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Breaking Into the Sports Industry: Which Path Works Best for You?
๐ง๐ผ๐ฑ๐ฎ๐'๐ ๐ก๐ฒ๐๐๐น๐ฒ๐๐๐ฒ๐ฟ ๐๐ถ๐น๐น ๐ฐ๐ผ๐๐ฒ๐ฟ:
๐ฅ Breaking Into the Sports Industry: Which Path Works Best for You?
๐ฅ Inside Look at Vikor Kilo Sports
๐ฅ What to Watch For
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Breaking Into the Sports Industry: Which Path Works Best for You?
The sports industry is one of the most competitive fields out there. Whether youโre an aspiring agent, marketer, broadcaster, or operations professional, thereโs no single formula for success. Some people build their careers through networking and mentorship, while others focus on gaining diverse experience across different roles. Some professionals carve out a niche in one area, while others launch their ventures to create new opportunities. So, whatโs the best way to grow in the sports industry? The truth isโthere isnโt just one.
1. The Power of Networking & Mentorship
Many top executives credit their rise to key relationships that helped them navigate the industry. If you thrive on relationship-building, this could be your way in.
2. Gaining Diverse Experience
Others take a different approachโdiving into various roles to build a well-rounded skill set. Working in sales, sponsorship, operations, or media before settling on a specialty can make you an asset to any organization. Adapting and understanding different facets of the business is invaluable, especially as the industry evolves with new technologies and revenue models.
3. Finding a Niche and Specializing
Some professionals find success by becoming the go-to expert in a specific areaโwhether thatโs NIL, analytics, sports law, or content creation. By mastering a niche, they create demand for their expertise and become indispensable in their field.
Whatโs Your Path?
Whatever strategy you choose, the key is to stay proactive and intentional about your growth. The sports industry rewards those who are passionate, persistent, and willing to work hard.
Stay connected and enhance your sports industry knowledge by subscribing to our weekly newsletter: Constant Sports Newsletter.
Sponsor of the Week: Viktor Kilo Sports
Athlete Mindset meets Athlete Branding. Elevating Women & Men in Sports with our custom & creative Human+AI solutions.
Check out Viktor Kilo Here
What to Watch For: The Sale of the Seattle Seahawks
Constant Sports has been closely monitoring the landscape of professional sports franchises to identify potential candidates for sale. One team that stands out as a likely contender is the ๐๐๐๐ญ๐ญ๐ฅ๐ ๐๐๐๐ก๐๐ฐ๐ค๐ฌ.
The Seahawks are currently owned by the estate of Paul Allen, the Microsoft co-founder who passed away in 2018. The absence of a clear succession plan or expressed commitment to retain the franchise increases the possibility of a sale.โ
๐๐๐ซ๐ค๐๐ญ ๐๐๐ฅ๐ฎ๐๐ญ๐ข๐จ๐ง: According to Forbes' 2024 rankings, the Seahawks are valued at approximately $๐.๐๐ ๐๐ข๐ฅ๐ฅ๐ข๐จ๐ง, placing them among the top-tier NFL franchises in terms of valuation.
๐๐๐๐๐ง๐ญ ๐ ๐ซ๐๐ง๐๐ก๐ข๐ฌ๐ ๐๐๐ฅ๐๐ฌ: The Washington Commanders were sold for a record $6.05 billion in 2023, highlighting the escalating value of NFL teams.
๐๐๐จ๐ง๐จ๐ฆ๐ข๐ ๐๐ฅ๐ข๐ฆ๐๐ญ๐: Investors are keen to diversify portfolios with assets that offer stable, long-term returns, and sports teams fit this criterion due to their consistent revenue streams from broadcasting, merchandising, and ticket sales.โ
๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐๐๐ง๐๐ก๐ฆ๐๐ซ๐ค๐ฌ ๐๐ง๐ ๐๐๐ฅ๐ฎ๐๐ญ๐ข๐จ๐ง ๐๐๐ญ๐ซ๐ข๐๐ฌ:
๐ฅ ๐๐๐ฏ๐๐ง๐ฎ๐ ๐๐ฎ๐ฅ๐ญ๐ข๐ฉ๐ฅ๐๐ฌ
๐ฅ (๐๐๐๐๐๐)
๐ฅ ๐๐ญ๐๐๐ข๐ฎ๐ฆ ๐๐ง๐ ๐ ๐๐๐ข๐ฅ๐ข๐ญ๐ข๐๐ฌ
๐ What to Watch:
Given the ownership uncertainties surrounding the Seattle Seahawks, coupled with their high market valuation and the current favorable economic climate for sports franchises, the Seahawks are a prime candidate for a potential sale in the near future..
The Sports Business Industry
The Constant Sports Podcast's mission is to drive connections in the sports business sector. Check out our recent episodes
Protecting the Brand: Intellectual Property, NIL & Athlete Rights with Thurman
Our next episode is with Thurman Foreman.
Before transitioning to law, Thurman performed clinical research at the National Institutes of Health and UT Southwestern. After leaving research, he joined the sports media company Rate My College Coaches as a sports journalist and is now their Director of Intellectual Property. Additionally, he works for Generational Law Group, working at the intersection of sports, music, media, and intellectual property. As the Director of Intellectual Property at RateMyCollegeCoaches and former NCAA Compliance Law Extern, he serves as a great resource to help athletes, musicians, and other creatives build the value of their trademarks, copyrights, contracts, and NIL. This episode explores how athletes and entertainers can protect their brands, leverage IP strategies, and build long-term value in their careers.
Follow along with our Sports Business Journey
Constant Sports aims to:
โ Expand its valuation, marketing and operation services to more companies, brands and collectives
โ Launch new NIL platforms and athlete branding tools
โ Become the go-to media platform for sports business insights and education
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