Quote:
Originally Posted by Locke
And its going to slaughter a whole swath to sports probably starting with Baseball.
The definition of something that people pay for but hardly watch all of the content.
I would think that football and Nascar are going to be relatively alright due to their popularity and the fact that they just have less product.
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It's true that baseball relies on that money. And there are definitely big problems like the Dodgers making 350 million per year on a tv deal that on one can watch! But on the other hand, they have a CBA that allows them the flexibility to curb spending on players salaries. You can see that the owners are starting to anticipated this delay by all the free agents that haven't been signed this year.
MLB also offset a lot of this by starting the very lucrative MLBAM and spinning it off to Disney. MLB also retained all local in market streaming rights to all teams instead of giving them to the teams. It will be interesting to see what their plan is for monetizing that. There's definitely a day of reckoning coming, but I think baseball has better planned for it.
MLB business accumen is a sharp contrast the NHL. Most MLB teams make an 8 figure profit every year, and that number is spread pretty evenly between the large and small markets. The NHL on the other hand has the large market teams making close to 9 figure profits, while the lower third of teams loses money.