The Sports Bubble Is About to Pop

12/30/2015

This article discusses the growth and potential impending burst of the sports industry's economic bubble. It highlights various factors contributing to the bubble, including escalating athlete salaries, skyrocketing ticket prices, and increasing demands for new stadiums and arenas. The article also explores how television networks and media rights deals have played a significant role in driving up the cost of sports. The author argues that the increasing financial strain on sports franchises, coupled with changes in the way people consume content, may lead to a correction in the industry. Overall, the article provides insights into the economic challenges facing the world of sports.

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