The Sports Industry
Reference list
Anon., 2016. Global sports market revenue 2006-2015 | Statistic [online]. Statista. Available from: https://www.statista.com/statistics/194122/sporting-event-gate-revenue-worldwide-by-region-since-2004/ [Accessed 23 Sep 2016].
Heitner, D., 2015. Sports Industry To Reach $73.5 Billion By 2019 [online]. Forbes. Available from: http://www.forbes.com/sites/darrenheitner/2015/10/19/sports-industry-to-reach-73-5-billion-by-2019/#488b2a6b1585 [Accessed 23 Sep 2016].
Anon., 2016. List Of Ethical Issues In Health Education And Health Promotion Images [online]. Available from: http://www.indiaeducation.net/management/img/sports.jpg [Accessed 23 Sep 2016].
Lloyd, J., 2013. What Goes Into a Clippers-Lakers Court Switch [online]. NBC Southern California. Available from: http://www.nbclosangeles.com/news/sports/lakers-clippers-basketball-court-change-nba-nhl-198503961.html [Accessed 23 Sep 2016].
Anon., 2016. The Sport Business Industry [online]. Bellerophon Productions. Available from: http://www.bellerophonproductions.com/fosm.pdf [Accessed 23 Sep 2016].
What is the sports industry?
Facilities
Job roles in the Sports Industry
Global sports market - total revenue from 2006 to 2015 (in billion U.S. dollars); Statista (2016)
- Stadiums all over the World
- Popular Multi-Sport Facilities
- Greatest Example: Staples Center
- Home of the:
- LA Lakers
- LA Clippers
- LA Kings
- 250 Events Each Year
- 18,118 Seats
- 1h 50m switch between the Basketball games (NBC, 2013)
- The sports industry is an all inclusive term representing every person and business involved in producing, facilitating, promoting and organizing sport, fitness and leisure activity. It is one of the world's largest markets (West Virginia University, 1999)
- Statista (2016) notes that the global sports market was valued at $145 Billion
- Professional Athlete/Player
- Sports agent
- Sports Director
- Event Management
- PR & Community relations
- Sports Broadcasting
- Facilities Management
- Sponsorship
- Sports Administrator
- Coaching staff
- Doctors
- Government officials
- Sports Associations
- Not-for-profit organisations
The Sports Market in North America
- In 2014, the professional sports market in North America was valued at $60.5 billion (Forbes, 2014)
- This figure is expected to reach $73.5 billion by 2019.
- The greatest contributor to this growth is down to media rights deals.
- What can be determined from our sources is that N.A. sports make up nearly half of the global sports value
- Visible steady growth of value of the North American sports industry
- As of publication, media rights contribute nearly 25% of overall revenues in the sports industry.
- It is expected to become the largest contributor toward revenues by 2019, rising in value by over $5 billion.
- There is a visible continuous growth of revenues stemming from media rights and sponsorship deals.
- Whereas merchandising and gate revenues have shown negative growth recently and are not expected to grow at relatively big rates in the future