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re: Latest revenue numbers
Posted on 7/3/18 at 9:08 am to scrooster
Posted on 7/3/18 at 9:08 am to scrooster
Yep, any AD showing a big profit is doing a poor job of growing for the future. The money needs to be spent as none of these AD’s are for profit ventures. Cutting back on spending is only helpful if the cutbacks are targeted at wasteful spending. Money should be spent on facilities and salaries for coaches and support staff, and spend as much as possible.
That said, this bubble is gonna pop soon. When the TV rights come back up for bid ESPN will no longer be in a position to outbid every other network. The SEC Network, as currently exists, may go away.
We may be trending towards a future where every non-marquee sports event is purchased a la carte. When that happens we’ll see how much revenue all those people who had to pay for ESPN as part of basic cable package (at $10.00 per month) were adding to the sports revenue pie. It’s a frick ton of money that may soon be leaving sports.
That said, this bubble is gonna pop soon. When the TV rights come back up for bid ESPN will no longer be in a position to outbid every other network. The SEC Network, as currently exists, may go away.
We may be trending towards a future where every non-marquee sports event is purchased a la carte. When that happens we’ll see how much revenue all those people who had to pay for ESPN as part of basic cable package (at $10.00 per month) were adding to the sports revenue pie. It’s a frick ton of money that may soon be leaving sports.
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