HBO's Real Sports Will Cover Baseball Card Boom

[jayshum]

I watched the show, and I still don't understand how the NBA is selling video highlights that some guy has a collection of that is now worth $12 million (down from $20 million). From what was said, the highlights can be seen online by others than him so how is there any value (let alone millions) in owning them? He said something about them being officially licensed NBA products, but I just don't get it. Can anyone explain it to me?

[Harliduck]

Originally Posted by jayshum

I watched the show, and I still don't understand how the NBA is selling video highlights that some guy has a collection of that is now worth $12 million (down from $20 million). From what was said, the highlights can be seen online by others than him so how is there any value (let alone millions) in owning them? He said something about them being officially licensed NBA products, but I just don't get it. Can anyone explain it to me?

I too will anxiously await an explanation as that made no sense to me at all. They even played his "valuable" highlights on the show...I don't get that one at all...I wouldn't pay 5 bucks for that. Maybe he can sell them or rent them for commercials or something? Would he have the right?

[Aquarian Sports Cards]

Originally Posted by Harliduck

I too will anxiously await an explanation as that made no sense to me at all. They even played his "valuable" highlights on the show...I don't get that one at all...I wouldn't pay 5 bucks for that. Maybe he can sell them or rent them for commercials or something? Would he have the right?

No, an NFT conveys no rights of use. You don't have the ability to license your clip to Nike or whatever. Think of it as owning a digital music download. You own the music, but not the rights to it. The only difference is instead of millions of downloads, as in music, there may be only a handful available of a given clip.

[mr2686]

Originally Posted by Aquarian Sports Cards

No, an NFT conveys no rights of use. You don't have the ability to license your clip to Nike or whatever. Think of it as owning a digital music download. You own the music, but not the rights to it. The only difference is instead of millions of downloads, as in music, there may be only a handful available of a given clip.

Count me as another that is scratching his head over these video highlights. To make matters worse, the collector's explanation on the show made no sense and made him sound like a desperate used car salesman trying to make sure his investment doesn't tank any further.

[jayshum]

Originally Posted by mr2686

Count me as another that is scratching his head over these video highlights. To make matters worse, the collector's explanation on the show made no sense and made him sound like a desperate used car salesman trying to make sure his investment doesn't tank any further.

He supposedly spent around $200K and his investment is worth around $12 million so I think he's still doing ok, but I still don't get it. From what Scott posted, I understand that there may be a limited number of downloads available for a given highlight, but if it's available elsewhere online for free (or even shown on the HBO show) then how are people willing to pay so much for one? People may ask why someone will pay millions for a card, but if I own a specific card, then no one else can own that card. That doesn't seem to be the case with the highlights.

[Harliduck]

Originally Posted by jayshum

He supposedly spent around $200K and his investment is worth around $12 million so I think he's still doing ok, but I still don't get it. From what Scott posted, I understand that there may be a limited number of downloads available for a given highlight, but if it's available elsewhere online for free (or even shown on the HBO show) then how are people willing to pay so much for one? People may ask why someone will pay millions for a card, but if I own a specific card, then no one else can own that card. That doesn't seem to be the case with the highlights.

My first thought is if it's currently valued at $12M...SELL SELL SELL!

He did come off as a used car salesman...