Question

Increased revenue in spectator sports has come from four primary categories. What are these four categories? Define them and provide an example of how a sports team make revenue with each of these categories?

Answer 1

1. Sponsorship Sales
2. Gate receipts.
3. Broadcast contracts.
4. Stadium naming rights.

Step-by-step explanation:

Sponsorship Sales come the acquisition of the partners of the event the company has organized and these sponsors pay heavy amounts to the event organizers to public their products. Pepsi is the sponsor brand that makes heavy investments to the organizers.

Gate Receipts are the revenues arising from the purchases of the ticket and share of this total collection of revenue which comes frim gate receipts is distributor of owner of the stadium, investors and sports team.

Broadcast contractors are the one who show the sports event online and earn a sound profit. This type of revenue usually constitutes to higher number of revenues to the sports team, organizers, stadium owners, etc.

Stadium Naming rights are the revenues that comes due to advertisements of products and brands in the sports grounds, boundaries, brand tags on shirts of sportsman, etc.