Sports and Money

Sport and Money Everywhere you look you see sport intertwined into everyday life, be it on the television, in your back yard, in schools, universities or in social networks. Nobody can escape the influence of sport, either as a spectator or a participant it s everywhere. But who is to blame for this new era in sports? Is it the sponsors who are pouring millions of dollars into the sports industry that are changing the attitudes of athletes? Sports And Money “Money makes the world go ’round. ” Sports could not exist without the presence of money. You have high paid athletes asking for multi-million dollar contacts, while at the same time …

For professional sports players it is no longer about the love of the game or staying loyal to your team or fans. It is all a question of money, or more to the point, Show me the money. The bottom line being, if the managers can t offer enough zeros on the end of a paycheck, they can wave goodbye to their top athletes. Controversy has erupted across the globe as to whether athletes are worthy of their Sports And Money Anywhere you look today you can see Mark McGwire hitting a home run, or Kobe Bryant dunking over someone. Every time someone watches television or reads a newspaper these, … illion dollar contracts. The bottom line is, athletes deserve all the money they earn because big corporations are willing to pay. High expectations are placed on athletes personally and professionally, and they have to subject themselves to risk on the playing field as well as personal sacrifice. An athlete being sponsored to play professional sports was once unheard of. How times have changed. Nowadays, wherever you see a Money in Modern-Day Sports Money in Modern-Day Sports Over the years, professional athlete’s salaries have steadily risen. The question is if they deserve the money or not.

Need essay sample on "Sports and Money" ? We will write a custom essay sample specifically for you for only $12.90/page

In … top class athlete, you will see a corporate name splashed on them somewhere. The 90 s saw a dramatic change in the amount of money an athlete could make from contracts and sponsorship deals. But what exactly is sports sponsorship? The Howell Report (CCPR, 1983) defined sports sponsorship as, the support of a sports event, sports organization or competition by an outside body or person for the mutual benefit of both parties, (Gratton and Taylor, p. 164). Basically the Money In Modern-Day Sports Money in Modern-Day Sports Over the years, professional athlete’s salaries have steadily risen.

The question is if they deserve the money or not. In my opinion, according to the … sponsors will give the designated sport team or player financial assistance in return for publicity that does not reflect adversely on them. It is amazing to think that sports sponsorship hardly existed as an, economic activity in Britain before 1970, (Gratton and Taylor, p. 163). By 1999, however, it was estimated to be worth $350 million (Noll, p. 494). Sports sponsorship globally, is projected to be worth around $20 billion (Gratton and Taylor, p. 165), with the United States cornering about When Salaries Get to High to See

When Salaries Get to High to See When people think of high salaries they turn to the world of professional sports, because that is where athletes are paid outrageous … a quarter of that market. As you can see from these figures, the companies behind these price tags can have a big say in dictating the nature of the sporting industry. The question is has the commercialization of sports harmed our sporting traditions, or played a key factor in its survival and popularity? The problem with the market for sponsorship is that it can be fairly patchy in the way it is When Salaries Get To High To See

When Salaries Get to High to See When Salaries Get to High to See When people think of high salaries they turn to the world of professional sports, because … divided up. Obviously there are going to be a small number of major sports events, teams and elite athletes that will be swamped in contracts. Due to competitive sponsorship bidding some of the sponsorship deals go sky high. However, the down side to this is that some of the less popular sports like Women s golf, are left struggling to find backing as they don t fit the sponsors criteria.

A fragile balance between a sport and its sponsor is Baseball Salaries When people think of high salaries they turn to the world of professional sports, because that is where athletes are paid outrageous amounts to do the things they love. Although … clearly evident, as they provide a major source of revenue for any sport. If a big named sponsor decides to withdraw its companies backing from a particular tournament or league, crisis can erupt as sport organizers are left trying to fill a void from lost revenue. Why not just get a new sponsor?

