Baseball's attendance has been on the rise mostly because of brand new stadiums in many cities - people in the first few years of a new stadium go to see and experience the new ballpark - Camden Yards was packed until the novelty wore off, Skydome the same thing - now they're half empty or less and the same thing will happen to these newer stadiums
Like I said, baseball appeals to the 50 plus crowd - as the Baby Boom generation ages and retires they have more free time to go to watch baseball. And baseball is a very cheap ticket compared to NFL,NBA and NHL, you can easily get tickets to MLB games for 10 bucks and under.
I'm not saying baseball is going to die - but it's no longer anywhere near the 'national pastime' - it's a niche sport. The only sport that isn't a niche sport now is the NFL.
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