Are sports leagues hiding other income sources?

[Kasabus]

I’ve been thinking about how sports leagues earn now, from stage entrances, live streaming, and advertising.
One thing that’s slowly dying is the live stream subscriptions, since almost anyone can now watch games for free because of piracy.
That means less income from that side, yet they still manage to pay players huge salaries.

So it makes me wonder, do you think some leagues might be in partnership with sportsbooks or betting companies, getting a share from the bets, maybe even influencing certain games?
I’m not saying it’s all fixed, but money flow in sports now looks way different than before.

What’s your take on this?

[Eternad]

So it makes me wonder, do you think some leagues might be in partnership with sportsbooks or betting companies, getting a share from the bets, maybe even influencing certain games?
I’m not saying it’s all fixed, but money flow in sports now looks way different than before.

What’s your take on this?

Sponsorship from big brands like sports drink and other product related to sports gives them a lot of profit. Also live streaming is still giving a huge profit even with piracy since many are still availing subscription for a better streaming quality which piracy streaming can’t offer.

I don’t know about the conspiracy between sportsbook and the team but they don’t need to go down on that level just to become both profitable.

I believe team gets a huge pay when a sportsbook becomes a sponsor.

[Kasabus]

I believe team gets a huge pay when a sportsbook becomes a sponsor.

Isn’t it kinda suspicious when a team is directly sponsored by a sportsbook?
I mean, that’s where possible game rigging could start, right? When a bookie has some influence or connection with the team, it’s easier to do something that benefits them.

Correct me if I’m wrong, but I just don’t see the logic why a bookie needs to sponsor a specific team when they can easily advertise without being tied to one.
Makes you wonder if there’s something more going on behind those sponsorship deals.

[Reatim]

I’ve been thinking about how sports leagues earn now, from stage entrances, live streaming, and advertising.
One thing that’s slowly dying is the live stream subscriptions, since almost anyone can now watch games for free because of piracy.
That means less income from that side, yet they still manage to pay players huge salaries.

i know piracy can hurt an industry but sport leagues can still block those streams and i believe there are far more watchers who till pay for subscription because they wouldn’t know how to watch it illegally anyway or it’s too much inconvenience

So it makes me wonder, do you think some leagues might be in partnership with sportsbooks or betting companies, getting a share from the bets, maybe even influencing certain games?
I’m not saying it’s all fixed, but money flow in sports now looks way different than before.

What’s your take on this?

there’s probably no sport league that was never accused by its fans to have manipulated a season or a match so i think there are a lot of things that happen behind the scenes so i wouldn’t be surprised if they are earning from certain manipulation

[Westinhome]

I’ve been thinking about how sports leagues earn now, from stage entrances, live streaming, and advertising.
One thing that’s slowly dying is the live stream subscriptions, since almost anyone can now watch games for free because of piracy.
That means less income from that side, yet they still manage to pay players huge salaries.

The sports league are based on your knowledge, So you can play with less risk compared to the casino game. Because the casino game are based on the algorithm and the sports leagues are based on the live games. The players salaries was the key roles in the game fixing, because the bookies target the low salary players.

Isn’t it kinda suspicious when a team is directly sponsored by a sportsbook?
I mean, that’s where possible game rigging could start, right? When a bookie has some influence or connection with the team, it’s easier to do something that benefits them.

Correct me if I’m wrong, but I just don’t see the logic why a bookie needs to sponsor a specific team when they can easily advertise without being tied to one.
Makes you wonder if there’s something more going on behind those sponsorship deals.

You had some valid point, because most of the time the bookies will inverse their money in the team and try to get the access to the management decisions. As we know the management decisions will make huge impact in the game results. Most they target the players who was into the game and the players are not playing in the main players list. The bookies try to hide their face to the team management and so can influence the game very easily.

[Eternad]

I believe team gets a huge pay when a sportsbook becomes a sponsor.

Isn’t it kinda suspicious when a team is directly sponsored by a sportsbook?
I mean, that’s where possible game rigging could start, right? When a bookie has some influence or connection with the team, it’s easier to do something that benefits them.

It’s possible but we can’t confirm this for sure but I’m assuming a sports team will not put their reputation on the line for a collusion like this while they can on other ways.

Correct me if I’m wrong, but I just don’t see the logic why a bookie needs to sponsor a specific team when they can easily advertise without being tied to one.
Makes you wonder if there’s something more going on behind those sponsorship deals.

Bookie logo usually displayed on the home court or the jersey of the players which is a great advertisement since fan of the team will be curious on the brand which the team being promoted.

