America is a uniquely sports-enthused nation. The entire industry — participation, television viewing, and sports attendance — has an estimated worth in the range of $70 billion per year. About 40 million people in the US will play at least one game of softball each year; far more will take aim at a basketball rim….
Archive | Sports Business
Pricey Homes of Famous NFL Players
The Barclay’s Premier League, also known as England’s top-flight soccer league, features some of the wealthiest athletes anywhere in the world. According to the most recent annual list of Britain’s wealthiest footballers as released by goal.com, the top of the list is made up of Wayne Rooney, Michael Owen, Ryan Giggs, and Steven Gerrard. Their…
Athlete Branding – Develop a Memorable and Powerful Brand
In the world of sports, it can be very challenging for an aspiring professional athlete, or even a well-seasoned one, to stand out from the crowd and have the opportunity to luxuriate from their success. As the movie Jerry McGuire successfully illustrates, the sports industry is cutthroat and remarkably competitive. Successful athletes are a dime…
5 Ways an Agent Can Guide an Athlete to the Right Endorsement
It’s no surprise that athletes can make a killing off of endorsements. Making money for the athlete you represent — and therefore for yourself — is one of the primary concerns of a good sports agent. However, it definitely shouldn’t be all a sports agent is interested in. Not all endorsements are created equal. How…
Small Business Ideas to Compete Against the Big Dogs
When it comes to sports gear, you would be justified in thinking there are only a few brands where you can shop. The truth is there are hundreds, if not thousands of smaller sports gear companies out there. Moreover, many of them use small business ideas to directly compete with the larger brands and succeed! Competing against…
Why NFL Teams’ Business is Our Business
Are you ready for some football? Well maybe not yet, but attending NFL games and rooting for your local or favorite NFL teams occupies most of the fall. Fans across the country gather on Sundays to watch and hope their team is victorious. Football is a way of life for many major cities and smaller communities….
Sports Memorabilia Authentication Strategies
Sellers of phony baloney sports memorabilia are tainting the billion-dollar-a-year sports industry. Scammers prey on individuals who love sports and are willing to lay down cash for purchases that reflect their fanaticism; their commitment to a team or favorite player. Fearing that a rare, autographed item at the “right” price will get away, a frenzied…
RosterBot Solves Your Rec League Management Issues
When you think about it there are millions of people who each make sports great in their own way. Fans make up most of that population, but there are also players, trainers, reporters and announcers. Then there are the men and women who make up the foundation of our favorite franchises – coaches and management….
From Athlete to Entrepreneur: 7 Tips
Starting a business is never an easy task. It takes a lot of intense planning, execution of your strategy and little bit of luck to create the kind of business that you can build your life around. We know that businesses fail at an exceedingly high mark, reported at anywhere from 50-90%. Due to this…
The Economic Boom in Golf Stores and Courses
If you talk to a few people and ask them what golf means to them you will get lots of varying opinions. For some it is a rich man’s hobby and for others it is just another boring sport. One thing you may never hear is that it is a huge money spinner. In this…
5 Steps to Transition from Athlete to Entrepreneurship
When the time comes for an athlete to move from the playing field to the boardroom, lots of questions arise: “What career path should I follow? What am I best suited to do given my unique traits as an athlete? How will I find professional fulfillment?” After a successful stint as a student-athlete at the…
Bracing for Charger Departure, San Diego Padres Bolster Roster
The last few weeks have seen some significant changes in on-field personnel for the San Diego Padres. A.J. Preller’s August arrival was clearly the beginning of a paradigm shift in the organization, one that’s quickly putting new faces in the dugout. The resulting surge in season ticket sales has been cause for optimism throughout the…