Top 10 important words and phrases for Athletes Business Manager

Top 10 important words and phrases for Athletes' Business Manager Introduction: The Language of Sports Management Hello everyone, and welcome to today's video. As an athlete's business manager, it's crucial to have a strong grasp of the terminology used in the field of sports management. These words and phrases not only help you communicate effectively but also demonstrate your expertise. So, let's dive into the top 10 essential terms! 1. Endorsement An endorsement is when a company or brand pays an athlete to promote their products or services. It's a significant source of income for many athletes and requires careful negotiation and contract management on the business manager's part. 2. Sponsorship Similar to endorsements, sponsorships involve a company supporting an athlete financially. However, sponsorships often encompass a more comprehensive partnership, with the brand's logo appearing on the athlete's apparel or equipment. 3. Image Rights An athlete's image rights refer to their exclusive control over the commercial use of their name, image, and likeness. As a business manager, it's essential to protect and monetize these rights through licensing deals and partnerships. 4. Performance Clause