Biggest Sports business Story of the Past Decade
The biggest sports business story of the past decade has to be the findings of performance-enhancing drugs use in sports. This has become a major issue in current sports history mainly because of the high profiled athletes who have been busted. Baseball has been hit the hardest lately with the huge scandal. Baseball legends such as Mark McGwire, Sammy Sosa, Barry Bonds, Roger Clemens and Andy Pettitte have been tied up in this huge performance enhancing scandal. Performance-enhancing drugs have become such a big issue because players who don’t use the drugs believe it is unfair. This could be true if it is true that it actually helps the athlete do better. This proof has yet to be proven by scientist and at this time is just speculation.
Baseball is not the only organization to be hit with the performance-enhancing scandal. According to Sports Illustrated (Shore 2008) the first record of performance enhancement drugs occurred with Arthur Linton in 1886. It was said that he died during a race from trimethyl, a stimulant. Performance-enhancing drugs also made appearances in professional wrestling in 1988 with Vince McMahon of the WWE and most recently with pro wrestler, Chris Beniot who killed his entire family including himself. It was said that his testosterone levels was 10 times the normal levels. And lets not forget the impact performance-enhancing drugs had on the track and field sport. Olympic track and field champions Marion Jones and Ben Johnson was both stripped of their gold medals and record book for the use of steroids.
Performance-enhancing drugs have started an epidemic in sports worldwide. With organizations really cracking down on the issue, it is causing great embarrassments to sports in general. We have witnessed our sports icons fall at the mercy of steroids and stripped of their championships and titles. It posses a question to how many athletes out there have used or are using these unethical drugs to win titles. Does these performance-enhancing drugs really make athletes faster, stronger, jump higher, swim faster etc or is it just killing them, making them bigger or go bald?
References:
CNBC video, “The Biggest Plays in Sports Business”:
http://www.cnbc.com/id/15840232?video=1368367744
SHPIGEL, B. (2009, December 27). Always in the Spotlight, for Good and Ill. New
York Times, p. 11. Retrieved from Academic Search Premier database. http://search.ebscohost.com/login.aspx?direct=true&db=aph&AN=47119495&site=ehost-live
Shore, R. (2008). How we got Here: a timeline of performance-enhancing drugs in
sports. Sports Illustrated, Retrieved from http://sportsillustrated.cnn.com/2008/magazine/03/11/steroid.timeline/index.html
Sunday, April 25, 2010
Sunday, April 18, 2010
Facilities Management
Facilities Management
Arenas and stadiums are a huge source of income for sports teams. The question mostly argued by economist is whether the revenues help the owners of the stadium / teams get rich or help the community. By a team having it own stadium, it possess an opportunity for the team to make various sources of income to pay for the teams expenses and salaries. These revenues can come from ticket sales, luxury box sales, parking sales and concession sales. Many sports venues are paid using private investments, public investments or sometimes both. Public funding is using government bonds that are non-taxable and require an interest rate. A private investment uses private finances by a company usually a bank.
After a stadium or arena is built the goal is to keep the revenue flowing. This can be found to be challenging in our current bad economic situation. A good facility manager can see this as a creative opportunity to make an extraordinary impact for its company. Examples of creative ways to keep the fans excited about coming to an event can include discounts or incentives when attending an event. For example offering a family package deal that includes a meal and a drink. Another example would be to by one ticket and get one for half off. This could lead to ne person bringing a friend or making it a date with a significant other.
I believe that at a sporting event can offer some sort of live entertainment to keep fans excited about the team. An example will be like providing a band that is popularity is fair or good in the public majority. You see this at playoff game and in the NFL’s Super Bowl game. One team can have some live entertainment at there home games to attract their fans and make them want to come to the event. An event that currently uses this technique is the Dub Magazine show. To attract people to come see their car show they offer a free concert with popular musicians and stars. This event has become extremely popular and over the years has become a cross-country tour. This technique can be used, with some minor tweaks, in some sporting events to get some fans excited. You can also incorporate some fan interaction where fans can enter contest to meet their favorite athletes. Another contest could allow a lucky fan to view the game from a luxury box or sit with a famous star in a luxury box for one game. Social marketing is also a good way to raise excitement for your fans. Offering discounts on Facebook or MySpace can be an effective advertising tool as well as awareness tool.
