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Baseball is still incredibly popular. It makes more money than it ever has. It may not ever be a part of the national consciousnesses the same way it used to be, but i don't believe any sport will continue to have that kind of grip in the coming generations. There's just too many other things for people to focus time on.
I agree that games are too long, and i honestly think the best way to fix it is to trim the time between innings (which they'll never do). But the game isn't on deaths door, it is still one of the three most popular sports in this country and that's by a wide margin. There will always be a large group of people who love the game, who became caught up in it because it mattered to their parents, just like previous generations did.
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