KH 4340 Lecture Notes - Lecture 5: List Of Wcha Men'S Ice Hockey Tournament Champions, Sports Equipment, Cord-Cutting
Document Summary
Declines may result in an org either funding new revenue or slashing (decreasing costs) Many sources of revenue for most sport org. When revenue declines, expenses still stay the same. Maximize revenues for expenses or reinvestment for the org. Largest source for major sports leagues (mlb, nfl, nba, nhl) Nhl, mlb and nba allow teams to sell local broadcasting rights for their market. Revenue s from national broadcasting rights are often shared equally among the teams. Cord cutting: viewers no longer depending on cable and org. have had to find a new way to distribute content (ex. Important to org. that don"t have broadcasting deals (mls, wnba, and milb) Nfl sells only national tv broadcast and video streaming rights. 75% of revenues are from broadcasting rights and ticket sales. Nfl has the largest broadcasting deal with 4. 5b per year. Variable pricing- ticket prices are set based on expected demand for games before the season begins (ex.