Plenty of Seats

The New York Jets face the potential embarrassment of not selling out their home games because of the controversy with the Personal Seat Licenses for season ticket holders. The Giants and the Jets both decided to sell PSL's to help finance the cost of their new $1.6 billion stadium.

In trying to sell the PSL's, both teams suffered cancellations from life-long season ticket holders. The teams have exhausted their decades long waiting list. The Jets have only sold 9,000 of the 18,000 seats covered by their PSL's. The Giants have fared better and have all of their upper bowl seats sold.

In a desperate move, the Jets have slashed their fees which will cost them $47.5 million in revenue. The prices are rather outrageous. The lower end zone has gone from $5,000 to $2,500. The second level has dropped from $4,000 to $2,500 and the lower sideline, between the 10 and 30 yards line, went from $15,000 to $10,000. Refunds will be given to those who paid the higher prices.

Jets owner Woody Johnson, a billionaire, has insisted that the team will not lift the PSL's and sell the tickets game by game. As a result, the nation's number one media market faces the prospect of a blackout for their team's home games.