...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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...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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...Sport Obermeyer, Ltd. Business Case Report Sport Obermeyer, Ltd. Business Case Report Table of Contents Executive Summary 1 Issue Identification 2 Environmental and Root Cause Analysis 3 Alternatives & Options 4 Recommendations 5 Implementation 6 Monitor and Control 7 Sport Obermeyer, Ltd. Business Case Report Executive Summary Each year we are challenged with matching supply and demand. With a cycle time of a year and a half we have been challenged to make accurate production forecasts. This has caused us to compromise service levels, run higher inventories, raising costs and declining sales. We need to address the processes to deal with irregular demand and also how to work with our suppliers and manufacturers to address inefficiencies in the supply chain to reduce lead times. In this report, some recommendations of operational improvement such as decrease lead times with Textile and Accessory Suppliers, increase apparel manufacturers production by increased use of subcontractors, decrease minimum order quantities (Obersport) are discussed. I have also reviewed the pros and cons of sourcing products in Hong Kong and China in my analysis. The outcome of my review is a recommendation that we work with our manufacturers to decrease minimum quantities. This will allow us to respond to our customers requests with improved agility. ...
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...FSPA Sporting Goods Report CENTRAL EUROPE The third of the FSPA European Sports Research projects is the Central European Report, covering the larger 5 countries France, Italy, Austria, Switzerland and Germany and consisting of 4 volumes: Executive Summary – GERMANY Contact the FSPA: Tel: Fax: E-mail: Web: +44 (0) 2476 414999 x207 +44 (0) 2476 414990 milly@sportsandplay.com www.sportsandplay.com Executive Summary THE SPORTS GOODS MARKET IN CENTRAL EUROPE Volume 4: GERMANY 376 pages of English text and charts on the largest sporting goods market in Europe Case studies of successful and unsuccessful market penetration and related tips Sports participation and trade figures In-depth analysis of the whole supply chain Ten product categories studied from top to bottom Consumption trends and effective marketing strategies Comprehensive market and foreign trade statistics Listings of 184 executives interviewed and about 280 other distributors and retailers Profiles of 105 companies Fourth volume of a series also comprising reports on France, Italy, Austria and Switzerland Overview and highlights of the German report Located in the centre of Europe, Germany has been one of the few founding member states of the European Communities, later known as the European Union. The early membership has eased the supply chain from important ports. Thanks also to the fact that Germany has the largest population of any European country west of Russia, it has been the place on the...
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...Analysis of Financial Statement Formal Assignment Report Table of Contents Introduction ...................................................................................................................... 3 1. Brief Review ................................................................................................................. 3 2. Analysis of Financial Performance ................................................................................... 4 Liquidity Ratio ............................................................................................................... 5 Current Ratio ............................................................................................................. 5 Quick Ratio................................................................................................................ 6 Profitability Ratios ......................................................................................................... 7 Earnings per Share (EPS) ............................................................................................ 7 Gross Profit Margin and Net Profit Margin .................................................................... 7 Efficiency Ratios ............................................................................................................ 9 Sales to Inventory ....................................................................................................... 9 3. A) Estimation of Value...
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...Li Ning Company Limited Philip Warwick, Durham University Business School January 2013 Background Li Ning Company Limited (LNCL) is China’s largest sports apparel firm and in Li Ning, it owns what is one of China’s most well known home grown brands. Despite its strength in China, few business analysts outside China and Hong Kong are familiar with LNCL and few sports enthusiasts are aware of the Li Ning brand even though they have probably seen it being worn by sports men and women at major sporting events in recent years. In 2007, The Economist predicted that Li Ning was going to become one of China’s new global brands on the back of the 2008 Beijing Olympicsi. However, LNCL has failed to take-off and in 2012, year of the London Olympics, it suffered a 15 per cent fall in profits and significant losses across most of the group’s business divisionsii. LNCL, takes its name from the company’s Chairman Li Ning, a triple gold medal winning Olympic gymnast, who founded the sports goods company in 1989iii. He is the man who high-wired around the Beijing Olympic stadium, to light the flame at the 2008 opening ceremony. The Company has several divisions, the Li Ning brand (above), which specialises in sports shoes and apparel for its five key sports: Basketball, tennis, running, football and fitness. Other divisions include Double Happiness, (table tennis), Kason (badminton) and joint ventures with Aigle a French outdoor sports brand and Lotto an Italian Football brand. Li Ning retail...
