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Fred Corcoran made his contribution to the sport industry by developing professional tennis tournaments.

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Final answer:

Fred Corcoran made his contribution to the sport industry by developing professional tennis tournaments.

Step-by-step explanation:

Fred Corcoran made his contribution to the sport industry by developing professional tennis tournaments. Fred Corcoran was a sports promoter and manager who played a significant role in the growth and popularization of tennis. He introduced innovations such as ticketed seating, player appearances, and international competitions, which helped elevate tennis to a professional sport with a global audience.

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