So many of those seats are presort, so there are two better metrics to see what is really happening.
Parking revenues, and licensed clothing sales. Both are WAY down, according to folks I know that do both.
If your team is losing its a twofer. Stop watching less pain.
All those empty seats ought to lift the skirts on the sports industry’s dirty little secret: It is a haven for money laundering. Because of the cash nature of many or most ticket sales, sports teams routinely get waivers from the Bank Secrecy Act that requires their banks to report cash deposits over $10,000. Likewise theaters— also mostly empty these days. It may also explain why so many team owners can go year after year losing money on these ventures. Who cares if it is a vehicle to launder other ill-gotten cash into a useable bank account. An enterprising revenuer ought to be able to correlate a teams’s cash deposits with its empty seats, flagging parking revenues and weak apparel sales and come up with probable cause for a money-laundering bust.
I’m an original PSL holder for the Houston Texans. I have two seats, and a parking pass, purchased annually. I am going to try to sell my PSL’s this off-season. The annual cost for the seats and parking is getting too expensive for my soon to be divorced self, not to mention the fact that I’m just not as interested anymore. The politicization, and the fact that I’m late 40’s just means I don’t have the interest anymore.