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Sports business: What the best sports managers have in common

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Image source: buzzsouthafrica.com A huge part of sports is management, which is why sports managers are incredibly significant figures in the industry. They handle quite a number of affairs behind the scenes. Sports managers negotiate contracts, organize media exposure, market events, and promote their clients. They have a huge influence on the tides of an entire professional season, especially if people consider how much superstar athletes trust them. But being a sports manager isn’t for just anyone. Tyler T. Tysdal explains that individuals who become sports managers and excel at it are committed to the endless hours, long trips, and stresses that come with the job. And even with all the issues and problems they face, sports managers are still composed and still focused on the prize, which is to land the best deals they can for their clients. The best sports managers are also expert negotiators. They have to be for them and their clients to get ahead. They are great
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Planning for an exit strategy amidst an M&A

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With extensive experience in entrepreneurship and investment, Tyler T. Tysdal has amassed a wealth of knowledge through the years. And through his series of blogs, he tackles various topics in and around business and investment. Image source: cosmeticsdesign.com For this blog, Tyler T. Tysdal touches on planning for an exit strategy – amidst a merger or acquisition. Before anything else, exit strategies need to be part of the business plan. This means that even before businesses are set up, owners already have an idea of how to preserve either the growth or assets of their business. Tyler T. Tysdal notes that there are several ways to go about planning for an exit strategy amidst a merger or acquisition. However, many factors can influence the planning itself, such as the specific circumstances and priorities of the company. Examining these circumstances can aid the owner when looking for the best strategy for the company and shareholders. Image source: martechtoday.co
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Revenue streams you'll get from building your esports team

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It’s a common dream for many sports investors to own a team in the big leagues– whether it’s football, baseball, or soccer. What stops them from acquiring a team is the hefty price tag which can cost an upwards of a billion just to wade in. An esports team, on the other hand, can realize a sports investor’s dream of owning a franchise while building a brand for a younger, global market. Image source: Sogo Gakuen Human Academy Managing and owning an esports team can be risky if the investor focuses on winning league tournaments. Fortunately, this risk can be managed by creating revenue streams from a potential market of 380-million esports viewers and enthusiasts across the globe. The first revenue stream franchise owners should look at would be content creation at video game platforms like Twitch. These platforms play a billion hours of content to hundreds of thousands of viewers and therefore promise returns for advertising. A team can engage with these viewers while pushing adv
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