Hi! In this post, we’ll share with you a number of actionable ways to get your team funded.

While often not the main reason for people to follow their favorite sport, money is always part of the consideration. Most sports come with at least some costs in the form of travel, equipment or else. Thankfully, there are plenty of ways to raise additional funds for sports teams. Here are some of them:

1. Start a Crowdfunding Campaign

This type of financing is already well established for the launch of new products. One of the most well-known platforms, Kickstarter, is often in the news for record-setting campaigns.

2. Find a Sponsor

Of course, an easier way is to find a sponsor directly in the real world. Many local businesses and other organizations would be more than happy to support you in exchange for publicity.

3. Host a Fundraising Event

That is an event in which you offer visitors all sorts of entertainment with the specific goal of raising money for your team. For example, you could host an annual Christmas fair or summer festival with games, food and drinks to raise money.

4. Sell Branded Merchandise

Believe it or not, branded sports merchandise is a $700 million industry. Fans are more than happy to shell out money for jerseys, t-shirts, water bottles, hats, phone cases and other paraphernalia sporting their favorite team’s logo.

5. Rent-an-Athlete/Player Auctions

This can be a standalone event or part of a larger fundraiser. The idea is simple: hold an auction in which people can bid on your team members. All proceeds go to the good of the team while the auctioned-off players do chores like mow the lawn or walk the dog.

6. Sell Discount Cards and Voucher Books

Discounted offers for local and national restaurants and businesses allow customers to get very good deals and save a lot of money. The cards and vouchers are sold for a set price and come with a healthy profit margin. The best part: you usually only have to pay for the cards or voucher books you actually sell.

7. Text-to-Give

You might know text-to-give from charitable donations. It works like this: people text a certain word or phrase to a phone number. When they do so, they automatically donate a certain amount of money to the recipient with the funds taken out of their phone bill.