Premium Essay

Sports, Media, and the Fans: the Business of Selling Sports

In:

Submitted By Kirkderp
Words 5363
Pages 22
Corey Kirkland
HIS 350L
Bruce Hunt
12/11/13

Sports, Media, and the Fans: The Business of Selling Sports The relationship between sports and the media has evolved drastically thanks in part to the proliferation of electricity and its resulting technology. This relationship has now become the “defining commercial and cultural connection for both industries at the beginning of the 21st century. The media has transformed sports from an amateur pursuit into a hyper-commercialized industry, while sports have delivered massive audiences and advertising revenues to the media.”1 This symbiotic relationship has taken many shapes throughout the years, and each evolution in sports broadcasting has the intent of constructing larger audiences and markets to create higher revenues no matter the medium. In the long run, the only real loser in the sports broadcasting realm is the obsolete medium. As technology has evolved, the way in which sports have been presented has followed suit. “Over the course of the twentieth-century sport was transformed from a typically ad hoc unregulated amateur activity to one driven by professional standards and accountability at all levels.”2 This change came slowly at first, and has advanced rapidly over the past few decades. Now, due in part to advanced broadcasting techniques, watching live events and highlights of the day’s games can be brought to our fingertips with relative ease.

Sports Coverage Before the Radio Before the broadcasting of sports on radio and television, “the only way of watching a sports contest was to go to the stadium.”3 If you worked during the day (when all games were played due to no lighting at stadiums at the time), your best bet of learning what happened came from reading the newspaper. The relationship between print media and baseball was so simple that there was actually no money involved.

Similar Documents

Premium Essay

Haha Madrid

...example Pixar is synonymous with the best animated movies for children. (2) Consumers are willing to acquire the branded item by paying premium as compared to another item with same identical function. For instance people are willing to premium price for a Gucci handbag when a cheaper alternative is readily available at a much lower price. Brand Equity in Sports Industry: In modern era, Sports have become a huge profit making industry. Brand equity is vitally important tool for the sports clubs now. Sports clubs are now employing to brand management strategies to increase revenues and provide more entertainment to their fan base. The biggest sports industry in the world is European football (soccer) which has numerous clubs in the leagues that have long term strategic brand management as the overriding philosophy for their marketing efforts. A long term focus on brand management strategies is warranted given the volatility of success in team sports. In the past, below par revenue accumulation has been a mjor concern for consistent success in team sports. This led to clubs resolving to short term tactics such as selling as their best players after a couple of seasons to get rid of their loans or firing their managers. These short term measures however did not make the clubs financially strong and after couple of goods seasons, the club would plunge into debt crisis. A conceptual framework for...

Words: 1428 - Pages: 6

Free Essay

Nhl Case Study

...Cup. Men from all over the world were being scouted and drafted to the NHL, turning the league into a thriving business for players, coaches, owners, and advertisements. Looking at the bigger picture, hockey is still substantially less popular than other professional sports that are being listened to on the radio, watched on the television, and being played recreationally. The problem is that there is not a large enough fan base coming out of Canada. Ways to change this are: more involvement with Canadian media, have Canadian hockey players reach out to their hometowns, or have the NHL put together another Canadian team. When it comes down to the best alternative for the NHL to expand, involving more of the Canadian media is the best option. If the plan is implemented, the overall outcome would be beneficial to the NHL. Situational Analysis: Problem Statement: The National Hockey League is a business where marketing is incredibly important. Since 1917 when hockey was introduced, exposing the sport has been complicated. In comparison to other sports such as baseball and football, hockey is having difficulty spreading the name of the game across North America. People in both the United States and Canada are not appreciating the intense sport as much as is expected. The biggest problem with the National Hockey League is that its fan base is weak − especially the fan base coming out...

