Monday, February 16, 2026

The Sports Economy’s $8.8 Trillion Potential

Sport has always been a significant aspect of our society, bringing people together and promoting physical and mental well-being. However, with the rise of professional sports and the increasing commercialization of the industry, the true essence of sports has been overshadowed by the pursuit of profit and fame. In this context, Sebastian Buckup, the founder of a global initiative called “Sport and Sustainability International” raises an important question- can sport reinforce today’s extractive patterns or can it model a new definition of success? In this thought-provoking statement, Buckup highlights the potential of sports to bring about positive change and redefine success in our society.

The extractive patterns that Buckup refers to are the prevalent practices in the sports industry that focus solely on financial gain and individual success, often at the expense of sustainability and social responsibility. We have all witnessed the negative impact of these patterns, from rampant corruption and doping scandals to the exploitation of athletes and the environment. In this scenario, it is crucial to recognize the transformative power of sports and how it can be harnessed to create a more sustainable and inclusive world.

Sport has the ability to transcend boundaries and unite people from all walks of life. It can break down cultural barriers, promote gender equality, and foster social cohesion. These values are at the core of sports, and it is time to shift our focus from profit to purpose. As Buckup rightly points out, “sport can model a new definition of success.” This new definition should not solely revolve around winning or financial gain, but it should also encompass sustainability, social responsibility, and ethical practices.

One way in which sport can reinforce extractive patterns is through the exploitation of resources and the environment. The construction of massive stadiums and the constant travel for various sporting events contribute to carbon emissions and environmental degradation. This not only has a negative impact on the planet but also on the communities and indigenous people who are often displaced to make way for such projects. However, with the growing awareness of climate change and the role of sports in it, there has been a shift towards sustainable practices. For instance, the Tokyo Olympics 2020 has pledged to be carbon neutral, and FIFA has included sustainability as one of its key objectives.

Moreover, sports can also be a platform to raise awareness about critical issues and drive change. Athletes have a significant influence on society, and their voices can be powerful tools to advocate for issues such as climate change, social justice, and human rights. We have seen this in action with athletes like Serena Williams, LeBron James, and Colin Kaepernick using their platforms to speak out against social injustices and promote positive change. By modeling a new definition of success and using their influence for the greater good, these athletes are inspiring others to do the same.

Another crucial aspect of sports that needs to be addressed is the well-being of athletes. In the pursuit of success and fame, athletes are often pushed to their limits, both mentally and physically. The pressure to perform, the constant spotlight, and the lack of support for mental health can take a toll on athletes’ overall well-being. This extractive pattern needs to be challenged, and sports organizations must prioritize the well-being of their athletes. Initiatives such as the NBA’s mental health program and the World Players Association’s “Universal Declaration of Player Rights” are steps in the right direction. By prioritizing the holistic well-being of athletes, we can create a healthier and more sustainable environment for them to thrive in.

Furthermore, sport has the power to bring about economic and social development in communities. By investing in grassroots programs and promoting sports among marginalized groups, we can create opportunities for education, employment, and social inclusion. Organizations such as “Right to Play” are doing exceptional work in using sports as a tool for development and empowerment. By promoting a more inclusive and equitable society, we can break the cycle of extractive patterns and create a more sustainable future.

In conclusion, the statement by Sebastian Buckup, “Sport can reinforce today’s extractive patterns—or it can model a new definition of success,” serves as a wake-up call for the sports industry. It is time to shift our focus from short-term profits to long-term sustainability and social responsibility. Sport has the potential to be a force for good, and it is up to us to harness this potential and create a positive impact on society. By modeling a new definition of success that encompasses sustainability, social responsibility, and well-being, we can pave the way for a better and

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