Giants were aware of PSL auction option, but passed
What did the Giants have to say about the Jets' recently concluded PSL auction? Nothing, at least for the record, according to spokesman Pat Hanlon.
That's pretty much what I got out of Jets owner Woody Johnson when I asked three different ways Tuesday whether the Jets have been following how the Giants' PSL plan is going.
Did the Giants ever consider a PSL auction for the teams' jointly owned new stadium? Hanlon e-mailed a statement that read as follows:
We were aware of the auction concept when we made the decision to set a PSL price of $20,000 for those seats and allow the current holder of those seats to have the first opportunity to purchase them . . . Our PSL pricing structure was designed to generate enough revenue to complete our financing on the construction of the stadium while giving every current season ticket holder an opportunity to move into the new building with us."
Auctions aside, a key difference in the Jets' and Giants' PSL offerings is that the Jets give priority based on season ticket seniority, while the Giants give priority based on equivalent seat location in the current stadium.
Check back for much more on this story over the next two years.