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The nature of sponsorship in the sports industry
The nature of sponsorship in the sports industry
The nature of sponsorship in the sports industry
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Money impacted the life of everyone in a certain way. It even changed the way in which the sport is moving. To be more specific money changed soccer from the 90s to how it is today. In fact, in the 90s, the soccer was about pride, fun and competition. On the other hand, the soccer of the present is managed as a way to get money. There are many contrasts between soccer from the 90s and the present, thanks to the money. Money very likely had changed soccer from the 90s to the present in three main ways: inflation, marketing and sports scandals. The first change that money caused between the soccer of the 90s and the present is inflation. Soccer is one of the various sports where inflation grew tremendously. In addition, huge amounts of money …show more content…
In 1992, the television network Sky Tv paid about 191 million pounds for the Barclays Premier League television rights for five years. That amount seems to be enormous, but compared to what television networks pay today is a small amount of money. On the other hand, in 2010, the television networks Sky and Setanta paid 1.7 billion pounds for the rights of transmission for five years. Today’s soccer seeks to do business with anything, regardless if it damages the sport’s integrity. For example, in 2004, the soccer team Arsenal signed a contract with the Emirates Airlines Company. The contract consisted of changing the name of their stadium to Emirates Stadium in honor of this powerful company. The airline company paid a little more than 100 million pounds for the rights to name the stadium Emirates Stadium and the sponsorship of team for fifteen years. In contrast, in the 90s all the stadiums were named after an important person on the team such as a player, president or even fans. It was a way of honoring the people who gave so much joy to the institution. For example, in 1991, the Huddersfield Town team return to the Barclays Premier League after twenty years …show more content…
In fact, this is everywhere in this sport, the only thing that soccer teams care is how to make money. For instance, as it was mentioned earlier, in the 90s the stadiums were named after someone who is historic to the team or by a significant part of the city. Returning to the subject of the Barclays Premier League, in the 90s, many stadiums were named by important streets or buildings of the city. For example, Old Trafford, White Hart Lane and Stamford Bridge are names of important buildings in England. However, in consequence of the power of money many teams come with the idea of putting a company’s name to their stadium as an option of getting money. In addition, in 2001, the majority of the English teams added to their stadiums, restaurants, museums, supermarkets and hotels. Somehow the essence of watching the sport in the stadium to support their team disappear. In addition, millions of people watch the games by the television. As a result, many companies know that during the break of the game was a great way to promote their product. However, soccer only has a single and small break. As a result, the companies start to promote their business not on the television but the team’s uniforms. An example of this are Fly Emirates, Chevrolet or Samsung; these companies invested millions of euros to put their names on the uniforms of the top teams in the Barclays Premier League. Many
Let me introduce myself. My name is Heather Smith; I'm 18 years old and am a senior at Suttons Bay High School. I was born and raised here and have attended Suttons Bay Schools for 13 years. My hobbies include playing socer, spending time with ym friends, music, art, snowboarding, biking, working out and traveling. Six years ago I startedmy love of travel when I had the opportunity to travel on a 16-day European History trip to the countries of England, France, Italy, Switzerland and germany with family and friends. Last summer I traveled to Spain with my school's Spanish club, and in March I went to Mexico. I speak Spanish and plan on continuing my studies at Michigan State University this fall. I find that traveling is so interesting as it gives me the chance to see how others live and experience their culture.
Professional sports were beginning to be organized in the 1850s. At this point, their salaries, although they were still higher than the average person’s, were not too outrageous. In the 1880s and 90s, baseball players in particular were making on average about $1,750 annually. Even though this was three times the salary of an industrial worker of the time, they were not happy with this amount of money and felt they should be earning more (Baseball n.d.). In the 1970s, the worlds of professional sports took a drastic turn. According to an article by J.L. Carnagie, “Two words described sports in the 1970s: big business. Owners and athletes in major professional team sports knew there was money to be made in their games, and they went after it.” (Carnagie, n.d.) Athletes, especially, realized how competitive teams were becoming, and they were well aware that talent was in high demand. In the beginning of 1980s, the best athletes were demanding even more money; and the majority of the time, they got what they wanted. By end of the 1980s, many athletes were making over a million dollars (Carnagie, n.d.) These increasing salaries were very ironic because when professional sports began they were intended to be a showcase of players’ talent and athletic ability. Professional sports leagues were also supposed to be similar to the Olympics in that they would be free of politics and influence of society. However, by the 80s, they had become all about the star athletes and how much money they could make. By this point, professional sports had evolved into an industry that was focused on entertainment and money, rather than the sports actually being played (Carnagie, n.d.).
Sports transformed into a business where profit was the main concern. “As the pecuniary returns of the game increased, the value of the individual player was enhanced: the strength or weakness of one position made a difference in thousands in receipts, and this set the astute managerial mind at work” (Ward 315). This pertains to baseball, football, basketball and any other sport today. The more money a person could make off the game, the more significant the players became. The players were the ones making the money for the owners or the gamblers, and so many of these people no longer saw the person in the player, only the prowess in the player. The players soon began to be thought of as property and were often coerced into giving their permission to be traded to another club. “[T]he buying club bought not only the player’s services for the unexpired term of the contract, but the right to reserve or sell him again” ( Ward 315). Clubs claimed that this right to the player’s prowess was necessary to conserve the game and so many clubs abused this idea and ignored getting the player’s
Franklin starts by giving reasons why he has used soccer to explain the failure of globalization and also clarifies that his objective is not to argue economic changes and factors, but to address cultural issues. In the first part of How Soccer Explains the American Culture Wars, the author goes into depth that how and why soccer entered into his life and what role his parents played to ensure that their child excelled in the sport. He then talks about the cultural divide in America; the different mindsets of the elite and the working middle class and how individuals from these classes reacted to the introduction of soccer in America in the 1980’s. Moving on, in the second part of his analysis, the author sheds light on the hateful comments of some eminent Americans such as Tom Wier, Jack Kemp, Allen Barra and most importantly Jim Rome. These individuals have openly expressed their hatred for soccer and they believe that it is “not a sport”. To counter claims and criticism made these men, Franklin presents some facts and figures that clearly state that over the years soccer has managed to make its way into the American culture, while the most American sport i.e. Baseball has lost viewership. This section is summed up by differentiating between the stances of two contrasting groups towards globalization. In the last part of the
Games similar to soccer were played in China as early as 400 B.C. In 200 A.D. the Romans played a game in which 2 teams tried to score by advancing the ball across a line on a field, which means no soccer goals. They passed the ball to one another, but not by kicking it. Also in the 1100's, London children played a form of soccer (World Book Encyclopedia, S p.73).
