Aditi Rishiswar, ILS College, BALLB 4th Year
Introduction
Sports industry is one of the most growing industries in the last two centuries. Mega sport events such as MMA, Olympics, FIFA, IPL attract billions of people yearly. Each country has overtly invested millions in their sports sector and professional players on an average earn Millions and are followed by millions. Celebrity Sports Player like Cristiano Ronaldo have over 315 million plus followers on social media platforms like Instagram, and have earned assets over 1 billion $, that’s just about one sports other minor sports players like Michele Jordan (former NBA player) have a net worth of around 825 million $. Sports teams like Football Club Barcelona, Boston Red Socks NBA Lakers or India’s very own cricket team Chennai Super Kings have net worth of around 4.26 billion, 5.5 billion, 3.5 billon and 800 million $ respectively.
