Stakeholders In Sports Research Paper

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The stakeholders belongs to many groups in this story. First, the fans drive the enthusiasm and profits for the National Basketball Association. The franchises thrives on it, and need fans desperately to support local and national teams. Players on teams are significant too because they are able to connect with the NBA immediately. The players are able to listen to fans over social media and other ways and be able to let the NBA know effectively. Fans need specific NBA players to be excited and talk about. Players like Lebron, Kobe, and Durant have been talked about for years and continue a basketball legacy. Each player on a team has a role to maintain and have to meet expectations. If expectations aren’t met, fans are disappointed. Teams …show more content…

People don’t often do it. The Utah Jazz shows the philanthropy, and they featured 5 for the fight. 5 for the Fight is a charitable organization dedicated to fighting cancer. It wants people to donate $5 for cancer, and many people think it is the correct thing to do by featuring the logo on the jersey. The organization is not selling anything, and it does not pay for publicity. However, by not paying publicity, there is more risk for good or even bad news. Especially if a player does something wrong or the organization does not approach a situation correctly, bad news can turn viral. It can spill over to other companies and affect the reputations. With charitable causes, people often trust their news more than private company’s publicity or …show more content…

People don’t want the NBA to turn into a franchise like Nascar or soccer which regularly features advertisements on cars and players. Public relations is important to an institution’s communication. It is essential to have good relationships with players, fans, and the general public. NBA officials need to be careful when dealing with complaints, but it is essential that they respond to complaints. If the company does not respond, then it makes the organization look bad. The company will look like they don’t care about the groups involved. If fans are unhappy, NBA officials need to address the situation and communicate clearly. It means keeping healthy relationships with fans, stockholders, and sponsors. It also means that the NBA need to listen to fans

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