11–20 of 70 posts
"So successful in fact that it is the fastest growing major sports league in the world, growing 20x in value since 2008 to be worth more than $16 billion today."
Can we please stop pretending that WWE (World Wrestling Entertainment) is a sport? Clue: It’s got “entertainment” right there in the name.
:)
The bit about getting the government to invest with a goal that isn't financial ROI reminds me of the Olympics during the cold war. All that investment to "prove" the dominance of one economic system or another.
Small-time capitalism is good. But beyond a certain size, it falls apart and can even become quasi-governmental. When is somebody going to blend the best part of all political isms to get closer to the best possible form of society
Can we please stop pretending that WWE (World Wrestling Entertainment) is a sport? Clue: It’s got “entertainment” right there in the name.
Is there any market in the world where rival leagues of the same sport compete in the same geographic location? Maybe there aren’t new leagues because Americans don’t care enough about new sports? Further, it’s the teams, not the leagues that make money, which I didn’t pick up in a brief skim of the article. Why would any team want to join an rival league? League monopoly seems like the natural fit, and let the compe…
Can we please stop pretending that WWE (World Wrestling Entertainment) is a sport? Clue: It’s got “entertainment” right there in the name.
All sports are entertainment. No one watches the Jets expecting them to win.
Earlier quoted context omitted.
ESports is a sizeable chunk of the article?
And yet it's not a "new major sports league" ?
In the second table, LoL esports is explicitly highlighted as a success by mindshare, but not profitability. And below that:
> LoL Esports: loses hundreds of millions of dollars annually, exists solely as a marketing mechanism to get people to play the actual game
Is there enough "top talent" to fund a new league? Take American football: there are more players in high school, than college, because the game gets faster and better; the same goes from college to the NFL. The game changes, too; so. success in college doe not mean success in the NFL. There have been 88 Heisman Trophy winners; but, only 10 have made the NFL Hall of Fame. (The only two-time Heisman Trpohy winner is not one of those ten.)
Did (DO) the XFL and AAF have "top talent"? These were players who were not good to get drafted by the NFL. Sure, some players have from the XFL to NFL; but, that makes the XFL more like a minor league or developmental league -- a notch lower.
Is there any market in the world where rival leagues of the same sport compete in the same geographic location? Maybe there aren’t new leagues because Americans don’t care enough about new sports? Further, it’s the teams, not the leagues that make money, which I didn’t pick up in a brief skim of the article. Why would any team want to join an rival league? League monopoly seems like the natural fit, and let the compe…
Both the NFL (football) and MLB (baseball) formed from competing leagues in the US.