Thursday, June 15, 2023

Why are US sports leagues more profitable than European ones?

 

Could it be that there is less competition? The Economist thinks so:
Unlike European football, where teams can be promoted or relegated across various tiers of leagues, American sports tend to be “closed”—there is no way for new teams to accede to the top tournament.
In other words, EU teams compete to avoid relegation, while US teams' only concern is maximizing the value of their franchises.

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