Mark Cuban let loose on what he sees as NFL greed potentially killing the golden goose.
http://deadspin.com/mark-cuban-greedy-nfl-is-10-years-from-implosion-1550221837
Not sure I would short the NFL if it was a stock, but I wouldn't be bullish either for the long term.
http://deadspin.com/mark-cuban-greedy-nfl-is-10-years-from-implosion-1550221837
Cuban can be a polarizing person and I'm sure some will see this as sour grapes since he hasn't been able to sniff an opportunity to get an NFL franchise. It's been said for years, but at some point the revenues can't keep increasing at the rates they are going. I think in particular the cable bubble is getting set to burst. Cable subscriptions have been under pressure for some time as people start to migrate to web only content. While the die hards will buy NFL online services, they stand to lose thousands of cable subscribers paying over $4.00 a month unwittingly for the NFL Network, not to mention a lot more for ESPN and other NFL rights payers. I think the health and safety aspect will also come into play and move some people away from the sport."I think the NFL is 10 years away from an implosion," Cuban said. "When pigs get fat, hogs get slaughtered. And they're getting hoggy. When you try to take it too far, people turn the other way. I'm just telling you, when you got a good thing and you get greedy, it always, always, always, always, always turns against you."
Not sure I would short the NFL if it was a stock, but I wouldn't be bullish either for the long term.