Submitted by [deleted] t3_zznzlf in explainlikeimfive
deep_sea2 t1_j2cr2kr wrote
One big pro is that the team gets a somewhat guaranteed revenue. In the American sports, a bad team may still be quite profitable. In European soccer, if the team is bad and gets relegated, they stand to lose millions of dollars.
Antman013 t1_j2enbsv wrote
For example, the way the NFL's broadcast contracts are structured, the owners could play all of their games in empty stadia, and they would STILL turn a profit.
Viewing a single comment thread. View all comments