(02-21-2011 09:56 AM)Frank the Tank Wrote: Interesting to note that the world's most valuable pro sports league, the English Premier League, doesn't have any type of playoffs.
Well, it depends on how you define 'valuable'. NFL teams are more valuable on a per-team basis (and since there are more NFL than premiership teams, that means their market-cap is almost surely higher as well).
But, it's important to keep in mind how relatively "small" even the richest leagues are. For example, the NFL has a total market-cap of about $30 billion. Some of its sponsors are larger. E.g, the McDonald's corporation is worth almost 3 times that. Nike is worth about three times as much as the entire NBA.
But in any event, i LOVE the way the Premiership determines its champ. Every team plays every other one home and away, and the team with the most points (a system with a bias towards winning, not tying) wins. Whoever wins the Premiership has proven to be best over an 8-month season with everyone playing the same schedule.
To me, playoffs are only useful when the nature of the sport prevents playing the kind of comprehensive season that would enable us to crown a champ based on the regular season. That means each team playing every other team home and away.
Crowing a national champ in college football and basketball being Exhibit A and B, since there are far more teams than could permit this kind of regular season system.