Write a well-reasoned, thorough essay, and accepted standards of proper English

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Write a well-reasoned, thorough essay, and accepted standards of proper English grammar, spelling, and punctuation apply. A multi-paragraph academic essay format is STRONGLY preferred, including informal citation of sources, and a list of works cited.
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1. Go to: https://www.youtube.com/watch?v=hGB7AN326Zc
and watch and interpret the video.
2. Answer the following questions in the essay format previously established above.
Are SPONSORSHIPS of regional, national and global sporting events and the subsequent “Money Cycle” net positives or net negatives? Do you consider it a good thing or a bad thing that media sponsorship of sporting events and athletes has morphed into a multi-billion dollar industry worldwide? Remember that any time an investor has that much at stake, additional pressure and influence is bound to develop/arise. Does that change your answer? Why? Be sure to include the five components of the “money cycle” mentioned/discussed in your text, namely, Athletic Talent, Owners of Teams, Television Networks, Advertisers and The Fans.

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