Last Updated on 4/9/2006 by bidz

Baseball cards’ bubble has burst

Baseball trading card business not what it used to be

Grand Forks Herald | 04/09/2006 |
By Don Steinberg
Knight Ridder Newspapers

“…The baseball card “business has gone from being a $1 billion business in the U.S. 10 years ago to about $120 million now,” said Robert Routh, an industry analyst at Jefferies & Co.

The long decline can be at least partly blamed on the rise in other forms of entertainment available to children, such as Pokemon and Yu-Gi-Oh cards, video games, and computers. But Major League Baseball itself has had a hand in losing its youngest fans, and card companies have methodically watered down their own product.”

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