Giant, Jet PSLs Bigger Scam Than 'Junk Fees'

TRENTON - Mikie Sherrill certainly is on safe political ground in leading the fight against "junk fees."
It really is hard for anyone to defend the practice of, say, a deli adding a five percent credit card charge or an apartment owner charging $40 to clean out a refrigerator.
The governor cited both those examples Monday in announcing her looming crackdown on junk fees. Officially, these are so-called convenience fees and handling fees tacked onto everyday bills.
Sherrill framed her approach as standing up to "greedy corporations."
Specifically, she signed an executive order empowering state agencies to examine junk fees enacted by businesses that they regulate. The agencies have three months to report how these fees can be eliminated.
Jennifer Davenport, the Attorney General, spoke of bad actors tricking consumers by offering one price for a service and then adding on "junk fees."
As Sherrill noted, "It's just something we have all experienced."
Politics is everywhere these days, but as noted, you have to think getting rid of junk fees is something 80 percent of the people would support.
Listening to the governor, one's mind wandered to a rather large "junk fee" in New Jersey that may not be on the governor's radar, but it should.
Ever since the opening of MetLife Stadium in 2010, both the Jets and the Giants have sold "personal seat licenses," or PSLs.
They are now common with new stadiums across the country. They are also an incredible scam.
Most fans buying season tickets must also buy a "license," to earn the right to sit in a seat. Costs begin at around $1,000 and go up from there.
All seats for the Giants are covered by PSLs, while only lower level seats for the Jets are included.
This is a one-time fee, but that does not make it any better.
Keep in mind that fans also have to buy tickets to the games. When this idea began, it was sold as a way for fans to "own" their seat.
Obviously, owning a seat means nothing unless there is a game being played.
PSLs are more of a large-scale scam than a conventional junk fee. But if the Sherrill Administration truly wants to review how average New Jerseyans are getting ripped off, it should look at what the Jets and Giants are doing at MetLife.