Words: 1204 - Pages: 5

Free Essay

Harvard

...merchandising soccer clubs to Spain, will be analyzed in detail. soccer The game What makes a team like Real Madrid so interesting for sponsors and fans worldwide? What makes soccer so interesting for us? Soccer is the world’s most popular sport. Nearly every child kicked a soccer ball once in his live. More than 240 million people play at least once a week. Such a big sport needs a big parent organization in its background. This job is done by the Fédération Internationale de Football Association (FIFA). The FIFA which was founded 1904 in Paris established a unified set of rules. This rules are easy to understand and are of course one of the reasons why soccer is so popular all over the world. Also the time a soccer game lasts is defined by the FIFA, its two halves of 45 minutes split by a 15 minute brake. In elimination games an overtime of two times 15 minutes and also a penalty shoot-out at the end of overtime is possible. This is a big advantage for sponsors and TV broadcasts compared to other sports like American football or boxing where the time for a game or fight is nearly unpredictable. You can have 12 rounds of barn-storming fight or a knockout after 10 seconds. At soccer games they can calculate and time their spots and broadcasting exactly. There is also the FIFA World championship which is the second largest worldwide sport event beside the Olympic Games. In 2002 the FIFA World championship had a cumulative...

Words: 1588 - Pages: 7

Premium Essay

Nfl Hbs Case Study

...NFL Case Study 1. Discuss the factors that have resulted in the NFL becoming “America’s Game” and the most popular sport in the country? The fundamental reason for NFL becoming “America’s Game” and the most popular sport in the country is because the NFL was able to market the sport as an entertainment business. Leveraging television and the fact that American football was only played in America, the NFL was able to create a “holiday” feel that was unique and that American’s took pride in, as a result paid more attention to the sport. Another contributing factor was to control the quality of the product. Making sure that each team had the resources to perform professionally and one team could not gain absolute advantage was crucial to maintaining a competitive parity. To do this the NFL implemented controlling cost and revenue sharing, in which the lowest earning team could compete with the highest earning team. 2. Explain the dynamics behind the competitive balance in the NFL versus other U.S. based properties as well as other leagues globally. The NFL has two methods of maintaining parity. Amongst the teams, the NFL uses revenue sharing in three ways: “1. National Revenue Sharing: All national revenue was pooled and split evenly between the teams at the end of the year. 2: Gate Revenue Sharing: Visiting team share was pooled and split evenly. Supplemental revenue sharing: focusing on teams’ local income, teams with higher local revenues transferred a significant...

Words: 1497 - Pages: 6

Premium Essay

Abandonment Analysis: LA Charges

...Chargers logo constitutes trademark infringement • Similarity of the marks (appearance, sound, connotation) o The LA Chargers logo itself is very similar in relation to the LA Dodgers logo. Both logos consist of the use of the letters “LA”. Both logos also only consist of those two letters. An individual that was not an avid baseball fan could confuse the two logos as being from the same team as both also use a similar blue and white font and the Chargers version of the logo simply appears as a italicized version of the Dodgers logo. • Similarity of goods and services o Both logos represent teams that...

Words: 1317 - Pages: 6

Free Essay

Nascar Case Study

...positioning(itself(by(keeping(strong(bond!with!its!community.!!Its!community!consists!of! sponsors,! fans,! drivers! and! media.! ! The! community! interlinked! with! one! another:! NASCAR! and! its! fans,! sponsors! and! fans,! fans! and! drivers,! fans! with! one! another.! ! ! Below! details! its! branding! strategies.! 1)&CoCbranding&and&strategic&alliances!–!NASCAR’s!branding!success!lies!on!its!strong!relationship!of! its!coIbranding,!started!by!partnering!with!the!Big!Three!automakers!–!Ford,!General!Motors!(GM)! and!Chrysler!in!the!late!1950s.!!In!1971,!NASCAR!was!primarily!sponsored!by!R.J.!Reynolds!Tobacco! Company’s!Winston.!!Gradually,!a!wide!range!of!Fortune!500!companies!including!Sunoco,!CocaICola,! Allstate,! DuPont,! Gillette! and! UPS! became! its! sponsors.! ! Toyota! also! participated! in! sponsoring! NASCAR’s!three!series.!! 2)&Merchandized&and&licensed&products&offerings!–!The!wellIknown!and!recognized!brands!from!its! sponsors! enable! NASCAR! to! take! the! opportunity! to! offer! licensed! and! merchandise! products! like! watches,! clothes,! chairs,! tables,! grills,! hats,! clocks,! flags,! doormats,! blankets,! auto! accessories,! sunglasses! and! even! food! products.! ! These! product! offerings! build! strong! bond! between! sponsors! and!fans.! 3)& Emotional& bonding! –! NASCAR! connects! fans! by! creating! high! level! of! emotional! bonding! to! the! brand.! ! The! fans! connect! with! the! drivers! and! feel! the!...

