I don’t know how teams will continue to play their players these big contracts especially when some of these owners’ wealth mostly comes from the team itself.
Eventually superstar players have $500 million contracts with team salary caps of $200 million.
It seems like this never-ending quest to make more profits. Profits from stadium concessions and ticket sales can only increase by so much. Eventually they will price out the average fan.
Most fans won’t be able to afford $200 nosebleeds, $100 parking, $50 beers, $20 hotdogs & pretzels.
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It’s not about the money it’s about sending a message.
Please go learn about collective bargaining.
When is the last time the United States had sustained deflation?
Most fans won’t be able to afford $200 nosebleeds, $100 parking, $50 beers, $20 hotdogs & pretzels.
NBA money doesn’t come from any of this, it comes from the TV deals the league signs. However with how inflated the streaming market for sports is I wouldn’t be surprised if it stagnates soon
When the league makes less money, and/or inflation reverses.
Either the league is worth less, or the currency unit is worth more.
Been said already but I think it needs to really be made clear, that inflation doesn’t help but hasn’t driven this. This isn’t something that just came to fore in three years. This is a trend, and a trend because valuations have increased across the board. Player, team, league, media. As a result, we’re gonna see that result in player contracts be richer.
More money in the sport now, which isn’t a bad thing.
More likely inflation catches up to NBA contracts the next time the economy crashes
Cord-cutting has been on the rise for over a decade, and that will 100% start to affect sports leagues, as long as they continue to rely on the old RSN model.
Bally’s going bankrupt and defaulting on some of its payments to MLB teams is the first sign. FO guys in capped leagues should seriously be taking into the account the possibility of cap stagnation in the next 10 years.