Rights to Season Tickets?????? - The Orange Mane

BBB1980 · 05-26-2006, 05:39 PM

OK this is serious question. If someone was to put a price on the rights to season tickets (3) in section 505, what would that price be

?? I am not sure of the priority number, but well over 17,000

Thanks for any input

orange crusher · 05-26-2006, 05:41 PM

Quote:

Originally Posted by BBB1980

OK this is serious question. If someone was to put a price on the rights to season tickets (3) in section 505, what would that price be

?? I am not sure of the priority number, but well over 17,000

Thanks for any input

Can the rights be sold? I didn't think that was allowed anymore.

BBB1980 · 05-26-2006, 05:47 PM

This is a Divorce situation, and my bro does not want to just sign the rights over to his soon to be ex , we are negotiating for other things......

Meck77 · 05-26-2006, 05:48 PM

Quote:

Originally Posted by BBB1980

OK this is serious question. If someone was to put a price on the rights to season tickets (3) in section 505, what would that price be

?? I am not sure of the priority number, but well over 17,000

Thanks for any input

I hate to tell you this but the answer is $0.00. The rights cannot be sold anymore. Bowlen did away with that in 2000. That's when the final push by the scalpers happened and they hammered the market. I talked to alot of people who were offering them up for sale yet the scalpers were jacking up the prices so high I refused to pay the price. I'm glad I did. I've managed to get tix for every game without technically owning the rights to a seat and saved alot of money. At that time people were asking a couple grand a seat.

In my opinion had the Broncos not changed the rules in regards to the transfering of ticket rights you'd have alot more Broncos fans owning those seats instead of the scalpers.

I forget the exact verbabe but you can only transfer season tickets directly to family members now.

orange crusher · 05-26-2006, 05:53 PM

Quote:

Originally Posted by Meck77

I forget the exact verbabe but you can only transfer season tickets directly to family members now.

I think you're right and you either have to die or go bankrupt to do that, neither of which is really a desirable option.

BBB1980 · 05-26-2006, 05:53 PM

Thanks Meck.

I guess the two of them will have to haggle it out with the attorney. There has to be a value that can given in these types of situations.

Just hate to bring it to the attorney, heck his time alone is more than the cost of the tickets.

The Divorce is starting to get ugly now that they are fighting over the Broncos TIX and the cats.

ak1971 · 05-26-2006, 05:55 PM

Quote:

Originally Posted by BBB1980

Thanks Meck.

I guess the two of them will have to haggle it out with the attorney. There has to be a value that can given in these types of situations.

Just hate to bring it to the attorney, heck his time alone is more than the cost of the tickets.

The Divorce is starting to get ugly now that they are fighting over the Broncos TIX and the cats.

Well it does look like your a direct family member. Why dont you transfer them for $1

orange crusher · 05-26-2006, 05:56 PM

Quote:

Originally Posted by ak1971

Well it does look like your a direct family member. Why dont you transfer them for $1

I don't think it's that easy AK. See above.

Meck77 · 05-26-2006, 05:56 PM

Quote:

Originally Posted by BBB1980

This is a Divorce situation, and my bro does not want to just sign the rights over to his soon to be ex , we are negotiating for other things......

Ok that changes the story. I'm not a divorce lawyer but I'll take a shot at this. Since your bro is techinically a season ticket holder and is simply transferring soul ownership to his now current wife I'd say there is definetly a few thousand dollars in value. My guess is your bro is leaving Denver otherwise he'd probably want to keep the tickets. With that being said the "right to buy" tickets at face value for Broncos home games is probably worth the family car. I'll send you the bill.

Pendejo · 05-26-2006, 05:59 PM

Mr. Chatterboodamn has said that he works in divorce law. Send him a pm, and maybe he'll have some input.

orange crusher · 05-26-2006, 06:00 PM

This might help, it's right off the Broncos website:

