There were distinct positives where the old TV games formula is concerned.
TV money were guaranteed regardless of performance, which in fact provided stability to income within the same division. You are now shifting all income to attendance, which will open a can of worms trying to make sure that teams that lose several games in a row are not too hurt financially.
Moreover, with a relatively large lump sum transfer early in the season, team were able to invest in arena or players immediately, not wait for profits to build up. Of course, this consideration will soften as the wage structure fills up, but I thought the fact that it still hasn't made the lump transfer even more of a benefit.
"I don't know half of you half as well as I should like; and I like less than half of you half as well as you deserve."