Words: 3063 - Pages: 13

Free Essay

Buzz Is Back

...The Buzz is Back The Charlotte Bobcats: (Re) Launching a New (Old) NBA Franchise Article Analysis by Rosbie Mutcherson Jr. Business 505 Creating Consumer Value March 4, 2015 After reading Charlotte Bobcats: (Re) Launching a New (Old) NBA Franchise, I think of the Charlotte Hornets like a bad junior high breakup. We have all been there I am sure. Plenty of infatuation, fighting, scandal, embarrassment, pouting, and happiness are a few things that come to my mind. “The Charlotte Bobcats: (Re) Launching a New (Old) NBA Franchise written by D. Branch Jr. looked in the Charlotte NBA franchise from its inception to now. The city of Charlotte for years backed their basketball team through the bad and certainly the good times. The team enjoyed an NBA record for attendance for ten plus years at a time. Fans continued to buy tickets despite not always producing competitive teams. It seemed to not matter whether the Hornets were winning fans would still pack the arena. After years of success there came a point when the organization reached a crossroads. Trades, ownership issues, and scandal all played parts in Charlotte’s fall from the top of the league in fan support to the very bottom. A once vibrant city with a new NBA franchise quickly turned into a black hole for an potential NBA owners. Hornet ownership would eventually flee to New Orleans. Within a few years change it all its glory was revealed. Robert Johnson brought a new face, arena, and name change to the city of Charlotte...

Words: 1562 - Pages: 7

Free Essay

Sports Marketing

...* DAY1 * What is Sports Marketing? It depends! (IV League Schools say!) * We need to influence and Persuade! * Sponsorship “getting the bat in the hands of the right player” * IMGbiggest sports marketing agency in the world, Mark McCormick, said “it is putting a celebrity/athlete with a product/company”….and that is it. * Louis Shefield* wanted NBA basketball team in Miami (Miami Heat). He said “its easy to fill a stadium once, but each time its hard”. He saw that basketball would get bigger than it was and it needed to go to Miami. He said sports marketing is just about “Sagacity.” * Sagacity A vision for the future. Example by Louis, Nike taking swoosh off bottom of shirt and putting it on the chest. And, the only reason we know about Ted Turner is because of exposure. Active and innovate an idea. Dictionary Definition: foresight, discernment, or keen perception; ability to make good judgments. Seeing a trend and executing it! Execute your idea and fulfill what you start! * Tommy Karam Wanted to turn LSU scoreboard into a marketing opportunity by putting ads on it using triplicates (3 rotations: purple, purple and tiger stadium, then purple, tiger stadium and a company’s name). He thought this would be sagacity! He spoke with a man at Exxon and he liked Karam’s idea and Karam sold the sponsorship to Exxon for $250,000 per scoreboard (when they were going for around $300,000). Karam later found out that corporate signage is against University procedures...

