Australia’s Economic Mores through the Lens of the Professional Sports Industry

2016 ◽  
pp. 209-227
Author(s):  
Richard Pomfret
Author(s):  
Yen-Yao Wang ◽  
Tawei (David) Wang ◽  
Kyunghee Yoon

The COVID-19 pandemic has had an unprecedented impact on the sports industry, affecting from professional sports activities to the 2020 Summer Olympics. It has wreaked havoc on the sports calendar, causing a number of events to be canceled or postponed. This study proposes a methodology by which the sports industry can assess public perceptions and responses in social media to gain important insights that can be used to craft effective crisis management strategies. Using machine learning approaches in order to extract hidden patterns in tweets could assist practitioners in creating and implementing crisis communication strategies for mitigating the impact of COVID-19.


Author(s):  
Igor Ponkin ◽  
Olga Shevchenko ◽  
Alena Redkina

This chapter focuses on the issues of the sports industry. Since sport, in addition to its other aspects, is a fast-growing industry, the chapter considers the importance of sports industry for the sector as a whole. The chapter shows the basic elements of sports industry structure, together with the peculiarities of Russian sports industry legal support in general and in some particular directions. The authors give definitions of “sports industry,” “sports product,” “sports entertainment product,” “professional sports,” “professional athlete,” “sports ethics,” and “sports integrity.” Being a good basis for sports business development, the legislation of the Russian Federation in the sphere of legal services for business and commercial activities within the sports industry takes into account sports-specific features and its principal functions enabling professional sports sector to provide benefits to economy and society. However, there is still space for further development.


1987 ◽  
Vol 4 (1) ◽  
pp. 17-27 ◽  
Author(s):  
William C. Flint ◽  
D. Stanley Eitzen

Three arguments concerning the ownership of professional sports are advanced in this paper. First, sports team owners do not maintain the social and corporate linkages found among capitalists in other industries. Second, these owners participate in the sports industry because it is both profitable and secure (a) through tax incentives and (b) because it is a self-regulating monopoly. Finally, the workings of a self-regulating monopoly and the popularity of sport enhance the reproduction of capitalist social relations and ideology. Sport is seen to represent the mythical ideal of meritocracy where hard work can lead to ownership and participation in America’s games. This ideal ignores the reality that sports team ownership is based on enormous wealth, not merit.


2017 ◽  
Author(s):  
Benjamin S Baumer

Many current and future data scientists will be "isolated"---working alone or in small teams within a larger organization. This isolation brings certain challenges as well as freedoms. Drawing on my considerable experience both working in the professional sports industry and teaching in academia, I discuss troubled waters likely to be encountered by newly-minted data scientists, and offer advice about how to navigate them. Neither the issues raised nor the advice given are particular to sports, and should be applicable to a wide range of knowledge domains.


2021 ◽  
Vol 3 (122) ◽  
pp. 25-32
Author(s):  
Kadir Yağiz

Background. During the COVID-19 pandemic, it is paramount to investigate how to influence professional sport team consumers’ behaviours towards media consumption, which is an indirect consumption of sports products with importance raised by the lockdown. The effect of brand superiority, one of the essential consumer judgments about the brands, on some behavioural intentions of sport team consumers was examined before; however, the role of brand superiority and overall brand equity on media consumption behaviours in pandemic conditions lacked empirical investigation. Therefore, this study aims to examine the relationship between brand superiority, overall brand equity and media consumption behaviours among professional sports teams’ consumers during the COVID-19 pandemic. Methods. The participants of this quantitative study were 232 volunteer football (soccer) consumers who support a team in the Turkish Super Football League. The data was collected in 3 weeks using the online convenience sampling method. Confirmatory factor analysis (CFA) and structural equation modelling (SEM) were used in data analyses, and direct and indirect paths tested by the bootstrapping method. Results. The results of the study showed that brand superiority did not have a direct effect on media consumption behaviours of sport team consumers. Besides, overall brand equity had a direct effect on media consumption behaviours and mediated the relationship between brand superiority and media consumption behaviours. Conclusions. The evidence in this study indicates sport managers that the cognitive judgement of sport consumers, generally related to the more functional aspect of a sports product alone not an efficient way to directly influence sport team consumers toward media consumption behaviours even in COVID-19 pandemic. Brand equity, however, found to be an effective tool to address for directing sport team consumers’ behaviours toward media consumption in the extraordinary circumstance currently exist.  Keywords: branding, sports industry, spectator sports, professional sports teams, sports consumers.


