How Much Do Sports Managers Make?
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How Much Do Sports Managers Make?
A recent study by the National Association of Colleges and Employers found the median starting salary for graduates with a bachelor’s degree in sports management to be $39,000.
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Job Description
A sports manager is responsible for the overall management of a sports team or league. They are in charge of hiring and firing staff, managing budgets, and promoting the team. They also work with the team’s coaching staff to ensure that the team is performing at its best. So how much do sports managers make?
Duties
Planning the work and managing the operations of a sports organization
– interviewing, hiring, and training new staff
– developing game plans and strategies
– analyzing statistics to determine the optimal way to utilize personnel
– negotiating contracts with players, coaches, and other staff members
– coordinating travel arrangements
– overseeing the budget
– monitoring compliance with league rules and regulations
Skills
In order to be a successful sports manager, you will need to have a strong understanding of the sport you are working in, as well as excellent communication and negotiation skills. You should also be able to work well under pressure and have experience in both coaching and managing teams. If you have these skills, you may be well on your way to a successful career in sports management!
Education
A bachelor’s degree is required for most sports management positions. Some jobs, such as those with professional sports teams, may require a master’s degree or higher. Many colleges and universities offer degree programs in sports management. Common courses include sports psychology, business management, and marketing.
Degree
In order to work in sports management, individuals must first obtain a bachelor’s degree from an accredited institution. Although not required, some students choose to complete a master’s degree or doctorate in sports management or a related field such as business administration or physical education.
Certification
Though there is no mandatory certification for sports managers, certification through the Commission for Sport Management Education (CPSM) can demonstrate a commitment to the profession and provide a theoretical and practical foundation in sports management. The CPSM offers two levels of certification: the Certified Associate in Sport Management (CASM) and the Certified Professional in Sport Management (CPSM). The CASM is intended for those new to the profession or working in support roles, while the CPSM is designed for experienced professionals. Both designations require passing an exam and completing a professional portfolio.
Training
Sports managers are responsible for the overall operation of a sports team or program. They typically have a background in business, sports, or both. Most sports managers have a bachelor’s degree, but some jobs may only require a high school diploma or an associate’s degree.
Sports managers typically receive on-the-job training to learn the specific details of their job. Many also complete continuing education courses or earn a master’s degree in business administration or sport management to improve their skills and advance their career.
Salary
The median annual wage for sports managers was $96,980 in May 2019. The median wage is the wage at which half the workers in an occupation earned more than the median and half earned less. The lowest 10 percent earned less than $48,590, and the highest 10 percent earned more than $187,199.
Hourly Wage
The median hourly wage for sports managers was $46.85 in May 2012. The median wage is the wage at which half the workers in an occupation earned more than that amount and half earned less. The lowest 10 percent earned less than $21.33, and the top 10 percent earned more than $100.79.
Annual Salary
According to the Bureau of Labor Statistics, the median annual salary for sports managers was $60,410 in May 2016. The lowest 10 percent earned less than $28,430, and the highest 10 percent earned more than $145,610.
Job Outlook
Sports managers typically need a bachelor’s degree in business administration, sports management, or a related field. However, some jobs may only require a high school diploma or less.
Most sports management positions are found in the professional and collegiate level. However, there are also opportunities at the high school and youth level. The job outlook for sports managers is good, with an expected 11% growth in the field from 2019-2029.