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...Bleacher Report was founded in 2007 by David Finocchio, Alexander Freund, Bryan Goldberg, and David Nemetz—four friends and sports fans who had been high school classmates at Menlo School in Atherton, California.[6][7] Under the Turner corporate umbrella, Finocchio remains at B/R as the unit's General Manager. [8] Goldberg and Nemetz transitioned out of their respective VP roles during the integration process. Freund left the company in 2009.[9] Funding[edit] B/R announced the completion of a round of Series A funding on the occasion of its public launch in February 2008.[10] The undisclosed sum came from Hillsven Capital, Transcoast Capital, and Vimeo founder Jakob Lodwick. Eight months later, in October 2008, B/R secured $3.5 million in Series B funding from Hillsven, Gordon Crawford, and SoftTech VC.[11] A Series C round in December 2010, led by Crosslink Capital, netted an additional $10.5 million.[12][13] In August 2011, the company announced a $22 million growth round led by Oak Investment Partners, with participation from Crosslink and Hillsven.[14] At the time, Oak general partner Fred Harman, a board member at both the Huffington Post and Demand Media, characterized the investment as a bet on B/R's ability to keep pace with real-time fan interest across all forms of social media.[14] Executive hires[edit] The company named Brian Grey as its Chief Executive Officer in 2010. Grey came to Bleacher Report from leadership roles at Fox Sports Interactive...
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...Human resources management Report Human resources management Report Executive Summary This HR comparative report has been written in order to analyse the different HR policies applied in two opposed companies. The two companies in question are Velay Bernard which acts in the tertiary industrial sector and Go Sport whose main activities are located in the sports items distribution market. At Velay Bernard, a lot of the workers are temporary workers and recruited by a temporary Agency called Randstad. So their principal motivation is their salary and bonuses at the end of the month. Working conditions and relations at work are quite good due to an open space workshop and a friendly working atmosphere. At Go Sport, a majority of workers signed a fixed term contract and where recruited thanks to the classical recruitment process CV+Cover Letter+Interview. Getting a permanent contract and working its way up in the hierarchy is one of the main motivations employees have. Non flexible working conditions are compensated by a good team spirit within the staff. Structure of the report Executive Summary 2 Introduction 4 Purpose 4 Main points of the two businesses 4 Findings/Main body 5 The Recruitment policies 5 In house training policies 5 Motivations at work 5 Relations at work 6 Working conditions 6 Conclusion 6 Recommendations 7 Introduction Purpose Analysing the differences that exist between two HR policies in two different companies. They both act...
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... Introduction | The purpose of this assignment is to investigate the scope of marketing. Marketing is a process of fulfillment consumer’s wants and needs. It is delivering the right product at the right place, price and time to the clients. The process of marketing is very important for the performance of the companies, because it contains analyzing every opportunity; choose markets, improving the marketing mix, control and implementation. In my study I will use as an example JD Sports Fashion, which is one of the leading retailers in sport wear and how it progress using market research. The concept of JD is influenced by giving the products and wanted brands at the correct price and in the proper places to meet with the requirement of the customers. JD Sport has been created by John Wardle and David Makin in 1981 as a shop in Bury. In 1983 a shop has been opened in London and since that time JD Sport has expanded to 900 stores in the UK and internationally. For more than 30 years JD Sport has been growing through organic growth, which means its sales have been increased by it system of stores. Their growth in the last years was through acquisitions,...
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...INTRODUCTION Sports Everywhere Corporation (“Sports Everywhere”) acquired Burger Palace after the Board of Directors unanimously approved the transaction. Upon learning of the acquisition, the Sports Everywhere shareholders plan to file a derivative lawsuit alleging that the directors breached their fiduciary duty to the corporation. Eugene Dallas (“Dallas”), Chairman of the Board of Directors, inquires whether the business judgment rule is applicable to the determination of the Board. STATEMENT OF FACTS Dallas is the Chairman of the Board of Directors of Sports Everywhere, a company that operates a small chain of gyms in and around Albany, New York, with revenue of two million dollars last year. A few years ago, Dallas lent a small sum of money to his sister’s best friend to start Burger Palace, an upscale specialty hamburger restaurant that has yet to reach its potential, according to Dallas....
