There has been "general exasperation" with the 49ers, as the market for both tickets and PSLs is "plummeting" in the Bay area, according to C.W. Nevius of the S.F. CHRONICLE. Browsing the marketplace for PSLs, which can be "accessed on the Levi’s Stadium site, is discouraging for potential sellers." On Friday there were "1,825 licenses for sale, representing 4,601 seats." Not only is that an "increase of nearly 800 from last spring," but it also means dozens of licenses are "priced below market rate." Although the 49ers "tout the advantages" of a PSL -- "priority access to other events at Levi’s like concerts and world-class soccer games -- there’s a big caveat: If you don’t sign up for a season, you’re out of luck for good." Many fans got around the high PSL fee "by arranging financing over as many as 10 years." But just two years into the deal, some are "considering stopping payments and walking away." Nevius: "If large numbers of license holders stop making payments, what do the 49ers do? Go after everyone in court?" The PSLs are the "cornerstone" of the $950M the Santa Clara Stadium Authority "put into construction costs." Not only was the stadium "completely sold out" before the '14 season, there "was a waiting list of people who wanted to buy" PSLs and season tickets (S.F. CHRONICLE, 4/16).
