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Facebook’s “cultural crisis,” Mark Cuban on the NBA’s rebound, and Kara gets replaced by AI

Pivot

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Evolving Dynamics in Sports Ownership and Broadcasting

This chapter examines the changing landscape of sports team ownership and valuation post-COVID-19, noting the increased wealth of top buyers and the growing significance of gambling revenue. It also addresses the transformation in sports broadcasting as technology evolves, particularly the NBA's adaptation to online platforms, augmented reality, and the implications for fan engagement. Additionally, the chapter explores broader economic themes, including the future of manufacturing in the U.S. and the potential impact of financial speculation and technological advancements.

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