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Revenue Share
In a sports negotiation, the owners and players' union have reached a deadlock over revenue share split.
Both want revenue share division, which is not mathematically possible as it adds up greater than 100%.
Any further delay in agreement will affect the season's earnings from different sources e.g. Media, Stadium etc.
You have been invited to suggest a proposal to break the deadlock and avoid impacting the season earnings.
Photo Adaptation : pixabay.com / vectors / basketball-ball-sport-orange-ball /147794
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Negotiation is an important life skill
Negotiation is also a game, the more you play and practice, the better you get. Learn and prepare negotiation to reduce anxiety. Like any other skill, it can be mastered.
· Negotiation skills are learnable · You need to know the concept & principles · You need to apply the principles & practice the game · You should get feedback after each negotiation to improve
Last but not the least, seek negotiation and don’t avoid it. When you do buy or sell an asset or join a new job, negotiations are part of the whole process. Prepare for negotiations and don't avoid.
Negotiation is an information game, a conversational dance where we exchange offers...back and forth…offers and counteroffers to benefit mutually.
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