After holding a monopoly over the American beer market for over 22 years, Bud Light is no longer America’s favorite beer. In an epic fall that was due for a while, the beer that was held by millions of sports fans is slowly dwindling in popularity within the United States. Endorsed by the likes of Conor McGregor, Rhonda Rousey, NBA 2K and 27 out of the 32 NFL teams, Bud Light is officially dethroned from the top.

After a staggering $27 billion loss in a space of a week the beloved beer company has been usurped by a new king. Its drop in valuation was in part to the company pushing its product to people under the age of 21. A partnership with transgender influencer Dylan Mulvaney spurred an outrage as many believed Bud Light was targeting minors. Its sudden plummet has sent ripples across various markets including the NBA.

Bud Light is no longer supreme

Beer has always been a staple of celebration. While popping champagne is certainly a sign of victory, consuming beer is the best way to lay off. Bud Light has been the go-to drink for a long time now, but after its recent controversy that saw its sales drop by 24.4%, one could say otherwise. With its sales reaching an all-time low, there is a new king in town.

While Bud Light saw a huge loss in sales, Modelo Especial, a Mexican imported beer experienced a rapid rise in popularity. After a 12.2% rise in its sales Modelo has officially become America’s favorite beer with the NBA finals proving its credibility.

Trending

Big Setback for Shaq, as $155 Billion Company Eyes Charles Barkley and Kenny Smith Post-TNT Era

May 17, 2024 10:54 PM EDT

“I Can Be Replaced”: Shaq Drops Cryptic Note Online As Absence From TNT Live Show Confuses America

May 20, 2024 01:32 AM EDT

“Jordan Slipping Him Cash”: Fans Join In as Magic Johnson Slams Stephen A. Smith for Leaving Isiah Thomas Out of His List

May 18, 2024 03:30 PM EDT

Shaquille O’Neal, Tempted by Elon Musk’s Tesla Creation, Offers $159,999 Worth Trade to 30YO Comedian

May 19, 2024 06:38 AM EDT

Where Is Shaquille O’Neal? 7ft Legend Leaves TNT Studios Mid-Show, Draymond Green Stands as Replacement

May 16, 2024 03:46 AM EDT

Get instantly notified of the hottest NBA stories via Google! Click on Follow Us and Tap the Blue Star.

Follow Us

After clinching their maiden NBA title in a win against the Miami Heat the city of Denver has been partying for days. The Denver Nuggets stars have been parading through the city and one star in general has been loving America’s new beer.

When questioned about the reality of winning an NBA title hitting him, Aaron Gordon had quite the reply stating, “You want to know what’s hitting me? It’s those Modelos.” It seems the Mexican beer is quite the drink for champions as well.

Read More: “I Don’t Feel Bad”: Despite Creating History in NBA, Nikola Jokic Can’t Wait to Head Back Home for ‘Horse Riding’

What led to this dramatic rise and fall?

Bud Light didn’t have the wrong idea when first deciding to send beers to transgender star Dylan Mulvaney as she was celebrating “365 days of girlhood.” The boycott began once politicians and activists caught wind of this as many believed that the star had a huge minors audience causing severe backlash.

Watch this Story: “I’m not crying I promise”: Nikola Jokic- Champion player, Champion father, Steals fans hearts.

With a new king in town will we see Bud light make a return or is Modelo there to reign supreme for good? Let us know in the comments!