Words: 2937 - Pages: 12

Premium Essay

Manutd

...11 Bibliography 12 Situation Analysis SWOT Analysis: Manchester United Strengths:Manchester United’s Brand consciousness and being globally recognised is a major strength.With the strength of their brand benefits their sponsors, sales of merchandise with United’s emblem on it will be immediately identified by millions.With the strength of their fan base, ticket sales are considered strength. Even the stadium expanded to accommodate such a huge fan base. With tremendous distribution channels united are producing the optimum amount to numerous retail stores globally. | Weaknesses: Would be their products variety, and the new variety they produced wasn’t consulted with the fans to see what they want etc. It seems as though they exploited the more noticeable income channels where as they could benefit more from putting more research into the field.Although a weakness there is definitely opportunity there to develop on this.Whereas another weakness for united is that is has been so flourishing there is a distressing estimation that the club has lost its origins and no longer concerned with football causing bad results from fans. | Opportunities:Key opportunities for United would be to penetrate the American market. There is an opportunity in the future of a coalition with one of the world’s most well off teams, The New York Yankees.Therefore will create an enormous merchandise channel in America, this will put united way above other football teams with a...

Words: 4630 - Pages: 19

Free Essay

Annotated

...Hoop Dome | Marketing Plan for National Championship Invitational | Hoop Dome Presents: Canada’s Sweet 16 | | Arjan Jonuzi and Alex Kim | 1/20/2015 | Basketball tournament for the top 16 high school teams across Canada | Table of Contents Title Page______________________________________________________________ Table of Contents______________________________________________________1 Event Description______________________________________________________2 Objectives____________________________________________________________3 Target Market_________________________________________________________4-5 Core & Ancillary Product_________________________________________________6-7 SWOT Analysis________________________________________________________8 Place________________________________________________________________9 Pricing ____________________________________________________________10-13 Sponsorship__________________________________________________________14 Advertisement ________________________________________________________15 Branding & Print advertisement Analysis ___________________________________16 Print ads_____________________________________________________________17 Event Description Basketball in Canada is growing rapidly. More and more people are playing basketball and there are more interests in basketball than ever before. Also the level of basketball is increasing. There are more Canadian basketball players...

Words: 4804 - Pages: 20

Free Essay

The Sports Guy

...------------------------------------------------- The Sports guy Key Events / Case Synopsis The Sports Guy is an independent sporting goods store operating outside the GTA owned by Bob “Rocky” Rhodes who is a considerably high profile personality in the local sports community. He has been a star player on local teams his whole life and has always made it a priority to show support for all things related to his sports community. Most of The Sports Guy’s sales consist of equipment and uniforms to local teams. Around 70% of their sales are made up by purchases from hockey, baseball, football, soccer teams with the remaining 30% made up from walk-in retail trade. Rocky has problems with inventory management, low ratio of sales by walk in customers and his major source of sales for teams declining due to lack of registration in local teams. Despite being located in a prosperous neighborhood with little competition except a small, older Canadian tire that offers low prices but lacks in quality and customer service, The Sports Guy is having financial troubles. Problem Statement and Objectives The Sports Guy’s profitability has not been growing sufficiently enough to provide Rocky with the means to grow his company as the town develops. A lack of inventory system which affects his most profitable sales group: walk-ins has also increased his short term debt and interest expenses which all eat away at the already tight profit margins. Decline of popularity for kids’ leagues...

Words: 1828 - Pages: 8

Premium Essay

Lone

...the years following World War I  sport had " its first million-dollar prizefights, and the adulation of sports heroes rose to the point almost of national hysteria". As World War I came to a close, however, the " Golden People" were anything but. The horrible devastation of the war and its terrible new weapons had shattered the idealistic notions of the Progressive reformers. The decade of the 1920s was termed the "Golden Age of Sports", and the media's creation of sport heroes during this time provided a stabilizing influence in a rapidly changing American culture. Sports stars were lionized as All-American types who exemplified American cultural values. The Four Horsemen of Notre Dame represented the American ideology of spirit, teamwork, and assimilation of diverse groups within society. Babe Ruth, the most famous of all the athletic heroes, symbolized the American dream, the land of opportunity and meritocracy, where one could succeed despite humble origins. The depiction of such heroes presented a more homogenous culture and solidified an American cultural identity, but it also masked social tensions inherent in the United States in the aftermath of World War I and during the Great Depression and World War II The media's role in constructing a popular culture- The new communication medium of radio became commonplace in the 1920s and contributed to the publicizing of athletic heroes, as announcers dramatized and sensationalized sports events for remote audiences. While...

