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Sports Management Degree Programs
Passionate about sports and have an aptitude for business? A sport management degree program may be right for you.
Getting into the sport management business allows mere mortals to share the glory and the rewards.
Sports are a pretty lucrative business for those involved. It is a major form of entertainment throughout the world, and thus major sports figures are paid very handsomely for doing what they do. Professional athletes sign contracts for a specific amount of time, and these contracts are very important. Think about it. If an athlete is able to get a lucrative contract over five years, and is unfortunately injured after the first year of his contract, he can still earn money after his career is over. Alternatively, if a sports team signs a long-term contract with an upcoming star that has yet to realize his full potential, they can save a lot of money by locking him into a team as his value rises.
Sports Management Degree Programs
The people that negotiate contracts for athletes are managers, and a manager is paid a percentage of what an athlete makes. For this reason, a manager has a vested interest in negotiating a high salary for his client. Sports managers who have a number of high profile clients can become very wealthy.
If you want to become a manager for professional athletes, you should look into enrolling in a sports management program. Sports management is a unique field because managers must know how to assess an athlete's value. Obviously, a manager has to know his client's sport very well in order to ascertain how valuable his client is. Although sports management programs don't teach sports to their students, they do teach them how to look at sports from a business perspective.
