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re: 2014 Renewal % of Current Season Football Ticket Holders

Posted on 1/10/14 at 3:04 pm to
Posted by JustSmokin
Member since Sep 2007
9151 posts
Posted on 1/10/14 at 3:04 pm to
quote:

Does not compute.....

Not all seats require a TAF donation. Some are tradition fund and a handful are no donation.
Posted by Ghostfacedistiller
BR
Member since Jun 2008
17500 posts
Posted on 1/10/14 at 3:08 pm to
I think the market rate is just perception. You have a difficult time making the money back you spent (cost + TAF).

The perception grossly overestimates the real market value across the entire season. For SHSU, NMSU, ULM the market value will be $20 if you're lucky. You likely spent $150 on the ticket.

MSU and Kentucky a little higher.

Bama and Ole Miss will be decent but no where near enough to make up what you lost on the other 5 duds.
Posted by NOLATIGAH
Metairie
Member since Jul 2007
3684 posts
Posted on 1/10/14 at 3:20 pm to
i will pay the tradition fund because without that they would just have raised our ticket prices. i wont donate any extra to TAF. id rather just save that money and use it to by tickets on the market for bowl games and away games. i got tickets to outback bottom level for like 30 bucks. lsu would have given me some crappy seats im sure.
Posted by jhhingle
New Orleans
Member since Oct 2007
3108 posts
Posted on 1/10/14 at 3:21 pm to
Exactly; actually closer to $200/E for the duds!
Posted by Broham
Crowley
Member since Feb 2005
18384 posts
Posted on 1/10/14 at 3:22 pm to
quote:

I say 85-90%

Go ahead and think that.
Posted by One Story House
Member since Feb 2009
1549 posts
Posted on 1/10/14 at 3:32 pm to
I have five football tickets. I sell four to a guy I met on TD.com. I am not renewing my single. I will only renew if they guy that buys the four together (for the last 3 years) pays for them, otherwise I will not renew any of them for 2014.

My main reason is because I can get tickets (almost always better than mine) for free or a couple of bucks outside of the gate before the game. It's not worth paying TAF/face value.

FOUR tickets were handed to me for free at two different games when I had my fingers up trying to buy 4 for the family.
Posted by GetmorewithLes
UK Basketball Fan
Member since Jan 2011
19049 posts
Posted on 1/10/14 at 3:35 pm to
quote:

But, I found some through the secondary market way early before the season.


I am sure a lot of people dont want to take the risk I take but I buy tickets at the game when I go. I went to Auburn, Furman, and Ark games last year. Only had to buy tickets for Arky and paid way under FV. I wanted to go to UF game but had to work and I am sure with the 15K no-shows I would have not had any problem...
Posted by Gray Tiger
Prairieville, LA
Member since Jan 2004
36512 posts
Posted on 1/10/14 at 3:36 pm to
quote:

Broham


What % do you think will renew?
Posted by VermilionTiger
Member since Dec 2012
37573 posts
Posted on 1/10/14 at 3:51 pm to
quote:

What % do you think will renew?


95%+
Posted by profwilson
Member since Jul 2004
867 posts
Posted on 1/10/14 at 4:04 pm to
My guess would be 90-92%, but I doubt we'll get honest data on it from the Athletic Department if the renewal rate drops. I have had season tickets for 18 years (and they were my Dad's for 8 years before that), but I will probably not renew next year. I renewed this year, but sold the tickets as a package before the season started (I did manage to break even, including Tradition Fund).

Living out of state, with a family and a job, I can really only make it to two games a year (maybe three in seasons where we play at home after Thanksgiving). This year, I went to the Auburn and Arkansas games. I paid face value for two Auburn tickets ahead of time (could have gotten them for free or close to it if I had waited until game day, what with the rain), and paid $100 total for my son and me to see the Arkansas game from lower-level 25-yard line seats. If I can do that, it just doesn't make sense to buy a season ticket.

