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Sports marketing chapter 1 review
Sports marketing chapter 1
Sports marketing chapter 1
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Harpreet Kalsi Final Essay: More Money, More Problems Nike just released their brand new Nike CR7 chapter 4 series of soccer cleats which promises explosive speed like Cristiano Ronaldo. The Nike Mercurial V soccer cleats are just a small fee of $334.99 (World Soccer Shop). These cleats are not meant for professionals or even college athletes, they are directed towards youth athletes. This is just one of the many examples of the rising costs associated with youth sports. The average cost of of sports increases by 6.7% year over year, placing an increasingly large burden on those who participate in them (White). Thus, the largest issue in right now sports is its inability to reconcile the influx of money and increased commercialization in youth …show more content…
In the 1980s Sonny Vaccaro, also known as the “sneaker pimp”, began the exploitation of the commercial potential for college athletes. He brought companies to college sports by offering the institutions and coaches money for having their players wear sponsored shoes. He was the key factor in the relationship that harbored the first corporate entity that got involved with a coach and university, but he was far from the last. Many other companies followed Vaccaro’s example and began to sponsor college sports. The more money that came into sports, the smaller the gap between college and professional sports became. This can be seen with the creation of new college sports facilities like the new Oregon sports facilities totaling over $68 million, complete with a barbershop, separate hot tubs for the coaches, and a complete team cafeteria. While college sports are quite different that youth sports, the commercialization and the elaboration of college sports are essential components to the commercialization of youth …show more content…
The average costs have been rising by 6.7% each year and the variance between the higher level of sports and lower level of sports has never been greater. According to an article by Greg Stamper, the total cost for a youth hockey player can range from $580 to $16,200. This degree of variance is not exclusive to hockey. It can be seen in all other sports including baseball which have an average range of $4,280 ($270 on the low and and $4550 on the high end) and soccer with an average range of $3190 ($110 on the low end and $3300 on the higher end). Not only have the variance of princes of sports risen, but the average costs have aso
The focus of professional sports has evolved from one of teamwork and camaraderie to one of avarice and greed. The specific problems in recent years that have stemmed off this overwhelming greed include exorbitant salaries, lockouts (or work stoppages) in professional sports, and the growing disparity among team payrolls. Most recognize these issues as major problems; however, others overlook the greed and see validity in the financial aspect of today's sports world. They argue that professional sports are thriving and should not be modified.
Van Rheenen, Derek. "Exploitation in College Sports: Race, Revenue, and Educational Reward." International Review for the Sociology of Sport 48.5 (2013): 550-71. Print.
Money Hurts College athletes attend post-secondary schools in order to receive an education and to participate in sports. “Student athletes participate in an organized competitive sport sponsored by the educational institution in which he or she is enrolled. Student athletes must typically balance the roles of being a full-time student and a full-time athlete” (“Student athlete” 1). Additionally, some people believe athletes should receive a salary. However, paying college athletes hurts the school, the sports, and the athletes.
Video footage and documentation of the man who coined the term “student athlete” is shown. One compelling piece of evidence was when the founder himself admitted that the concept was outdated and should be change. This combination of diverse viewpoints helps to expose the truth of how college football turned into a multibillion dollar industry supported by unpaid laborers.
Paying College Athletes The main place where student athletes can express themselves and show off their skills through college athletics. A century has passed and student athletes now feel like they should get paid on top of the benefits they already receive studying at a university. In the event that that happens, the only beneficiaries would be the athletes of the largest sports programs like football and basketball. It would create unneeded chaos between universities and smaller colleges and the more and less popular athletic programs. In the end, it would mean the end of college athletics.
Johnson, Dennis A., and John Acquaviva. "Point/counterpoint: Paying College Athletes."The Sport Journal 15.1 (2012). Questia School. Web. 3 Feb. 2014.
Zimbalist, Andrew S. Unpaid Professionals: Commercialism And Conflict In Big-Time College Sports. Princeton, N.J.: Princeton University Press, 1999. eBook Collection (EBSCOhost). Web. 27 Mar. 2014.
However, others argue that these athletes are producing revenues not only for the schools, which gives these students scholarships, but also for shoe companies, television networks, and the conference in which these schools belong. Moreover, the equity problem could obviously be solved if all collegiate...
Where is the money these athletic programs are earning going? There are many different categories in which a college program needs to put their money in order to create the best profit they can for the next
The payment of NCAA student-athletes will deteriorate the value of an education to the athletes. The value of an education for a young man or woman cannot be measured. It is our gate way to success as...
The NCAA formulated a form of athletic scholarship that avoided unionization and wages for college athletes. In the same vein, this would have made sense in the early decades of the 20th century but not today when college athletic generate billions of dollars and require total commitment and tremendous efforts from athletes. Payment of college athletes is necessary because it is appropriate that the one who helps create value should at least share a portion of that value. It is essential to rethink the concept of amateurism because prevailing environment and changes over the years have rendered it obsolete (Institute of Sports Law and Ethics 3). The huge sums of money generated by educations institutions and the degree of commitment majority of college athletes make in order to be successful should be considered.
What first started as college sport clubs in the 1850s where rowing and baseball were popular beginnings, has now grown into thousands of schools and divisions participating annually. The impact intercollegiate athletics has on not only the college population but also in the United States has increased significantly over the years. Cultural and economical aspects further drive this flourishing popularity; large college athletics are ran in a business manner in order to provide another source of income towards schools, tickets, merchandise, and broadcasting contracts are main sources of revenue. Although many things have changed over the years it has always been known for athletes to receive some sort of scholarship or assistance with school. Compensation in past time was received as employment, gifts, favors, and free room and board, these originally were provided by school’s alumni and fraternities.
Herbet D. Simans, Derek Van Rheenen, and Martin V. Covington focuses their argument on academic motivation of student athletes and what drives them to want to succeed in the classroom as well as on the court or field. Although Flynn also focuses on academic motivation of student athletes, he also discusses how colleges tend to spend more money on sports related necessities for the students instead of towards their education. Flynn’s argument displays how colleges are basically a business...
While in class, I didn’t quite agree with the idea that commercialization could completely corrupt sport with a more attuned understanding of the Corruption Thesis; I now understand how it could and where many critics of sports commercialization are coming
Sports are one of the most profitable industries in the world. Everyone wants to get their hands on a piece of the action. Those individuals and industries that spend hundreds of millions of dollars on these sports teams are hoping to make a profit, but it may be an indirect profit. It could be a profit for the sports club, or it could be a promotion for another organization (i.e. Rupert Murdoch, FOX). The economics involved with sports have drastically changed over the last ten years.