Could An MBA Help You Own A Sports Team?
February 26, 2010
By the My MBA Career Content Team – Find Top MBA Degree Programs
Sometimes having an MBA degree can help make connections and offer opportunities that others may miss out on.
An MBA program could provide individuals with the ability to recognize a good deal when they see one. According to SternOpportunity.com, a number of individuals who own sports teams also have an MBA.
Approximately 41 percent of team owners hold a graduate degree, and it appears as though MBAs tend to favor baseball, with six degree-holders owning a team.
Having business knowledge could also help an individual become an effective team leader. Negotiating salaries and offering incentives for players to join a team can be tricky, and individuals should have strategies in place to ensure that players decide to join their lineup.
There are MBA programs available that offer a focus in sports management. This could effectively teach you how to lead a team. An MBA could also be the gateway to starting entrepreneurial endeavors that could eventually allow you to make enough money to be able to purchase a team.
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Related Article Topics: Management
