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Bringing the NFL to San Antonio Proposal

Bringing the NFL to San Antonio Proposal

The proposed project is to bring a professional NFL team to San Antonio. This proposal will analyze the main aspects of the project, such as its economic impact, venue construction requirements and financing options, proposed stadium and gym design, construction timeline, team relocation considerations, infrastructure requirements, community engagement initiatives, financial projections, revenue streams, and return on investment. Bringing the professional NFL team to San Antonio will contribute to the team’s growth by exposing the team to a larger audience and contribute to the city’s economic growth by creating new revenue streams and creating jobs.

The project will impact San Antonio’s economy by creating jobs and new revenue returns. For instance, the project will create jobs for the venue constriction workers and maintenance staff. After the venue is constructed, the project will create jobs for the snacks and water vendors during games and other events at the stadium. The primary revenue streams that will be created from the project will include revenue from licenses granted to businesses opened around the stadium and the revenue generated from the tourism created by local and international tourists who visit the city to watch the team’s tournaments. The team will ensure that the city gets maximum economic benefits from the project because the city will be part of the financing options. The city will contribute 35% of the funds needed for the project, donors will contribute 25%, NFL legends will contribute 15%, and team sponsors will contribute 25%.

The team’s stadium will be located on the outskirts of the city, and the land will be purchased from the city to avoid issues in partnership transfer. The proposed NFL stadium design will include a large seating area for the fans to accommodate 80,000 fans. The gym will be designed to accommodate at least 50 people per session. The locker rooms will include one locker for each player and coach. The stadium will be constructed within two years and six months. The first six months will be spent planning the project. The next six months will be spent in the design and preparation stage. The next 12 months will be spent constructing the stadium, and the last six months will be spent reviewing the project to ensure that the stadium is fit for use.

The project’s expenditure will include team relocation costs and the costs that will be incurred in land acquisition, site development, construction costs, infrastructure and utilities, and licenses and construction permits. According to Heine (2023), relocation costs include the expenses incurred by a company when offering a package to staff who move to another location. The estimated investment amount for team relocation will be $500,000.Other investments will include $35 million for land acquisition, $1 million for site development, $20 million for construction costs, $5 million for infrastructure and utilities, and $2 million for licensees and construction permits. The high project costs are mainly because of the infrastructure requirements, which will be categorized into location, stadium design, parking, utilities, technology, hospitality, and accessibility. The projected return on investment will be between 50% and 70% monthly. According to Charles et al. (2019), return on investment is the monetary value generated from an investment compared to the costs incurred in the investment. Therefore, the return on investment will increase when the team’s operating costs are reduced.

The team will develop a good relationship with the community through community engagement initiatives such as corporate social responsibility and job creation. According to Walzel et al. (2018), professional sports teams contribute to the community by engaging in corporate social responsibility activities. According to Blowfield & Murray (2019), corporate social responsibility is a business model that focuses on positively impacting the community around the business or organization. Sports teams engage in corporate social responsibility to develop their fan base, create a good image, and recruit players (Valeri, 2018). The team’s corporate social responsibility initiatives will include scholarships, donating food to the needy in the community, participating in health-related initiatives such as blood donations, and donating funds to charity causes in the community. The corporate social responsibility initiatives will be funded through revenue generated from ticket sales, advertising and sponsorship, media insights, merchandise sales, and the sale of beverages and food during games and other events in the stadium.

References

Blowfield, M., & Murray, A. (2019). Introducing corporate social responsibility. Corporate Social Responsibility. https://doi.org/10.1093/hebz/9780198797753.003.0002

Charles, J. M., Jones, A., & Lloyd-Williams, H. (2019). Return on investment, social return on investment, and the business case for prevention. Applied Health Economics for Public Health Practice and Research, 279–300. https://doi.org/10.1093/med/9780198737483.003.0012

Heine, A. (2023). Relocation costs: What they are and why they’re important. Indeed. https://www.indeed.com/career-advice/starting-new-job/relocation-cost

Valeri, M. (2018). Corporate social responsibility in sports organizations. CSR, Sustainability, Ethics & Governance, 149–208. https://doi.org/10.1007/978-3-319-97649-5_5

Walzel, S., Robertson, J., & Anagnostopoulos, C. (2018). Corporate social responsibility in professional team sports organizations: An integrative review. Journal of Sport Management, 32(6), 511–530. https://doi.org/10.1123/jsm.2017-0227

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Question 


For this assignment, you will develop a thorough proposal and outline for your presentation. Remember that your presentation must be at least 14 slides. Your proposal and outline must encompass the financial concepts that are covered in this course. Begin your proposal and outline by developing the thesis of your presentation.

Bringing the NFL to San Antonio Proposal

Describe the thesis, then outline it. The outline must contain at least three levels of detail for each major element in the outline. End the outline by writing a brief conclusion that summarizes your presentation. The proposal and outline should also have a reference page with five or more references formatted in APA writing style. The proposal and outline will guide you through developing your presentation.

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