Companies sponsoring sports events for advertising purposes? What are the advantages and disadvantages for this?

Over the
last
few decades, sports events have become more commercialized than ever before. Huge companies are trying to invest money on the advertisement through sport teams, championships and athletes/players to increase their income. In
this
essay we will discuss both advantages and disadvantages below. There are a number of strong arguments in favour of allowing companies to invest as much money as possible in global tournaments along with some smaller leagues.
Firstly
, throughout the history of humanity sport had been always mainly a hobby rather than an industry.
Thus
, sportsmen were always financially struggling to maintain their occupation and to afford their basic needs. By giving the opportunity for companies to invest in
players particularly
Suggestion
players, particularly
players particular
players particular particular
, we make
this
kind of agreement beneficial for the both sides.
Secondly
, since the main engine of the economy is commercials, by forbidding them to place advertisement, the government might stagnate the growth of the economy.
Therefore
, the State should not prevent or block any advertisement contract so the country could have its own benefits from them.
On the other hand
, by making athletic events fully commercial, we risk facing several problems.
First
, people who are truly passionate about their sport would end up struggling to overwhelm those competitors who only came to the tournament with more material goals, to make money.
Consequently
,
this
type of people might find new ways of cheating,
such
as taking steroids, injecting adrenaline and bribing judges so they can get around truly motivated competitors.
Second
, there is always a chance that the championship eventually might become a competition not between teams or sportsmen but between companies deciding who can invest more.
Hence
, participant without proper investment or investor siding with him will be out of the league. In conclusion, from the points from above, one will clearly see that there are benefits
such
as keeping players in line and economic growth, but
also
a huge threat of fully commercialized power struggle between investors and dishonest competitors.
Submitted by npofi on

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