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Does sport merit the vast sums of money that are spent on it? by Mind Map: Does sport
merit the vast
sums of
money that
are spent on
it?
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Does sport merit the vast sums of money that are spent on it?

Burdens govt. - Building of sports facilities in return of generating economic returns does not necessarily work + usually exeeds govts budget. demand > resources + higher taxes > Burden taxpayers

Athens 2004 ( US$15 Billion) Net loss As of 2008, venues such as the Velodrome and Softball Stadium remain unused.

In 2010 World Cup in South Africa, construction costs amounted to 3 million, and government expected increased tourism to cover up for $507 million.

YOG. Exeeded budget

Turned out that only $323 million were generated as the number of tourists that actually turned up were below the expected number.

transfer fees: may result in bad deals, hence money is wasted

if players do not value the money spent on them (materialistic-just going for the money) and not the value of the sport

Sportspersons become spoilt with the extravagant lifestyle as a result of their extremely high salaries. Reputations are often tarnished as a result of attention-seeking celebrity lifestyle which often brings indignity to sport. The less than exemplary lifestyle led by Tiger Woods, Wayne Rooney make them poor role models when sports stars have the potential to influence the masses.

wastage of facilities

organising major sporting events (eg. olympics)

For example, the City of New York has built a new stadium for the New York Yankees this season and Old Yankee Stadium is expected to be demolished this year even though it remains a perfectly good stadium.

building of the sports facilities and infrastures(eg. stadiums, swimming pools, gymnasiums)

if all these are built throughout the country and a majority of the people have access to these facilities, then there will be health benefits since these places can be used for recreation and for fitness training.

what is important is not winning, but taking part. how realistic is this attitude in the world of sport today

facilities for hosting major sporting events, eg. Bird's Nest stadium in Beijing

Source of pride

Tourism industry

a chance to advertise the country"s culture

definition

sport

competitive, national, School level, interschool competition, nationals, international, olympics, FIFA World cup, regional, ASEAN games, Commonwealth games

non-competitive

team games

individual games

physical activity

merit

does sport deserve the vast sums of money?

should sport enjoy the vast sum of money?

vast sum of money

Corporations-sponsors

Government- Tax Payers money

Spectators/Supporters-tickets and merchandise

Media-viewership

No.Sports does not deserve the vast sum of money

Economics

Heavy endorsement of elite sportsmen, Lead to them

Diverts money away from other essential govt projects, the LDC should use the money spent on sports on areas like healthcare and education instead

Political : Corruption

Match fixing and betting, http://www.bbc.co.uk/news/world-asia-china-17054150

Social

Heavy endorsement of and astronomical salaries paid to elite sportsmen, Might become arrogant and convinced of their superior status, thinking that they can do whatever they want on and off the field., Tiger Woods sex scandal

Increase competition, Doping, illegal means to succeed in competition

Yes. Sport does merit the vast sums of money that are spent on it.

Political:

improved relations between countries, e.g in Africa world cup, they spend large sum of money to improve their transport infrastructure., eg. South Korea/Japan joint hosts of the World Cup 2002 Despite history between these two countries (Japan's astrocities on South Korea), improve diplomatic relations.

forge stronger bonds between the citizens as one united country as they cheer together for their teams ( when watching the games between the countries), eg. 2002 FIFA world cup ( Hundreds of south koreans gathered at the Gwang-Hwa-moon Square to cheer the national team that managed to go until semifinals), Many cheered "Dae-Han-min-guk" together as one nation during the games which formed strong sense of belonging and national pride., These event gave a sense of shared history and shared memory to the nation, basic human need, this is most effectively and largely affected when such sporting events are held

Social

enable us to pursue a healthy lifestyle, the sportsmen are role models and our idols, e.g Rafael Nadal from Spain

Sports personalities should be rewarded for their hard work and dedication, and some, such as Roger Federer, are positive role models as they are involved in charity causes.

the sportsmen are a source of inspiration eg. jeremy lin, under paraolympic, the disabled participate in the competition. they motivate those who are depress and give them a glimpse of hope., national pride

Entertainment

high level of stress in developed country, thus watching sports chanel allow us to relax our mind, e.g AXN sports channel or World Sports channel which screen different sports competition everyday

Economics

Commercialisation of sport leads to massive revenue as sport is profit-driven., Sport is a highly commercialized and profitable enterprise. The money spent on building state-of-the art stadiums and paying astronomical salaries to sports players can be recouped through advertising, ticket sales and sale of merchandise.

popular sports stars can in return earn vast sum of money

Enivronment

leading to better health, e.g. to welcome the 2008 China Olympics competitors with better air quality, China factories emission was reduced