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Will COVID-19 stop the runaway sports money train?

ReasonableRaider

Techsan
Gold Member
Nov 23, 2008
17,352
74,489
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Been thinking about this lately because as has been said, few things will be the same after this COVID crisis is over. Attitudes will be different, and certainly economy and health will be altered.

Professional and college sports have been in an arms race for quite a while. Owners strong-arm cities to get tax money to pay for pro stadiums, and colleges keep going back to donors for millions for training facilities, stadium improvements, HD television in player lockers to go with personal barber shops. It's a never-ending arms race.

Throw in seat licensing, PSLs, escalating ticket costs, demand to fund scholarships, parking, $6 million head coaching salaries and so on. It was a challenge before this to shell out the required dough for many. Now, if some of these dire economic reports about 30% unemployment and some jobs not ever coming back prove true, I wonder if the goose that laid the golden sports egg is gone.

And people have realized while LeBron James is one of a kind, the cashier at the grocery store is probably more important. So while we miss sports, I wonder once it comes back, if it won't quite be the end-all/be-all it's been.

We shall see. Maybe all of this is too idealistic. It might just hit the pause button for a year and pick up right where it's been before.
 
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