SPT 111 Week 5 Discussion

SPT 111 Week 5 Discussion | southern-new-hampshire-university

Table of Contents Module Five 5-1 Discussion: The Economic Impact of Major Sporting Events

5-1 Discussion: The Economic Impact of Major Sporting Events

After reading the resource articles that discuss the various financial aspects of the sports industry, review a major sporting event. What economic impact does a major sporting event have? Do organizations grow from a profit standpoint? Explain. How are ticket pricing, salaries, and contracts influenced by sporting events? How does branding impact the event financially? Provide examples to support your thinking.

When responding to your peers, discuss other economic impacts that may play a role in major sporting events. Additional economic impacts may include branding, sponsors, naming rights, partnerships/relationships, and TV rights. Provide specific examples to support your response.