I don’t know how teams will continue to play their players these big contracts especially when some of these owners’ wealth mostly comes from the team itself.
Eventually superstar players have $500 million contracts with team salary caps of $200 million.
It seems like this never-ending quest to make more profits. Profits from stadium concessions and ticket sales can only increase by so much. Eventually they will price out the average fan.
Most fans won’t be able to afford $200 nosebleeds, $100 parking, $50 beers, $20 hotdogs & pretzels.
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When is the last time the United States had sustained deflation?
The average fan was priced out of stadiums a long time ago.
It’s all people with plenty of disposable income or those spending over their heads who go to games now.
Not in New Orleans thank god. Maybe the only team that hasn’t.
Not happening.
They’re only going up.
Also the average fan has already been priced out in many markets. In smaller markets it’s more reasonable, or if the team sucks. It’s not nearly as bad as NFL price wise to see a game though.
In general entertainment events are more of a luxury now than a normal activity.
Been said already but I think it needs to really be made clear, that inflation doesn’t help but hasn’t driven this. This isn’t something that just came to fore in three years. This is a trend, and a trend because valuations have increased across the board. Player, team, league, media. As a result, we’re gonna see that result in player contracts be richer.
More money in the sport now, which isn’t a bad thing.
More likely inflation catches up to NBA contracts the next time the economy crashes
Cord-cutting has been on the rise for over a decade, and that will 100% start to affect sports leagues, as long as they continue to rely on the old RSN model.
Bally’s going bankrupt and defaulting on some of its payments to MLB teams is the first sign. FO guys in capped leagues should seriously be taking into the account the possibility of cap stagnation in the next 10 years.
Most fans won’t be able to afford $200 nosebleeds, $100 parking, $50 beers, $20 hotdogs & pretzels.
NBA money doesn’t come from any of this, it comes from the TV deals the league signs. However with how inflated the streaming market for sports is I wouldn’t be surprised if it stagnates soon
I think we’ll eventually see ESPN and Turner drag themselves kicking and screaming into OTT streaming services that people can subscribe to that don’t require a cable subscription. A lot of regional broadcasters already do this. TSN and Sportsnet in Canada do this. Disney and WBD already have their own streaming services for movies and TV, so maybe they’ll include an add-on for live sports they have the rights to show.
I think they stop going up in the near future unless NBA vastly improves their streaming product.
More people are moving away from TV every day. They’ll certainly hit a point where the TV companies can’t justify the cost. However there is a lot of monetary potential in an inexpensive NBA streaming service without blackouts
I wish Costco owns a team and arena. We don’t have to pay $20 hotdogs
NBA as product’s value goes up. Player contracts go up. So never
Price going up
Value not so much
It’s not about the money it’s about sending a message.
Please go learn about collective bargaining.
When the league makes less money, and/or inflation reverses.
Either the league is worth less, or the currency unit is worth more.