Quote:
Originally Posted by Strange Brew
I have thought so in the past but what will be the catalyst?
Pro sports team are still rare. The growth in availability of these franchises is much slower than the growth in number of billionaires.
Meanwhile taxpayers are still more than happy to help out most of these teams.
I doubt we see a major correction unless there is some other dramatic economic event.
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I think they're going the path of golf. Super popular, then capitalizing on that by cranking prices, and before you know it kids and young families are priced right out and you've destroyed your future market.