Thoughts about the economy and $100,000,000 Football Players.
http://web.me.com/hydra9/Site_5/Blog/Entries/2009/3/5_Are_Pro_Sports_sustainable.html
First off seeing this article
http://sports.espn.go.com/espnmag/story?id=3950727
and then this article
http://www.redskins.com/gen/articles/Big_Deal_Aside__Haynesworth_Looks_to_Establish_a_Legacy_32506.jsp
I am predicting in the next couple of seasons, several teams and possibly a league will become insolvent. Teams may fold or merge.
Professional Sports are simply a conduit to sell us 1) Trucks and 2) Beer. With reduction in ads and less people going to games, that are way too expensive, teams are not going to be able to afford to spend $100,000,000 on one guy.
It is not sustainable. I have no issue with someone getting paid that much.
I do think things will improve. Call me crazy but I am optimistic about the future but this set up makes as much sense as average home values being around $1,000,000.
If the average mortgage is greater than the average biweekly paycheck, it is not a sustainable market.
--
Marcus Zack Ronaldi
http://www.marcusronaldi.com
My LinkedIn Profile
http://www.linkedin.com/pub/0/67/264
twitter = hydra1970
My Facebook Profile
http://www.facebook.com/profile.php?id=705175300
First off seeing this article
http://sports.espn.go.com/espnmag/story?id=3950727
and then this article
http://www.redskins.com/gen/articles/Big_Deal_Aside__Haynesworth_Looks_to_Establish_a_Legacy_32506.jsp
I am predicting in the next couple of seasons, several teams and possibly a league will become insolvent. Teams may fold or merge.
Professional Sports are simply a conduit to sell us 1) Trucks and 2) Beer. With reduction in ads and less people going to games, that are way too expensive, teams are not going to be able to afford to spend $100,000,000 on one guy.
It is not sustainable. I have no issue with someone getting paid that much.
I do think things will improve. Call me crazy but I am optimistic about the future but this set up makes as much sense as average home values being around $1,000,000.
If the average mortgage is greater than the average biweekly paycheck, it is not a sustainable market.
--
Marcus Zack Ronaldi
http://www.marcusronaldi.com
My LinkedIn Profile
http://www.linkedin.com/pub/0/67/264
twitter = hydra1970
My Facebook Profile
http://www.facebook.com/profile.php?id=705175300

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