Supply and demand is exactly the reason NOT to buy season tickets at these prices. The supply on the secondary market is high and the demand is low. I am a season ticket holder and would like to keep it that way, but what I am not is a sucker and that is what SMU is taking me for.
I actually think that the demand in the upper levels is going to increase from people in the lower bowls moving up from the lower bowl or loge. They realize their is not a bad seat in Moody and they are going to see the value in NOT paying the premium to be down low.
I just think this re-seat is too early and that they underestimate the battered fan syndrome that this fanbase possesses.
better question is whether there is any remaining justification for donor levels at all since donations are now non-deductible-its an archaic system that needs to be re-thought now that the real basis for it no longer exists.
"With a quarter of a tank of gas, we can get everything we need right here in DFW." -SMU Head Coach Chad Morris
When momentum starts rolling downhill in recruiting-WATCH OUT.
There are some in this thread complaining about ticket prices but most are complaining about the re-seating. People can disagree about the increase in prices. I will say I think SMU is Getting a bit out in front of their skis on price given how often tickets get used (which has definitely declined over the last 3 years), that SMU basketball is not the "new" thing in Dallas anymore, and we have been successful but not hugely successful. They have raised prices before and the market will bear it or it wont. It would also be typical SMU to mess up easily one of the best home court advantage environments in all of D1 basketball to placate old donors and to make more money.
The other issue is the re-seating which is a separate issue from price. SMU saying pay us more with no guarantee of your seat, says we care more about larger donors and executing a one time cash grab rather than long term loyalty from fans. That is what stings and what I think is upsetting people on this board.
Stallion wrote:better question is whether there is any remaining justification for donor levels at all since donations are now non-deductible-its an archaic system that needs to be re-thought now that the real basis for it no longer exists.
You can still deduct charitable donations, the issue is that there is a much larger standard deduction so more people will not itemize. But most people give because they want to give, not because of a huge tax benefit. Anyone with that large of a donation will likely still itemize.
Pony_Law wrote:There are some in this thread complaining about ticket prices but most are complaining about the re-seating. People can disagree about the increase in prices. I will say I think SMU is Getting a bit out in front of their skis on price given how often tickets get used (which has definitely declined over the last 3 years), that SMU basketball is not the "new" thing in Dallas anymore, and we have been successful but not hugely successful. They have raised prices before and the market will bear it or it wont. It would also be typical SMU to mess up easily one of the best home court advantage environments in all of D1 basketball to placate old donors and to make more money.
The other issue is the re-seating which is a separate issue from price. SMU saying pay us more with no guarantee of your seat, says we care more about larger donors and executing a one time cash grab rather than long term loyalty from fans. That is what stings and what I think is upsetting people on this board.
I agree that many are upset about the process and the money grab. And I won't renew my season football and basketball tickets. I have a hard time getting anyone to go to football games (even my son, an SMU grad). I just bought them to support the program.
Stallion wrote:better question is whether there is any remaining justification for donor levels at all since donations are now non-deductible-its an archaic system that needs to be re-thought now that the real basis for it no longer exists.
You can still deduct charitable donations, the issue is that there is a much larger standard deduction so more people will not itemize. But most people give because they want to give, not because of a huge tax benefit. Anyone with that large of a donation will likely still itemize.
Not true. The standard deduction part is accurate. Still being able to deduct charitable contributions is accurate, but the new law specifically eliminates the ability to deduct any part of donations required for the "right" to buy season tickets. For 2017, we can deduct 80% of the required donations. For 2018, none of those donations are deductible.
Pony_Law wrote:There are some in this thread complaining about ticket prices but most are complaining about the re-seating. People can disagree about the increase in prices. I will say I think SMU is Getting a bit out in front of their skis on price given how often tickets get used (which has definitely declined over the last 3 years), that SMU basketball is not the "new" thing in Dallas anymore, and we have been successful but not hugely successful. They have raised prices before and the market will bear it or it wont. It would also be typical SMU to mess up easily one of the best home court advantage environments in all of D1 basketball to placate old donors and to make more money.
The other issue is the re-seating which is a separate issue from price. SMU saying pay us more with no guarantee of your seat, says we care more about larger donors and executing a one time cash grab rather than long term loyalty from fans. That is what stings and what I think is upsetting people on this board.
Yes, to be clear, I do not have an issue with raising ticket prices annually as long as it is market competitive. I have an issue with the donation levels and the re-seat. It is going to cost SMU fans as well as a competitive advantage in the arena.