Many companies sponsor sports to advertise their products or service. What advantages and disadvantages does this bring for the teams and individuals that these companies sponsor?

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There is a growing expansion of economic activities into various fields in modern society. In fact,
this
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strengthens the relationship between
companies
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and
sports
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athletes
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more than ever before. It is increasingly common that many
companies
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to sponsor professional
sports
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players
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. I examine both advantages and disadvantages that are brought to the individuals and teams by
this
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modern style of advertisement. On one hand, it is undeniable that
sports
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athletes
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sponsored by organizations can gain financial benefits.
First,
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under a certain contract that
companies
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have promised to provide sufficient monetary support, it is helpful for the
players
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to participate in a huge championship that usually costs above their budget.
Secondly
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, other costs
such
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as travelling, accommodation, and training are
also
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covered by
companies
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while
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players
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go to different places on a frequent basis.
As a result
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,
such
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financial backup encourages them to concentrate on the important games and leave more outstanding performances.
On the other hand
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, there are some negative consequences that
this
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sponsorship has on
sports
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athletes
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. Through the contract between
companies
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and
players
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, they are expected to act within a certain brand image.
In other words
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, they should pay careful attention not to contradict the fixed image of the
companies
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. Ignoring the image may lead to sudden termination of the contract and even charges of incredible amounts of financial penalties on some occasions.
For example
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, Osaka Naomi, a famous tennis player in Japan, was charged with 3 million yen for demonstrating violent behaviour in the game.
Thus
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, the intense pressures silently imposed by the company become a psychological burden to many professional
athletes
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. In conclusion,
sports
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athletes
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gain great advantages from a financial perspective.
However
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, many
athletes
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are overwhelmed by the huge pressure imposed by corporations to limit their acts.
Submitted by mizuho_kondo117 on

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Topic Vocabulary:
  • sponsorship
  • brand visibility
  • financial backing
  • advertising
  • endorsement
  • commercial interests
  • over-commercialization
  • conflicts of interest
  • integrity of the sport
  • dependency
  • career opportunities
  • personal brands
  • facilities
  • retirement
  • performance pressure
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