Sports Team Revenue Sources/ Labor Matters

Sports Team Revenue Sources/ Labor Matters

Common Sources of Revenue for Professional Teams

Sports in the recent times have turned into a big business. The revenue that is generated from sports come three main sources. These include broadcast and cable television networks, licensed goods and ticket sales and stadium revenues. All the three sources are important for the proper functioning and operating of the sports team. When earlier ticket sales were considered to be main measure of the success of the team in terms of finances, the recent times have seen television as the major source of earning. ...