Sports scandals can have a significant impact on investment opportunities in the sports industry. When a scandal occurs, the reputation of the league, team, or athlete involved can be tarnished, leading to a loss of trust from fans and investors alike. A fall in the value of any investments made as well as a decrease in revenue for the team or league may follow this loss of trust. Additionally, undermining the team's or league's financial success may be caused by sponsors and marketers withdrawing their support. As a result, when thinking about investing in a team or league with a history of controversies, investors should be aware and careful.