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Originally Posted by darklord700
Or the Knicks, the Bulls, the Celtics. There's a podcast saying there's a sports team valuation bubble. The Pistons and the 76ers were both sold below $500M before the lockout season.
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A lot of the sports bubble is based on the RSN bubble. And the Dodgers may prove to be the pin that pops that bubble.
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The deal may turn out to be a tipping point in the escalating costs of sports programming. How the Time Warner Cable deal plays out may affect player salaries, ticket prices and the entire economics of the game.
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http://www.latimes.com/sports/dodger...29-column.html
I think the 2 billion dollar figure is at least partly based on the anticipation of a rich tv deal in the huge southern California tv market. But I don't really see it being that big a windfall with the debacle the Dodger's tv deal is turning into.
The other big boost for valuations is the lowered salary cap. I got to wonder how that will play out in the mindsets of the nba players. The racist owner just pocketed $2 billion because the players agreed to a lower cap. They probably start to see all the owners as the old white men they are getting rich on their backs...