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So what exactly WILL happen with the college football bubble busts?
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Captain Bearcat Offline
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Post: #21
RE: So what exactly WILL happen with the college football bubble busts?
(05-23-2016 12:22 PM)kreed5120 Wrote:  
(05-23-2016 11:33 AM)westernwilly Wrote:  
(05-23-2016 10:02 AM)RutgersGuy Wrote:  
(05-23-2016 08:16 AM)goofus Wrote:  Baaketball will need to add more gimmicks to keep things interesting. How did ideas like 3 point lines get introduced?

But let's face it, sports, just like tv shows get tired, boring and predictable. American Idol is gone. Sometimes things just get old.

Huh? You know MLB has been around for well over 100 years right? Also what does college basketball have to do with this? If CFB gets effected and has a drop off that would be a boon to CBB. The roundball would be the new top sports for colleges. Smaller teams so paying players would be easier and with title IX you don't have to carry as many sports and BBall is easy because all you need is a womens team to balance that sport out, unlike with FB where you need 3-4 womens sports to balance out the huge amount of scholarships FB has.
I do not think that he is saying that college football will go away.

Yes. Major League Baseball has been around for over 100 years, but it does not even come close to having the draw that it used too. When I was growing up, base ball was king and nobody was worried about any other sport ever competing with it. As a kid, I would watch every Tiger and Cubs game that I could on TV and would get to a couple of home games every year.

Now? I have not watched a regular season MLB game on TV in 30 years and I have not watch the World Series in 10 years. I cannot tell you who even played in the 5 World Series. It is hard to believe that a game that was so important to me while growing up, means so little to me know. I do not see myself deserting football like i deserted baseball, but I am not going to be foolish enough to say that it is always going to be the most important game to me.

In real estate we have a saying that many ignore, but all too often it is proven true......Today's winners are tomorrow's losers. This holds true in sports and entertainment. A sport either change with society and hope that those changes spark new interest or they get old and less popular opening the doors for another too rise. That said, I can see Lacrosse possibly being more popular than football some day. It is rapidly growing across the country. I myself have just recently discovered watching it and I love it!

Baseball may have declined in the sense that it is no longer the clear #1 sport, but on a revenue side it has never been better. Below is a quote from when baseball was at arguably its peak. Today the league minimum for a MLB player is 507k, meanwhile, the president makes 400k. The top baseball players today make as much as 80x what the president does.

"I know, but I had a better year than (President Herbert) Hoover." - 1930 Babe Ruth response to his salary of $80,000 being more than the President's $75,000

Baseball is unquestionably more popular today than in the past. Average attendance went from 10,000 in 1950, to 20,000 in 1980, to about 30,000 today. This is despite drastically higher ticket prices, expanding from 16 to 30 teams, and increased availability of games on TV.

I think that sports in general are more popular now. The #3 sport in 2016 is much more popular than the #1 sport in 1960.

We weren't as tribal of a country during the Cold War. Americans for the most part used to all be on the same team - USA - against communism.

And people used to have real things to worry about. Before 1950, people who lost their job could literally starve to death. In the 60s and 70s, we were losing more boys in a month in Vietnam than we lost during the entire decade-long Iraq war. Race riots, fueled by bald-faced in-your-face discrimination, engulfed nearly every city multiple times and resulted in hundreds of deaths on both sides. Sports were a temporary escape from these troubles, not an obsession like they are today.

Today we have little better to do than cheer for our local sports team.
05-23-2016 05:01 PM
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C2__ Offline
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Post: #22
RE: So what exactly WILL happen with the college football bubble busts?
Which is sad in most ways. The obsession has made of mockery of college sports and even academics.
05-23-2016 07:31 PM
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kreed5120 Offline
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Post: #23
RE: So what exactly WILL happen with the college football bubble busts?
(05-23-2016 04:38 PM)westernwilly Wrote:  
(05-23-2016 12:22 PM)kreed5120 Wrote:  
(05-23-2016 11:33 AM)westernwilly Wrote:  
(05-23-2016 10:02 AM)RutgersGuy Wrote:  
(05-23-2016 08:16 AM)goofus Wrote:  Baaketball will need to add more gimmicks to keep things interesting. How did ideas like 3 point lines get introduced?

