yimyammer
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If you dont pay for your seats you will get sued. You are legally obligated to pay for the tickets when you buy your psl. That is the trick the owners came up with to make sure they never have unsold seats in bad years.
You are not on the hook exactly for the psl. Its yours, its a bond. If you paid cash for it you owe nothing, if you took a loan on it then you pay each year whatever the 30 year loan amounted to. So every April 1st the bill for the psl is due, may 1st the tickets are due.
You are free to sell your psl for however much you want whenever you want. Once you do you are not on the hook for the tickets anymore.
Thanks, that's what I thought but its been a while since I looked into this.
My dad used to have tickets at the 45 yard line, 20 rows up on the Cowboys sideline at Texas Stadium. They wanted $150,000 per PSL plus all the annual tickets & parking which IIRC, was close to 10K per year. While my dad could have afforded it, jeri had ruined the on the field product so badly, he didn't feel it was worth it.
The old bonds on Texas Stadium actual paid some interest, do the bonds at jeri-world pay interest?
FYI-My dad an I are geeky CPAs and when we got the package from the Cowboys on all the seat prices, we did the math and determined that if jeri got 100% of what he was asking for all PSLs, he would have made over 1 billion dollars after paying off all the debt. LMAO, damn us cowboy fans are suckers!