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Not good news for baseball
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Not good news for baseball
https://sports.yahoo.com/mlb-debt-total ... 24645.html
ARLINGTON, Tex. – Major League Baseball’s 30 clubs have amassed an unprecedented $8.3 billion of debt from their various lenders and will suffer $2.8 billion t...
Anither year of lockdowns and reduced attendance might mean the end of major league baseball. The sport was struggling with attracting new fans before the pandemic. One more season of social distancing could do it in.
I haven't seen numbers for other sports, but i have to believe they are struggling, too.
ARLINGTON, Tex. – Major League Baseball’s 30 clubs have amassed an unprecedented $8.3 billion of debt from their various lenders and will suffer $2.8 billion t...
Anither year of lockdowns and reduced attendance might mean the end of major league baseball. The sport was struggling with attracting new fans before the pandemic. One more season of social distancing could do it in.
I haven't seen numbers for other sports, but i have to believe they are struggling, too.
Eutaw St. Aggie
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Re: Not good news for baseball
I am not a big baseball game, but enjoy going to the occassional game when visiting cities. I would be sad to see it go away.
- brownjeans
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Re: Not good news for baseball
I like to attend games and I like playoff baseball. I never watch it on TV during the regular season.
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Re: Not good news for baseball
The MLB isn't going anywhere, but the pandemic has certainly been really bad for all sports outside of the NFL.
- Real Life Aggie
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Re: Not good news for baseball
Professional sports are a game of economics. If fewer people watch them, it doesn't mean they'll go away, but it will mean some changes if this becomes long-term. Player salaries would need to be reduced commensurate to the reduction, GMs would have to (eventually) see salary reduction, venues would cease to grow bigger, more convenient, and more impressive. Ballpark hotdogs would cost $80/dog instead of $50. Potential players might begin to consider other sports instead of baseball.
- Real Life Aggie
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Re: Not good news for baseball
I mean, not to bag on the WNBA, but it doesn't have many viewers or as large/ingrained of a fan base, and it's still around. But they don't get paid much because not many people watch. More viewers = more money.
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Re: Not good news for baseball
Baseball is a little different animal than most other sports. Player development takes longer, in most cases. While a kid can be mostly ready to compete in basketball, soccer, golf, football, etc. at age 18 or 19, that doesn't necessarily hold true for baseball players. Baseball requires a large minor league system to develop players and weed out the elite from the "pretty good". Fringe players may spend years in the minor leagues and even get called up and sent back down multiple times before they really develop to the point of sticking around. Maintaining an extensive minor league system and a network of scouts looking at high school, college, and international players to draft is expensive. I don't think that baseball will necessarily go away any time soon, but it is definitely feeling a financial pinch right now and will take some time to recover. This is coming on the heels of a sport that is declining in popularity with young people. Maybe we'll see salaries stay stagnant for a while? Maybe we'll see contraction with smaller market teams folding up? They have already eliminated some levels of minor leagues and terminated those teams.
Eutaw St. Aggie
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Re: Not good news for baseball
Yeah, I don't think anyone is denying it is not a big hit for the sport. Only 60 games and no fans for a whole year (and only 10,500 for major playoff games) is an absolute killer financially. This is devastating across the board. Other than the NFL, the financial ruin of college and professional sports will be massive. I am curious in how it affects salaries going forward.
Last edited by Aggie formerly in Hawaii on October 27th, 2020, 6:05 pm, edited 1 time in total.
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Re: Not good news for baseball
The WNBA is only around because the NBA keeps it around. It loses something like 10 million a year on average. It is basically good PR for the NBA.Real Life Aggie wrote: ↑October 27th, 2020, 3:58 pmI mean, not to bag on the WNBA, but it doesn't have many viewers or as large/ingrained of a fan base, and it's still around. But they don't get paid much because not many people watch. More viewers = more money.
This post is likely straight up poor sarcasm and cannot be taken seriously.