Sports Management: A Case of Arizona Coyotes Hockey Club
1.Read the article first: Coyotes’ next move messy one to unpack
https://www.thestar.com/sports/hockey/2017/03/08/coyotes-next-move-tricky-to-unpack-arthur.html
Requires：
- About 1000 words
- Summary of article (200 words)
- Some economical polices aboutEconomics of Professional Sport
2. Identify some economical policies about the economics of professional sports based on the article.
SAMPLE SOLUTION
Professional sports is one of the industries of increasing interest in the economic world for the past three decades or so. In this industry, league policies are used to share revenues and regulate costs (Pitts & Zhang, 2017). Most clubs in different leagues acquire their financial stability through sponsors and fan bases. Bradbury and O’Boyle (2017) argue that in case there is a fall in the attendance of a team’s fans during the team’s events along with nonexistence of sponsors, then a team is likely to be economically unsustainable. The main reasons that exist to explain possibilities of fall in attendance of a team’s events are the team’s arena location and results. Taking a case of the Arizona Coyotes Hockey club of the NHL, this paper will argue that relocation of the Coyotes club from Glendale is the most appropriate solution that should be employed to salvage the club’s economic instability and unsustainability in the NHL.
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