1. Sports Economics
... United States became increasingly commercial and manifested formalized business functions, goals, and relationships (McAllister 1998; Miller 1998). Although gate revenues were the original form of revenue for professional sports, current sports organizations have widespread business interests, including a reliance on sponsorships, media and stadium contracts, apparel sales, and other sources of income (Mason 1999). ... of monopoly powers and increase in profits. Although initially developed as cartels of independently owned and operated clubs joining to produce a sports product for spec...
- Word Count: 2213
- Approx Pages: 9
- Has Bibliography
- Grade Level: Undergraduate