eetech
Jolly Good Fellow
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- 208
This entire post is very astute.I think the free-money-era and media arms race prompted by the emergence of streaming made people confuse revenue growth spurred by media company turf wars with actual growth.
I'm worried about attendance trends. I'm worried about viewership trends. Even the highest rated playoff games the past three years have gotten a fair bit fewer viewers (more than 10% less) than the highest rated one of the years before that: https://www.sportsmediawatch.com/college-football-playoff-ratings-bcs-history/ And we haven't come close to the 34M who watched Ohio State/Oregon in 2014.
I think it's shortsighted to look at the cycle within the sport instead of around the sport. IMO the competition is every other sports league, and CFB's fractured management is very bad at making moves that will position it to be relevant nationally against other leagues.
Every program that gets left by the wayside is some fraction of fan eyeballs and $$$ from the 2000-2015ish heyday of the sport. And there's a smaller pool of programs with a smaller geographical footprint, and smaller combined student bodies, to replace them from.
If the NHL contracted down to just the Canadian teams + Minnesota/NY/Bos/Pitt/Philly, say... would you consider that a positive for the sport's future revenue? How's that sort of geographical retrenchment around the biggest names different than what CFB's doing?
Also, you just need to look at student attendance around the country to realize college football viewership will only be declining.