According to the material, the majority of sports are owned by what governance structure?

• A. Confederations
• B. Individuals
• C. Municipalities
• D. Private corporations

Answer: (A)

Ownership here means who holds the authority to govern, sanction events, and manage the sport across many countries. Confederations are umbrella organizations made up of national or member associations and they oversee the sport within a region or globally. They set rules, approve competitions, certify officials, and allocate development funds, giving them broad control over how the sport operates. Because this governance power is centralized in these federations rather than in a single person, a municipality, or a private company, they’re described as owning the sport’s governance structure. While individuals or private companies may own teams or leagues, the overarching governance framework comes from the confederations.