Since the turn of the century in 2000, what three changes in society have most affected the business model for professional sports franchises? Explain briefly how each change directly affected pro...

SOCIETAL CHANGES AFFECTING BUSINESS MODEL OF PROFESSIONAL SPORTS FRANCHISES
Societal Changes in the Business Model for Professional Sports Franchises- An Outlook
In context to the sports industry innumerable factors have played in affecting its business model, highlighting a few of them would include a) the role of technology b) social media and its influence and lastly c) acceptance towards sports betting.
We can clearly see that Technology has had a profound effect on practically every facet of this industry. With expanding markets for data gathering and analytics, electronic sports (eSports), non-fungible tokens (NFTs), and immersive technologies, the merging of the physical and digital worlds is expected to exhibit an...