What are common revenue streams for sports teams?

The correct conclusion stems from identifying the primary and most common sources of revenue for sports teams, which are ticket sales, merchandise, sponsorships, and broadcasting rights.

Ticket sales generate immediate revenue from fans attending games, making it a fundamental income stream. Merchandise sales represent ongoing revenue as fans purchase team apparel and memorabilia to demonstrate support. Sponsorships provide significant financial backing from companies looking to associate their brands with popular sports teams, often resulting in multi-million dollar agreements. Broadcasting rights involve contracts with television networks that pay teams to air their games, creating substantial revenue over the long term as media companies compete for viewership.

These revenue streams form the backbone of a sports team's financial strategy, ensuring sustainability and the ability to invest in player acquisition, facilities, and overall team operations.

Other choices, although they include elements related to sports management, either reference expenses (as seen in player salaries or training expenses), less common or variable sources of revenue (such as fan engagement events), or factors that pertain more to operational costs rather than direct revenue generation. Thus, the selection of ticket sales, merchandise, sponsorships, and broadcasting rights aptly encapsulates the critical components of a sports team's revenue model.