When this sports rights bubble pops -- and make no mistake, it's going to pop -- it's not just the cable companies that are going to get crushed, it's the players and the leagues too.
So enjoy those contracts while you can, pro athletes, they may not happen again for 25 years.
This article got me thinking. NBA players are now making a ridiculous amount money due ESPN overpaying for television rights. ESPN though is now feeling affects of cord cutting cable movements. I don't see how they will overpay for NBA Again after 2025.
So what happens then ? Will NBA player salaries go back to how it used to be in the 00s ? Or will NBA sign big deal with streaming services like Netflix & Hulu ? Etc
Can anyone fill me in on This topic ?
http://www.outkickthecoverage.com/the-nba-tv-contract-isn-t-sustainable-070616
http://www.espn.com/nba/story/_/id/11652297/nba-extends-television-deals-espn-tnt