Sports are pricing out the fans who made them rich
News Source : Business Insider
News Summary
- Sports fandom in the US is an increasingly complicated, expensive endeavor.
- To watch the NFL, fans need a dizzying combination of broadcast television, cable, Netflix, Amazon, Paramount+, and/or YouTube TV.
- Take the eye-popping FIFA World Cup ticket prices, which have caused major backlash.
- Across leagues, teams are redesigning their stadiums to prioritize luxury suites, premium clubs, and high-end hospitality experiences that cater to wealthy fans and corporate customers.
- "If you get the city to pay for it, then the sky's the limit," says Andrew Zimbalist, a professor emeritus of economics at Smith College.
This is the way sports are supposed to feel exhilarating, nerveracking, occasionally heartbreaking. The World Cup is here. The NBA playoffs have been thrilling. Baseball season is in full swing.
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