The Las Vegas Raiders announced this week that they have sold out PSLs in Allegiant Stadium, much to the contrary of recent reports.
If you were concerned that the Las Vegas Raiders shiny new stadium would be empty come the 2020 season, the news this week should help alleviate some of those fears. The Raiders announced that they have sold out the personal seat licenses (PSLs) in Allegiant Stadium and sales have increased past the original forecasts by well over $200 million.
For those unfamiliar with the concept, PSLs are a license that fans can purchase which gives them first dibs on purchasing season tickets. These licenses are non-refundable but can be transferred or sold to someone else if the original buyer does not want to buy season tickets anymore.
Many teams such as the Dallas Cowboys and San Francisco 49ers, and others across the major American sports leagues, use PSLs to help finance the construction of new stadiums which is of course what the Raiders are doing. In 2020, the Raiders will move into their brand-new stadium, and fans have been tracking the construction for months now.
Recently, there appeared to be an issue with the roof, though it has been reported that it will not affect the Raiders playing inside the stadium this season. The move to Oakland was a tough one for the fan base in the Bay Area, but their new digs should give Raider Nation a beautiful home for years to come.
In the case of the Raiders, they are using the additional funds raised from the PSL sales to trick out Allegiant Stadium with some fancy features like improved WiFi and an upgraded field club. Their goal is to create a first-class fan experience that we are more used to seeing at AT&T Stadium in Dallas or Mercedes-Benz Stadium in Atlanta than the Oakland-Alameda County Coliseum.
Of course the most important part of a first-class fan experience is the on-field product so while bells and whistles are nice, the X’s and O’s are what really counts. With a talented rookie class, plenty of draft capital, and a wealth of salary cap room, fans buying PSLs will have plenty of reasons to be optimistic when the season kicks off in Allegiant Stadium.