How to Avoid IP Risks When Using Sports Data and Statistics in Your Business
Sports data can be a critical economic driver for businesses, whether they transmit game scores, compile performance records, or facilitate sports betting. In many instances, businesses need to publish sports data on their platform, which often means pulling and reproducing data from official sources, such as sports league websites.
Pulling sports data may be challenged by those with an interest in the data, namely the leagues and players. In the current economy, data can be one of the most commercially valuable assets a business owns. Tabulating and providing sports statistics to the public is an element of the leagues’ enterprise. For players, these statistics are a marker of their identity and abilities as an athlete. Leagues and players alike may oppose third-party businesses exploiting statistics to generate profit without permission and compensation.
Source: JD Supra, LLC