The first professional league was the National League. Answer - True
The first professional team was the Cincinnati Red Stockings. Answer - True
A lack of revenue sharing leads to disparities in funding and success between
teams in small markets and those in large markets. Answer - True
What element helps drive moneyball? Answer - Efficiency
What does a commissioner need as part of the skill set? Answer - Ability to
delegate
A team general manager handles all personnel matters. Answer - True
A combination of a tight salary cap and a team salary minimum hurts rookies.
Answer - False
Recent decades have seen a significant increase in recruitment of players for
various leagues from countries outside North America. Answer - True
What is the only sports league to ban corporate ownership? Answer - NFL
, ________________ has emerged as a method for leagues to establish
themselves in a manner that avoids antitrust liability and creates centralized
fiscal control. Answer - The single-entity structure
According to Much and Gotto (1997), what are the two most important factors
in determining a sports franchise's value? Answer - The degree of league
revenue sharing and the stability of a league's labor situation.
"League think" is the concept Answer - introduced by Pete Rozelle that owners
needed to do what was best for the NFL as a whole, as opposed to their
individual franchises.
In baseball Statcast can measure what types of performance? Answer - All are
correct
John Montgomery Ward founded the first baseball players union to fight what
practice(s) by baseball team owners? Answer - All are correct
What percentage of NBA television revenues and merchandise sales come from
foreign markets? Answer - 20% of each
The privileges granted to owners that come with team ownership are called
______. Answer - franchise rights
Professional leagues have organized themselves in a manner consistent with a
corporate governance model. Answer - False
The practice of charging spectators at golf events began at fund-raisers by top
male and female golfers to benefit the Red Cross during World War I. Answer -
True
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