Final answer:
The first sport management academic organization was called the International Association for Sport Management (IASM), established in 1985.
Step-by-step explanation:
The first sport management academic organization was called the International Association for Sport Management (IASM), which was established in 1985. This organization aimed to promote and develop the study and practice of sport management. It provided a platform for sport management professionals, educators, and students to exchange knowledge and experiences through conferences, publications, and networking opportunities.