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Personal Seat Licenses
Beginning of Essay
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 .... Middle of Essay .... 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 today’s 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 prof ....
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Words: 1292 - Pages: 5
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