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Financial Bubble
Posted on 2/19/20 at 10:29 am
Posted on 2/19/20 at 10:29 am
How many of ya'll think there is a bubble coming for college sports? Money has been growing significantly in the past 10 years and looks to continue short term. But with some of ESPN's problems with declining viewership, CTE issues in football, and millennial's not as interested in sports, is it going to go down? AD's are spending a lot of money right now, but it is not guaranteed to continue. Maybe Fox, CBS, or some other outlet will infuse money, but it is a risk.
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Posted on 2/19/20 at 10:31 am to Auburn80
quote:
millennial's not as interested in sports
Learn what a millennial is, then we can have a real discussion.
Posted on 2/19/20 at 10:31 am to Auburn80
Gonna be hard for Kirby to afford those recruits once the bubble pops
Posted on 2/19/20 at 10:34 am to Auburn80
Isn't Disney about to give the SEC $300m?
Posted on 2/19/20 at 10:35 am to ThaiTiger24
quote:
Gonna be hard for Kirby to afford those recruits once the bubble pops
Friendly reminder that the coach before Kirby beat the dog shite out of Auburn too.
This post was edited on 2/19/20 at 10:36 am
Posted on 2/19/20 at 10:37 am to Flexo
quote:
Learn what a millennial is, then we can have a real discussion.
Go ahead and educate me.
Posted on 2/19/20 at 10:39 am to Auburn80
It isn't just with college sports. Pro sports leagues - minus the NBA - are seeing attendance declines. And college enrollment is declining.
I think when Amazon, Google, and other streaming services really decide to enter the sports broadcasting market you'll see a bump in revenue, but then that will fade if a sustainable model isn't adopted. Generational shifts (like Baby Boomers moving to fixed incomes with less disposable money for entertainment) are going to really hamper finding a that new paradigm.
I think when Amazon, Google, and other streaming services really decide to enter the sports broadcasting market you'll see a bump in revenue, but then that will fade if a sustainable model isn't adopted. Generational shifts (like Baby Boomers moving to fixed incomes with less disposable money for entertainment) are going to really hamper finding a that new paradigm.
Posted on 2/19/20 at 10:41 am to Auburn80
I think the cost of admission is having an adverse effect. Youve got to be able to afford to go or take your kids to games to cultivate the next generation.
The reality is all these TV deals are predicated on population because all of the non sports fans out there subsidize sports programming. You can get all the cable channels sans sports on Philos or Fubo or whatever the hell it is for like $15/month (ballpark...google it for facts.)
For me, the reality is in a few weeks I wont need cable, just MLB.TV. Then in the fall, whatever gets me UK ganes. Right now Hulu, but I'm going to change.
Anyway, point being, most people nowadays are making a lot of their viewing decisions in a similar manner. But young kids and what not fall in love by going to the games. And cost of attendance is absurd for pretty much everything except mid level MLB seats.
The reality is all these TV deals are predicated on population because all of the non sports fans out there subsidize sports programming. You can get all the cable channels sans sports on Philos or Fubo or whatever the hell it is for like $15/month (ballpark...google it for facts.)
For me, the reality is in a few weeks I wont need cable, just MLB.TV. Then in the fall, whatever gets me UK ganes. Right now Hulu, but I'm going to change.
Anyway, point being, most people nowadays are making a lot of their viewing decisions in a similar manner. But young kids and what not fall in love by going to the games. And cost of attendance is absurd for pretty much everything except mid level MLB seats.
Posted on 2/19/20 at 10:42 am to Auburn80
quote:
But with some of ESPN's problems with declining viewership
WGAS? Once streaming services start bidding for TV deals,they'll dwarf what ESPN is paying.
You think the bubble is big now?Just what till the NEXT round of TV contracts (after the one in '22 is done)
Posted on 2/19/20 at 10:42 am to I Bleed Garnet
quote:
Isn't Disney about to give the SEC $300m?
