Although organizing a basketball tournament can be a lot of work, it can really pay off for your local team or league literally. Tournaments are great fundraising opportunities because you can earn money from entry fees, concessions and merchandise. Whether you're putting on an event in conjunction with a local parks and recreation department, a youth or adult league, a high school or college, these extra funds can help keep your group afloat financially and help players subsidize costs or travel expenses to other area tournaments..
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