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Please explain in detail. a. If a sports team is maximizing their wins, is that the same as maximizing their profits? Explain at least threeways
Please explain in detail.
a. If a sports team is maximizing their wins, is that the same as maximizing their profits? Explain at least threeways that teams seek to maximize their profits.
b. Using at least 2 teams from the following list, explainhow teams can become wealthy even if they do not win all the time.
https://www.forbes.com/sites/mikeozanian/2022/01/21/the-worlds-most-valuable-sports-empires-2022/?sh=5b27c1332193
https://bigthink.com/health/money-sports-success/
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