Except as expressly set forth in this section, season tickets and season ticket accounts are nontransferable, including without limitation assignment or transfer to a third-party, change of names (except upon submission of a marriage certificate or court order evidencing the same), or purported assignments to an 'in care of' status. A Season Ticket Account Holder may not either voluntarily or by operation of law, assign, encumber, sublicense, or otherwise transfer a Season Ticket Account (collectively, 'Transfer'), EXCEPT that a Season Ticket Account Holder shall be permitted to Transfer a Season Ticket Account (i) to an Affiliate (defined below) if the Account Holder is a partnership, corporation or limited liability company (in which case the account must be transferred in its entirety); or (ii) to Immediate Family Members (defined bellow) if the Account Holder is an individual by reason of gift or death only (in which case the account may be transferred in whole or in part; provided, however, that if less than all of the seats in an account are transferred, the transferring party must designate which party is to be assigned the present priority number and the other party will be assigned a new priority number). For purposes of this section, 'Affiliate' means any entity controlling, controlled by or under common control (directly or indirectly) with the Season Ticket Account Holder ('control' shall mean the ownership of more than 50% of the controlled or controlling entity) and 'Immediate Family Members' means a parent, spouse, child or sibling. Season Ticket Accounts shall not be deemed to be property of an estate in bankruptcy and are not transferable under the United States Bankruptcy Code. In the event that a Season Ticket Account Holder files for protection under any chapter of Bankruptcy Code, the subject Season Ticket Account shall immediately become void and of no further force and effect, and the Broncos shall be entitled to resell the Season Ticket Account to a third-party in its sole and complete discretion.
If the Season Ticket Account Holder of Record is deceased, the court appointed Personal Representative may transfer the tickets to one or more of the deceased Season Ticket Account Holder's Immediate Family Members as defined above. The Personal Representative must provide documentation by the courts authorizing him or her to act in that capacity and information or documentation to demonstrate that the Proposed Account Holder is an Immediate Family Member.

BBB1980 · 05-26-2006, 06:01 PM

Thanks again Meck, that is what I am trying to get at. It's a battle between them. He just does not want to give them to her without her giving something back.

It's a battle between a 4 wheeler and the tickets. So it sounds like a fair trade.

He gets the 4 wheeler and she get's the tickets.

I'll make the payment for your legal services at the first pre-season or home game, which ever I see you at first.

How was the trip?

orange crusher · 05-26-2006, 06:04 PM

Quote:

Originally Posted by BBB1980

He gets the 4 wheeler and she get's the tickets.

"Screw that, you can have the 4 wheeler!" - that would be my reaction if I was your brother.

BBB1980 · 05-26-2006, 06:05 PM

Quote:

Originally Posted by orange crusher

"Screw that, you can have the 4 wheeler!" - that would be my reaction if I was your brother.

dumpy · 05-26-2006, 06:16 PM

Quote:

Originally Posted by orange crusher

"Screw that, you can have the 4 wheeler!" - that would be my reaction if I was your brother.

Quote:

Originally Posted by BBB1980

I don't think he was kidding around. If it came to my wife and my season ticket, well... there would be a very long thought process, let alone deciding between a 4-wheeler and the tickets.

Meck77 · 05-26-2006, 06:18 PM

Quote:

Originally Posted by BBB1980

Thanks again Meck, that is what I am trying to get at. It's a battle between them. He just does not want to give them to her without her giving something back.

It's a battle between a 4 wheeler and the tickets. So it sounds like a fair trade.

He gets the 4 wheeler and she get's the tickets.

I'll make the payment for your legal services at the first pre-season or home game, which ever I see you at first.

How was the trip?

It was great thanks.

Here is how I'd break the numbers down to her. The value of those season tickets really is the difference of how much she would pay getting scalped each game indefinetly.

Since I'm working on your bros behalf here I'll break it down like this.

It's reasonable to assume that a scalper would charge $20-$30 more per seat for an upper level seat. To be fair I'll use a $25 per seat premium to the damn scalper. $25 x 3 seats=$75.00 a game! $75 game x 10 home games= $750 year!

I don't know how old the soon to be ex is but lets say she goes to the Broncos game for the next 40 years! Without taking inflation into account $750x 40 years= $30,000 in value!!! Whoops I forget to take into account playoff tickets and the possibility of getting superbowl tickets at face value! That's huge! The Broncos are going to kick ass over the next 40 years. Add another $20,000 in playoff/Sb ticket savings. We'er talking $50,00 bucks in value! Forget the quad she owes him 50k for those 3 tickets!

In reality though the right to buy tickets at face value is real nice and over the long run will save her a bunch of money. That is how I'd explain it. It's not uncommon to be able to buy someones season tickets for face value or close to face value which throws my number out of wack....lol

I'd say it's very reasonable to swap the quad and tell her to throw in the cats. I'm real attached to my damn cats and would be bumbed to lose one.

BBB1980 · 05-26-2006, 06:35 PM

I love it, I talked to him and told that if truely does not want the tickets anymore that the 4 wheeler and he kep tthe house was worth the rights to the tickets.

Just told him to get them transferred to her name before the Divorce was final.

My DH would never even dream asking me to give up the tickets, he knows better.

Thanks everyone for all your input.

