4 ms·

The sports analogy for buying a huge public company's common stock is buying a season ticket. The season tickets are relatively liquid compared with actual team

The sports analogy for buying a huge public company's common stock is buying a season ticket. The season tickets are relatively liquid compared with actual team ownership and the value rises and falls with how well managed the team is and how popular the league is overall. If you bought a NE Patriots season ticket in 2000 and sold it in 2010, you made a pretty penny and you hopefully enjoyed 8*10 NFL games with your friends/family. If you bought a Tennessee Titans season ticket 10 years ago, you can't name your selling price today, but it is still worth hundreds of dollars.

oxide 11y ago
do season tickets never expire? that's pretty neat. I've never thought to look in to how a season ticket actually works, the stock comparison is an interesting one and puts them in a different perspective for me.
- TylerE 11y ago
  Oh no, they expire. Basically, season tickets tend to come in two flavors... For teams with rather low demand (Like, say, southern NHL teams, and most (all?) baseball teams), the season ticket represents a significant discount over single game tickets, and generally are relatively easy to acquire - I had Carolina Hurricanes tickets for a few years, and by the time you add up the steep discount on the tickets themselves, flat rate parking pass (Not included, but again, a steep discount), and not paying any Ticketmaster/"Convienence" fees, it cost me less than half (on a per game basis) what buying single game tickets would cost. At the other end of the spectrum, you have high-demand teams that sell out 99.9% of games, like most Canadian NHL teams, and many NFL teams. There, practically all seats are held by season ticket holders (whose annual season ticket price is usually the same as, or sometimes even HIGHER than (hypothetical, generally not available) single game ticket pricing), and where the "rights" to a season ticket can trade for lots of $$$ (thousands) on the secondary market.... you can't just buy tickets, you have to buy an existing ticket holder's account, essentially. A bit like taxi medallions in NYC.
  - sk5t 11y ago
    Additionally, season ticket holders usually have preference to purchase season tickets for the next year, and the next. Then along come the secondary markets and what seems like easy profit if your team improves.

oxide 11y ago

do season tickets never expire? that's pretty neat. I've never thought to look in to how a season ticket actually works, the stock comparison is an interesting one and puts them in a different perspective for me.

TylerE 11y ago
Oh no, they expire. Basically, season tickets tend to come in two flavors... For teams with rather low demand (Like, say, southern NHL teams, and most (all?) baseball teams), the season ticket represents a significant discount over single game tickets, and generally are relatively easy to acquire - I had Carolina Hurricanes tickets for a few years, and by the time you add up the steep discount on the tickets themselves, flat rate parking pass (Not included, but again, a steep discount), and not paying any Ticketmaster/"Convienence" fees, it cost me less than half (on a per game basis) what buying single game tickets would cost. At the other end of the spectrum, you have high-demand teams that sell out 99.9% of games, like most Canadian NHL teams, and many NFL teams. There, practically all seats are held by season ticket holders (whose annual season ticket price is usually the same as, or sometimes even HIGHER than (hypothetical, generally not available) single game ticket pricing), and where the "rights" to a season ticket can trade for lots of $$$ (thousands) on the secondary market.... you can't just buy tickets, you have to buy an existing ticket holder's account, essentially. A bit like taxi medallions in NYC.
- sk5t 11y ago
  Additionally, season ticket holders usually have preference to purchase season tickets for the next year, and the next. Then along come the secondary markets and what seems like easy profit if your team improves.