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PSLs at new Raiders stadium to cost $20K-$75K

Jul
12
7/12/2018 8:31:52 AM
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Personal seat licenses for premium club seating at the Raiders’ Las Vegas stadium will cost fans between $20,000 and $75,000 apiece, documents obtained by Richard Velotta of the Las Vegas Review-Journal.

In interviews late last month, team officials would not discuss PSL pricing or sales. A team representative confirmed the pricing Wednesday.

Personal seat licenses are agreements that enable fans to buy season tickets. Under the price list obtained by the Review-Journal, the Raiders would generate at least $160 million in revenue based on the estimated 8,000 club seats and “VVIP club seats” available.

The NFL’s Raiders plan to move from Oakland to the Las Vegas stadium in 2020. PSL revenue is a key source of funding for the construction of the $1.8 billion stadium, which received $750 million in Clark County bonds backed by hotel room tax revenue.

On the price list, PSLs for VVIP club seats cost $75,000 each. The next level of club PSLs sell for $35,000 each, and the lowest-level PSLs cost $20,000 for each seat.

Buyers who first submitted $100 deposits for PSLs and season tickets more than a year ago recently began finalizing their purchases. They have the option of financing the cost of their PSLs and their season tickets over several years.

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