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Subject: Money Money Money


Author:
Watkins
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Date Posted: 11:09:01 07/25/24 Thu
In reply to: RedWin 's message, "Re: The importance of the NCAA to Olympic sports" on 16:03:55 07/24/24 Wed

The International Olympics Committee accurately recognizes that they are not in the athletics business, they are in the entertainment business.

So expect to see fewer sports which draw poor ratings and more sports such as beach volleyball, breakdancing, 3x3 basketball and anything which attracts eyeballs, whether for athleticism or bikinis.

Borderline sports such as golf, baseball and lacrosse will flip back and forth depending upon their ratings.

The Olympics are the world's first and best monopoly entertainment product. How would you like to be in the entertainment business when your cost of providing your service is borne by national Olympic committees and host cities, while revenues from television and ticket sales flow directly into your pocket?

That is a great business model.

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