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Matthew Yglesias: NBA revenue driven mainly by TV rights and intellectual property
Matthew Yglesias, industry influencer, points out that most real-world NBA revenue currently comes from TV rights, which are entangled with complex intellectual property law.
He observes that this situation was less prevalent when the subject was analyzed in earlier years, as sports were not as lucrative at that time.
Yglesias has recently commented on income variation in other sectors. He noted that seniors now have greater income flexibility than in previous decades. In an earlier comparison, he reported that Ivy League graduates have mean earnings of $244,000, outpacing petroleum engineers.
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