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How Crucial is it to Have a CEO for a Franchise Sports Team?

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  In the competitive world of sports teams , the team's ultimate authority plays a crucial role in managing a franchise. This role involves overseeing business,  marketing , and sports activities, requiring a blend of strategic leadership,  finance , and operations skills. Conflict between interests and merits can lead to control over aspects like sponsorship deals, athlete development, and media outreach. The decisions made by authority figures can impact team performance, revenue, and market growth. Again, the sports industry comprises functions, events, and activities that span across and within regions and continents, thereby seeking new openings, and creating new challenges such as digital evolution and sponsorship issues. The ability to see the big picture and connect that to overseeing operations, business strategy, and  market  execution is where a CEO is pivotal. Interestingly, without the right systems of governance, even skilled players and coaches ca...

NFT artists get first significant test since the global crypto collapse

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  AS NFT art sales dwindle and only  handful of digital-art stars appear to be weathering the  crypto  storm. The days of NFTs of JPEGs selling for $69.3 million may be over for now. Still, a handful of leading digital artists held their own during a Christie’s charity sale that tested the lasting appeal of tokenized digital art amid a recent crash in cryptocurrency crash. Christie’s $1.6 million “Cartography of the Mind” sale exceeded the auction house’s own $1.5 million expectations, but none of its 27 NFT offerings were priced to sell for over $250,000. The auction comes amid a market meltdown for cryptocurrencies, many of which, like Ethereum and Bitcoin, have recently plummeted to less than half of their peak values. The Christie’s sale amounted to a who’s who of NFT artists, including Refik Anadol, Beeple, and Mad Dog Jones. They rose to global prominence amid last year’s jackpot for digital art, thanks to the advent of non-fungible tokens or NFTs and flush cry...