Monday, December 22, 2008

Pro Sports and the Economy

The more I think about the economic downturn in this economy, I think about how it affects things I pay attention to: music, movies, sports. In sports, we've seen the AFL go down, but I don't really see this happening to any of the large established sports, such as the NFL, NBA, or MLB. I even think the NHL will get through this without much stress.

However, I think the athletes are in for a surprise. Not a drop in wages from their teams, but a serious drop in their endorsement deals. Why would a car company throw millions at an athlete to advertise a car that nobody can afford? Ask Tiger Woods.

1 comment:

Mr Delicious said...

Arena Football was a sport you could bet on in online books and I believe in Vegas