Well that pile of money is being spent chasing a speculative investment to own the next big thing in sports broadcasting.
So it's not like investors will just allocate that money to pros to be nice if they didn't have the chance of owning something.
From a growing the sport perspective, more events is almost always better.
Do you think less or people are excited about triathlon in Singapore because the T100 was there?
For sure it helps.
Conversely, I don't think the critical mass of triathlon growth scales get tipped negative at Nice because Lucy isn't there.
Could money be better or more effectively spent? Sure. But every central planner would love to reorganize an economy to make it ideal. And in the long term the market wins.
Let the PTO try and fail or succeed.
Doesn't mean we shouldnt call out dumb moves though
So it's not like investors will just allocate that money to pros to be nice if they didn't have the chance of owning something.
From a growing the sport perspective, more events is almost always better.
Do you think less or people are excited about triathlon in Singapore because the T100 was there?
For sure it helps.
Conversely, I don't think the critical mass of triathlon growth scales get tipped negative at Nice because Lucy isn't there.
Could money be better or more effectively spent? Sure. But every central planner would love to reorganize an economy to make it ideal. And in the long term the market wins.
Let the PTO try and fail or succeed.
Doesn't mean we shouldnt call out dumb moves though