Words: 2019 - Pages: 9

Premium Essay

London 2012 Olympics Games

...objectives including fostering the Olympic movement spirit, revitalizing economic condition, and developing infrastructural project and developing infrastructural projects to enhance the psycho-social well being of the/a nation. Identification of the strategic issues and problems The overall strategic issues revolve around achieving a ‘successful game organization’ by all standards, both domestically and internationally. The domestic components of success involves the participation of the local fans and population who must be seen to have patronized event as much as possible through fair pricing and proximity. The international yardstick for the measurement of the game relates to event organization, participation and patronage as well as meeting revenue targets. The major problems are how to strategically price tickets to the games to raise revenue and ensure equitable distribution, manage perception of observer-value judgment through television audience and other communication media worldwide in line with organizational objectives. There is also the need to ensure that, ticket pricing; accessibility, usage and the revenue implications help influence attendance to the games and perceptual value judgment of success (TV etc.) Analysis and evaluation Analysis of 2012 London Olympics games could be assessed using a SWOT management analytical tools and an examination of the strategic pricing policies and the tactical processes employed to manage the games to achieve projected...

Words: 1561 - Pages: 7

Free Essay

Seattle Mariners

...Name Business Prospects for The Seattle Mariners Institutional Affiliation May 27, 2016 Executive Summary The Seattle Mariners have been in the region since 1977 with the aim of entertaining and representing Seattle in the highest level of playing baseball. The present home of the Mariners is the Safeco Field in the SoDo area of Seattle. The team has won the league in 1995 and on 2001 the team set the league record winning the highest number of games for one season. The Mariners are one of the best-managed clubs returning profits even when the other big players are operating at a loss. Some of the reasons for its sustenance and success are attributed to firstly, the Nintendo group. The controlling owners bought the 55% stake when the company was experiencing difficulties in the maintenance of the former home necessitating a change of location. They brought the peace of mind and stability to the community. The other reason for the team's rise is because of the management that has made wise decisions regarding the present building and home of the Mariners. A SWOT analysis of the institution shows that the firm is in a good position to compete with other national league teams because it can increase its local support base as well as appeal to International market because of the presence of icons from other nations among the team members. The weaknesses are glaring but can be avoided by building a team that is very ambitious to win and reach levels that have not been reached...

Words: 3200 - Pages: 13

Premium Essay

E-Business Data Analysis

...EBUS310-1401B-01 e-Business Data Analysis Contents Enterprise Marketing Management Plan (Week 1 IP) 3 Key Performance Indicators (KPIs) Process Plan (Week 2 IP) 5 Data-Driven Web Analytics Plan (Week 3 IP) 8 Business Strategic Goals Statements 8 Action Plans 9 Define the necessary benchmarks 10 Define a time frame for achieving the strategic goals. 10 Search Engine Optimization Plan (Week 4 IP) 11 Pay-Per-Click (PPC) Plan (Week 5 IP) 11 References 12 Enterprise Marketing Management Plan (Week 1 IP) Throwback is a company the focuses on sports attire from the past. They create customizable jerseys from teams or designs that are no longer used. There are sports teams that are no longer in existence such as the Houston Oilers or the Seattle Supersonics that will have several jerseys to choose from, representing their biggest stars or for an additional fee they can customize the name and number to themselves or a different player. All teams have changed their jersey design over time and nostalgic fans love to purchase jerseys from their youth. This service will also be available. Offline marketing is conducted through free catalog mailings twice a year focusing on the sports that are active at the time or starting their seasons soon. Ads to sign up for the free catalog are published in “The Sporting News”, “Sports Illustrated”, and “The USA Today”. Three of the best print selling sources for sports information in the country. In addition...

Words: 2425 - Pages: 10