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The Sports Bubble Is About to Pop

Boom Goes the Dynamite

Don’t buy ESPN’s PR talk that its 7 million-household dip in subscribers is just a blip. It’s for real, and it will have serious consequences for the way you watch sports.

Your favorite sports team is massively overvalued right now. It’s not that you ought to be losing sleep over Jerry Jones’s or Mark Cuban’s finances—they were rich before and will be rich after.

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