CAN'T WAIT FOR THE FIRST GAME

05-26-2006, 05:39 PM	#1
BBB1980 Solid Starter Join Date: Dec 2005 Location: Centennial CO Posts: 146 Adopt-a-Bronco: Brandon Marshal	Rights to Season Tickets?????? OK this is serious question. If someone was to put a price on the rights to season tickets (3) in section 505, what would that price be?? I am not sure of the priority number, but well over 17,000 Thanks for any input

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05-26-2006, 05:47 PM	#3
BBB1980 Solid Starter Join Date: Dec 2005 Location: Centennial CO Posts: 146 Adopt-a-Bronco: Brandon Marshal	This is a Divorce situation, and my bro does not want to just sign the rights over to his soon to be ex , we are negotiating for other things......

05-26-2006, 05:53 PM	#6
BBB1980 Solid Starter Join Date: Dec 2005 Location: Centennial CO Posts: 146 Adopt-a-Bronco: Brandon Marshal	Thanks Meck. I guess the two of them will have to haggle it out with the attorney. There has to be a value that can given in these types of situations. Just hate to bring it to the attorney, heck his time alone is more than the cost of the tickets. The Divorce is starting to get ugly now that they are fighting over the Broncos TIX and the cats.

05-26-2006, 05:59 PM	#10
Pendejo The off-season. Join Date: Nov 2004 Posts: 2,945 Adopt-a-Bronco: "The Greek"	Mr. Chatterboodamn has said that he works in divorce law. Send him a pm, and maybe he'll have some input.

05-26-2006, 06:00 PM	#11
orange crusher Predominately Orange Join Date: Mar 2004 Location: Rapid City, SD Posts: 2,563	This might help, it's right off the Broncos website: Except as expressly set forth in this section, season tickets and season ticket accounts are nontransferable, including without limitation assignment or transfer to a third-party, change of names (except upon submission of a marriage certificate or court order evidencing the same), or purported assignments to an 'in care of' status. A Season Ticket Account Holder may not either voluntarily or by operation of law, assign, encumber, sublicense, or otherwise transfer a Season Ticket Account (collectively, 'Transfer'), EXCEPT that a Season Ticket Account Holder shall be permitted to Transfer a Season Ticket Account (i) to an Affiliate (defined below) if the Account Holder is a partnership, corporation or limited liability company (in which case the account must be transferred in its entirety); or (ii) to Immediate Family Members (defined bellow) if the Account Holder is an individual by reason of gift or death only (in which case the account may be transferred in whole or in part; provided, however, that if less than all of the seats in an account are transferred, the transferring party must designate which party is to be assigned the present priority number and the other party will be assigned a new priority number). For purposes of this section, 'Affiliate' means any entity controlling, controlled by or under common control (directly or indirectly) with the Season Ticket Account Holder ('control' shall mean the ownership of more than 50% of the controlled or controlling entity) and 'Immediate Family Members' means a parent, spouse, child or sibling. Season Ticket Accounts shall not be deemed to be property of an estate in bankruptcy and are not transferable under the United States Bankruptcy Code. In the event that a Season Ticket Account Holder files for protection under any chapter of Bankruptcy Code, the subject Season Ticket Account shall immediately become void and of no further force and effect, and the Broncos shall be entitled to resell the Season Ticket Account to a third-party in its sole and complete discretion. If the Season Ticket Account Holder of Record is deceased, the court appointed Personal Representative may transfer the tickets to one or more of the deceased Season Ticket Account Holder's Immediate Family Members as defined above. The Personal Representative must provide documentation by the courts authorizing him or her to act in that capacity and information or documentation to demonstrate that the Proposed Account Holder is an Immediate Family Member.

05-26-2006, 06:01 PM	#12
BBB1980 Solid Starter Join Date: Dec 2005 Location: Centennial CO Posts: 146 Adopt-a-Bronco: Brandon Marshal	Thanks again Meck, that is what I am trying to get at. It's a battle between them. He just does not want to give them to her without her giving something back. It's a battle between a 4 wheeler and the tickets. So it sounds like a fair trade. He gets the 4 wheeler and she get's the tickets. I'll make the payment for your legal services at the first pre-season or home game, which ever I see you at first. How was the trip?

05-26-2006, 06:35 PM	#17
BBB1980 Solid Starter Join Date: Dec 2005 Location: Centennial CO Posts: 146 Adopt-a-Bronco: Brandon Marshal	I love it, I talked to him and told that if truely does not want the tickets anymore that the 4 wheeler and he kep tthe house was worth the rights to the tickets. Just told him to get them transferred to her name before the Divorce was final. My DH would never even dream asking me to give up the tickets, he knows better. Thanks everyone for all your input. CAN'T WAIT FOR THE FIRST GAME