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Sponsorship as a determining factor in the development of the careers of
Spanish elite athletes. Inequalities by gender and type of sport
bination with the use of social networks, inno-
vation, the emergence of a good opportunity,
positive consumer response, corporate social
responsibility and brand revaluation (Miragaia
et al., 2017; Kim et al., 2019; Navarro-Picado,
2019; Contreras-Espinosa, 2021). Once spon-
sorship is implemented, companies try to re-
cover or monetize their investment, through
fan involvement and brand recognition and
positive image associations generated in the
long term (Smith et al., 2008; Kwon and Shin,
2019; Gutiérrez-Aragón et al. 2021). In any case,
measuring the return value of an investment in
a sports sponsorship is an extremely complex
task, as this return depends, to a large extent,
on the positioning and prior knowledge of the
brand in the market and the sustainability over
time of the investments, which favor the recog-
nition and association of the brands to specic
projects, athletes or sports entities (Brewer and
Pedersen, 2010; Walraven et al., 2014; Abril et
al., 2018).
On the other hand, regarding sponsorship of
individual athletes, although not all sports enjoy
the same sponsorship conditions and there is
an increasing eort to combat possible inequal-
ities, the most common form of contract nego-
tiation is carried out through agencies special-
izing in this eld. These agencies reach reach
cession agreements of certain rights of the ath-
lete in exchange for certain services, material
or, in the best cases, periodic sums of money
more or less large, depending on the gender
or media impact of the athlete, the discipline
or the country in which he or she exercises his
or her activity (Buser et al., 2020; Manzenreiter,
2021; O’Connor, 2021). Sponsorship contracts
signed under these parameters, in the absence
of a global regulation relating to sport and its
sponsors, are dierent in each country, de-
pending on their respective regulations, so that
situations that are legal in a given country may
not be legal in another, due to issues relating
to salary or income ceilings of the teams (Gar-
cia and Meier, 2016; Akhmetshina et al., 2017).
Thus, for example, while university sport enjoys
extensive funding and a large public following
in Anglo-Saxon countries, these competitions
in Spain bear a heavy burden of indierence
from the public; this results in university sports
being relegated in many cases, and their in-
frastructure and investment are precarious
(Blanco-García and Burillo, 2018; Brunton and
St Quinton, 2021). Apart from the relevant legal
considerations regarding the country in which
the investment will take place and the dierent
sociocultural rules that operate there, these
contracts have to take into consideration both
the needs of the sponsored athlete, the events
and disciplines in which he or she participates,
and the communication objectives of the spon-
soring company. In this way, it is avoided that
low social acceptance of the sponsoring com-
pany causes the loss of the investment (Mikhail-
itchenko et al., 2012; Montes et al., 2014; Kesh-
kar et al., 2019).
The companies’ selection of professional ath-
letes to be sponsored will depend on their re-
sults and their sports image, or on the media
presence of their discipline; but it will also de-
pend on the values represented for society and
their moral exposition to the community, be-
sides the potential brand visibility in function of
the products that they want to promote. (Cre-
spo-Celda, 2020; Torres-Romay y García-Mirón,
2020). Other valuable aspects in the same
sense are the phenomenon of shared experi-
ence, international relevance, and the volume
of participants in the events. Thus, some var-
iables are relegated, in many cases, like spec-
tators’ preferences and even athletes´ needs
(Rutter et al., 2019; Wakeeld et al., 2020). In this
eld, big multinationals usually bet for sponsor-
ship contracts with big athletes with worldwide