Comment on A weak market for football rights suggests a lower value for sport

A weak market for football rights suggests a lower value for sport

Might Paul’s wages fall? FOR years the cost of rights to broadcast major sports in America and Europe has trended in one direction—up. This gravity-defying law shapes the economics of modern sport: as television operators bid ever more substantial sums, teams take in more revenue and star-player salaries (and transfer fees) climb higher.

 

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