NFL Ponzi Scheme In Danger Of Collapsing

Discussion in 'Politics' started by AAAintheBeltway, Oct 16, 2017.

  1. Week six of the NFL continued the trend of poor attendance. http://www.breitbart.com/sports/201...eral-nearly-empty-stadiums-fans-leave-league/

    The NFL, and all sports leagues, have elements of a Ponzi scheme. A big part of the attraction is the fact that everyone you know is also heavily invested in the success of "your" team. Game tickets are scare and highly coveted. There used to be articles about season tickets being fought over in divorces or treated as valuable assets in estates. The Redskins used to claim their waiting list was years long. These days, not so much.

    The key to the value of teams is the TV contracts, which assume ever increasing viewership. When that chart line turns down, a lot of financial models suddenly fall apart. In fact, we can predict a snowball effect. As viewership goes down, the league beings to get the taint of being stale, no longer exciting, kind of last century. What advertiser wants to be associated with that?

    I think it is inaccurate to blame all of this on the kneeling morons. The league had gone a bit stale before this season. They blamed declines on things like the presidential race. No doubt cordcutting played a role, hence their desperate attempts to show games on social media platforms. Right, that will make it all ok.

    It's not just football. NASCAR, which probably has a pretty big fan base overlap, has visibly declined in recent years. Some of the reasons sound familiar. Boring races, too many races, big money drivers with whom fans no longer identify and suffocating PC imposed to placate national advertisers.

    The team formerly known as the San Diego Chargers moved to LA and play at the StubHub stadium, a small soccer venue. They are drawing less than Texas high school teams. Violence, drunkenness and general misbehavior at stadiums deter many fans, not to mention astronomical process for everything from tickets to parking to food and beer. All to pay the salaries of a bunch of thugs who despise you and everything you stand for.

    Maybe they should appoint Bernie Madoff as Commissioner.

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    Bradley Wilson
    @brad_gohornsbkw

     
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  2. Published on Oct. 15, 2017

    Oct. 15, 2017

    No wonder alarm bells are sounding in NFL commissioner Roger Goodell’s office.

    The league's average TV audience through Week 5 of the 2017 season dropped 7 percent vs. the same period of the 2016 season, according to Nielsen data obtained by Sporting News. Worse for the league, the average game audiences are down 18 percent compared to the first five weeks of the 2015 season.


    http://www.sportingnews.com/nfl/new...nal-anthem-protests/l2x7dhlkuubk1tbeftag9ttis
     
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  3. Tsing Tao

    Tsing Tao

    How is the NFL a ponzi scheme again?
     
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  4. Something whose business model requires an ever-increasing supply of new viewers to justify TV rev's. If the viewership decreases instead, something's got to give.

    Fans are funny. Everybody wants to go to a sold-out game. If plenty of good seats are available at discount, suddenly no one is interested. It's the same psychology Madoff employed. Getting into his fund was very difficult, almost like finally getting accepted at an exclusive club.
     
  5. gwb-trading

    gwb-trading

    NFL Merchandise sales are also down.
     
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  6. It used to be cool to wear team gear. Now, not so much. You kind of look like a loser.
     
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  7. Tsing Tao

    Tsing Tao

    Doesn't that describe every sport? Or every TV show?
     
  8. elderado

    elderado

    Or someone who works at Costco. That's pretty much the only place I see people who wear NFL gear.

    Hey, doesn't Kapernick need a job?
     
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  9. Hehehe. You are a cruel man.


    Also, you know full well that Costco does business in a way that is designed to attract only white folks so that would be problematic for Colin Crotchernac. I mean white folks don't like to go the check out counter and some black guy is on one knee expecting to be knighted or receive communion or something. So I don't see that working out for Colin. Also based on his most recent work experience he might mess up and say "you want fries with that" when you come to the checkout counter with your hundred pound bag kitty litter.

    I am pretty sure that Costco suggestion was some kind of veiled racist remark. Most things are these days according to the libs.

    http://actingwhite.blogspot.com/2011/01/do-black-people-avoid-costco.html
     
  10. newwurldmn

    newwurldmn

    Every business.
     
    #10     Oct 16, 2017
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