If you’ve been sitting on the fence whether or not to spring for a Personal Seat License at the Nu Meadowlands, Newsday’s Neil Best has some terrific news, particularly if you suffer from a particular malady commonly known as “more money than brains”.
On Thursday, the Jets drastically cut prices on personal seat licenses for about 18,000 seats in slow-moving sections – approximately half of which were unsold as of Thursday.
The Jets had said previously there would not be further price reductions, but owner Woody Johnson said the move was motivated by the team’s top priority.
“I think we’re staying with the plan from Day One, which is to be sold out by opening day,” he said. “We thought to ensure that happens we wanted to do this aggressive price cut.”
The affected sections are the lower sideline, lower end zone and mezzanine end zone, areas where the vast majority of unsold PSLs are located. (The Jets did not sell PSLs for seats in the upper deck).
The end zone PSLs will go from $5,000 to $2,500 and the lower sideline will be reduced from $15,000 to $10,000.
Fans who already bought PSLs in those sections will be refunded the difference between prices. And those in more expensive sections will have an opportunity to downgrade to the newly priced areas.
Johnson stressed there is “absolutely no relationship” between PSL sales, which are designated for financing the stadium, and the Jets’ ability to pay players.
“There really isn’t,” he said. “We were in that old stadium for 10 years prior to this and I never had a problem paying players. The PSLs are related to the financing of the building.
“Trying to derive a link between one thing and the other makes no sense.”