The Sports Fan
The recent introduction of Sling TV has liberated one of cable's last holdouts: the sports nut. The service allows you to stream ESPN and ESPN2 (and that basic package also includes favorites like AMC, TNT, and TBS). The best hardware to go with it is a Roku 3; it has the most intuitive onscreen interface of any streaming box (and it's 50 percent off for Sling TV subscribers). The major events — the NCAA Final Four and Super Bowl — are still broadcast over the air, and you can snag those free with an HD antenna like the Mohu Curve 50.
What You Lose
Hard-core sports fans could be among the hardest hit by cutting the cable. Anything other than the biggest mainstream events might not be available, and if you're a fan of tuning in to your local team every night, blackout restrictions can prevent streaming those games.
If you're content bingeing on ESPN, a $20 Sling TV package will suffice — and save you $60 a month over cable. But subscribing to services like MLB.TV ($130 a year) and NBA League Pass ($180 a year) will add up fast.