But let's face it, sports, just like tv shows get tired, boring and predictable. American Idol is gone. Sometimes things just get old.

Huh? You know MLB has been around for well over 100 years right? Also what does college basketball have to do with this? If CFB gets effected and has a drop off that would be a boon to CBB. The roundball would be the new top sports for colleges. Smaller teams so paying players would be easier and with title IX you don't have to carry as many sports and BBall is easy because all you need is a womens team to balance that sport out, unlike with FB where you need 3-4 womens sports to balance out the huge amount of scholarships FB has.
I do not think that he is saying that college football will go away.

Yes. Major League Baseball has been around for over 100 years, but it does not even come close to having the draw that it used too. When I was growing up, base ball was king and nobody was worried about any other sport ever competing with it. As a kid, I would watch every Tiger and Cubs game that I could on TV and would get to a couple of home games every year.

Now? I have not watched a regular season MLB game on TV in 30 years and I have not watch the World Series in 10 years. I cannot tell you who even played in the 5 World Series. It is hard to believe that a game that was so important to me while growing up, means so little to me know. I do not see myself deserting football like i deserted baseball, but I am not going to be foolish enough to say that it is always going to be the most important game to me.

In real estate we have a saying that many ignore, but all too often it is proven true......Today's winners are tomorrow's losers. This holds true in sports and entertainment. A sport either change with society and hope that those changes spark new interest or they get old and less popular opening the doors for another too rise. That said, I can see Lacrosse possibly being more popular than football some day. It is rapidly growing across the country. I myself have just recently discovered watching it and I love it!

Baseball may have declined in the sense that it is no longer the clear #1 sport, but on a revenue side it has never been better. Below is a quote from when baseball was at arguably its peak. Today the league minimum for a MLB player is 507k, meanwhile, the president makes 400k. The top baseball players today make as much as 80x what the president does.

"I know, but I had a better year than (President Herbert) Hoover." - 1930 Babe Ruth response to his salary of $80,000 being more than the President's $75,000
That is well over a million in 2016 dollars and that was during the Great Depression and well before the era of high paid sports athletes and CEOs.

Interesting note: in 1936 the number one NFL draft pick turned down that years top salary which was $25,000 over two years. Instead he took as a Foam Rubber Salesman. (That would be $214, 244 per year today)

Adjusted for inflation it is slightly over a million dollars. Today MLB players get as much as 30+ million. Sports in general today are just much more widely followed as TV and the Internet make them more readily available. That's what makes it more marketable, hence, the influx of money in the sport.
05-23-2016 10:28 PM
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C2__ Offline
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Post: #24
RE: So what exactly WILL happen with the college football bubble busts?
And sports suck now in so many ways. All of the leagues except the NFL, which has been roughly the same size the last 45 years with only 4 needless expansions, over-expanded and the talent pool as a result suffers. All the major sports would be much better in quality if they were 2/3-1/2 their current size (I've proposed NBA and NFL minor leagues in the past, perhaps with some Eurpoean style promotion and relegation).

Sports on TV in general is a bubble that should pop but the cable companies rely on them because they are about the only live programming (along with cable news) that convinces people keep their subscriptions. Othrwise, video sharing sites like Youtube as well as Netflix, Hulu and the like would be all people needed.
05-23-2016 11:22 PM
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FUB Offline
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Post: #25
RE: So what exactly WILL happen with the college football bubble busts?
(05-23-2016 05:01 PM)Captain Bearcat Wrote:  
(05-23-2016 12:22 PM)kreed5120 Wrote:  
(05-23-2016 11:33 AM)westernwilly Wrote:  
(05-23-2016 10:02 AM)RutgersGuy Wrote:  
(05-23-2016 08:16 AM)goofus Wrote:  Baaketball will need to add more gimmicks to keep things interesting. How did ideas like 3 point lines get introduced?

But let's face it, sports, just like tv shows get tired, boring and predictable. American Idol is gone. Sometimes things just get old.

Huh? You know MLB has been around for well over 100 years right? Also what does college basketball have to do with this? If CFB gets effected and has a drop off that would be a boon to CBB. The roundball would be the new top sports for colleges. Smaller teams so paying players would be easier and with title IX you don't have to carry as many sports and BBall is easy because all you need is a womens team to balance that sport out, unlike with FB where you need 3-4 womens sports to balance out the huge amount of scholarships FB has.
I do not think that he is saying that college football will go away.

