In recent days, the massive income of athletes and other financial resources has contributed to a large sport’s business. Despite having several certain reasons for the drawback of this issue, I strongly believe that this growth may promote the national economy and athletes’s spirit.
The foremost reason contributing to the drawback of the advancement of sport’s business would be distorting the true spirit of sport. Some individuals misuse the sport system for getting personal financial resources since they can utilize various means of method such as betting or trading the athlete, creating the effect of commercialization. This can lead to the undermeaning of sport and make a negative impression to both sportspeople and audiences, endangering the long-term sustainable advancement of the sport system. Moreover, in many developing countries, the excessive finance of paying for sports has become a burden for the authorities as they lack money for other crucial developments. For instance, the advancement of the healthcare and education system may be disrupted by the appearance of other massive budgets, which have to pay to sustain it, just for entertainment. However, most regions gain a huge amount of money from sports from tourism and organisations while they also get sponsorship from businesses and other countries. As a result, not only do nations broaden their reputation but also they can enhance the potential of the national budget, directly improving the quality of human living through taxes and investigation.
From my perspective, besides the improvement of financial fields, the inspiration and opportunities provided for aspiring athletes also contribute to the benefit of each individual . The financial rewards and fame associated with professional sports encourage young people to pursue their dreams and invest in their athletic skills. For example, Simone Biles, the American gymnast, exemplifies how high-profile athletes can inspire future generations. Her exceptional talent and success at a young age, combined with her celebrity status and endorsements, have motivated countless young girls to pursue gymnastics.
In conclusion, while the advancement of sport business can distort the sport’s spirit and create a financial burden, I firmly argue that the national budget and athletes can benefit from the service and talent. Moreover, authorities should balance between the expense and budget location, deterring the lack of financial support for other fields.