I could say this would be unpopular, but I am a strong critic of the attempt of the videogames industry to try to copy Hollywood and do "movie-like experiences" and people defending them doing this, despite the fact it is bleeding the industry dry.  I could also say, for the most part, the attempts at doing storytelling through games has been pretty poor.  Some exceptions work gloriously well.  But then, when there is a slip up anywhere (looking at Mass Effect 3) the end result is piling on with criticisms beyond belief on the Internet.  The bar gets raised and demands up on games, in areas that really aren't needed.

I likely also hold an opinion that it is these expectations, and beliefs that are causing the videogame industry to bleed red ink.

Well, I'll have to kind of disagree.

I wouldn't have any problems with yearly releases for sports games if they offered a low priced roster update for the owners of past versions. Because let's be honest here, most of the time the only difference between a game of one year to the game of the next year are the players that have changed their team.

Also, I think that people who buys this kind of yearle games at full price are people with more money than brains.

And to finish: I don't like sport games. I don't get them. Why would I want to play football with my friends on a videogame when I can go and play it for real? Oh well, maybe it's because I grew in a small town and if we wanted to play football or anything else we just had to go to an empty field and play.

Precisely because the biggest differences are usually the rosters (and because there is no story) I think there is little incentive to buy the games every year, so it doesn't matter that they are yearly.

For instance, I have 2 FIFA games out of the 7 released, and bought them both at a discount. So I see no problem.