7112 - Spectator Sports
If you’re involved in the exciting world of live sports entertainment, understanding NAICS Code 7112 – Spectator Sports is essential. This classification plays a key role in defining businesses that operate live spectator sporting events, from professional leagues to amateur clubs. Whether you're a business owner, government contractor, or sports enthusiast, knowing what falls under this NAICS code helps in navigating industry regulations, contracting opportunities, and market analysis.
What is NAICS Code 7112?
NAICS Code 7112 – Spectator Sports is a classification under the broader Arts, Entertainment, and Recreation sector. It includes establishments primarily engaged in organizing, promoting, and managing live spectator sports events for public entertainment.
Key Features of NAICS 7112:
- Operation of live professional and amateur sports events
- Management of sports teams and leagues
- Promotion and organization of sporting competitions and matches
Sector Overview: Arts, Entertainment, and Recreation
NAICS 7112 falls under Sector 71, Arts, Entertainment, and Recreation, which encompasses a broad range of activities providing cultural, entertainment, and recreational services.
Typical Business Activities under NAICS 7112:
- Managing and operating professional sports teams such as football, basketball, and baseball
- Organizing amateur sports leagues and clubs
- Promoting and staging sporting events as sports event promoters and organizers
These businesses focus on attracting spectators to enjoy live sports performances, often generating significant economic and cultural impact.
NAICS Code 7112 - Size Standards
For businesses seeking government contracts or small business certifications related to NAICS 7112, the Small Business Administration (SBA) assigns size standards based on industry revenue or employee count.
- Small Business Size Standard: Typically, $40 million in average annual receipts
Understanding these size standards helps businesses determine eligibility for federal contracting and programs.
Examples of Businesses Classified Under NAICS 7112
- Professional Sports Teams: NFL teams, NBA franchises, Major League Baseball teams
- Amateur Sports Leagues: Local soccer clubs, youth baseball leagues, collegiate sports teams
- Sports Event Promoters and Organizers: Companies that arrange tournaments, boxing matches, or racing events
These examples highlight the breadth of activities involved in the spectator sports industry.
NAICS Code 7112 - Detailed Code Information Table
| NAICS Code | Title | Description | Sector | Size Standard | Typical Businesses |
|---|---|---|---|---|---|
| 7112 | Spectator Sports | Establishments primarily engaged in operating live spectator sports events, including professional and amateur teams, organizing and promoting sporting events for public entertainment. | Arts, Entertainment, and Recreation (Sector 71) | $40 million average annual receipts | Professional sports teams, amateur leagues, sports event organizers |
FAQs about NAICS Code 7112 – Spectator Sports
Q1: What types of sports does NAICS 7112 include?
A1: This NAICS code includes a wide range of sports such as football, basketball, baseball, soccer, hockey, and other professional and amateur live spectator sports.
Q2: Can sports event management companies fall under NAICS 7112?
A2: Yes, event promoters and organizers that manage and promote live spectator sports events are classified under 7112.
Q3: What is the relevance of NAICS codes for sports businesses?
A3: NAICS codes are essential for business classification, eligibility for government contracts, economic analysis, and regulatory compliance.
Q4: How can a small sports league verify if it qualifies under the small business size standard?
A4: They can check the SBA’s size standards, where for NAICS 7112, businesses with average annual receipts under $40 million are considered small.
Q5: Are college or university sports teams included in NAICS 7112?
A5: While most college sports are operated by educational institutions (classified differently), club sports or independent amateur leagues related to schools might fall under this code.
Conclusion
NAICS Code 7112 – Spectator Sports, is a pivotal classification within the Arts, Entertainment, and Recreation sector that defines the operation and management of live sports events. Understanding this code can benefit businesses looking to engage with government contracts, expand in the sports marketplace, or analyze industry trends. Whether you represent a professional team, amateur league, or event promoter, aligning your business with NAICS 7112 standards ensures better market positioning and access to opportunities.
Keywords: NAICS Code 7112, Spectator Sports, Professional Sports Teams, Amateur Sports Leagues, Sports Event Promoters, Arts Entertainment Recreation Sector, Small Business Size Standard, Sports Business Classification
