nopony said:That, I believe, is a widely held false assumption.
For the most part ticket prices and all other prices are set by what people will pay. Nothing to do with costs. You think anyone is going to charge less if they can fill up their stadiums charging more?
Sports prices are set by demand, not costs.
But if prices are capped and costs aren't, at some point the billionaires put their money somewhere else. The players are easily replaced. It's much harder to find billionaire owners.