNSE paid to get the Thrashers, if Chipman could find someone in Houston to give him say $650MM U.S. and move the team there, he would be crazy not to. I know he won't, but it's got to be tempting.
nobody important
the pessimist returns
Screw that. Last time I checked, pretty much every seat in the house has a good view of the game. And what little you can't see on the ice from an obstruction, you can see on those big, shiny HDTV's hanging over center ice. Even by applying the same percentage across the board, the actual dollar gap between most and least expensive widens every year. Now, you want to further that by giving an even lower percentage to the cheaper seats? Any course of action like that would have me screaming at our rep. People who can't afford their seats any longer can stay the f*** home.
cbcwpg
Registered User
Interesting approach. I sort of agree, but what I would rather see as a start is more seating categories and prices based on the actual view of the seat and not the perceived view of the seat. IE: Not all P6 seats are the same. My seat has a far worse view of the ice compared to the exact same seat 2 rows behind me... why should we pay the same? That person should pay more than me.. they have a better seat.
I know Edmonton does something like this. For example they charge more for an aisle seat than the seat right beside that seat.
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nobody important
the pessimist returns
Island property always comes at a premium.
But seriously, really? Is there a more annoying place to sit? I used to sit near an aisle and was constantly popping up for people passing through. I would pay more for the middle of a section so I can sit in peace and be the one annoying others. 
Board Bard
Dane-O-Mite
- Jun 7, 2014
- 7,888
- 5,055
Aisle seats are the worst....it would drive me nuts getting up 8 times a period for people going for a pee/drink
People drink pee there? I don't even want to know what they eat.
Aisle seats are the worst....it would drive me nuts getting up 8 times a period for people going for a pee/drink
Some aisle seats are much better than others. I have been in a few tickets groups since the Jets return. Previously had really nice seats in P2 on the aisle. Lots of seats in the row equaled lots of traffic.
I am the primary account holder in a pair of seats in P3. They are also aisle seats. There are only 12 seats in the row. 4 seats are held within 2 ticket groups that I am part of. Only 2 people not part of our group ever need to get by. Some games those 2 people go in the other side of the row and no one goes in or out. Fantastic aisle seats, when I see the shovels coming out I can use the washroom or grab a drink without missing any of the game.
As for some mentioned pricing models from other teams, many charge more for attack zone for 2 periods.
Charon2000
Registered User
I have an aisle seat. I'm not part of a group, I have it every game and I don't mind getting up for people. Lets me stretch now and then. Being on an aisle, I can blast down during a TV timeout and be back before the play starts. Nothing beats being able to come and go from my seat as I please without having to go past anyone. Letting people pass is an acceptable trade-off for me but everybody's different.Aisle seats are the worst....it would drive me nuts getting up 8 times a period for people going for a pee/drink
The only time I mind getting up for people is when there's under a minute left in the period and somebody decides to beat everybody else down to the concourse during the play. It doesn't happen often in my row but always seems to happen in the row below. Obstructing people's views and making them get up during the play is pretty selfish.
Really bad misconception. There are more regular Joes in P1 and P2 than you think and demand is absolutely elastic for us.
I said it before and I'll say it again: not everyone in P1 and P2 is a well-heeled gentleman of wealth and leisure.
m.
The thinking is that if you can afford P1 or P2, you can also afford P6 or P7 but for some all they can afford is P6 or P7 and if they are over priced it forces them out of the market for tickets.
But if my group is squeezed out of the market we won't be able to arbitrarily downgrade to P6 or 7 will we?
m.
As someone with seats in P1 and P2, I'm curious to see what is going to happen when our contract is up after the 2020-21 season. By then, the gap in ticket prices will be fairly significant between the ones that have been going up 5% and those that have been going up 3%. If the team wants us to "catch up" and pay the same price, we'd be looking at a very large increase for the 1st year of the new contract.
No amount of money would entice Chipman to sell the team. He has made that pretty clear. Only way he would sell is if the team wasn't profitable and it's pretty clear there is no indication of that ever happening.
I am doubtful that the team is profitable. Likely have not made money since year 3. The Jets likely tap into the leagues assistance fund on a yearly basis. Chipman has alluded to such in interviews.
As I have stated before. I feel the Jets are comfortable pricing Joe and Jane fan out of the market because they likely have the smallest amount of business/corporate STH in the NHL.
I find that extremely hard to believe...
They are worth like triple what they were in Atlanta, somewhere in the $365 million dollar range
True North owns and operates Bell MTS Place
Collects revenue on absolutely everything Jets and Moose related, concessions, merch, ticket prices, concerts etc,
Owns the building right across the street that they built (office space?)
Owns a theatre (Burton Cummings Theatre)
Building a $400 million dollar True North Square Project which they will own (office,retail,hotel,parking lot)
Own a casino
Gets a tax break from the government
TV deal money
Got a cut of the $500 million expansion fee from Vegas
Will get another cut of the $650 million expansion fee from Seattle
Will get huge revenue from the Jets and Moose playoff runs if they go deep (concessions, merch, tickets etc)
True North has a VAST amount of revenue streams.
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Hmmm...the Jets will make about $60M off STHs this year. Boxes are...what? $10M? Concessions $10M. League Revenues (national TV deals, merchandise, other shared revenues)...$20M? $12M in subsidies (casino revenues, tax rebates, etc.). So $112M - oh and a 1 time Vegas expansion fee of $16.6M. So $128M-ish? Minus salaries, travel, farm team, scouting, etc. They're probably at least breaking even. Oh, I forgot the local TV/radio deal - $10M/year? Yeah, Chipman's not losing money here.
Those are different than the NHL member franchise WinnipegJets. The NHL member franchise itself has likely not been profitable since year 3. The initial expectation was to be a revenue sharing team but sales at Jets gear in year 1 and 2 allowed for some profitability as did a string Canadian dollar.
The league operates in USD.
I have no doubt the concert arm of TNSE is profitable. I personally don’t believe the hockey team is.
TNSE has also saved money housing their AHL franchise in the same building.
As for STH prices has anyone determined any numbers as per price increases in comparison to inflation since year 1?
Chipman in interviews post year 2 has alluded to the fact that they have received money from L’ill Gary’s money fund.
Are the Florida Panthers a money maker?
Most other NHL franchises aren't built like True North. They simply rely on hockey revenue. The small market teams have the True North model.
I call BS on the team not being profitable since year 3. Not a chance. Look at the recent Forbes valuation. Team has made a profit every single season since being back.
m
League salaries are in USD while many revenue stream are in CDN.
The drop in the dollar from year 1 has been affecting the Jets profitability.
League salaries are in USD while many revenue stream are in CDN.
The drop in the dollar from year 1 has been affecting the Jets profitability.
The league has a Canadian dollar equalization program. The team is profitable man. Should be the end of the argument lol
2011-12 to 2018-19 the increase in STH prices is between 21%-23%.
Inflation over that period (according to the Bank of Canada Inflation calculator) is 11.8%.
The league salary cap has increased 19.63% (assuming an $80M cap next season).
However when you consider the CAD was about par in 2011 and it's dropped to $0.76 USD today, the value of an $80M USD cap is $104M CAD - which is actually a 38% increase.