Sometimes it is not always that easy. At the moment a lot of European sports are struggling, partly because the European union passed a ban on tobacco Athletes Salaries What should athletes deserve to be paid? Many players have risen to stardom by becoming a professional athlete. Athletes have come from many different backgrounds ;some from wealthy and some … advertising in the sporting industry as of 2001 (Noll, 1997, p. 157). It is not proving to be an easy task trying to find replacements, so some sports schedules like motor racing are on the brink of going under.

The commercialization of sports through endorsement contracts, (Gratton and Taylor, p. 167) seemed to explode in the 90 s with eight figured deals popping up all over the place. Phil Knight, the founder and chairman of Effects of free agency in sports Professional baseball is in a state of turmoil. While the National Basketball Association and the National Football League are prospering, America’s “favorite” pastime is faltering. It is no … Nike, played an instrumental role in making the basketball legend Michael Jordan, a brand name in the international consumer marketplace, (Putnam, 1997 p. 55). Jordan s assignment was pretty simple, to be himself in order to establish a foothold in the athletic footwear market. So far it has been a major success story, and the only other athlete capable of overtaking Jordan s commercial clout is Tiger Woods. This Title 9 Athletic Scholarships: Who Wins? Athletic scholarships … is where the term cultural construction comes in to play. Is it Tiger Woods himself, his family or the media and marketing firms that have made him such a sporting superstar? No one can deny his overwhelming natural talent for the game.

He has broken records that most golfers thought impossible, so not all of his success can be a result of marketing exploitation. However, a lot of people argue that he is being paid too much money to represent wrestling The topic I have chosen to write about is the world of professional wrestling. My goal is to persuade you the reader that there is more to the wrestling industry … Nike at $100 million for five years ( Tiger woods Earnings ). People resent the fact that he could never spend all that money even if he tried, but that isn t really the point. It is necessary to assess what he is worth to Nike to endorse their products.

First we have got to take a look at Nikes total revenues for last year, which was 8. 8 billion dollars Paying College Athletes It is six o’clock in the afternoon in a big college town. A young college basketball player is walking down the sidewalk with his teammates and enters the local McDonalds … ( Stanford Study ). Phil Knight alone, the founder of Nike, made 1. 7million dollars in salary earnings (Putnam, p. 255). With these types of figures, we can see why there is nothing to stop giving out the multi million-dollar contracts to people like Tiger Woods.

The main reason why Nike is such a success story is because of their marketing strategy ;they choose to sponsor the best athletes in the world who all have a unique competitive edge and controversial side Paying College Athletes It is six o’clock in the afternoon in a big college town. A young college basketball player is walking down the sidewalk with his teammates and enters the local McDonalds … to them. Put this together with one of the most recognized symbols on the planet, the swoosh, and the result is a marketing phenomenon.

Nike Golf President Bob Wood, explains, Much of what we ve done in the golf business so far can be directly attributed to Tiger. We ve gone from Zero to 4 % market share in golf balls in just a few months . Tiger is worth every penny of it, ( Nike inks Does College Football Need a Playoff? Does College Football Need a Playoff? The BCS college football points system was introduced in 1999, the article \”The BCS is anti-competitive\” ;from Real Clear Politics says that it … Tiger Woods ). Even at $20 million dollars per year, Tiger has already proven to be an excellent investment for Nike.

During the Master s tournament in 1997, Wood s swoosh appeared on the screen for nearly 14 minutes. Advertisers called it, the greatest single exposure of a corporate logo, (Putnam, p. 232). Even recently in USA Today, there was an article on the value of Tiger Woods memorabilia. A columnist for Sport Collectors Digest, Phil Wood made a Internet Gaming VIRTUAL VEGAS, SPORTS INTERNATIONAL, WAGERNET, INTERNET CASINOS, INTERLOTTO and GAMING WORLD are just six of the estimated hundreds of Web sites that now offer gaming-related services over the worldwide … lassic comparison, Tiger is the Beatles in February of 1964, (p. 25, 2001, Wood). If anyone is to blame for all this money being given to athletes, it has nothing to do with the players themselves but the sponsors. To achieve greater profits, they have to give more and more money to their athletes. Their marketing strategy is a success, so if it works and both the CEO s and athletes are happy why not continue giving out the what went wrong with america’s schools Education is the key to any countries economic success.

