Twenty years ago, when professional sporting teams started selling naming rights to their stadiums and arenas, many purists called it a low point in the commercialization of sports. But today, the number of arenas and ballparks not named after a corporate sponsor is small. For revenue-seeking team owners, it is just too hard to pass up the money that comes with selling your stadiums’ name. Strategy, business development and marketing all play huge factors in naming-rights deals, with top prices for these deals reaching about half a billion dollars, according to Sports Business Journal.
Once upon a time the assembly line was the symbol of cutting-edge innovation and efficiency in manufacturing. One day soon 3D printing could give the assembly line a run for its money.
Whereas, in traditional manufacturing, parts and pieces are often collected from...Read More