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Today, Chris Bale from the Sponsorship Collective discusses how to create a sponsorship agreement and outlines the five key things to include in every sponsorship contract. He emphasizes the importance of consulting a lawyer before finalizing any agreements with sponsors, due to the legally binding nature of these contracts. Bale highlights the significance of sponsorship as a marketing discipline and stresses the necessity of involving legal experts in the process. Subscribe for more insights on sponsorship strategies.