Yes. Major League Baseball has been around for over 100 years, but it does not even come close to having the draw that it used too. When I was growing up, base ball was king and nobody was worried about any other sport ever competing with it. As a kid, I would watch every Tiger and Cubs game that I could on TV and would get to a couple of home games every year.

Now? I have not watched a regular season MLB game on TV in 30 years and I have not watch the World Series in 10 years. I cannot tell you who even played in the 5 World Series. It is hard to believe that a game that was so important to me while growing up, means so little to me know. I do not see myself deserting football like i deserted baseball, but I am not going to be foolish enough to say that it is always going to be the most important game to me.

In real estate we have a saying that many ignore, but all too often it is proven true......Today's winners are tomorrow's losers. This holds true in sports and entertainment. A sport either change with society and hope that those changes spark new interest or they get old and less popular opening the doors for another too rise. That said, I can see Lacrosse possibly being more popular than football some day. It is rapidly growing across the country. I myself have just recently discovered watching it and I love it!

Baseball may have declined in the sense that it is no longer the clear #1 sport, but on a revenue side it has never been better. Below is a quote from when baseball was at arguably its peak. Today the league minimum for a MLB player is 507k, meanwhile, the president makes 400k. The top baseball players today make as much as 80x what the president does.

"I know, but I had a better year than (President Herbert) Hoover." - 1930 Babe Ruth response to his salary of $80,000 being more than the President's $75,000

Baseball is unquestionably more popular today than in the past. Average attendance went from 10,000 in 1950, to 20,000 in 1980, to about 30,000 today. This is despite drastically higher ticket prices, expanding from 16 to 30 teams, and increased availability of games on TV.

I think that sports in general are more popular now. The #3 sport in 2016 is much more popular than the #1 sport in 1960.

We weren't as tribal of a country during the Cold War. Americans for the most part used to all be on the same team - USA - against communism.

And people used to have real things to worry about. Before 1950, people who lost their job could literally starve to death. In the 60s and 70s, we were losing more boys in a month in Vietnam than we lost during the entire decade-long Iraq war. Race riots, fueled by bald-faced in-your-face discrimination, engulfed nearly every city multiple times and resulted in hundreds of deaths on both sides. Sports were a temporary escape from these troubles, not an obsession like they are today.

Today we have little better to do than cheer for our local sports team.

The truth can be a painful ,hard thing to face.
05-24-2016 04:42 AM
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b0ndsj0ns Offline
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Post: #26
RE: So what exactly WILL happen with the college football bubble busts?
(05-23-2016 08:11 AM)arkstfan Wrote:  If it happens. Notre Dame, Alabama, Michigan, USC won't much notice. They can cut a piddly men's sport, refuse to renew assistant contracts at such high numbers, trim and administrative position or two and carry on.

The schools that will notice will be the ones carrying a fat debt load to keep up with the top of the conference and were relying on TV money to make the debt payments. If the can't pour money over from the academic and operations side to meet the payments and need to restructure or default it could have a huge impact cutting sports, slashing salaries, layoffs, big downgrades of the school's bond ratings.

Get bad enough off, state takeovers of schools and such (yes I understand that public state colleges belong to the state but the operation is currently under the power of an appointed board, being taken over by a state agency to run the show is a different matter).

We almost got a preview with Maryland when the Terps were upside down on their debt and not cash flowing it because the demand for premium seating wasn't there. They had basically exhausted their reserves when the B1G called.

G5 will be riding in their second hand pick-up and ask "did you hear something?" no big deal for the G5 they don't have enough tv money to be highly dependent on it.

Yeah the one positive thing for the G5 is they already operate in a world where TV money is essentially nothing. If the rights fee bubble did bust (I don't think there will be I think we are just going through a shift in how we consume) it's not going to drastically hurt those that already get little to no money. Those schools already budget for it and operate in that world. Who it's gonna kill are those in the middle to bottom of the P5. The C-USA deal isn't a representation of the real market though. They are getting an adjustment for new inventory closer to the value of the places they came from, same as the AAC got when it signed it's deal.
(This post was last modified: 05-24-2016 06:15 AM by b0ndsj0ns.)
05-24-2016 06:14 AM
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