Quote:
Originally Posted by 1991 Canadian
Couldn't agree more. I think we are very close to "peak sports" in some markets/leagues. Some of the lower profile leagues/sports have already started declining.
CFL is declining.
The NLL is declining.
Arena football went bankrupt. They have 5 teams left and will likely cease to exist within the next year or two.
Nascar is declining.
Boxing is declining.
UFC is declining.
The only sports leagues in North America that seem to be growing are the NBA, MLS and E-sports. They will hit their peak sooner or later as well.
|
The millennial generation and younger generations going forward seem to be less interested in sports. I use to work part time at company that hired a lot of young 90% college students and they didn’t give a rat ass about the Flames or sports in general. They loved their snapchat, netflix, online games and preferred to spend their time in hipster coffee shops or bars rather then watch or attend a game.
Professional sport leagues will cease to exist in its current format at some point in the near future. E-sports will likely be the dominant league as gaming/virtual reality technology continues to advance and we’ll see a shift in marketing dollars funnelling through these avenues instead.