Live sports is the only thing that many would miss. I like sports too and went without all the Fox channels on Dish for a month missing 3 OU and OSU football games a few years ago. I survived, listened on the radio and life went on!
I'm missing a lot of Orioles games right now (Due to currently being without a television service provider), but I'm not
paying to miss a lot of Orioles games right now.

There's a big difference for me. I agree life goes on, and I think there is a local radio affiliate that carries games, so I might catch a game or two that way. I used to listen to baseball on the radio all the time as a child and haven't done so in a really long time.
And if I'm not in my new place with some sort of television service connected by the time the NFL preseason rolls around, I'll drive to a relative's house or a bar and watch my favorite team's games in one of those places. That's an expense (Even if it's just gas money to watch at a relative's), but it can come out of what I would be paying for television normally. If I were paying a full television bill and weren't able to watch, I might not have the money to go places, and I'd resent that, because that's the reason I normally pay the fee, to watch the games.
But it depends on why you're paying for television. For me when I was a kid and my family first subscribed to cable, it was specifically for sports. When I tried to "cut the chord" because of rising cable prices as an adult, I was back in a couple weeks, except with Dish instead of cable, specifically because of sports and news.
You can get better up to date news online than the sensationalized drivel you get from CNN, Foxnews, MSNBC etc..
It's true that there a lot of written news resources online that in some cases have better international and more in-depth domestic coverage than what you can catch on TV. There are also a lot of good podcasts (Radio-style downloads). Plus, I just discovered the other day that my Roku can stream legally stream some a free weekly PBS roundtable show with that African American woman who hosted one of the Presidential debates one year hosting the discussion.
Still, I like some of pundits on MSNBC and I like having the option of watching video feeds of live news and events with anchors covering stuff live as it happens. That's just a personal preference. But I agree it's not like I am cut off from the world without paid television.