The human being with his development has created physical activity; first, as personal strengthening and health, then as social entertainment. In this development, entertainment has evolved into competition and, in turn, into business. Recreation activity has become a human right that the State must guarantee, but it must also be determined to the extent that it causes effects that transcend the economy, health and human integrity. This reality made the world adapt to guaranteeing the rights of individuals in the professional practice of sports. A process that evolved more than 50 years ago and in which Panama has not had a consistent structural or legal growth compared to the world reality and the needs of athletes and sports competitions. Our research revolves around a proposal to adapt and update ourselves to the real challenges in the world of sports. Panama has a lack of compilation and determination of legal models to delimit recreational sports and professional sports as a business; Therefore, the legal nature of sporting activity is neglected, leading to important gaps that need to be corrected. Our research methodology was precisely to rely on interpretive methods of the legal reality of some countries; as well as descriptive ones that provided us with the necessary information to describe the Panamanian context; based on the observation of each structure. Our conclusion reached the urgent need for a current adaptation of sport and the structuring of sports regulations adjusted to the reality of the athlete and those involved in sports practice; However, to achieve this, it is essential to begin with an acculturation of our society about the legal nature of sport.