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The practice of sport facility management
The importance of technology in sports
The importance of technology in sports
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Recommended: The practice of sport facility management
Fund reserves are one of the key expenses in for a professional sports building because if you have to take from your funds to pay for something, then that is an expense. Technology is always changing, therefore in order for a stadium to keep up with other stadiums, they must change. So, when they need to change let's say a new video board they would pull it out of their funds.
• Utilities
Utilities are also important because stadium owners have to keep up with their facilities. Utilities would include electricity which could be expensive for the party that is licensing the stadium. Take a high school graduation for example, it should not be hosted in a sports facility for the reason that it will be lots of money.
• Contractual Services
Contractual Services are another key expense because it includes the following expenses which are maintenance, gas, cleaning and custodial. To keep up with the facility, you must have contractual services in order
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Equipment, as in heavy sound, audio, scoreboard, and video board are all important when hosting a game. The sound and audio must be good so that fans are able to hear important commentary; These are important expenses one must make. Just like the scoreboard and videoboard, these expenses are the keys to making a facility in top shape.
• Event Expenses
Lastly event expenses are key expenditures for sports facilities, Therefore when an event is going to take place or is taking place like a basketball game you need to pay for ushers to direct people to their seats. Also, ticket takers which would be at the entrance of your sports facility to make sure anyone that does not have a ticket does not enter. Lastly an owner must have material and supplies for if let's say someone spills beer on the court and you need to clean it up.
Revenues
• (PSL) Personal Seat License/ Premium
To pay or not to pay college athletes, that is the question. It seems like it would be a simple yes or no answer, but there are many underlying factors as to why paying athletes would be a negative. All universities vary in size and popularity, so how would it be possible to pay all athletes the same amount? Student is the leading word in the term “student-athlete”. They are not considered employees, which is what paying athletes would make them. While universities are making some profit off of the abilities of their athletes, college athletes make the personal choice to play a sport. Due to the differing popularity and size of universities and their athletic programs, there would be no fair way to pay all athletes. In addition, many athletes already receive compensation in the form of publicity, scholarships, and access to a high education, and therefore the NCAA and universities should not pay athletes.
Siegfried, J., & Zimbalist, A. (2000). The economics of sports facilities and their communities. The Journal of Economic Perspectives, , 95-114.
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.
In 1905, the NCAA (National Collegiate Athletic Association) was founded by President Roosevelt to help establish rules that would help cut down on the rising amount of sports injuries and deaths that were occurring. Ever since the beginning of the NCAA, it has been classified as a non-profit organization and all the money the company makes goes back into paying the employees and improving the organization. This includes the equipment the players use, researching for better safety, employing new people to help expand the organization to new sports, etc (Investing). People are starting to think that the NCAA should re-evaluate how they are spending their money and that they should begin to
The soccer controversy dealing with gendered wage gaps only reinforces the idea that gender is a psychologically ingrained social construct instead of an innate quality, especially in a patriarchal society where women oppression is still prevalent (Risman, 1998). As Hope mentions, “this day and age is about equality and about equal pay. We are pushing that and to be treated with respect.” By conveying this statement, Hope and her teammates are not only expressing their concerns about the gendered pay gap in soccer and in other realms of the work field, but they are also illuminating the existence of a pay gap as a larger sociological problem; a problem where a woman makes 76 cents for a man’s dollar (Sklar, 2012). Similar to other sports like basketball and football, soccer is conventionally portrayed as a manly sport with a great amount of physical contact, rigor, sweat, pain, skill, concentration and will.
Many people can easily picture this scene in their minds: the roaring crowds, the smell of easy- to-eat foods, and the thousands of people all dressed in the same colors. That’s a description of game day at a major college. College sports bring in a lot of money, yet their players don’t receive any money. Many people view this as something that needs to be changed while others believe that only professionals should be compensated. In the essays “Let Stars Get Paid” and “College Athletes Should Not Be Paid”, both authors give their opinions on whether or not college athletes should be paid. College athletes should not be paid because they already receive many benefits from being athletes.
There has been an extensive debate over the years about college athletes being paid and I honestly don’t see why there is a debate about it at all. The NCAA has strict rules about players receiving benefits from the school in forms of helping players and their families in the form of paychecks or even helping pay bills. College sports bring in an enormous amount of money for the schools every year and are expected to be given nothing in return. Sports do not only bring in money to schools but also more students and fans. The NCAA (National Collegiate Athletic Association) have taken several players’ records and rewards from them for the simple fact of getting benefits from the school and that is just not acceptable (Allen 115). Athletes are just like every other student in the way of having to pay for housing, food, bills, and more. Having to balance school and sports gives athletes no time to have jobs which means they do not have a way to bring in money to pay for the essentials of going to
Americans always seem to be working to make more money, however, is it worth it? Athletes sacrifice time and their physical bodies to make money. Celebrities sacrifice their privacy and personal space to make money. CEOs sacrifice time and risk financial security to make money. The common belief is that these are the three highest paid categories in the United States. However this is not the case since not all athletes are sponsored by Nike, not all celebrities are in large movies and tv shows, and not all CEOs work at a publicly traded company. The reality is that most of America still works hard and just because athletes, celebrities, and CEOs work nontraditional jobs does not mean their pay is significantly greater.
College sports have become more popular throughout the past few years and the NCAA is doing an immense amount of money. This increase in money has caused colleges to become involved in this global debate over whether college athletes should be paid or not. Many athletes believe they should be paid for all their hard work, time, and dedication to the organization. Other people like, Kristi Dosh, believe that college athletes shouldn’t be paid because there are too many questions that haven’t been answered for them to join the opposing side. A lot of questions come up with this debate, like which athletes are going to get paid? Kristi Dosh is an author and an ESPN sports business reporter. Dosh wrote the essay, “The Problems with Paying College Athletes”, on June 9, 2011. This essay was published in Forbes which is a business magazine about sports and money. Kristi Dosh makes a somewhat convincing argument by asking a lot of questions to get her audience to realize how difficult this change is, however; she doesn’t do a very good job giving any citations or statistics to back up her statements. Ultimately, I think Dosh is convincing to her audience, but the weaknesses outweigh the strengths.
College sports have grown over the years, earning billions of revenue every year. However, what may seem surprising is that the athletes involved do not get a single penny earned from the revenue. These college sports require tremendous time and determination due to long hard practices along with rigorous course works. And due to the lack of time, athletes don’t often have the time for part time jobs that allow them to earn money to buy things they need or want for their personal life. Therefore, college athletes have every right to be paid for their hard work.
The argument that college athletes should be paid as been ongoing for many years. With the growing rise of college athletes’ popularity in the media, many people believe that college athletes should be paid, but they do not see the negative effects of the payments. The payments of college athletes could cause their price of enrollment to rise, forcing many students to transfer to other universities or not attend college at all. It may also cause fan ratings to drop because the relatability factor would disappear. Along with university budget cuts appearing, academic scholarships and athletic scholarships would disappear. College athletes should not be paid because college athletes are students and not professional players, the deep connection
Variable costs: “Variable costs are costs that vary with the volume of activity”2 and they are: direct labor, Materials, Material spoilage & direct department expenses.
Should or should not student athletes be paid to play for their college? I in all honesty believe that you should not. It would be setting them out in a completely different way than they are meant to. Now I will justify why a student athlete should not be paid to play at a college level.
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...
examples of fixed costs are: annual salaries (i.e. Director of Rooms’ salary, paid irrespective of the number of hours worked), yearly external auditing cost, licenses and permits, training cost, out-sourced services contracted for a monthly fixed