First, scams. It's hard to buy a raw card these days without wondering if it's been altered, trimmed, or is a reprint. Second, kids these days have a lot of other entertainment options from video games to pokemon. So baseball card collecting has dropped steadily in popularity. Also, baseball as a sport is less popular than in the past. Steroids and the opinion that the teams w/ money can win have hurt baseball. And I think the most important reason is the disaster of the 80s, which has extended until now, which is oversupply of cards. There are simply too many modern sets and cards. People tend to first get hooked on the hobby as a kid by collecting the modern cards and the current stars. Then they start getting more and more interested in the history of the sport, and move into vintage. Now, they don't even get started in the hobby anymore, which hurts vintage. I think each year only needs 3 major sets, an affordable collectors edition, a premium set, and an authentics set. The first two can have an Updated/Traded/Rookies subset, but that's it. With only 3 sets, it can make getting into the hobby a lot simpler and affordable.
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