What strategies are available to sport managers for counteracting challenges of this new reality?

Post an explanation of a current challenge facing sport managers related to the industry’s new economic reality. Provide a specific example of this challenge and explain the strategies you might employ to counter the challenge.

In formulating your Discussion post, consider the following:

What are some of the most pressing economic realities of the sport industry?

What strategies are available to sport managers for counteracting challenges of this new reality?

What are the impacts of nontraditional sports, television/media, and globalization of sport on these new economic realities?