Author(s):  
Robert A. Baade

This article explores the character of the commercial sports market, and how that unique structure affects the financing of sports facilities and the movement of teams. It also examines the extent to which individual team and league interests conflict, and the implications of such incompatibilities for league policy as it relates to the questions of facility financing and team relocation. Then, it argues that league policy as it relates to team movement and facility construction can be better understood through the application of game theory. New or significantly renovated playing facilities have substantially increased team revenues, and have provided impetus for franchise relocations from cities unwilling to subsidize the construction of the new generation of stadiums to communities that will. The structure of the professional sports industry has played a substantial role in determining the extent of stadium construction/renovation and team relocation.


2018 ◽  
Vol 4 (58) ◽  
Author(s):  
Mindaugas Gobikas ◽  
Vilma Čingienė ◽  
Daniel S. Mason

The aim of the research was to identify and evaluate the peculiarities and necessity of a player agent’s profession in the Lithuanian sports sector.The methods of the research: the analysis of a scholarly literature and a standardized interview. 30 Lithuanian Football League A (LFLA) players who did not have a player agent answered the interview’s questions. The majority of the LFLA players do not employ a player agent, however they all recognize the necessity of these professionals in the professional sports industry. Low salaries, the lack of information about player agents and their practice, poor player agents’ reputation were identified as the main reasons for not having an agent.Keywords: the work of a player agent, professional sport, Lithuanian Football Leag


2017 ◽  
Author(s):  
Benjamin S Baumer

Many current and future data scientists will be "isolated"---working alone or in small teams within a larger organization. This isolation brings certain challenges as well as freedoms. Drawing on my considerable experience both working in the professional sports industry and teaching in academia, I discuss troubled waters likely to be encountered by newly-minted data scientists, and offer advice about how to navigate them. Neither the issues raised nor the advice given are particular to sports, and should be applicable to a wide range of knowledge domains.


Author(s):  
Thomas H. Bruggink ◽  
Colin Roosma

<p class="MsoNormal" style="text-align: justify; margin: 0in 0in 0pt; mso-pagination: none;"><span style="font-family: Times New Roman; font-size: x-small;">The theory of microeconomic demand is seldom estimated with a rich set of data, yet there is no shortage of statistics in professional sports.<span style="mso-spacerun: yes;">&nbsp; </span>Using the sports industry enables economists to extend traditional theory of demand to include products that change daily (the visiting team) as well as the circumstances of their consumption (e.g., the day of the week).<span style="mso-spacerun: yes;">&nbsp; </span>In fact the home games of professional sports are never identical from one game to the next.<span style="mso-spacerun: yes;">&nbsp; </span>This variation allows one to estimate the quantity response to each of a multitude of factors.</span></p>


Author(s):  
Nathaniel Grow

This chapter examines a little known, but vitally important, statutory antitrust exemption for the U.S. professional sports industry: the Sports Broadcasting Act of 1961 (SBA). Under the SBA, league-wide television agreements between one of the four major U.S. sports leagues and an over-the-air broadcast network are immune from challenge under federal antitrust law. As a result, the SBA has played a significant role in shaping the way in which sports are broadcast in the United States today. At the same time, because sports leagues value the protection afforded by the SBA, the threat of repealing the statute has also intermittently given Congress the leverage needed to challenge various league activities that were viewed as harmful to the public interest. Thus, the SBA continues to play an important role in helping to shape professional-sports-related public policy in the United States today.


Sign in / Sign up

Export Citation Format

Share Document