Haldi wrote:I don’t disagree with you, but I do think there’s a delay to these kinds of things. Meaning even if she does “break the cycle”, she won’t be the one to reward from it as much as the next group after her. Im sure it will change throughout her own career of course, but look at how much MJ or Magic made compared to some random player today or even in the 2000s-2010s. The leagues always rack up a lot of the initial money increases when a league blows up in popularity before eventually including the players in that increase of profits.
You're most certainly right. Now, what gets me thinking is that the context nowadays is different from when that happened in the past.
There are two ways I can explain that to you:
- The broadcasting rights are much, much bigger than in the past. I mean, if you did read the link I posted in the post above, you can see the TV (streaming included?) rights can jump from 60 million/season to 120 million/season. This means the BRI, thus the salary cap (which I'm not sure it exists/works the same as in the NBA) can explode, affecting the players' salaries in a major way, in a very short amount of time.
- Social media is much bigger than relative to 5/10/15 years ago. And it will only go up in terms of generating revenue, both directly to the player's pockets (affecting the player's salaries) and indirectly (off-court opportunities for endorsements, bigger salaries playing abroad, etc).
I think those two factors could provide a mean to accelerate what we have been discussing in this economic model, so in the end it could take only, let's say, a couple of years for the players to reap those benefits.
Basically, the amount of money involved in entertainment nowadays is substantially bigger than in the past. There's simply a bigger pie for all to eat. And truthfully, I'm not talking only in sports, but all of entertainment, like movies, tv shows, videogames, etc.
Greetings, appreciate your post.
