#1 ·
I was looking at some recent market valuations for major sports leagues, and it’s honestly wild how much money is being poured into these massive entertainment properties lately. It feels like every year, the price tag for owning a piece of a franchise or even just the broadcasting rights jumps by another massive percentage. It’s impressive from a purely mathematical standpoint, but it makes me wonder about the sustainability of it all.
I remember back in the day, sports felt more like a community thing—something you followed because of the local connection. Now, it feels like these leagues are being treated more like high-growth tech startups than actual games. When the entry fee to join the party hits these astronomical levels, it feels like the whole ecosystem is just one bad cycle away from a massive correction.
Do you think we're seeing a genuine explosion in value, or is this just a massive bubble driven by hype and a few deep-pocketed investors?
I remember back in the day, sports felt more like a community thing—something you followed because of the local connection. Now, it feels like these leagues are being treated more like high-growth tech startups than actual games. When the entry fee to join the party hits these astronomical levels, it feels like the whole ecosystem is just one bad cycle away from a massive correction.
Do you think we're seeing a genuine explosion in value, or is this just a massive bubble driven by hype and a few deep-pocketed investors?