In the 19th century, soccer started to come to life in America. Some colleges started to play the game in the 1820s, with the first contest taking place at Harvard in 1827. Then, a huge invention took place in 1855. That year, the Charles Goodyear soccer ball was invented. Charles Goodyear created these soccer balls with vulcanized rubber. 12 years later in 1867, soccer took two huge steps. The first standardized soccer rules were published that year. Now, graduates from different schools could play together and had proper rules to follow when playing a game. But later that year, another just as, if not mor...
...t very seriously and expend most of their free time trying to get better. In the United States, though, this is virtually reversed. This is not to imply that countless players at all strata in the U.S. do not take the sport as earnestly or try as much as their European counterparts. However, soccer is placed neatly on a high shelf next to tennis and golf, written off for the large part as a sport of the affluent and wealthy. Masculinity also plays a role, as many see football to be much manlier, played traditionally by the archetypal jock. Major League Soccer (MLS) achieves only a fraction of the viewership of the National Football League (NFL). Matches are only broadcast on national networks once in a blue moon, if at all. It is plain to see, especially at U of M, how little emphasis is placed on soccer in comparison to football. One need only to follow the money.
Over the past twenty years, many things have changed and evolved to impact our economy. From cell phones to music to media, we are all constantly affected. The most influential aspect though, in my opinion, has been America’s biggest game, the Super Bowl. The Super Bowl by all means effects our economies in every way, shape, and form. The sport is one of the most complex social institutions in American Society. Sports effect major institutions of society, including: the mass media, politics, religion, education, and family. The Super Bowl gathers thousands of viewer’s attentions including those who do not usually watch the regular season games.
Soccer is a religion to many in the world. It is interpreted in many different ways, became a lifestyle and family to millions of people. If soccer is a religion, money has become it's undisputed god in the 21st century. Money lives and thrives throughout the sport of soccer in many ways. Whether people like it or not it is on jerseys and stadiums, in the player's mind, and the owners grasp. Some of the biggest clubs in the world are products of brilliant branding of the club's name. This is achieved through lucrative owners and presidents, but when does money become too much of a distraction and a problem for the sport? There is a very fine line between using and abusing money in the sport today.
The sport of soccer has overcome many changes through the years. In particular, women’s soccer compared to men’s soccer has gained much notoriety. The widespread knowledge of soccer has spread throughout numerous countries. Soccer began as primarily a men’s sport, but today soccer is considered a sport that both genders participate in. Women’s soccer has changed dramatically over the years with the increase in popularity as well as new style and rules of the game.
While sports for the spectators are merely entertainment, the economics of the industry are what drives businesses to become involved. Sports have become more of a business entity rather than an entertainment industry due to the strong economic perception of the over all industry. There are several instances in which economics may contribute to the effect on the sports industry, such as: the success of a team, the price of a ticket, the amount of money an athlete will make, and the amount of profit a team will make. The success of an...
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 contracts, while at the same time you have doctors not even making close to that amount. There are corporations buying out sports teams, buying stadiums, and buying everything that has to do with sports. Someone may ask why they do this.
The World Cup impacted the 20th century economically because of it’s globalization of the of the sport and it’s creation of the soccer business in the world wide market. When the World Cup first emerged into the light of the world it soon became a new global business as countries spent money just to watch the amazing game. However this global business wouldn’t have started without the creation of the generator and controller of the World Cup themselves, FIFA. The absolute mecca of the soccer world was created in “ May 1904....founded by representatives from France, Belgium, Holland...
An example of brand awareness is the deal between Manchester United and Adidas. When announced by Nike at the end of the 2014-2015 that they would not be renewing their kit sponsorship with Manchester United, Adidas was brought up to sponsor the English giants. The deal turned out the be the most expensive deal in the world for kit sponsors, “a 10-year deal worth £750 million, roughly £75 million a year” (Wilson, 2014)With the famous Adidas logo and “Red Devil” on the kits, Manchester United are viewed as a brand to the world of football, as the club starts to promote an image. With this new image of success, Manchester United can bring in better players to promote wins to the club, such as Adidas sponsored French international star, Paul Pogba. After a record transfer fee of £142 million, Paul Pogba brought a new image to the club itself, bringing in superstars to give Manchester United more wins in England and around
Sports worldwide are on the rise. Baseball, basketball, and even volleyball are on the rise, but there is one sport that has the most participation is soccer. Soccer is the most prevalent sport played worldwide, because it is the most accessible to play do to just needing a ball. Other sports require a lot to use, which can be expensive. If football was not so expensive, along with other reasons, it could have expanded and taken flight within other countries as baseball and soccer