What is the most effective way to handle a contract dispute with a sponsor?
Contract disputes with sponsors can be a major headache for sports managers, especially when they involve high-profile athletes or teams. Sponsors are vital for generating revenue, enhancing brand image, and providing resources and support for sports organizations. However, sometimes they may have conflicting interests, expectations, or demands with the sports managers or the athletes they sponsor. How can you handle such situations effectively and professionally? Here are some tips to guide you through the process of resolving a contract dispute with a sponsor.