With the weak home schedule and the addition of 7000+ new seats to Tiger Stadium next year, the secondary ticket market should get really soft. Outside of Alabama and maybe Ole Miss (depending on game time and weather), every other ticket should be available on game day for less than face value.
Posted by CrippleCreek
Member since Apr 2012
2345 posts
Posted on 1/10/14 at 4:11 pm to
Paying for season tickets doesn't make any sense to me. Even if you just look at is as a donation to LSU in some form or fashion, you could give all of that money to the college or program that you graduated from and then just get the dirt cheap secondary market tickets. There wasn't a game this year that was selling for face value on game day this season, never mind the tradition fund.
Posted by LNCHBOX
70448
Member since Jun 2009
84065 posts
Posted on 1/10/14 at 4:37 pm to
quote:

Bama and Ole Miss will be decent but no where near enough to make up what you lost on the other 5 duds.


This sentiment here is what I don't get. You aren't "losing" anything. The tickets cost what they cost, and if no one pays it, there will be no secondary market to get cheaper tickets.

I have a question for all you season ticket holders that share the mindset that you are "investing" your money and should be able to get it all back on the secondary market. Do y'all think when you buy a brand new car you are "losing out" because you could sell that car second hand for the same price you paid for it?

The money y'all pay each year goes to ensure you are guaranteed the same tickets for as many years as you are willing to pay. That doesn't mean you'll get your money back in the secondhand market, and you shouldn't. The buyer if your tickets isn't getting the same product you do.
Posted by Keltic Tiger
Baton Rouge
Member since Dec 2006
19274 posts
Posted on 1/10/14 at 4:40 pm to
Ticket prices are like the price of gas: neither will ever go down & will always go up. Any season ticket that is not renewed goes straight to TAF & TAF turns right around and sells it to someone on its waiting list. And tickets sold will always matter more to the AD than butts in the stands.
Posted by Beau Tie
Member since Oct 2012
951 posts
Posted on 1/10/14 at 6:33 pm to
I hope it's 95% and up. That means that some people will continue to foot the bill for me to go to every game for about 1/8 to 1/10 of what they pay. Meanwhile they are footing the bill for the rich people to have their new suites to sit in and drink alcohol while we can't. It's a great idea as long as you aren't the guy who is buying regular season tickets.

So to all you people who have had tickets in your families name for so long, I commend your relatives to making you believe you have to buy those tickets.

I will say this, I at least stay till the game is no longer in doubt.
Posted by RBWilliams8
Member since Oct 2009
53417 posts
Posted on 1/10/14 at 6:36 pm to
quote:

It will stay the same Renewal rate will not be affected until secondary market is not there to sell them on


Agree. Won't let them go until they start losing money on them.
Posted by RBWilliams8
Member since Oct 2009
53417 posts
Posted on 1/10/14 at 6:38 pm to
The "rich people" envy about tickets always amuse me.
Posted by Cap Crunch
Fire Alleva
Member since Dec 2010
54189 posts
Posted on 1/10/14 at 6:43 pm to
quote:

along with a crappy home schedule

Which is completely irrelevant

People aren't going to give up their tickets forever because of one crappy home schedule
Posted by thelawnwranglers
Member since Sep 2007
38760 posts
Posted on 1/10/14 at 8:20 pm to
Fallacy of This arguement is assuming the "Season Ticket" value = sum of market value for single game tickets.


There is a premium to be a season ticket holder and the rights that entails.
Posted by Beau Tie
Member since Oct 2012
951 posts
Posted on 1/10/14 at 8:23 pm to
I hope you aren't implying I envy rich people. That is not the case by any means.

Quick question though, why are they expanding the south end zone and only adding 3,000 regular seats? If you answer involves building suites then how can you not say the non suite ticket holders are not subsidizing the cost to build the suites? Sorry that it two questions and yes this is economics.
Posted by thelawnwranglers
Member since Sep 2007
38760 posts
Posted on 1/10/14 at 8:28 pm to
Regular seats are a by product of the suites
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