16 November 2014 Business Planning Guide www.greenmediaonline.com
LegaL Issues
There are a lot of reasons to love a great stadium — your favorite
team plays there, the seats have great views, it's the home of fond
memories. Maybe it just has the best sushi in town. But when
you run a sports venue, it's the less glamorous issues that keep
you up at night: like how to limit the facility's liability. Because
if you don't keep your facility safe and your liability limited, the
results can be catastrophic.
Wait, What's liaBility?
Put simply, liability is the risk that your organization will be
sued for injuries (or property damage) that occur at your facility.
You can never entirely eliminate liability, because some disasters
simply aren't foreseeable. But if you make your facility as safe as
possible, obtain waivers, and purchase liability insurance, you
can dramatically reduce your risk.
safety
Operating a safe sporting facility is the first step in limiting your
liability. The primary reason why prioritizing safety will limit
liability is that in order for players or visitors to win a lawsuit
against the facility, they must first show that they, or their property,
were harmed. If there's no injury, there's no basis for a lawsuit.
Limiting liability for your
sports facility
■ by PatrIck D. McguIness