For a country to be economically sound, the business and industry within that country must be financially prosperous. In … multi million dollar contracts? The reason is a lot of people feel that these lucrative sponsorship deals are having a negative influence on society. Are too many kids looking up to their heroes with the notion that one day they too might be signing on the dotted line with Nike for $20 million dollars per year like Tiger? Unfortunately, only a handful of people will ever make it this big, so it is unfair for Should College Athletes be paid

I. Pro II. Con III. My opinion IV. … communities and families to expect their prot g to become the next Woods or Jordan. The protagonist Jonathan in the Shadow of a Nation has to suffer the burden of expectations being pinned on him to be the next basketball hero. The problem with having so many people wanting you to succeed, gives us pseudo pride, (Smith, 2000, p. 98), is that it puts more pressure on the individual to make it, so failing becomes even more inevitable. Gatsby The Great Gatsby Why did Daisy choose Tom in the end???

In the novel “The Great Gatsby”, Daisy Buchanan was faced with an enormous decision. She had to choose between … Individuals should be left to make up their own mind if they want to be a pro athlete. It is no use forcing somebody because at the end of the day not everybody will reach the top. An athlete should never pin all their hopes on becoming the next Tiger woods, because at times this might be out of the question due to physical limitations. An underlying problem with Yes On July 30, Federal agents charged twelve Delta Air Lines employees of smuggling drugs into the United States.

Nine Delta Airlines workers were arrested and three others are sought as … sponsorship business exploiting athletes for their own use is that they turn sports players into national icons. There is already controversy over whether athletes should be getting paid so much for their talent, but is giving them a role model status as well taking it all a step too far? Many people say professional athletes are positive role models for the youth of today, as they show what can be achieved in sport. They also promote the idea STRIKES AND OVER PAID SPORTS PLAYERS

KEITH KUNZE ENGLISH 4 STRIKES AND OVER PAID SPORTS PLAYERS REPORT THE … of dedication and hard work in order to achieve your dreams. Although this is true in a lot of cases, so many times highly paid athletes have proven that they are not worthy of their status. A prime example of this is Mike Tyson, a boxing legend. How can we allow a convicted rapist to re-enter the sporting world and still get paid millions of dollars? Is this really the type of icon we want Nba Lockout NBA lockoutNothing ever can be simple when it comes to labor problems and sports.

Everybodyalways wants more than they have. You have your greedy owners and you also … our kids to look up to and respect? The problem is not enough people are voicing their concerns and objections. Instead, Mike Tyson keeps signing contracts for thousands of dollars to knock the living daylights out of somebody. Is this really the type of person we want our money as fans to be going to? Another negative role model in the sporting arena is Dennis Rodman. He is a basketball hero of so many kids growing up Australian Sports

Australia Sports Good morning ladies and gentlemen, adjudicator, and fellow debaters. There are a few discrepancies in the affirmative teams argument. (Then rebut) With a generally temperate climate, relatively low … nowadays. However, his attitude on and off the court is aggressive and disrespectful. The problem is the sports agents have made the situation worse. Because he is being paid so much to play, he realizes that he is an invaluable asset. This makes him believe that he has the right to act however he wants to.

The annoying part is that it is the loyal sports fans that have to pay for his arrogance. A high percentage of the athletes Sports Injury POLICY PAPER: SPORTS INJURY The ICCWA notes that: 1. Sports injuries in Australia are estimated at 1 million per year. Around 200,000 of these are regarded as serious and 40,000 … paycheck comes from the average person that has to put up with rising ticket prices to watch the game, just to support an individual that should not be given a role model status

Haven’t Found A Paper?

Let us create the best one for you! What is your topic?

Haven't found the Essay You Want?

Get your custom essay sample

For Only $13/page