With a tour economy facility managers have an opportunity to be creative when searching to keep the fans excited. Whether its offering incentives, contest, discounts or combination of all, this allows you the opportunity to shine like a star. Though this can be a stressful job it can also be rewarding upon its success.
Article references:
Taking Attendance: Facilities Find Creative Ways to Fill Seats in a Down Economy
https://www.iaam.org/Facility_manager/Pages/2009_Jun_July/Feature_3.htm
Conrad, M. (2006). The Business of sports: a primer for journalists. Mahwah,
New Jersey: Lawrence Erlbaum Associates.
Arenas and stadiums are a huge source of income for sports teams. The question mostly argued by economist is whether the revenues help the owners of the stadium / teams get rich or help the community. By a team having it own stadium, it possess an opportunity for the team to make various sources of income to pay for the teams expenses and salaries. These revenues can come from ticket sales, luxury box sales, parking sales and concession sales. Many sports venues are paid using private investments, public investments or sometimes both. Public funding is using government bonds that are non-taxable and require an interest rate. A private investment uses private finances by a company usually a bank.
After a stadium or arena is built the goal is to keep the revenue flowing. This can be found to be challenging in our current bad economic situation. A good facility manager can see this as a creative opportunity to make an extraordinary impact for its company. Examples of creative ways to keep the fans excited about coming to an event can include discounts or incentives when attending an event. For example offering a family package deal that includes a meal and a drink. Another example would be to by one ticket and get one for half off. This could lead to ne person bringing a friend or making it a date with a significant other.
I believe that at a sporting event can offer some sort of live entertainment to keep fans excited about the team. An example will be like providing a band that is popularity is fair or good in the public majority. You see this at playoff game and in the NFL’s Super Bowl game. One team can have some live entertainment at there home games to attract their fans and make them want to come to the event. An event that currently uses this technique is the Dub Magazine show. To attract people to come see their car show they offer a free concert with popular musicians and stars. This event has become extremely popular and over the years has become a cross-country tour. This technique can be used, with some minor tweaks, in some sporting events to get some fans excited. You can also incorporate some fan interaction where fans can enter contest to meet their favorite athletes. Another contest could allow a lucky fan to view the game from a luxury box or sit with a famous star in a luxury box for one game. Social marketing is also a good way to raise excitement for your fans. Offering discounts on Facebook or MySpace can be an effective advertising tool as well as awareness tool.
With a tour economy facility managers have an opportunity to be creative when searching to keep the fans excited. Whether its offering incentives, contest, discounts or combination of all, this allows you the opportunity to shine like a star. Though this can be a stressful job it can also be rewarding upon its success.
Article references:
Taking Attendance: Facilities Find Creative Ways to Fill Seats in a Down Economy
https://www.iaam.org/Facility_manager/Pages/2009_Jun_July/Feature_3.htm
Conrad, M. (2006). The Business of sports: a primer for journalists. Mahwah,
New Jersey: Lawrence Erlbaum Associates.
Friday, April 2, 2010
Welcome to My First Post
Greetings to everyone, I'm Anthony Mc Fadden. I am a graphic designer based in Southern California. I have an Associates Degree in Web Design / Multimedia, A BS Degree in Visual Communications and currently working on my Masters in Entertainment Business. I have been doing graphic and web design since 2002. I current work for a sign company in Riverside, CA name Fusion Sign & Design. I currently would like to broaden my experiences and explore other industries. I'm currently looking to get into the sports industry and / or the music industry. I enjoy a good laugh, working out and meeting new people. I am eager to explore the many options in sports and the music industry. I also am a freelance graphic designer. I have skill in Adobe Illustrator, Photoshop, InDesign, Flash, Fireworks, and Dreamweaver. I also have over ten years of experience working with Microsoft Word, Excel and PowerPoint. The question I leave with you is, "How can I help you get your message heard?"
You can check out my new website, still in progress, at http://www.anthonycornell.com. When completed, you will be able to view my latest works
You can check out my new website, still in progress, at http://www.anthonycornell.com. When completed, you will be able to view my latest works
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