Frosty
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I think a better analog to predict the effects of multiple, competing sports organizations is the boxing governing bodies. It's fair to say that the proliferation of governing bodies, which, prior to the early sixties, just included the WBA, made the overall product worse. There are for sure other causes for the decline of interest in boxing, but it's probably not a coincidence that there's a correlation between the creation of a bunch of boxing organizations and the decline of the sport.