06/14/04  Curious about Personal Scam Licenses at Texas Stadium

Why is nobody talking about the money to be gotten from the sales of Personal Scam Licenses.

Until the DMN mentioned that the PSL's were due to expire in 2008 at Texas Stadium, that was the first I'd heard of them.

Right after that, in a letter to the DMN Editor and an article on DallasArena.com, Darrell Jordan and Richard Knight mention how much can be gotten from the *future* sales of PSL's emerges.

What I'm not clear on is just how many people would pony up 10k for something 5 or more years away. That seems to be a sticking point in my mind.

From the other perspective, it is entirely possible that JJ is looking for the income from those to finance his end of things.  From what little I gathered, JJ can get $150 million from the NFL and expected to get $425 million from his cronies in Dallas county (who apparently have disappointed him).  Had his plan worked, that leaves about $50 million or so, which he could
cover easily just on ad revenues.

He's not really expecting any of this to come out of his pocket and looking to keep the loot from the PSL's.

That's been the MO for quite a few teams these days.  When the PSL strategy was first "offered", it was for use in constructing or renovating a stadium.  It appears that's not the case anymore.

See the Eagles for more on that. They just started tacking on PSL's, and their stadium is already built.

I was under the mistaken impression that the PSL was a "license" for life, at least the life of the team and/or stadium.  It appears there's a shelf life on these puppies and that they can be "reissued" again.

I still don't know how long the Cowflops would be committed to staying at the UnFair park site or what "escape" clauses are expected.

All I see is a scam with the license money as ransom for the next round of price hikes on tickets.

As a taxpayer who may get nailed for the lion's share of the Jonestown Stadium's cost, I can only shake my head.

If they're ticked off now, wait until Dallas taxpayers find out that the NFL will be a pay for view item in the next 10 years or so.
 
You want to watch the JJ's Boyz play 5 years from now? That'll be 6.95 plus tax, please.

The DMN also wants money for their online coverage of the Cowflops to the tune of 60 bucks a year.  You can get the same stories free from the FW Star Telegram for free, so I'm not sure how that's going over.  You have to question the integrity of a paper with a financial stake on the fate of the Cowflops.