How do teams make money? They make money now in almost any way you could imagine, as long as it touches on something related to sports. What does that mean? It means that in the past, we looked at team revenues in terms of ticket sales, then in terms of merchandise, and some of the other ways that we think about going to the game.
Sports Management Education Examines Added Revenue Streams
But over time, certainly, over the past 50 years, we’ve seen revenue come in major numbers, in billions of dollars through television rights. Now we increasingly see it coming through all the ways we get to watch our games. As if that’s not enough, enter sports betting and all sorts of things online, including E-sports.
Television Revenue in Sports Management
Television revenue for the past 30 or so years has been a major driver of revenue for sports clubs and franchises anywhere in the world. Now what we’re starting to see, of course, is that it’s not just about watching them on television. We also watch on a second screen, which is kind of interesting, because it’s now for many people become the first screen.
Global Sports Access
Anywhere and anyway people are accessing sports, whether it’s a game, a behind the scenes video, or a little piece of the action that you didn’t even know existed, all of that is worth many billions of dollars to teams and the players who play on those teams, plus the players we watch in individual sports, like golf or tennis.
