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The video tutorial discusses creating a sponsorship agreement, highlighting five key things to include in every sponsorship contract. The speaker, Chris Bale, emphasizes the importance of consulting with a lawyer before entering into any legal agreements with sponsors. He stresses the significance of involving legal professionals due to the critical nature of sponsorship agreements. It is essential to understand that sponsorship is a marketing discipline, and legal counsel is necessary to ensure the agreement is legally binding and beneficial for all parties involved. Subscribe to the channel for more updates.