Has Pro Sports seen its Heyday?

We all know that we are in a global recession right now and that this is likely to have a serious impact on a number of industries, including professional sports. We have seen several sports leagues and organizations cut back staff or cut ticket prices and we have all read about the speculation of how the recession will impact salary caps in leagues where the salary cap exists. No doubt the recession is going to have an economic impact in the short term, but what kind of effect will it have in the long term? The last 20-30 years has

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