scroll to top
Stuck on your essay?
Get ideas from this essay and see how your work stacks up
Word Count: 1,287
The cost of building a state-of-the-art facility has grown dramatically over the past decade As the pressure rises on intercollegiate athletic programs to raise as much money as possible universities have been depending increasingly on high-cost amenities such as luxury boxes personal seat licenses and club seating Luxury seating includes special skyboxes usually purchased by corporations at premium prices and another level of more expensive seating often referred to as club seats Club seat ticket holders often have better views preferred parking indooroutdoor options and higher quality food and beverage service including a wait staff Luxury seating alone is a tremendous moneymaker and is the second most important revenue stream for sports franchises behind television revenues The most talked about of the three has become the personal seat license Personal seat licenses are a relatively new revenue source They give fans the right to buy a season ticket or specialty seating such as club seats PSLs offer the holder a series of amenities and benefits including the right to transfer your long-term season-ticket rights sometimes for a profit Stadium revenues come in a variety of ways and in todays world of professional and collegiate sports they are the key to profitable teams This is why many team owners claim they cannot afford to keep teams in old stadiums without the tremendous earnings potential of special seating and other stadium income In theory seat licenses are a simple if slightly devious device that allows teams to raise large amounts of cash in a hurry Typically the money is used to help cover stadium improvements or construction costs It has worked well in professional sports and the colleges have seen that It just makes sense it would filter down to intercollegiate athletics The concept of PSLs has been spreading through collegiate athletic departments over the last few years PSLs typically cost anywhere from 250 to 5000 per seat and average more than
@Kibin is a lifesaver for my essay right now!!
- Sandra Slivka, student @ UC Berkeley
Wow, this is the best essay help I've ever received!
- Camvu Pham, student @ U of M
If I'd known about @Kibin in college, I would have gotten much more sleep
- Jen Soust, alumni @ UCLA