> Well I guess my question would be are those sports really better for it?
Depends on your definition of better. Better for simplicity? I suppose. Better for entertainment? Arguable. Better for competition? No.
Right now, the rules incentivize time wasting. If you're up goal in the 85th minute, you should fake an injury or take 30 seconds for a goal kick because it improves your chances of winning. Other sports have solved this decades ago because of how flawed it is. Hell, even tennis, a sport that doesn't utilize a clock, added a serve clock due to players attempting to waste time to their benefit.