Over the past decade, NASCAR race teams have become increasingly more reliant on securing sponsorships to offset the continually escalating costs of running a competitive racing program. As NASCAR's popularity
Valuation of Sponsorship Opportunities in Sports
Valuation of a sponsorship opportunity is much more art than science and it is important that a lawyer involved in the negotiation of a sponsorship agreement understand how the various factors interrelate. While this article focuses on the factors affecting the valuation of a sponsorship opportunity with a NASCAR race team, most of the factors can be applied to sponsorship opportunities in other sports as well.
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