Fewer and fewer and fewer televised sports?

Heinz Field 16Aug2015

Impossible! you say.

CBS Sports begs to differ.

It might seem far-fetched at first to go from a world in which leagues, teams and players are making sky-high piles of money to players and owners at war with each other over a shrinking pie. But as with any market downturn, the first sign of trouble can occur when everything looks too good to be true.

“The sports market is in a bubble,” said Andrew Zimbalist, a sports economist at Smith College. “It’s been a perfect storm of factors that have contributed to higher rights fees in the last two decades.”

Advertisements
This entry was posted in money and sports. Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s