[Dr.Bitcoin_Strange]

Nope, sports leagues are not hiding any income source but they have different source of income which I can see that you only mentioned a few, have you forgotten that football leagues also sell their players to another team ( players transfer) and they receive huge amount for that. The other means that they earn from is through "price money" Which is huge amount they can receive after winning a competition. There's another one called "images right " In which a club can agree for  their players name or image to be used by different companies for commercial purpose (casinos and bookies use image of players) while the league is earning commissions for that. Leagues can get so many commercials deals (sponsorship and more) and they are earning big amount from it.
Football Leagues also sell tickets, foods and drinks, and branded merchandise on the day of match.

[YOSHIE]

What’s your take on this?

As said by @Eternad, Sponsor.

Believe it or not, football clubs or other types of sports have something to do with sportsbook gambling sites, in terms of income or pocket money.

You may see certain casino brands on football, basketball and so on club shirts, those brands are not just put on casually, The fee is clear, meaning that each sports league has other income received, not to mention those who are certain to be on the field walls in each sports league, it's also not free.
Never mind the big leagues, my small tournaments are held in inter-village competition areas, their coffee shop brand sponsors pay, let alone the English, Spanish, European leagues and so on.

[DYOR+BTC]

I’ve been thinking about how sports leagues earn now, from stage entrances, live streaming, and advertising.
One thing that’s slowly dying is the live stream subscriptions, since almost anyone can now watch games for free because of piracy.
That means less income from that side, yet they still manage to pay players huge salaries.

So it makes me wonder, do you think some leagues might be in partnership with sportsbooks or betting companies, getting a share from the bets, maybe even influencing certain games?
I’m not saying it’s all fixed, but money flow in sports now looks way different than before.

What’s your take on this?

The interest in sports now has gotten to a stage where everything is possible, saying same games can be fixed I see know doubt in it but  the results of games now are determined by consistent performance, quality of players and determination that's that's why Brentford where able to win Liverpool in there premier league game yesterday. Taking statistical analysis on that game yesterday you will see that Liverpool dominated and possessed the game but failed in chance creation and conversion to goal as at when needed.
Brentford may be weak in quality compared to that of Liverpool but played a passionate and determined game yesterday and that was why there efforts where not in vian at last.

[Ruttoshi]

I think that the only way a team van benefit from a sportbook or casino in terms of profit is only if the casino is sponsporing the club apart from that, I don't think that any team will benefit from any casino because they're not into any business.

However, clubs have various means of making money through the sales of their jerseys, tickets and many more. If a club can no longer meet with their responsibilities, the owner will sell it to a new investor.

Correct me if I’m wrong, but I just don’t see the logic why a bookie needs to sponsor a specific team when they can easily advertise without being tied to one.
Makes you wonder if there’s something more going on behind those sponsorship deals.

I don't understand what you mean but casinos are sponsoring these clubs and you can see their brand on the front of the club jersey.

[rdluffy]

It is impossible to know whether some games are fixed or not, and there will probably be some isolated cases.
However, even with piracy, leagues have many other sources of income, such as licensed products and rights, and on top of that, there have never been so many sponsorships from betting companies.
Virtually all leagues are sponsored by bet companies

In the Brazilian championship, for example, practically all teams are sponsored by betting companies, and the championship itself is also sponsored

[Sticky Bomb]

The Advent of social media changed a lot of things on revenue generation in sports industry, they engage in marketing of different kinds with those players in order to earn more revenue. A typical example is Real betis launching an Illuminado clothing brand to raise funds to pay Anthony's release clause from Manchester United. Most times the contracts players sign gives the club some share in the players image rights which means that wherever these players appear and for what marketing and endorsement purpose, the club has some share. A good example is Real Madrid and Christian Ronaldo, Real Madrid had about 50% of his image rights and as such made lots of money from all promotions involving his image. They generate lots of money via fans engagements on their various media handles, also including selling match tickets, branded shirts and lots more than I can't remember for now.

This does not exclude some illegal funding that exists between those player contracts that are not clear which I've always termed a clear indication of money laundering among sports club owners

[₿itcoin]

So it makes me wonder, do you think some leagues might be in partnership with sportsbooks or betting companies, getting a share from the bets, maybe even influencing certain games?
I’m not saying it’s all fixed, but money flow in sports now looks way different than before.

