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Systems and methods for risk management of sports-associated businesses

A technology for sports and physical activities, applied in data processing applications, finance, instruments, etc., can solve problems such as reducing importance

Active Publication Date: 2011-11-16
CRYSTAL WORLD HLDG
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  • Summary
  • Abstract
  • Description
  • Claims
  • Application Information

AI Technical Summary

Problems solved by technology

While these risks are not directly related to common risk factors such as commodity prices (i.e. oil prices), interest rates, foreign exchange rates, this does not make them any less important

Method used

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  • Systems and methods for risk management of sports-associated businesses
  • Systems and methods for risk management of sports-associated businesses
  • Systems and methods for risk management of sports-associated businesses

Examples

Experimental program
Comparison scheme
Effect test

example 1

[0108] Example 1 - Exemplary Interactive Order Entry Process of the Invention

[0109] Figure 7A -F shows a display interface of a possible order process example according to the present invention. For example, these screen interfaces may be displayed at user terminals 12 and 14 through transaction system 18 in conjunction with index proxy system 19 (for calculating sports risk index values). Users can interact with these screen interfaces in known ways, such as by selecting text and icons, by entering text into fields, and the like. In particular, these exemplary screen interfaces illustrate user searches and orders for specific futures contracts offered by trading system 18; the illustrated search is performed through a sequential display of screen interfaces that are structured and hierarchically arranged.

[0110] Figure 7AThe screen interface displayed by the trading or exchange system is shown in detail, and the derivative contracts stored in the database 17 and tra...

example 2

[0119] Example 2 - Calculation of Sports Risk Index Values ​​from the Sports Risk Index (SRI) Model of the Invention

[0120] According to the preferred embodiment of the present invention, this example further illustrates the method for calculating the sports risk index of an American baseball team, Boston Red Sox, on December 31, 2006. The Boston Red Sox are located in the city of Boston, within the Boston-Cambridge-Quincy MSA (Metropolitan Statistical Area). Accordingly, appropriate data sources collected from the Bureau of Economic Analysis (preferred data source) may include, calendar year 2006 MSA population of 4,465,674, and MSA per capita income of $50,542 (ie, population and income data 32). In the past 365 days (one year), the total number of attendance data for all home games is 2,930,768 (ie, attendance data 30), and these people watched the Boston Red Sox between January 1, 2006 and December 31, 2006 team's home game. For the past 365 days, the projected viewers...

example 3

[0130] EXAMPLE 3 - MANAGING RISK USING THE FUTURES CONTRACT OF THE INVENTION

[0131] This example illustrates a sports-related business in this example that is a supplier of goods and services to a sports team at a stadium (i.e., a "franchisee") whose business activities are at least partly Depending on winning, in this example the Arizona Diamondbacks (an American baseball team), how can the financial instrument of the present invention based on the Diamondbacks' sports risk index be used to hedge or transfer risk. Example values ​​for the Sports Risk Index for May 2007 are shown in the table below.

[0132]

[0133] For this example, assume that the franchisee is in a short position on the Arizona Sports Risk Index futures contract. The incentive was that during May 2007, lower stadium attendances led to lower food and beverage sales, and the return on short-selling futures contracts at least partially offset the loss of franchise earnings. Assume that the futures cont...

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PUM

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Abstract

This invention provides risk management systems and methods for enterprises associated with a wide variety of sports activities, e.g., sports having individual athlete participants as well as sports having team participants; sports activities having regional, national, or international scope; professional and non-professional sports activities; and so forth. In preferred embodiments, the systems and methods of this invention derive models of the economic values and of associated economic risks of particular sports activities and provide indices reflecting model computations. In further preferred embodiments, the system and method of this invention provide financial instruments having values that derive from one of the provided indices, index computing systems, and exchange or trading platform systems by which such derivative contacts can be valued and traded.

Description

technical field [0001] The present invention relates to the risk management of sports-related industries, and the preferred embodiment relates to the calculation of financial indexes, or more specifically to the calculation of financial indexes in sports (hereinafter referred to as "sports risk index" or "SRI, sports risk index") , according to which futures and options or other derivative contracts can be traded. technical background [0002] The sports industry has developed and grown into a major area of ​​business enterprise. In addition to the actual participants (ie, individual participants (athletes), sports team (or club) participants, sports team associations (or leagues)) involved in the competition, the sports industry also includes numerous enterprises. These include sporting goods and apparel manufacturers and distributors, dealers, franchisees, sponsors and advertisers, media and entertainment companies, and facilities management companies. Also includes othe...

Claims

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Application Information

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Patent Type & Authority Applications(China)
IPC IPC(8): G06Q50/00G06Q40/00G06Q10/00
CPCG06Q40/06G06Q10/0635G06Q10/067G06Q40/04
Inventor 克里斯多佛·保罗·罗巴莱斯莎伦·乔伊·布朗-赫鲁斯加艾明·阿尔帕·欧兹吉特路易斯·古斯卡洛斯·米格尔·小杜兰
Owner CRYSTAL WORLD HLDG
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