Winning the Game: The Risks and Rewards of Investing in Competitive Sports Kunal Prafulbhai Patel College Communications 2 (COMM171) – SEC 204 Prof. Rajendra Panthee 07 - 11 - 2023 Annotated Bibliography Unit 8 Write the annotated bibliography for three of your best research sources. One of the sources must be peer reviewed. Each annotation can be 2-5 sentences. The first few sentences can be a summary of the article and the last few sentences should illustrate the way you will use your source to evaluate your source. IE) what part of the response section will the research go in? What framework will it support? Source 1 APA entry: Wang, Y. (2021). Analysis of Risks and Strategies of Investment in Global Sports Industry. Atlantis Press https://www.atlantis-press.com/article/125959283.pdf Annotation: This article examines the risks and strategies associated with investing in the global sports industry. It discusses the unpredictable nature of the sports sector and suggests ways to minimize risks. The research study presents a lot of statistical information and real-world examples, which boosts its credibility and effectiveness. It suggests that if the primary article had included similar examples, it would have increased its reliability as a source of information for readers. Source 2 APA entry: Broughton, M. (2022). Michael Broughton - How and where to invest in sports to drive growth ?. [videofile]. Youtube https://www.youtube.com/watch?v=rfw32jBT2xE Annotation: This video provides detailed analysis of betting in sports industry, including its pros, cons, strategies and a lot more. This video showcases Michael Broughton, a highly experienced sports consultant specializing in technology, finance, investment, and data, with 20 years of industry knowledge. The video emphasizes his extensive work with well-known clients such as Manchester United, Chelsea, Arsenal, Liverpool, The FA, and Honda Racing F1, among others. It also highlights his leadership position in FIFA's Technology and Investment Strategy between 2018 and 2020. Including such an introduction about the author enhances the reliability of the information presented. If the primary source had included the author's professional background in the relevant field, it would have further bolstered the article's persuasiveness. Source 3 APA entry: Abraham, S. (May 4, 2023). The Pros and Cons of Investing in a Sports. Investopedia https://www.investopedia.com/articles/fundamental-analysis/12/pros-cons-investingsports.asp Annotation: This article suggests that investing in professional sports franchises and related businesses can be a lucrative opportunity due to their high value and loyal consumer base. However, they are not risk-free, as they are susceptible to economic downturns and scandals that can impact their value and reputation. This article provides a fair and balanced perspective on the topic of sports investing by discussing both sides of the argument. The article aligns with the balanced approach of the original article.
