Overview Flashcards

(11 cards)

1
Q

Be active in addressing race, gender, and LGBT+ inequality and injustice

A

Social Justice movement

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2
Q

Leverage digital tools to drive revenue, and creating year-round, two-way relations with fans.
What caused the importance of this?

A

Pandemic

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3
Q

requiring teams to consider increasing borrowing or selling minority interests to other investors (covid)

A

liquidity issues

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4
Q

gate, parking, concession (covid)

A

revenue-generation issues

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5
Q

Ripple effect into media business(jobs and revenue) and communities (covid)

A

rely on the sports industry for their livelihoods

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6
Q

testing of players, coaches, and employees, and configuring venues, and cleaning/disinfecting venues (covid)

A

increased costs

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7
Q

liquidity issues, revenue generation issues, ripple effect into media biz and communities, increased costs (covid)

A

sport leagues faces similar challenges in the short term

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8
Q

industry that has grown rapidly during pandemic

A

sport gaming/gambling industry

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9
Q

increase fan engagement by including this concept

A

dynamic betting

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10
Q

4 major revenue sources

A

media rights, gate revenue, sponsorship, merchandising

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11
Q

current largest revenue source

A

media rights

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