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You forgot about the NHL playoffs. Sorry, Canadian bias. Anyways, I'm sure it has mostly a positive effect, but sometimes the need to validate their fans can backfire and make them perform worse so it could work both ways and there are a variety of factors to consider like you mentioned that can sway the outcome one way or the other imo.
Dat link. :thumbsup:
(15 pages in) An interesting discussion when read in conjunction with the Japanese value of ganbarimasu ie: doing one's absolute best (in most any task) - and with the stated goal of some martial art training of pushing practitioners to their limits, and then slightly further.