30 Jun

Special retrospective on Pat Summit

Contribution by Savannah Padron; Florida State University junior majoring in Sports Management:

On Tuesday, June 28th , Pat Summit, the woman who made the upmost impact on women’s basketball lost her life to Alzheimer’s disease. She was diagnosed with early onset dementia at 59 years old and died at 64. Summit was not only a coach to her players, she was a life mentor by leading example. She did not start her career winning a national title, she worked up to the 8 national championships and over 1000 wins. Summit started as a young coach and was not doing it for the money, but the love of the game. Growing up playing basketball myself, I had many coaches that put me in shape physically but also shaped my outlook on life mentally. Coaches are some of the first people who show an athlete disappointment by making them sit the bench. This teaches athletes to work harder to earn their place on that court. Coaches do not believe in tardiness, “Early is on time, on time is late”. Coaches guide athletes to reach their full potential. Summit did this with a large number of players not only making it to the WNBA, but also the Olympic team. She was respected for her overall character and loyalty to the Tennessee community. For a woman to accomplish so much from such a small town and impact so many lives in a positive way, she is truly a legend whose legacy will never die.

30 Jun

British Referendum Impact on BPL

Rick Horrow with special contribution by Peyton Shapiro

What has been referred to as Brexit, Britain voting to leave the EU, came with disbelief leading to unprecedented volatility and turbulence throughout international market indices. On Friday, June 24, 2016, the Dow Jones dropped 611.21 points or 3.4%, while the dollar followed suit falling to $1.10. Yet, the British Pound continued to decline to $1.32, the lowest since the mid 1980’s (The Economist). As a result, sports fans may cast doubt over the financial strength of the Barclays Premier League (BPL) and the clubs that comprise the league. However, the league has positioned itself for success independent of the country’s political stance. The BPL’s financial strength is reassured by its newly signed television broadcast and club apparel endorsement deals which result in the individual clubs yielding higher income. The extra cash flow may then be used to purchase key players to strengthen the club’s roster. 

During the 2015 season, Sky Sports and BP Sport retained the rights to the Premier League’s television privileges for a total of £5.136 billion. The former will pay £1.392 billion per year for 3 years, while the latter will pay £320 million (BBC News). The broadcast contract is the most lucrative deal in sports broadcasting history. Manchester United, Manchester City, Chelsea, and Arsenal, four of the league’s top clubs, are listed among Forbes 2015 Most Valuable Sports Teams. These four clubs rank within the top 36 most valuable teams as strong management continues to grow the brands. The 2015-2016 season marked the first time in soccer history that a league exceeded spending of $1 billion in the transfer market. Players within the BPL also benefit economically, as a total $586 million were spent on salaries. 

Over the past five years, BPL teams have spent a total of $3,174,649,00. Yet, there is one drawback of England’s referendum. Players bought during the transfer market may have to wait a longer period of time to receive their worker’s permit causing a delay in joining the new club.