In Episode #46, Lance dictated that Mike earned the Scott Terrible Take of the Week for his take that the sport of baseball is dying. What follows is Mike's backup documentation that supports his claim, and serves as evidence that the Terrible Take wasn't justified:
More than half the MLB teams have an equity stake in their local cable network. It’s providing an increasing amount of revenue per year from an investment that, only partially, has to do with the popularity of baseball. So, to some degree, the revenue that MLB teams are recognizing is actually non-baseball related revenue.
It’s estimated that 30% of revenues for MLB are from TV deals and cable network equity stakes. Very few games, of which, are on national broadcast.
2012 – MLB signed the new television deal. The growth, year over year, is in this TV deal. Because people want the flexibility to change the channel, to do other things during a baseball game than sit there and be bored. Attendance is dropping. Stadiums are empty for many games. There’s little connection with the millennials and the iGeneration. Traditionalists want to keep their head in the sand and claim that wholesale changes shouldn’t be made because of the integrity of the game. Yes, the game of baseball is dying. Rubes like Lance want to claim that things are fine because the revenue is there. However, he, and many others, can’t set emotion aside and see the true business metrics of the argument.
Lance just wants to ignore his terrible take on the Vikings, saying they are better than the Philadelphia Eagles (even though the Eagles just won the Super Bowl AND after the Eagles demolished the Vikings in the NFC Championship game). How can Lance claim the Vikings be the next dynasty if they haven’t so much as made a Super Bowl since the 1970s?
Lance is caught in a classic case of deflection from his own terrible take.