We focus on the application of business practices to operate a successful sports organization. For this special blog, topics emphasized are promotion in sport, sport marketing, the development of sport marketing plan, financing a sports organization, sport sponsorships, sales application to the sport industry will be emphasized.

Thursday, September 01, 2005

~A good example of weekly article critique by Thomas Jones~

"The NFL's vanishing bonus"
(Thomas Jones)
This article pertaining to this year's signing bonus was interesting. I think that it is important for players to ascertain guareenteed money. Over the years football was one of the only sports that didn't guaranteed money to it's athletes. Now players should take advantages of this opportunity. Today's players are more prone to injuries that are career ending. It's vital for these players future financial stability.

The only downfall is when taking the guaranteed money is that it benefits the teams. Basically this is an interest-free loan. I think it depends on the players situation.