Explanation on re-selling and TAF fees | TigerDroppings.com

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Brettesaurus Rex
New Orleans Saints Fan
Baton Rouge
Member since Dec 2009
22992 posts

Explanation on re-selling and TAF fees


Why do most of you season ticket holders ask for buyers to pay the TAF fee on top of the ticket price? I would think by doing so you're giving up the rights to the tickets. Seems a little much to make the ticket buyer pay the fee for the actual season ticket holder. It seems like it should be them paying for just the ticket when you're basically making them pay your dues.

Disclaimer: Obviously you can charge people whatever you want for certain games like a Bama or Florida. I'm more referencing the people who sell the whole season at a time.








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PurpleAndGold86
LSU Fan
Houston, TX
Member since Jun 2012
10452 posts

re: Explanation on re-selling and TAF fees


Right, and they still get the tax deduction as well because the tickets and donation are in their name. So they get back even more if they itemize.





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tigerbutt
LSU Fan
Deep South
Member since Jun 2006
6949 posts

re: Explanation on re-selling and TAF fees


quote:

Why do most of you season ticket holders ask for buyers to pay the TAF fee on top of the ticket price?


You fail to realize, this "donation" is just a way for LSU to avoid taxation so really the ticket cost is the total amount and not just the face value. I guess if LSU placed a $1.00 face value on each ticket and the remaining amount as a TAF donation, you would expect season ticket holders to sell the their season tickets for $7.00 per ticket for the whole season? Come on man!






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yaherrdme
LSU Fan
The Place to Be
Member since Feb 2004
3463 posts

re: Explanation on re-selling and TAF fees


quote:

Why do most of you season ticket holders ask for buyers to pay the TAF fee on top of the ticket price?


Real simple answer.. because LSU asks buyers to pay the TAF fee on top of the ticket price.. Try to buy season tickets through LSU without paying the fee.






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Brettesaurus Rex
New Orleans Saints Fan
Baton Rouge
Member since Dec 2009
22992 posts

re: Explanation on re-selling and TAF fees


quote:

I guess if LSU placed a $1.00 face value on each ticket and the remaining amount as a TAF donation, you would expect season ticket holders to sell the their season tickets for $7.00 per ticket for the whole season? Come on man


That's definitely exaggerating what I said to a point of ludocracy. My point is, the tickets aren't only a $1. They're at the very least 40 and up to 70 for bigger games. As a season ticket holder you pay for the tickets and then pay TAF sort of as a right to the tickets. If I'm only getting the tickets for this year, why should I pay your TAF fees? Especially when I'm most likely doing the seller a favor instead of making them sell them individually, where you wouldn't get the fee back anyway.

quote:

. Try to buy season tickets through LSU without paying the fee.

I'm not, and that's my exact point. If I wanted to buy the rights to the tickets, then sure, I can understand paying the fee. But since I'm only buying them from you, why should I pay them? Especially considering that doesn't give me any sort of guarantee that I'll get them next year. They're your tickets, you pay for the guarantee.






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LSUAfro
LSU Fan
Baton Rouge
Member since Aug 2005
10359 posts

re: Explanation on re-selling and TAF fees


Your point is moot. Face + Taf is accepted as what people are willing to pay for season tickets at a minimum.

On the secondary market it doesn't matter what you call the premium over face. It's what people are willing to pay. You can call it paying for TAF and I'll just call it the "price I'm charging". You won't find season tickets for less than face + Taf so it really doesn't matter.






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Brettesaurus Rex
New Orleans Saints Fan
Baton Rouge
Member since Dec 2009
22992 posts

re: Explanation on re-selling and TAF fees


I see what you're saying now. I was really just asking out of curiosity since I see that so much.





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yaherrdme
LSU Fan
The Place to Be
Member since Feb 2004
3463 posts

re: Explanation on re-selling and TAF fees


quote:

If I'm only getting the tickets for this year, why should I pay your TAF fees? Especially when I'm most likely doing the seller a favor instead of making them sell them individually, where you wouldn't get the fee back anyway.


If you get the tickets for the year, one could argue they are now YOUR TAF Fees.

Also, the season ticket holder has already paid THOUSANDS of dollars over the past several years to have the option to buy the ticket for this year, if one of those years were skipped, they would not have any rights to buy the tickets for this year.. Why should you get to skip the fees, when the season ticket holder has been forced to pay it for years?






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mdomingue
LSU Fan
Lafayette, LA
Member since Nov 2010
517 posts

re: Explanation on re-selling and TAF fees


I think what it boils down to (I'm not and never have been a season ticket holder) is this, the ticket price for any seat in Tiger Stadium (not sure about luxury boxes but any other seat) is the same 40, 50 or 70 bucks, generally speaking. The TAF can be as high as $135 per ticket per game (7 home games) for the 3 East and West sideline sections and one of the Tiger Terrace sections on the West. Even the lowest TAF (North and South end zones) are $30 /ticket/game.