What’s your take on this?

yeah it is true that sports leagues have been partnering with betting companies for a long time. But it does not mean that they are rigging the games, also it would be wrong to say that they are hiding the income

As you may know, the major leagues in the US often have huge deals with sportsbooks like FanDuel or DraftKings.  It actually generates a good amount of revenue for the league through advertising & sponsorship. Besides, another thing is that leagues do not only earn money from betting but also earn a good amount of money from broadcast rights, merchandising &  data licensing. So, it is safe to say that a good portion of their income comes from betting deals

But if you are claiming that this affects the outcome of the game, I will say publicly that I havent found any hard evidence of it. So I would say its better to be cautious, better to know about partners & sponsors, and not just to rely on doubt when betting, but instead if you focus on the data then the outcome will be better.

[BitMaxz]

I don't think they are hiding other income sources. I think you already answered your question above. I heard that they have a partner with a sportsbook or betting company; it was publicly announced, and they aren't hiding it and I think they are also sponsored.

Have you seen some ads in the stadium? Like crypto.com, then that's sponsored.
So they have enough sources to pay players and staff.
If they don't make any money or go bankrupt, it should be closed by now.

[changaa]

I?ve been thinking about how sports leagues earn now, from stage entrances, live streaming, and advertising.
One thing that?s slowly dying is the live stream subscriptions, since almost anyone can now watch games for free because of piracy.
That means less income from that side, yet they still manage to pay players huge salaries.

So it makes me wonder, do you think some leagues might be in partnership with sportsbooks or betting companies, getting a share from the bets, maybe even influencing certain games?
I?m not saying it?s all fixed, but money flow in sports now looks way different than before.

What?s your take on this?

The revenues for football are very high, while other sports do not have a large economic impact.
However, in my opinion, there are profits, otherwise they wouldn't pay the players so much, they wouldn't have the money to be able to carry out these operations. At least that's what I think.

[Cryptomultiplier]

The fact that you do not understand how they manage the team business is pardonable because these teams hire the services of the best accounting managers to help them navigate the sports outfit business for better profit.
I doubt these major sports leagues will be crafty enough to hide their source of income from regulators and auditors who constantly scrutinize these businesses for corrupt practices.

The use of complex financial structures and favorable accounting practices are responsible for this hidden income phenomenon  and it sometimes stand as a topic of contention between management and players when signing their contracts, so you ain't the only one who seem lost as to how they generate their income majorly.
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[ashmodeus]

So it makes me wonder, do you think some leagues might be in partnership with sportsbooks or betting companies, getting a share from the bets, maybe even influencing certain games?
I’m not saying it’s all fixed, but money flow in sports now looks way different than before.

What’s your take on this?

Nowadays it is very common to see sportsbook or certain casino brands partnering and sponsoring a team, even in almost every major and minor league, but in terms of manipulation, I am not sure that in the major leagues such a thing will happen because they have strict supervision and let's say if it happened it would totally damage market confidence, so I think such risks are likely to only occur in minor leagues where the supervision system and transparency are weaker.

[Findingnemo]

~
What’s your take on this?

Piracy is unstoppable, but now we have evolved a lot, the subscription looks more convenient than watching it on some random site that may spy on us and can compromise our security of the device itself. And not just sports got this concern, then why do you think billions of dollars are invested by producers on Hollywood and other parts of the world, if it is a loss then no movies will be made means even with piracy still they can be able to make profits which doesn't need any kind of undertable deal with sportbookies.

[criptoevangelista]

I don't know why we don't have the possibility of purchasing virtual tickets, that is, a show or some sporting event makes it standard to sell individual tickets for people to watch from their homes, especially if it's in another country... I think it would be good for the entire events market, or for official broadcasts to bring something to the public, I don't know... something that makes people pay for it, instead of resorting to piracy.

[goldkingcoiner]

I’ve been thinking about how sports leagues earn now, from stage entrances, live streaming, and advertising.
One thing that’s slowly dying is the live stream subscriptions, since almost anyone can now watch games for free because of piracy.
That means less income from that side, yet they still manage to pay players huge salaries.

So it makes me wonder, do you think some leagues might be in partnership with sportsbooks or betting companies, getting a share from the bets, maybe even influencing certain games?
I’m not saying it’s all fixed, but money flow in sports now looks way different than before.

What’s your take on this?

I do not doubt that they have many income sources but I do doubt that they hide them. Because that would mean they are also hiding them from the government. The regulators, tax people and so on...

That would be a massive risk for them.

But it is possible. Businesses have been known to hide money and not pay their taxes in off-shore accounts. With crypto, who knows?