corporate sponsorship
Sponsorship of a particular sport institution or sport event by a commercial organization, corporation, or business. Sponsorship is about product placement and brand awareness, and large sums are paid by national and international firms to gain exclusive sponsorship rights. Whereas corporate sponsorship may once have been thought of as a variant of philanthropy, it is now a core and very visible element in the contemporary political economy of sport, and corporate sponsorship is talked of as a kind of partnership. The marketing department of the ... ...
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