Expenditures and Wages in Sports and How They are Affected By Television Rights and Viewership

Abstract

Throughout the history of the sports industry, there are many ways of gaining beneficial revenue, either for a team, or through that league as a whole. To put in other terms, it is a game within a game. What I mean by this is that the game that is being referred to, is the financial game. Gaining profits from TV rights, endorsements, sponsorship, stadium sales, jersey sales, etc.., is all a form of that financial benefit that can help further increase your branding of a franchise, and in all can help those athletes on an individual aspect. With my research, I am going to further exploit the implementation of TV rights and expenditures of each of the five most famous soccer leagues in the world, Italy's Serie A, Germany's Bundesliga, France's Ligue 1, England's Premier League, and Spain's La Liga. With these five major leagues, there are many kinds of endorsements, and expenditures, that are implemented to help from the financial benefit from the league, as well as hardships to the teams, and even to the individual player as well.