Question: Re Seat Commitments


(Mike Carrosquilla) #1

Good morning all. I’ve finally relocated to Texas (New Braunfels area) after 10 years and ready to purchase season tickets again.

Question: Are the seat commitments a 1 time fee or are they annual?

Looking to get four tickets in section 300 309 and the seat commitments are $370 + $200 per ticket and just wondering if in future years if my total will be $800 instead of $2,280.

Thank in advance.


#2

The commitment is a required Cougar Pride “donation” and has to be paid every year.


(Thomas Hitchcock) #3

Those fees are due every year. And the exact amounts seem to change a bit every year too.


(Mike Carrosquilla) #4

Thanks for the quick responses guys.


#5

My seat donation changed between 2015 and 2016 because I changed sections. Other than that, they have been steady on the 200 level anyway.


#6

your welcome. I am retired now and the CP donation for my seats are really hurting. I bite the bullet this year but next year I may have to move to cheaper seats.


(RICK LAIRD) #7

Do they send you a parking pass with your season tickets,?


#8

They do, provided your CP level qualifies you for a parking permit.

The CP donation is essentially a way to increase membership. Basically every season ticket holder is a Cougar Pride member. If they did away with the donation requirement they would just roll it up in the ticket price.


#9

Even with the Cougar Pride donation, UH Football is the best sports entertainment value in Houston.


(Kyle) #10

I keep hearing, from CP, that the seat donation is not tax deductible anymore… Is that true? Supposedly, it is due to the new tax law.


(br5exg) #11

My understanding is that this is the case. That’s why there was a push from CP to donate prior to 1 JAN so that it would be tax deductible, which I did.


(Randy ) #12

That’s correct. It’s no longer deductible as a charitable deduction. This changed with tax reform.


#13

As others have said, it is true. But, if you are looking for a charitable donation to make, any CP donation that is not for your sporting event seats is still deductible as a charitable donation.

The rule of thumb is any donation to a charitable organization is deductible unless you get something in return. Because there is a required CP 'donation" to purchase season tickets, that “donation” is not deductible because we get something in return - our season tickets. It really is a part of the season ticket price we just get a warm fuzzy knowing that a chunk is tagged for CP.


#14

Hypothetical - one seat may cost $200 + $200 in CP.

Since the $200 CP is no longer tax deductible, should the seat now be a flat $400?

That would make the seat potentially higher on the open market.

What is the value of a season ticket if half of it is no longer tax deductible?

Question, to create a discussion, what is the best plan moving forward?


(Randy ) #15

It still gets our cougar pride donations higher which is a good thing. It gets looked at for conference realignment.

I don’t see why it matters. It’s $400 either way.


(David) #16

If you are not able to use your tickets to the game, you could potentially recoup more of your cost if the face value of the ticket was higher with a lower CP requirement since everyone has to pay face from UH. I am not sure it would help much but it wouldn’t hurt.


#17

to you and me this seems reasonable but the money to CP and for season tickets go in different accounting buckets. CP money is counted as a donation to the University while the ticket money is counted as operating income.


#18

Which sections offer 3 seats for $600.00 total?


#19

305 306 310 311 329 224 225 233 234
all of these are 125 / 75


(CoogNation_14) #20

Well, I’ll have to plan ahead for that much money. I have one year left with Young Alumni" pricing and I paying 1/3 that for sec 233. It’s going cost me to stay on the second level…worth it. Haha