Nowadays, sports is a big business with high earnings for professional sports people and companies involved both financially and other ways. Is this a positive or negative development for sports?

Sports

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is now the subject of increasing interest

due to

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its huge contribution to companies and

sports

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experts in terms of finance and other related aspects. Recent years have witnessed a debate about whether

this

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trend poses opportunities or threats to

sports

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. From my perspective, it has both positive and negative effects. On the one hand,

sports

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activities have a profound impact on providing sources of income for individuals. Most noticeably, many national athletes have been offered appealing rewards after achieving the first rank in regional or international competitions. To illustrate, Ms Nguyen Oanh, who has recently broken records and won the running championship in SEAGAME, received a 100 million donation from

sports

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lovers.

Furthermore

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, organizations can promote their products or implement branding campaigns in

sports

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events.

For instance

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, Coca-Cola, a sponsor of Worldcup, saw rapid growth in sales revenue during that Worldcup season.

This

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is because

sports

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festivals attract enormous attention from the public, which is an opportunity for corporates to expand their market.

However

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, it is undeniable that

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development has certain consequences.

To begin

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with, it fosters the increasing trend of

sports

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betting. It becomes more popular that people involve in anticipating the result of a football play to gain money from others.

As a result

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, if the betting amount is huge, participants may get into debt, and even bankrupt.

Moreover

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, many people have a tendency to ignore their work ethic in order to manipulate the result.

For example

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, some athletes use doping, which is banned in official

sports

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games, as an act of cheating to gain advantages during the race.

Consequently

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, they leave a bad impression on society, which can afflict the

evolving

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evolution

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of the

sports

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industry.

To conclude

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,

while

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it is admitted that

sports

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development brings numerous benefits, it presents growing threats to

sports

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itself and society.

Therefore

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, there is a need to plough ahead with measures to enhance the positive effects and mitigate the negative sides.