LinkedIn Sports Challenge 16/30
#LinkedInSports Day 1️⃣6️⃣: The sports industry needs to improve ___:
You don't have to look far to find some type of criticism against a professional club or sports association worldwide. Whether it's questioning the true use of funds (think FIFA and FIBA) or leadership ethics and protocols (think recent NFL or NBA situations).
Whether the accusations are valid or just rumors, most "situations" can be traced back to the lack of transparency.
One topic that is in dire need of transparency specifically relating international basketball is financials.
From FIBA to individual clubs to players and agents. The lack of transparency around money, in my opinion, is the leading factor in the chaos and corruption that happens behind closed doors. I know there is not an easy answer. As much as I'd love to 'copy & paste' the NBA's CBA model over to Europe, there are too many variables that make it nearly impossible. But as long as transparency does not exist, neither will trust.
Maybe it's just me, but I truly believe transparency & communication are non-negotiables for a healthy industry.
#sportsbusiness #linkedinsports #sportsindustry #transparency