Kevin Liles-US PRESSWIRE - Presswire
Fact: roses are red, violets are blue, football is expensive, but what can you do?
You'd think the answer is no. But if one proposal is implemented, even the most die-hard Falcoholics could shy away from season tickets.
Channel 2 Action News has learned seat licenses are on the table as an option to help pay for a new stadium. The facility, which would replace the Georgia Dome, has an estimated cost of $1.2 billion.
If you're like me, then this is not a familiar concept.
Seat licenses are a one-time fee that fans pay for the right to buy football season tickets or tickets to any other public event in the building. The license for one seat can cost tens of thousands of dollars and it can be sold to another person.
It's basically money you must pay for permission to purchase a season ticket package. Once you have permission, then you're more or less set going forward. In other words, the licensing fee isn't assessed yearly. And the license itself is transferable. There's no limits on the profit you can make. Buy it for $200? Feel free to sell it for $500.
The Falcons don't use these currently. To be fair, this is only one proposal; one of several proposals. Still, one has to think this could have ramifications. In particular, it could dissuade certain fans from purchasing season tickets. On the flip side, many NFL teams operate this way, and generally speaking, they aren't struggling to find paying customers.
Curious what y'all think. The possibility of a new stadium has already created a contentious debate, especially given the estimated cost. Arguably this type of thing could happen at any point, however, when you're trying to pay for a new stadium, it presents as a workable program.