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<blockquote data-quote="ChiefGritty" data-source="post: 1475794" data-attributes="member: 746137"><p>Well eating your seed corn is a metaphor whereby if you're growing corn, you eat (or I guess sell) some of it, and you save some to plant so you have corn the next year. If you eat the seed corn, that means you're eating good now, but you're ensuring you won't have enough to eat later.</p><p></p><p>Everything in sports that extracts more money out of the customer at the cost of making the product either worse or less accessible to people is eating your seed corn, in my view. I very much count these neutral site games in that category.</p><p></p><p>And the way the winds are going to change is that college football, and lots of other sports but probably college football most of all, gets the lions share of its revenue based on its ability to siphon off cable TV subscriptions. Cable TV subscriptions are going the way of the dodo bird, and when that happens, college football is going to be left generating revenue based on customers' interest in engaging with the product. The sport won't die, college football is extremely popular and lots of people will want to watch it. But getting paid for broadcasting Rutgers-Purdue becomes a tougher sell then, and a lot of decisions like that are going to become a drag on the funds coming in.</p><p></p><p>Maybe at that point the conventional wisdom will shift, and we'll start regularly seeing Bama in the Big House or Texas in Death Valley or whatever, these thrilling, attention-grabbing matchups. But that would require somebody giving up a buck they're currently getting, and we all know how willing the powers that be are to do that. What seems more likely to me is that little by little college football will just become a little less popular, one more young person playing Fortnite or whatever instead.</p><p></p><p>I could go on and on about this, but to make a long story....still fairly long, I think sports in general and maybe college football most of all is a visceral, communal experience of and for the masses, and its long, long term financial interests are to lean into that, rather than monetizing it away piece by piece.</p></blockquote><p></p>
[QUOTE="ChiefGritty, post: 1475794, member: 746137"] Well eating your seed corn is a metaphor whereby if you're growing corn, you eat (or I guess sell) some of it, and you save some to plant so you have corn the next year. If you eat the seed corn, that means you're eating good now, but you're ensuring you won't have enough to eat later. Everything in sports that extracts more money out of the customer at the cost of making the product either worse or less accessible to people is eating your seed corn, in my view. I very much count these neutral site games in that category. And the way the winds are going to change is that college football, and lots of other sports but probably college football most of all, gets the lions share of its revenue based on its ability to siphon off cable TV subscriptions. Cable TV subscriptions are going the way of the dodo bird, and when that happens, college football is going to be left generating revenue based on customers' interest in engaging with the product. The sport won't die, college football is extremely popular and lots of people will want to watch it. But getting paid for broadcasting Rutgers-Purdue becomes a tougher sell then, and a lot of decisions like that are going to become a drag on the funds coming in. Maybe at that point the conventional wisdom will shift, and we'll start regularly seeing Bama in the Big House or Texas in Death Valley or whatever, these thrilling, attention-grabbing matchups. But that would require somebody giving up a buck they're currently getting, and we all know how willing the powers that be are to do that. What seems more likely to me is that little by little college football will just become a little less popular, one more young person playing Fortnite or whatever instead. I could go on and on about this, but to make a long story....still fairly long, I think sports in general and maybe college football most of all is a visceral, communal experience of and for the masses, and its long, long term financial interests are to lean into that, rather than monetizing it away piece by piece. [/QUOTE]
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