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Madden should not be 70$
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Bad price/time ratio? I don't know many hobbies where you'll spend that kind of money for 100h+ of enjoyment...
You can buy musical instruments for that price software or hardware synthesisers, for example.
But that's exactly the point, I'd rather pay double, triple, quadruple for something I know I'll use for hundreds of hours (a monitor, a new keyboard, a Steam Deck) than 80€ for a game that will last me 12 to 30 hours (I only play offline story-based games).
Even if I considered game X, there are decades worth of games availabe for under 10€ that I would rather get now or buy a Humble Bundle while waiting for a sale.
The issue becomes of all publishers start to follow Nintendo's model and not dropping the prices much.