Legal Issues within the Ambit of Sports Law
With the increasing involvement of the number of people in the
sports industry, the number of legal embroilment issues is also on
an all-time high. The body of laws governing sports is stretched
far and wide covering within its different ambit issues. The author
attempts to elaborate on a few such problems concerning
sportspersons as well as people from a non-sports background.
Commercialization of Sports
Not many people rolled their eyes when Forbes announced that the
sports industry of North America would be worth USD73.5 Billion by
the time this decade ends. Most sports professionals are now able
to lead successful lives of their earnings generated through their
performance contracts, awards, and sponsorships. Technology,
globalization, and media have changed the way the world views
sports in every way possible. Players are referred to as regular
commodities bought and sold in the business of sports commerce.
This
