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Raiders Offering Three Options To Pay Personal Seat Licenses For LV Stadium Club Seats

 

By ALAN SNEL

LVSportsBiz.com

 

The Raiders are offering three ways to pay for those expensive personal seat licenses (PSL) for the swanky club seat, with the PSL cost going as far north as $75,000 for the most upscale club seat in what’s called the “VVIP” club between the 45-yard lines.

 

Here’s a look at the Raiders stadium club sections. The $1.8 billion domed stadium is scheduled to open in summer 2020 for the Raiders and UNLV football team. Legends Global Sales has been enlisted by the Raiders for the personal seat license and ticket sales.

 

 

Here are the three payment options:

 

*If you pay the entire amount up front, you will get a five percent increase.

 

*A second alternative is to pay one-third of the amount up front, a second 33 percent by March 1, 2019 and the final third by March 1, 2020.

 

*And the final option is paying 20 percent of the amount up front, 10 percent by March 1, 2019 and 70 percent in installments.

 

Raiders stadium club level

 

The Raiders stadium personal seat license marketing plan is part of the documents submitted for a stadium board meeting scheduled for 1 p.m. Thursday at the Clark County government center. Here’s a look at the PSL marketing plan.

 

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The Raiders are counting on the millions of dollars from personal seat license revenues to help pay their share of the $1.8 billion stadium on a 62.5-acre site on the west side of Interstate 15 across from Mandalay Bay. bounded by Hacienda Avenue, Polaris Avenue and Russell Road.

 

Southern Nevada is giving $750 million in public money to the Raiders, with a hotel room fee generating more than $1 billion in revenues over 30 years to pay back the $750 million subsidy.

 

Here’s a look at the Raiders promotional material for the club seats.

 

And here are some general facts about the personal seat license, which you have to pay in order to buy a season ticket for seats besides the club level seats or playoff game ticket deals.

 

The PSL is a one-time fee that gives a fan a license to pay for season tickets for 30 years and is essential for the Raiders to help pay for the 65,000-seat stadium.

 

The PSL also gives the fan a chance to buy tickets for events at the stadium before they go on sale for the general public.

 

And here’s an important part of the PSL — if you buy a personal seat license, you can transfer the PSL to a member of your immediate family or a third party. You have a right to resell your PSL.

 

Here’s a cross-section look at the club seats. The team has not been very open about discussing the ticket prices with the media.

 

 

In its personal seat license marketing info for the club levels, the Raiders have enlisted coach Jon Gruden — who used to coach the Raiders at one time — in a power point presentation.

The VVIP club seats are the most expensive and require the $75,000 personal seat license, while the other two club seat areas will cost $20,000 and $35,000 in PSL fees. Keep in mind the 7,000 club seats are a fraction of the overall number of seats in the building, with reserved seating the obvious biggest chunk of all the PSL seats.

 

For reserved seating, fans can start booking an appointment for what the Raiders are calling a “priority window” from Tuesday to Aug. 13.

 

Here’s a look at the reserved seating chart. The cheapest PSL for a reserved seat is $3,900 — the cost to have a license to have the right to buy season tickets. The reserved seat PSL runs as high as $15,000. It’s Big League prices for the city that craved to be in the Big Leagues of sports.

 

The stadium construction schedule was previously reported by LVSportsBiz.com, with the outline of the venue taking shape.

 

 

If you want a look at the personal seat license brochure, here’s the material submitted to the stadium board.

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Follow LVSportsBiz.com on Twitter, Facebook and Instagram. Contact LVSportsBiz.com founder/writer Alan Snel at asnel@LVSportsBiz.com

Alan Snel: Alan Snel brings decades of sports-business reporting experience to LVSportsBiz.com. Snel covered the business side of sports for the South Florida (Fort Lauderdale) Sun-Sentinel, the Tampa Tribune and Las Vegas Review-Journal. As a city hall beat reporter, Snel also covered stadium deals in Denver and Seattle. In 2000, Snel launched a sport-business website for FoxSports.com called FoxSportsBiz.com. After reporting sports-business for the RJ, Snel wrote hard-hitting stories on the Raiders stadium for the Desert Companion magazine in Las Vegas and The Nevada Independent. Snel is also one of the top bicycle advocates in the country.
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