
The objective of this class is to prepare students to enter into careers in the business of sports marketing. Specifically, this class examines the ways that sports organizations endeavor to make money.
The class is conducted in seminar format. This means class discussions are highly interactive and class participation is anticipated and expected. Time will be specifically devoted to the discussion of the topics listed on the scheduled, however, they will not necessarily be limited to these issues. Guest speakers will also be invited to add diversity to class discussions.
Course Materials - Required
Street
& Smith’s Sports Business Journal.
Readings
Packet
Revenue Generation Plan
Based on the topics covered in class, a plan detailing
a revenue generation plan for a specific sports operation. That organization
must be a proposed new franchise from one of the four major US sports (i.e.
MLB, NBA, NFL, or NHL) for a major US city that currently does not have
a franchise in that sport. Both written and oral reports will be
required. The project will be completed in groups of approximately
three people.
Strategic Marketing Plan
Based on the topics covered in class, a plan detailing
a strategic marketing plan (the seven Ps) following the same guidelines
as above (i.e. the same team & the same city) Both written and oral
reports will be required. The project will be completed in the same
group of approximately three people as the revenue generation plan.
Final Exam
A multiple choice exam covering the material presented
in the issues of the Street & Smith’s SportsBusiness Journal and the
Team Marketing Report received during the semester will be given during
finals week at the assigned time.
Class Participation
Each class member will be expected to make substantial
and meaningful contribution to class discussions. Attendance will
be taken and will count towards this grade.
Primary Research
Each class member will take part in a research project
related to sports. This may involve in-class tasks and/or out-of-class
data collection.
Grades (+/-) will be determined using the traditional FSU scale. Any adjustments (curves) will not be made until after all grades are compiled and, if appropriate, the overall mean grades and standard deviations will be used in such calculations. In class unannounced attendance quizzes will be given and treated as bonus points. That is, all students present and taking a quiz will receive a one percentage point bonus on his/her next exam. No quiz make-ups are given for any reason; it is simply my way to reward attendance.
| Revenue Generation Plan (Written) | 20 points |
| Strategic Marketing Plan (written) | 20 points |
| Class presentation ( oral) | 15 points |
| Final Exam | 20 points |
| Class Participation | 20 points |
| Primary Research Project | 5 points |
An Overview of The Market Performance of Sports Organizations
I. Market Potential
II. Competitive Analysis
II. Financial Performance
A. Sources of Revenue
1. Government Investments
2. Ticket Sales
3. Advertising Revenues
4. Sponsorship
5. Media Revenues
6. Facility Operations Revenues
a. Food & Beverage
b. Merchandise
c. Parking
d. Events
e. Other
7. Licensing and Off-Site Retailing
8. Technology, the Internet, and Other Emerging Revenue Sources
B.
Uses of Funds
1. Facilities
a. Construction
b. Operations
c. Debt Service
2. Performance Personnel
3. Administrative Personnel
4. General Administrative Overhead
5. Marketing & Promotions
6. Other
Monday 2 – 3 PM. In addition, I strongly encourage the use of “virtual office hours.” Access by email is possible 24 hours a day at the address provided above. Questions posed in this manner will be responded to ASAP (the same day unless I am out-of-town). In addition, I will reserve time at the beginning and/or end of class to respond to email inquiries that require additional elaboration.
Attendance and participation
are highly recommended.
All assignments must
be typed in Times-Roman, 12-point font.
Purchase and read the
Street & Smith’s Sports Business Journal, and the Team Marketing
Report
Students are expected to uphold the Academic Honor Code. The Academic Honor System of The Florida State University is based on the premise that each student has the responsibility to:
Students with disabilities needing academic accommodations should:
For more information about services available to FSU students with disabilities, contact the Assistant Dean of Students:
sdrc@admin.fsu.edu,
Disabled
Student Services, 08 Kellum Hall, Florida State University, Tallahassee,
FL 32306-4066, (850) 644-9566.