A good article on the uncertain future of pro sports. For some context on the business of sports and arenas.
Quote:
...Just five years ago, you thought sports would grow exponentially forever since it was the last televised product that was time sensitive. Now that strength looks like a profound weakness – and it's dangerously out of touch with new purchasing habits.
Sports is something you really enjoy – such as, say, cake – but it can only be bought between 7 p.m. and 10 p.m. If you feel like having cake at 5 o'clock, you're out of luck. Some people are going to decide they'll have ice cream instead.
This won't stop millions from consuming sports and its related products, but many will not do it in a way that boosts league revenue. They'll watch clips on Instagram or they'll argue about the big catch on Reddit. They'll let other people sift through the interesting parts and give them their sports in a digestible format that suits their schedule. Increasingly, they will be resentful of being expected to pay anything for stuff they can find for free on the internet...
https://www.theglobeandmail.com/spor...ticle37461194/
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