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OT: Kelce buying the Mets??
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BearcatMan Offline
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Post: #10
RE: OT: Kelce buying the Mets??
(07-14-2020 04:34 PM)Captain Bearcat Wrote:  
(07-14-2020 08:26 AM)BearcatMan Wrote:  Even though it's a in a dying sport with a diminishing return, it's still a great investment opportunity for a team in a major market. Smart move.


Youth baseball participation is up 5% in the last 2 years, more than any other sport except Rugby.

https://blog.leagueapps.com/baseball-and...-the-rise/

MLB is the 2nd highest revenue sports league in the world, still dwarfing #3 (NBA) and #4 (English Premiere League).

MLB tv ratings were up in 2019 on all three national broadcast networks, and MLB's regional networks ranked No. 1 in primetime cable in 24 of the 25 MLB markets in the USA. Also, MLB is the most aggressive pro league in moving into digital broadcasts.

https://www.mlb.com/news/mlb-increased-v...ce-in-2019


You sound like the guy who didn't want to invest in a rifle factory just because the tank was invented.

In fact, the sport I'd avoid as an investor is football. Youth participation is down 6% in the last 2 years alone. 6-12 year old participation is down 30% over the last 10 years. Even high school football participation is down 10% over the last 10 years. And NFL TV ratings are still down 10% since its 2015 peak as the league has gotten embroiled in controversy after controversy.

Yeah, football is on the way down, but they're so high up on that mountaintop that a decline likely won't matter.

And I'm just a guy who can't watch people stand around for 4 hours a night...never been a fan of baseball, even while I was forced to play it. People are agreeing, as attendance has fallen by 2% each of the last 4 years and has declined in 8 of the last 9. The thing about the local media deals is that they're for **** pay, and with attendance going down, they're not recouping the losses...part of why the dispute between players and owners in baseball was FAR more contentious than any other sport.

More to my original point though...as far as a professional sports team is concerned, an MLB team is probably the 3rd or 4th best sports team investment behind NFL and NBA at least.
 
07-14-2020 06:51 PM
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Messages In This Thread
RE: OT: Kelce buying the Mets?? - Lush - 07-13-2020, 02:19 PM
RE: OT: Kelce buying the Mets?? - RealDeal - 07-14-2020, 09:42 AM
RE: OT: Kelce buying the Mets?? - BearcatMan - 07-14-2020 06:51 PM
RE: OT: Kelce buying the Mets?? - converrl - 07-15-2020, 10:58 AM
RE: OT: Kelce buying the Mets?? - chatcat - 07-14-2020, 10:43 AM
RE: OT: Kelce buying the Mets?? - dsquare - 07-15-2020, 12:53 PM



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