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...The PTV Sports was launched on January 11th, 2013 and amongst the launching team besides others included Dr Nauman Niaz, a cricket writer and anchorperson. He was commissioned in the PTV Sports as Head of Contents by the then Managing Director Yousaf Baig Mirza. It is erroneous to state that he joined the channel only as an anchorperson. The business model of the PTV Sports seems conspicuously obvious: buy the rights to show sports; discuss sports; repeat. What's more, PTV Sports seems like just the kind of media business our increasingly atomized culture should unravel-and indeed, a vast array of sport channels have proliferated in recent years, many offering deeper, more finely targeted sports coverage. And yet PTV Sports seems to only grow stronger from month to month. Nauman, besides his operational and administrative duties, also hosts the signature show and conducts an archive-based programme, the exclusive archives are provided by Nauman from his own right protected library and without seeking additional financial benefits. To say that 70 percent of the programmes aired on PTV Sports are being hosted by Nauman is also a fallacy and evidently concocted. There are also other hosts and experts who feature regularly on PTV Sports. PTV Sports is progressive and successfully provides the major chunk of revenue to the PTV Network. Its financial health has progressed tremendously and the ratings have been constantly on the rise. Quite recently there have been reports about PTV...
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...(After suspending probes during the period of the Games, several investigative agencies have been unleashed again.) The facilities were reported to be way below acceptable standards. The Scottish delegation found dogs in their beds in the Games Village; the South Africans found a snake. But, in the end, it was a superb show. "Commonwealth Games 2010 finish with India triumphant," said the London Guardian. Prior to the games, former Union sports minister Mani Shankar This is a single/personal use copy of India Knowledge@Wharton. For multiple copies, custom reprints, Aiyar had been particularly trenchant in his criticism. "By having e-prints, posters or plaques, please contact PARS International: reprints@parsintl.com P. (212) 221-9595 x407. an 11-day jamboree in New Delhi, the idea that you can become a sporting nation is nonsense," he told newsmagazine Tehelka some time ago. (Aiyar was forced out of his ministerial post because of his opposition to the Games.) "Even if a percentage of the money spent on the CWG had been pumped into real sport, we would have been producing champions." Today, Aiyar is unrepentant. "The CWG has denigrated India's image," he told The Times of India. "Rs. 70,000 crore to get us a bad name." A Waste of Money? According to Aiyar, the CWG exercise cost more than US$15 billion...
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...CANADIAN TIRE CORPORATION, LIMITED 2012 Annual Information Form February 21, 2013 ANNUAL INFORMATION FORM CANADIAN TIRE CORPORATION, LIMITED TABLE OF CONTENTS 1. 2. Corporate Structure Description of the Business 2.1 Retail Business 2.2 Financial Services Business 2.3 Seasonality of the Business 2.4 Intangible Properties 2.5 Economic Dependence 2.6 Lending 2.7 Financing of the Business 2.8 Risk Factors 2.9 Employees 2.10 Social and Environmental Policies General Development of the Business 3.1 Retail Business Developments 3.2 Financial Services Business Developments 3.3 Other Business Developments Capital Structure 4.1 Description of Capital Structure 4.2 Market for Securities Dividends Security Ratings Transfer Agents and Registrars Directors and Officers Interests of Experts 1 1 2 10 11 12 12 13 13 13 15 15 16 16 21 21 23 23 24 25 26 27 27 32 32 33 i 3. 4. 5. 6. 7. 8. 9. 10. Legal Proceedings and Regulatory Actions 11. Additional Information ANNEX A – Audit Committee Mandate and Charter Certain brands mentioned in this report are the trade-marks of Canadian Tire Corporation, Limited, Mark’s Work Wearhouse Ltd., FGL Sports Ltd. or used under license. Others are the property of their respective owners. CAUTIONARY NOTE REGARDING FORWARD LOOKING INFORMATION This Annual Information Form, and the documents incorporated by reference herein, contain forward-looking information that reflects management’s current expectations related to matters such as future...
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... 3 Overview 4 Situation Analysis 6 -Management Analysis 6 -Marketing Analysis 8 -Financials 10 -Summary 15 Works Cited 17 Appendix 37 -Quick Questions 37 -Drafts 38 -Internet Research 46 -Annual Report 47 Executive Summary NIKE, Inc. is the largest seller of athletic footwear and apparel in the world. We employ more than 33,000 people globally, including more than 5,500 at our worldwide headquarters in Beaverton, Oregon. We sell products in more than 180 countries around the globe. Nike brand designs and sells products in three main product lines — footwear, apparel and equipment. The products are manufactured in approximately 600 contracted factories in 46 countries around the world. More than 1 million people, employed by suppliers, shippers, retailers and other business partners, work to help manufacture, distribute and sell products around the world. Of course, Nike still faces challenges. After several years of red-hot growth, European sales of higher-priced shoes have started to slide. In the U.S.,...
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