Selling a Giants Personal Seat License (PSL) can be a great way to recover some of your investment if you can no longer attend games or want to upgrade to better seats. While the process takes some time and effort, thousands of fans sell or transfer their PSLs every year. Here are the key things to know about selling Giants PSLs.
What is a Giants PSL?
A Personal Seat License is essentially a contract you make with the Giants to have the rights to buy season tickets for specific seats at Oracle Park for a certain number of years. When the stadium was built in 2000, the Giants sold PSLs as a way to help finance construction. Fans had to purchase PSLs for the right to then buy season tickets in those seats.
PSLs are attached to the seats themselves, not the owner. That means you can sell or transfer your PSL at any time. The PSL remains in effect until 2058 and guarantees you access to tickets for the seats as long as you keep making annual season ticket purchases.
Why sell a Giants PSL?
There are a few common reasons Giants fans decide to sell their PSLs:
- Can no longer attend games due to health, family, or location reasons
- Want to upgrade to better seat locations
- Need money due to job loss or other financial issues
- No longer want to commit to buying full or partial season ticket plans every year
Selling allows you to recoup some of the money you originally invested in the PSL. While you won’t get back what you paid (PSL prices have fallen over the years), you can often get 40-60% of your original cost back.
How much are Giants PSLs worth?
PSL prices vary based on seat location. As a general guide, here are average resale prices as of 2023:
Section | Average Resale Price |
---|---|
Lower Box | $5,000 – $12,000 |
Club Level | $3,000 – $5,000 |
View Level | $1,500 – $3,000 |
Upper View | $500 – $1,500 |
Prices fluctuate each year based on team performance, schedule, and demand. They also depend on specific row and seat numbers. The most coveted field level seats can still command over $10,000 resale.
Where to sell Giants PSLs
There are a few different options when looking to sell your Giants PSL:
PSL Marketplace
The Giants offer an online PSL Marketplace where fans can list their licenses for sale. You set your own asking price. The Giants promote the Marketplace to fans on the season ticket waitlist. There is a 15% sellers fee if/when your PSL sells. But the benefit is the Giants handle all the paperwork and transfer your license directly to the buyer.
Secondary ticket sites
Most large secondary ticket marketplaces like StubHub and Vivid Seats also facilitate PSL sales. You list your PSL just like a ticket. Sites charge around 15% in fees. But you benefit from exposure to their large customer bases of ticket buyers.
Ticket brokers
There are also some ticket brokerages that will buy and sell PSLs. They may make you an offer to buy your PSL outright. Or list it on consignment and take a cut of the final sale price. Do your research to find reputable brokers with experience specifically selling PSLs.
Classified ads
Listing your PSL on Craigslist, Facebook Marketplace or Giants fan forums is also an option. You’ll avoid fees, but will have to handle meeting potential buyers, negotiating deals, and transacting payments yourself.
How to transfer Giants PSLs
Once you find a buyer, you need to officially transfer your Giants PSL into their name. This has to be approved by the Giants and you must fill out a Transfer of Ownership form:
- Complete the Transfer of Ownership form requiring signatures from both parties
- The buyer submits payment for the license transfer fee (currently $250 per PSL)
- You must be paid in full by the buyer before submitting transfer paperwork
- The Giants will process the transfer and approve the new PSL owner
- The buyer will sign a new PSL Holder’s Agreement for the seats
The entire process takes 2-4 weeks. Both parties must have a Giants account to complete the online transfer forms. Make sure to clearly communicate timelines and expectations with the buyer beforehand.
Tips for selling your Giants PSL
Follow these tips to help your PSL sale go smoothly:
- Price it competitively based on current market rates
- Highlight benefits like seat location, historical pricing, playoffs rights
- Be responsive and provide all details buyers may want to know
- Use secure payment methods and execute the transfer promptly
- Consider including season tickets as a bundle to increase value
Also beware of potential scams – never send money before doing some basic vetting of the buyer. Legitimate buyers will ask questions and be eager to complete the transfer officially.
Conclusion
Selling a Giants PSL is very doable if you price it right and market it effectively. While not as lucrative as when the stadium first opened, you can still recoup a good portion of your original investment. Patience and persistence are key. Use the official Giants PSL Marketplace along with other sites to maximize your options. With thousands of fans on the season ticket waitlist, there is always demand for PSLs at Oracle Park.