Coronavirus and Sports: The Economic Effects

coronavirus and sports

Sports has served as a pleasant and warm distraction in times of great uncertainty. From world wars to economic downturns, both sports fans and casual watchers of sports around the world have looked to athletes and their teams for the injection of hope. Unfortunately, the world finds itself faced with the coronavirus crisis which has put a pause on most people’s plans. This presents a turning point for the global economy. In the sporting world, where many major leagues have been shut down, this has implications. The events affect not only the net worth of athletes and their team owners but also the communities which depend on them, economically and emotionally.  Continue reading

Highest Net Worth Basketball Players in 2019

basketball-nab

It’s a new year for the NBA. The players are dunking, the nets are swishing, and the endorsement deals are still rolling in. 2019 in the NBA brought us many surprises and many golden moments, the effects of which will still be felt in 2020. In 2019, many teams and players lost on their hopes of championship glory but their net worth could serve as consolidation.  Continue reading

Best Paying Sports Of 2019

The sporting world has created an immense amount of value not only for fans but also for athletes. The revenues generated in the industry are a result of a value chain which involves rights management, events, content, and properties. The four pillars of the sports value chain contributes significantly to the amount of money athletes make from the industry. Continue reading