Business Spending is Killing Professional Sports

Business Spending is Killing Professional Sports

The National Football League and the National Basketball Association are on the verge of striking. Both leagues do not have contracts for next season, and the worst case scenario of play stoppage seems to be the reality.
No football and no basketball in 2011-2012 is going to kill business spending as advertisers scramble for ways to popularize their products. If there is no football game to watch, the beer sponsors and the potato chip sponsors are going to have to find another vehicle to advertise their products.
The fans are going to have it the worst! Professional sports fans pay thousands of dollars per year to see their favorite products, and losing ticket price admissions, concessions and parking is going to hurt teams and owners in the long run.
So why would anyone strike?
Professional sports is all about money, for all parties involved. The owners would like to reduce business spending and pay players less money to ensure they make money. The players want more money, health benefits and long-term security.
Seems it’s all about money.
When big money contracts first appeared in the early 1990’s, paying a player 3-million per year seemed to be way too much. Baseball pitcher Cliff Lee recently signed a 6-year,38-million contract. Lee will make well over 20-million dollars per year, while playing approximately once every five days.
Good for him and his family, but that’s a lot of money to play a game.
Professional sports has undergone work stoppages in the past. This one seems like it might last awhile as business spending from all parties will be investigated in fine detail. Finding a balance between players and owners best interests will surely take time as the almighty dollar is fought over.
The real loser in this whole thing is the fans. The people that pay for those big contracts have no voice in any decisions, and no choice but to wait to watch their favorite teams.

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