Questions and Answers
What is the primary source of revenue for Premier League teams?
Global revenues
Which action hurt NBA's revenue according to the text?
China cutting off television coverage
What is one of the effects of big money flowing into sports leagues?
Increase in casual dress boost of sport apparel industry
Which industry put big money into sponsorships of globally-prominent events, leagues, and teams?
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What was criticized about certain companies' production practices in developing countries?
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Study Notes
Sports Revenue and Sponsorships
- The primary source of revenue for Premier League teams is broadcasting rights.
- The NBA's revenue was hurt by the loss of Chinese sponsors and broadcasting revenue due to a tweet by the Houston Rockets' general manager in support of the Hong Kong protests.
- One of the effects of big money flowing into sports leagues is that it creates a huge disparity between the top and bottom teams.
- The industries that put big money into sponsorships of globally-prominent events, leagues, and teams include sports apparel and consumer electronics companies.
- Certain companies, such as Nike and Adidas, were criticized for their production practices in developing countries, specifically regarding labor rights and worker exploitation.
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