Question: You will be financially analyzing the USA Track & Field Masters Outdoor Championships event. Notes: Estimate revenue based on 1,400 participants 70% of athletes will
You will be financially analyzing the USA Track & Field Masters Outdoor Championships event.
Notes:
- Estimate revenue based on 1,400 participants
- 70% of athletes will sign up for at least 2 events
- 30% of athletes will sign up for at least 3 events
- 10% of athletes will sign up for at least 4 events
- No national sponsorship dollars will be available to the LOC
2025 USATF Masters Outdoors Championship
Location of Event: Cane's River Center in Baton Rouge
Things to provide:
- Dirt (track expenses)
- A stage for Awards (Ballrooms in the center)
- Seating
- Hotels for staff (20 rooms a night) 7 days long
- Food for staff
- Plane tickets for 40 Staff
Revenue possibilities:
- Parking (Passes and RV)
- Concessions
- Product Raffles
- 50/50 Raffles
- Anything we can think of
- Sponsorships
With the above stated, answer the following question
- Financially, in this event who stands to benefit most?
- Analyze the financial expectations/relationship between the governing body and the local organizing committee.
- Is there an opportunity for the LOC to generate income?
- Will the governing body make a profit?
- Or does the budget analysis mean that the LOC will only break even or lose money on the event?
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