From what I understand all professional sports are having difficulties gaining traction with the Gen Z demographic

And they’re all doing the same nonsense with making it annoying to watch. I’m not asserting that I’m definitely right or anything. I haven’t done anything resembling actual analysis of the trend. Intuitively though, given my own experiences with the prospect of following a sport I enjoy or not, I wouldn’t be surprised if it was just the leagues offering poor value to a demographic that hasn’t been locked in to the sport yet.