Just imagine what we could get if the SEC had competent leadership.
Posted on 2/19/20 at 10:44 am to Auburn80
quote:
How many of ya'll think there is a bubble coming for college sports? Money has been growing significantly in the past 10 years and looks to continue short term. But with some of ESPN's problems with declining viewership, CTE issues in football, and millennial's not as interested in sports, is it going to go down? AD's are spending a lot of money right now, but it is not guaranteed to continue. Maybe Fox, CBS, or some other outlet will infuse money, but it is a risk.
That bubble is gonna be good for at least 50 more years
Big time Sports is still cheaper than original programming to produce and air given the high wage Union jobs associated with the entertainment industry
The profits for big time sports even with the insane payments to Conferences is still a better deal than a lot of Original programming that you see on TV, that's one reason why you see so much RealityTV garbage on TV, mainly to cut production costs while filling airtime
With an avg of 200 cable channels on most packages plus all the streaming options out there, the airwaves are gonna get filled with something
It's not like Society is gonna start reading more
Posted on 2/19/20 at 10:51 am to Murph4HOF
quote:
but then that will fade if a sustainable model isn't adopted
Who says it won't be sustainable.
quote:
Generational shifts (like Baby Boomers moving to fixed incomes with less disposable money for entertainment)
The retired Boomers with kids out of college and out of the house won't have DI for entertainment? You must not know many boomers.
X'ers and Millennials are the groups that probably can't or sustain the large portion of the season ticket holders.Thats gonna be an issue unless ticket prices come down and the in game experience improves.
Posted on 2/19/20 at 10:53 am to Murph4HOF
attendence declines are a false indicator for interest decline. the truth is 4k TV at home is a cheaper and easier viewing experience than going to the games. box office sales are declining too - but people are watching more tv and movies than ever. the childhood memory of going to the game with family is the nostalgia of the boomer generation. Millenial nostalgia is watching the game with family at home, Millenials are now raising a new generation that won't even understand why going to the game is preferable to watching at home.
The only thing you lose watching at home now is the community - which matters and the tailgate experience is something every true sports fan should want to be a part of, but it just isn't true anymore that watching the game from the stadium is a better experience than watching at home.
The only thing you lose watching at home now is the community - which matters and the tailgate experience is something every true sports fan should want to be a part of, but it just isn't true anymore that watching the game from the stadium is a better experience than watching at home.
Posted on 2/19/20 at 10:56 am to Auburn80
College football is still as popular as ever overall, hd TV has swiped those who tired of the yearly augmentation of expense of attending so they stay home. Cable should be taking it in but people have also been cutting the cable and watching games through alternative methods.
There is a bubble but ESPN/abc created it and will also been the victim of their own doings.
There is a bubble but ESPN/abc created it and will also been the victim of their own doings.
Posted on 2/19/20 at 11:06 am to RD Dawg
quote:I didn't say that. I said revenue will fade if a sustainable model isn't adopted.
Who says it won't be sustainable.
quote:How are they going to spend that money after they die? Like it or not, they're getting older. The average age of a Baby Boomer is 66.
The retired Boomers with kids out of college and out of the house won't have DI for entertainment? You must not know many boomers.
Posted on 2/19/20 at 11:08 am to Flexo
quote:
Just imagine what we could get if the SEC had competent leadership.
isn't that a pretty fair price?
Posted on 2/19/20 at 12:22 pm to Murph4HOF
quote:
How are they going to spend that money after they die
So cute but that wasn't your point. Here ya go
quote:
Baby Boomers moving to fixed incomes with less disposable money for entertainment
Which I disagreed with especially compared to X'ers and Millennials who won't shed out the exorbitant amount for season tickets and "donations" that go along with it.
Posted on 2/19/20 at 1:50 pm to RD Dawg
quote:
So cute but that wasn't your point. Here ya go
Ahem...
quote:
Generational shifts (like Baby Boomers moving to fixed incomes with less disposable money for entertainment)
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