[Bette]

SOB's (Seat Option Bonds) will be used to help pay for the team's portion of the $1 million stadium.
The Cowboys revolutionized stadium financing in the late 1960's with its Seat Option Bonds to help pay for their home in Irving,Texas. Fans bought $250 options which guaranteed them a chance to buy tickets and then were able to redeem the options in 40 years for $300.




Cowboys to use seat licenses to help finance stadium | Dallas Morning News | News for Dallas, Texas | SportsDay: Football: Cowboys

[vincesanity82]

you had me with SOB,lol..

[Bette]

Originally Posted by vincesanity82

you had me with SOB,lol..

Vince, what were you thinking of????? lol

[vincesanity82]

Originally Posted by Bette

Vince, what were you thinking of????? lol

I was gonna be like well if theyre SOB's why did they help pay the stadium..

[ThePundit]

Guaranteed them "a chance" to buy tix? What does that mean exactly?

[Bette]

Originally Posted by ThePundit

Guaranteed them "a chance" to buy tix? What does that mean exactly?

It always bothered me that I couldnt find the answer to your question. I really dont understand this stuff but I think this is the answer to your question.



Jones said the Cowboys also would sell personal-seat licenses, a one-time fee for the right to buy season tickets that NFL teams use to finance stadiums.
``When Texas Stadium was built in 1971, our fans paid about $1,200 or $1,500 dollars a seat for the right to keep that seat for the stadium's life,'' Jones said. ``They turned out to be very marketable and they went as high as $20,000 a seat probably 15 or 20 years later. So they were a good investment.''

Bloomberg.com: North American