That means it cost the season ticket holder, at minimum,somewhere around 43% in addition to the face value for most expensive tickets. I, for one, am willing to pay that to get tickets. Friends will usually forego the TAF but it would be a lot to ask of a stranger IMO.

As for the itemized savings, that equates to the percentage of the TAF for that game that is their personal income tax rate. Of course, I'm sure they report any amount over face on their income tax as income.






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mdomingue
LSU Fan
Lafayette, LA
Member since Nov 2010
517 posts

re: Explanation on re-selling and TAF fees


I miss the fact that we were talking about an entire season, rather than a game. Look into what it would take to move into position to become a season ticket holder and you will see that paying someone else's TAF will save you the THOUSANDS of dollars it will take you to get enough priority points to qualify to then pay that same TAF plus ticket price.





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Brettesaurus Rex
New Orleans Saints Fan
Baton Rouge
Member since Dec 2009
22992 posts

re: Explanation on re-selling and TAF fees


I see that, but I will raise you another point. What about the true market value of the tickets? Yeah, you might get triple the face value for say the Alabama game, But you might be damn near be giving tickets away to games like North Texas or Idaho. To me, that is really the heart of what I was trying to say originally. If I am going to pay face value for your tickets, I would think that the depreciation from the lesser games would equal what you want what you are trying to include in the TAF fees or any "mark up"







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jhhingle
LSU Fan
New Orleans
Member since Oct 2007
2122 posts

re: Explanation on re-selling and TAF fees


Because this is what cost us OUT OF POCKET to obtain these tickets this season regardless and yes to continue with same seats next season! Why would I pay 900$/E for you to have them? A Christmas present from a stranger or something? I realize TAF puts awkward spin on selling tickets. I also would pass on the right to purchase away games and bowl game if sold.





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LSURussian
LSU Fan
Baton Rouge
Member since Feb 2005
81343 posts

re: Explanation on re-selling and TAF fees


quote:

Why do most of you season ticket holders ask for buyers to pay the TAF fee on top of the ticket price?






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One Story House
LSU Fan
Member since Feb 2009
1529 posts

re: Explanation on re-selling and TAF fees


quote:

they still get the tax deduction as well because the tickets and donation are in their name


BINGO. This is why I do it. There's some risk involved (not selling tickets), but it pays off ccome tax time. Don't want to pay the fees associated with buying season tickets from me, that's cool. Some people are willing to do so.

Ever own rental property???






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mdomingue
LSU Fan
Lafayette, LA
Member since Nov 2010
517 posts

re: Explanation on re-selling and TAF fees


I think you make my point if you are looking at buying an entire season. So last year South Carolina & Alabama probably made up the value difference for Towson, North Texas,and Idaho. With Washington and the Miss(s) being at value. And the value I'm talking about is face plus TAF. If per game, then you might do a little better but you loose the convenience of the same area every game.





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PurpleAndGold86
LSU Fan
Houston, TX
Member since Jun 2012
10452 posts

re: Explanation on re-selling and TAF fees


OneStoryHouse

You selling tickets? How many are you selling? I'm more than willing to pay TAF and face.






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tigerbutt
LSU Fan
Deep South
Member since Jun 2006
6949 posts

re: Explanation on re-selling and TAF fees


I am willing to sell you my season tickets for face value only. That's right. No TAF donation fee required. I'll cover the cost. You simply pay me face value only.

Only catch is, LSU has to have a record of 2-10 at best for 2 years in a row. Come back then.






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zippyputt
LSU Fan
Member since Jul 2005
2015 posts

re: Explanation on re-selling and TAF fees


Just the way it is.





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bbesse
LSU Fan
Waveland, MS
Member since Nov 2005
5758 posts

re: Explanation on re-selling and TAF fees


Most buyers are not going to pay the TAF fees for any ticket in which they don't have the rights to the seat. Those tickets typically do not sell until they dump the TAF fees. The TAF fees ensure that seat is there for you next year. On a side note, if someone is just looking to save money, they would never buy a season ticket through the school, but would buy tickets at the games themselves. No ticket holder will ever cover what they paid for their tickets by selling them individually.





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LSUAfro
LSU Fan
Baton Rouge
Member since Aug 2005
10359 posts

re: Explanation on re-selling and TAF fees


quote:

Most buyers are not going to pay the TAF fees for any ticket in which they don't have the rights to the seat.

Wrong.
quote:

Those tickets typically do not sell until they dump the TAF fees

More fail.
quote:

On a side note, if someone is just looking to save money, they would never buy a season ticket through the school, but would buy tickets at the games themselves

Did this for years.
But, I enjoy sitting in my seats every game. I enjoy being able to invite clients and friends and not walk around holding up fingers.
quote:

No ticket holder will ever cover what they paid for their tickets by selling them individually.

The discussion is about season tickets.






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