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face value = $400. He's cuttin' ya a deal.
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Actually face value printed on the tickets is $50 each. The tradition fund fees for that section are $115 per ticket per game. If you consider tradition fund fees + the price of the ticket face value, that cost would be $165 per ticket. That is what was actually paid for them unless they are TAF seats. If they are TAF seats there is no telling how much they actually cost, but the price printed on the ticket is still $50.