Sports Executives
Overview
Introduction
Sports executives, sometimes known as team presidents, CEOs, and general managers, oversee the business operations of professional, collegiate, and minor league sports teams. They are responsible for the teams' finances, as well as overseeing the other departments within the organization, such as marketing, public relations, accounting, ticket sales, advertising, sponsorship, and community relations. Sports executives also work on establishing long-term contacts and support within the communities where the...
Quick Facts
Median Salary
Employment Prospects
Minimum Education Level
Experience
Skills
Personality Traits
Earnings
General managers, team presidents, and other sports executives may earn salaries that range from $68,600 to more than $187,200 per year. Those in the minor leagues earn far less, only $20,000 to $50,000 while star managers can earn $1 million or more per year in the majors. According to the U.S. Department of Labor, general and operations managers for sports organizations earned average annual ...
Work Environment
Sports executives work mostly in offices. Sports team management is a fickle industry. When a team is winning, everyone loves the general manager or team president. When the team is losing, fans and the media often take out their frustrations on the team's executives. Sports executives must be able to handle that pressure. This industry is extremely competitive, and executives might find themse...
Outlook
The U.S. Department of Labor predicts that employment for chief executives in the sports industry will grow by 6 percent through 2028, while jobs for general managers are forecast to grow by about 7 percent, faster than the average for all jobs. The coronavirus pandemic has paused or cancelled many sports competitions around the world. It's predicted that in the latter half of 2021, as the pand...
