...| Faculty of Media, Design & Management | | Assignment Brief | | Module Title: | Intermediate Sport Management | Module Code: | SL501 | Assignment: | CW2: Sport Business Report | Assessment Weighting: | 40% | Submission Date: | 21 May 2014 | Feedback Target Date: | 11 June 2014 | Tutors: | Andrew Rankin / Alan Hockley | | | This assignment is to be submitted electronically using Blackboard | 1. This assignment must be submitted electronically by 2pm on the submission date 2. To submit electronically you must upload your work to the e-submission area within the Blackboard module concerned. Click Submit> Browse (find the correct file to upload) Upload> Submit 3. You can resubmit your work as many times as you like until the deadline. If you choose to resubmit, your earlier submission will be replaced, and you will NOT receive an Originality Report until 24 hours from when the submission was made. 4. You will receive a digital receipt as proof of submission. This will be sent to your Bucks e-mail address; please keep this for reference. 5. You are reminded of the University’s regulations on cheating and plagiarism. In submitting your assignment you are acknowledging that you have read and understood these regulations. 6. Late submission within 10 working days of the deadline will result in the mark being capped at a maximum of 40%. Beyond this time the work will not be marked. 7. You are reminded that it is your responsibility to keep...
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...FOUNDATIONS OF SPORT MANAGEMENT Essay #2 TOPIC: SPORTS AGENTS By, Christos Balafoutis Date: 10/20/2010 Nowadays, becoming a good athlete depends on having a good agent in most of the professional sports. A sports agent is a person who procures and negotiates employment and endorsement contracts for a player. In return, they receive between four and ten percent of the playing contract and ten to twenty percent of the endorsement contract although this figure varies based on their own negotiations with the sports figures. That means that sports agents, make good money. A sports agent is a person who helps market athletes or products associated with that athlete to promote an athlete's career. Agents are responsible for all communications with team owners, managers, coaches and other individuals to help promote an athlete's career. Primarily, agents are used to broker and negotiate contracts for their clients. Also, they are responsible for making recommendations in regards to their options. In addition to finding incoming sources, agents often handle public relations matters for their clients. In some large sports agencies, such as IMG, Creative Artists Agency and Octagon, agents deal with all aspects of a client's finances, from investment to filing taxes. Sports agents may be relied upon by their clients for guidance in all business aspects of life, and sometimes even more broadly. For example, hockey agents start recruiting clients as...
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...Potential Careers in Sports Management Esther Cole University of Incarnate Word This is my very first course in sports management and I have learned that there are many paths I could take once I graduate. Right now it is too early to feel passionate about any one career path. I will discuss various careers in sports management and I how feel about them now as I am just starting out. I hope to look back at this paper when I am finished and see if my views and opinions have changed. The Number of students who decide to get a MBA in sports management has grown significantly since the recession. A Ba in sports management was not producing jobs that many hopeful students thought it would. The sports industry was not immune to the recession like many people thought. Some people thought that the sports business would never feel the effects of the recession but they were wrong. Both the NBA and the NFL cut jobs during the recession and this caused a ripple effect with new graduates. They were forced to take low paying jobs working in the industry but as ticket sellers or working in the concessions. Still others who felt there was no other option took unpaid internships in the hope of landing a job afterward (Belson, 2009). Sports management degrees date back to the 1970’s with a rocky start. The degree was not seen as legitimate, “many academics mocked them for teaching how to mix Gatorade” (Wecker, 2011). The program has come a long way and has advanced into a masters level and...
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...Sports have been the most popular form of recreation for people since time immemorial. The money made in the sport business from each league is ranging from 280 million dollars to yearly revenue of nine billion dollars (2012 Statistic Brain Research Institute). Sport leagues are being marketed more now than they were before in many ways like other major companies are. Leagues, organizations, and athletes are globalizing their trade and further increasing popularity in other parts of the world (Froetschel). Sports are becoming a growing business in America’s market because of the revenue it has produced for our economy, the marketing aspect in which it promotes fair play and sportsmanship, and, the globalization of sports is giving organizations and leagues a way to promote themselves in foreign countries. According to the book Principles and Practice of Sport Management the definition of revenue is defined as money that is made or paid to a business or organization (Masteralexis, Barr and Hums). As of 2011 over 414 billion dollars have been spent in sports and the number is increasing rapidly (Masteralexis, Barr and Hums). Alone in college sports revenue has exceeded twelve billion dollars in 2011 alone. Big time athletic programs were spending anywhere from 45 million dollars to 126 million dollars, and generating revenue from numbers as low as 68 million dollars to 150 million dollars, making the profit anywhere from thirteen million dollars to up to twenty-seven million dollars...
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