Why and how is sport an enterprise?

Question

Why and how is sport an enterprise?

Answer 1

Sports is a huge enterprise. Lets go to the US. There they dont have clubs for professional sports...they have franchises...like mcdonalds. They are owned by a person or group and they control the teams GM. GM is short for General Manager as with a large company. Money is made from gate prices, Sales from "canteens" and merchandise. When you think you pay $50,000 for a court  side seat at some basketball teams for a year...that makes for big business. How many supporter jerseys, shirts are sold for some of these franchises. Sports is now a multi billion dollar venture.

Answer 2

Team owners get money from deals, ticketing prices, and winning games. People are always making money in pro sports so it's an enterprise.