Wait a second!
More handpicked essays just for you.
More handpicked essays just for you.
Influences of sport in society
Influences of sport in society
Contemporary social factors that influence sport
Don’t take our word for it - see why 10 million students trust us with their essay needs.
Recommended: Influences of sport in society
Introduction
Does money ruin or enhance the beautiful game - We all know that money is becoming an uprising factor in everything that we partake in at life, however is this for the best or for the worst. Does money have its limits or does money make its limits. Football has been enjoyed by so many since the creation and it has progressed and grown thoroughly into the sport icon that it is today, money is a part of this ever growing sport but is it really aiding the development of it? Money is an ever growing resource in the world today so was it inevitable that football would be influenced by this resource or has the influence occurred due to the game requiring it.
As many people are aware football is the most popular sport to be played in the world today, it is a competitive team sport which requires high physical performance and social communication. The way football is played now was first codified in England, this could be one of the reasons for the English football leagues being the most enticed in this development of money in the game. The game is
…show more content…
The game has been enhanced in a social way through things such as large stadiums being developed. This has helped to benefit the sport socially as it has brought many fans together to as they can interact with fans of their own teams who have similar interests to them. Without the money within the game then the fans wouldn't be able to follow and support their teams on the level they do now as stadiums are so big holding thousands of fans. The money within the game has provided an extrinsic value for the performers , this has enhanced the performances of the players as they want to play as well as possible in order to earn more money. In addition by doing this it has increased the number of fans who go to games and follow their teams due to the level of performance of the teams being higher making it more enjoyable for the fans to
America’s newfound favorite pastime, football, came from a bizarre chain of events. Football started when a soccer player got fed up with just kicking the ball, so he picked up the ball and ran to the goal. His actions of picking up the ball and running with it fathered a new European sport, rugby, which was soon brought over to American shores, and was altered slightly, the shape of the ball and a few other small rules. The sport became organized into a league and produced the NFL(National Football League). The NFL had a slow beginning, but has picked up popularity, currently having a $9 billion yearly revenue.
By abolishing the salary cap, the Department of Justice ruling has had a substantial impact on the competitive balance of the NFL. Because the salary cap was removed, over the past 10 years teams from big markets, or who have deep-pocketed owners, have been spending money rampantly. Small market teams have been marginalized to a point of having very little chance to win, as they cannot afford to spend freely on talent, as they do not have the income potential to make money. This progression is similar to what we have seen over the years in professional soccer, specifically in the UEFA champion’s league and Spain’s. In the UEFA Champions League, 12 teams have combined to win 48 out of the 58 championships, or 82.76% of championships. There has been such a lack of Competitive Balance in revenue splitting and salary cap free soccer that even among the best teams in the world there is great disparity. An even more extreme example can be found in Spain’s La Liga, where the top 2 teams have won 65.85% of the league’s 82 championships and the top 5 teams have won 93.9% of the league’s championships. This lack of competitive balance is certainly caused by a lack of salary cap, as the top 2 teams spend up to €190,000,000 per year on players while lower level teams spend up to €14,000,000 per year on players. The NFL’s continued revenue sharing, however, has made it so that disparity in the league isn’t quite as large as it is in professional soccer. Despite these effects of Revenue sharing, the lack of a sal...
The Travels of Zheng He In 1403, the new emperor, Zhu Di, ordered the construction of the Treasure Fleet – a fleet of trading ships, warships and support vessels that would travel across the South China Sea and Indian Ocean. First voyage (1405-1407) – Zheng He was made commander of the Treasure Fleet and set sail for Calicut to purchase spices such as cardamom, cinnamon, ginger, turmeric and pepper.
When the world cup was hosted by Japan it brought in a big influx of foreign currency, tourists and additional spending on goods and services. Large sport events such as Wimbledon or the European championship has a similar effect as a multiplier effect. The economic situation of British football has changed massively in the last ten years: what was a hugely under-capitalised industry at the end of the 1980s (that operated on very tight margins and often had to endure enormous losses) has been transformed into a multi-million pound business where the maximisation of revenue and profit are key strategic objectives for clubs and associations alike. (http://www.liv.ac.uk/footballindustry/ninetieshtml). There has been a rapid growth in professional footballers since 1986 accompanied by a significant increase in player employment turnover There are a number of employment opportunities available to those on the football programmes.
Football is a very famous and well-known sport all over the world. Fans go crazy about their favorite clubs and teams play as hard as they can to win the championship. What a lot of people do not talk about is the money aspect of football. Every year football clubs spend millions on buying and selling players, which is called transfers. Apart from that, the amounts of money clubs pay their players, as a salary is outrageous depending on the team. In many leagues, there is the firm belief that spending a lot of money on players leads to success. It is easy to pick out the teams that spend most money on their players since their wage bills are much higher than the rest when compared. Looking at the English Premier League, which consists of 20 different teams, one is able to see how much teams spend on their players. This brings up questions such as: how can we measure how worthy a player is and decide how much to pay them? Or, how do teams decide that a player is good enough? Why do players who seem to be just as good as others get paid so much more? These research questions are all very interesting, though what will be focused on is the relation between success and the amount of money spent on players’ salaries.
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.
It is a business in which owners and players attempt to coincide. It is a business where TV controls fan interest. It is also a business that affects many people's lives, both monetary and living aspects. There are many aspects that are involved in the economics of sport. Each one has unique qualities that add to the greatest source of entertainment.
It is a delicate and confusing situation. If the fans will pay for everything from the hats to the T-shirts, to the tickets to the hot dogs, the teams will generate more money. However, if that happens, come contract time athletes will demand for more money. If the athlete demands more money, the cost of tickets and memorabilia will go up.
I understand your frustration. The huge amount of money footballers are receiving is absurd. As a huge football fan myself, I will agree to some extent, but not entirely. The question that is being asked by people time and time again is, “Why is he getting paid with this much amount a week, just by running around the pitch and kick the ball?” We are told that times are very difficult.
Football is the most obvious sport whose commercial value has been tainted by the actions of its players. While the game still attracts multimillion-pound investment from brands due to the massive media spotlight it enjoys, many are questioning the wisdom of their associations in light of a seemingly never-ending stream of negative headlines.
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...
The economic impact of media sports illustrates the central importance of our culture. For example: Statistics show that Americans spend more than $60 billion annually on sports (it is between 1% and 2% of Gross National Product). Being a star in media sports in America means receiving a temporary income of 6 or 7 figures. Personal Identification and Heroes Sports fans often identify themselves with teams, players, and regions so that outcome takes on personal significance to them.... ...
Sports are loved by many people, it is not just a game to these people it is a way of life, the industry entertains society and gives them an escape from the norms of life. The continuing growth of the sports industry creates more jobs for people which keeps the economy strong and fewer people from unemployment
Sport has always entertained and influenced our lives. It creates dreams for children and goals for adults. However, many fans are oblivious to the millions they pocket each year. It is without doubt that our sports stars are grossly overpaid. Their annual earnings exceed those we make in a lifetime, even when compared to highly qualified professions. Despite the money factor, we sometimes question the values that are emphasized.
There are many deciding factors that can confirm that the World Cup is truly the biggest sporting event in the world. A massive amount of money is invested into the World cup every time it comes around. Three billion has al...