MG $435$Individual Case Based Component PaperPromptThe North American sport market is projected to grow annually between $2024-2027$ at $10\mathrm{.}44\%,$ resultingin a projected market volume of US$$1\mathrm{.}63$bn by $2027.$ Several factors contribute to this forecasted figure.Some of the revenue generating factors that contribute to this figure are merchandise, media rights, ticketsales, sponsorships. Conversely, salient disruptions such as Covid$-19,$ the emergence of Name, Image,and Likeness $($NIL$)$ and political warfare have affected the sport industry to varying economic degrees.You are required to use a professional team$/$college$/$league and submit a paper that addresses the four$(4)$ key revenue streams $($merchandise$,$ media rights, ticket sales, sponsorships$).$For example, if you select Boston Red Sox as your team, you will focus on their merchandise, mediarights, ticket sales, sponsorships. Lastly, your paper must include at least five $(5)$ references.Objective of PaperIn this research paper, you must argue if you agree or disagree with the forecasted market volume ofUS$$1\mathrm{.}63$bn by $2027.$StructurePlease segment your paper into the following categories:$$ Introduction$$ Why did you select the specific team$/$league$/$organization$?$ Address the $4$ Revenue Streams$$ Explain your rationale whether you agree or disagree with the projected figure of $$1\mathrm{.}63$bn$$ ConclusionFormat$$ APA$$ Use at least five $(5)$ external references $($internet articles, organization website etc.$)$ In$-$text citations$$ works cited page$4-5$ pages$12$ font Times New RomanRecommendationsCapture the reader$$s attention by using your unique writing style and evidence$-$based fact