Sport is big money

in #sport7 years ago

Why has money in sport become so important and when. A 100 years ago players mainly played for the pride of it. In fact many would contribute to tours and equipment for representative teams. It is with the advent of mass media and more leisure time that sport has become big business. With more people taking part in sport, the brands, manufacturers and retailers of sporting goods have become more focussed on getting their brands out there, thus using association with top teams and sports people as a way of doing this. Hence the ever increasing spend in sport.


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The first professional leagues started in the United States in the late 1800's. The big daddy was baseball, creating the first professional league just after the civil war in 1871. American football followed in the 1890's and shortly after followed by Basketball and Ice Hockey.


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At the same time professional football (soccer) raised its head in England in 1885 and Scotland in 1893, but it was only much later that other countries started to follow, starting in the 1920's.

Professionalism was largely resisted in sport, and it was seen as contrary to the ethos of performing for the pure joy and recognition. Many sports only started moving to allowing professionalism well after the 1950's, and often through bypassing the federations and setting up their own competitions.


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Cause of professionalism

  1. People start doing sport recreationally more often and thus created a large sports goods market
  2. Improving media coverage (commercial radio starting in around 1920 and TV followed shortly in the late 1920's but really only from the 1950's)
  3. Post industrial revolution (1840) there was far more job specialisation and more people living closer together, resulting in organised sporting activity to fill leisure time and entertain outside of the drab workplace.

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Good luck!

The infusion of money/business with sports seems to be increasing at an exponential rate. Look at transfer fees for professional soccer, especially.

This really is a good thing BUT are the systems in place to make sure this is all transparent?

Very good article about football.

If the owners get rich, the players should get rich too.

my favourate is footboll,,best article,,
i like it

Great analogy. History only repeats itself, but when it does, many still cry bring back the good old days.

LOL, indeed that is true. Our memories are selective.

I enjoyed reading your post. Thank you for sharing!

Great to hear, thanks.

Upvoted. I'll be resteeming this now :]

Thank you very much.

Very interesting reading you have my vote & resteem Thank you for sharing it appreciate.

Great and thank you.

I enjoyed reading your post.

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Thanks for the interesting stats.

yes, I agree sport is a big money but its on their hard work and on their luck.
Professional sport person have luck and he believes in handwork. he will be hero.

Great post mate .., cheers