The Sport Events Sector Essay Example | Topics and Well Written Essays - 2000 words

The Sport Events Sector - Essay Example The spectator driven sport events generate much more income for the players and the sponsors compared to the participant driven sport events. All the different game shows before, during, and after the match are sponsored and heavily advertised which generates a lot of revenue for the sponsors of the sport events as well as the sponsors of the platforms through the sport events are broadcast like television and radio channels. Sport events have a very long history. They have been arranged and organized almost as long ago as any records of ancient human civilizations exist. However, the organization and display of sport events underwent a revolutionary change ever since the advent of television. Initially, the ancient Olympic games used to be a single day event up until 684 B.C., when their duration was increased from one to three days. Later, they were further extended to five day events during the 5th century B.C. (Olympic.org 2015). The ancient sport events like boxing, running, and javelin were much more focused on physical strength and stamina compared to modern sport events in which technique, strategy, and intelligence is just as important if not more, as physical strength. Modern sport events have mostly been developed since the 19th century. For example, the origin of baseball is in the 1840s, the origin of basketball is in the 1890s, the origin of American football is in the 1800s, ice hockey was developed in the 1810s and the Modern Olympics resurfaced in Athens in 1896 under the supervision of the International Olympic Committee (The People History 2014). Today, sports events are the most developed than they have ever been throughout the history. So many different kinds of sports share a similar timeline in the modern history because their organization and spectatorship was linked to technological advancements in the form of radio, telephone, and television. Demographic profile of consumers varies from one sport event to another depending upon a