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But we saved everything 🙂.
Conor Sen highlights that while players may not have traditional leverage, a full-year work stoppage in sports could significantly damage the value of future media rights deals and hurt franchise values for team owners.
Sen points out that such a prolonged interruption would likely have major financial repercussions for stakeholders tied to media arrangements and franchise ownership.
Sen has previously commented on risks to financial stability in related sectors. He has noted concerns about how a tech downturn could affect municipal budgets. In addition, Sen has observed that OpenAI's potential IPO plans coincide with new Anthropic financials.