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It seems to me that the breathtaking climb in professional sports franchise values the past few years were driven by future income projections that may have been a tad bit too optimistic- we may be seeing a retrenchment coming (Of course if someone selling a team receives offers that are far less than expected he'll likely simply not sell- unless he has no choice)
Yeah, I expect the bubble to burst eventually, but not as long as sports league keep doing things like MLB's streaming blackouts, and franchise values are going to stay high as long as TV contracts are high.
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