Question

Several reasons were provided for why many professional sports teams are struggling to sell the naming rights to their venues. What is the central reason that teams like the Washington Nationals have not yet been able to find a naming rights partner

Answer 1

Step-by-step explanation:

The most likely reason for this situation is that many of the most prominent brands have already entered into naming rights deals and are no longer available as potential prospects. Prominent brands move fast in order to secure the best deals as fast as possible and make profitable financial moves, which in term closes and shrinks the market to very few potential prospects which may not have a reason to enter into a deal with such available teams.