The Sports Business Won't Change, Predictions for 2025

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Sports Business أخبار

Sports,Business,Valuation

The author argues that the sports business is driven by valuations rather than results, using the Philadelphia Eagles' recent valuation jump as an example. He predicts that several trends, including media rights, the Toronto sports complex's ownership, and the overall lack of change, will continue into 2025.

This year’s big valuation was the most recent. Based on a minority investment, the Philadelphia Eagles are worth US$8.3-billion. Two years ago, Forbes had them at US$4.9-billion.

That’s one reality. Another is the turkey theory of economics. From the turkey’s perspective, things are going great. Humans house and feed him. His entire life, they’ve never done a mean thing to him. Until one day in October, the turkey’s perspective radically changes.Raygun is the athlete of the year that we all deserve

The Toronto sports complex will come under the control of one man – and nothing will also change. Edward Rogers didn’t make his money by taking risks. He didn’t make his money at all. He’s a go-along-to-get-along type, which is the Canadian version of Theodore Roosevelt. Whether the Leafs, Jays and Raptors lose again, there is no reason to do anything differently. Wholesale change can wait until fans get wise enough to stop showing up. So, never.

Someone in the Conservative Party will seriously suggest that Wayne Gretzky run for parliament – but he will not. Because were he to do so, the holy wrath of the Canadian media would fall on him like a collapsing building. Better to stay down south. It’s safe there. The Leafs will extend Mitch Marner – because they cannot resist doing the thing they know they should not. This way, the team can be inexplicably snake-bitten for another five to seven years.

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