Sm- Test 2 Questions and Answers.
List at least 5 tasks commonly performed by a sports agent and state five reasons for the growth
of the sports agent business. - Answer Tasks performed by a sports agent:
1. Marketing the client
2. Financial planning
3. Career and post-career planning
4.Dispute resolution
5. Legal counseling
Personal care
5 reasons for the growth of the business:
1.Evolution of players ‘associations
2. Reserve system
3.Need for tax and financial planning with increased salaries
4.Development of competing leagues created competition for players and thus higher salaries
5.Increased opportunity for athletes to increase income through endorsements with expansion
of television and entertainment industries
Commissioners have lost some of their power over time. List the six areas that the
commissioner continues to retain discretionary power. - Answer 1. Approval of player
contracts
2. Resolution of disputes between players and clubs
3. Resolution of disputes between clubs
4. Resolution of disputes between player or club and the league
5. Disciplinary matters involving owners, clubs, players, and other personnel
6. Rule-making authority
Intercollegiate Football Association - Answer 1876
- first governing association
- formed by students
Young Men's Christian Association(YMCA) - Answer •Most prominent non-school (private)
agency to promote youth athletics
Knight Commission - Answer A commission created in 1989 by the Trustees of the Knight
Foundation, composed of university presidents, CEOs and presidents of corporations, and a
congressional representative, to propose a reform agenda for intercollegiate athletics.
List at least 5 tasks commonly performed by a sports agent and state five reasons for the growth
of the sports agent business. - Answer Tasks performed by a sports agent:
1. Marketing the client
2. Financial planning
3. Career and post-career planning
4.Dispute resolution
5. Legal counseling
Personal care
5 reasons for the growth of the business:
1.Evolution of players ‘associations
2. Reserve system
3.Need for tax and financial planning with increased salaries
4.Development of competing leagues created competition for players and thus higher salaries
5.Increased opportunity for athletes to increase income through endorsements with expansion
of television and entertainment industries
Commissioners have lost some of their power over time. List the six areas that the
commissioner continues to retain discretionary power. - Answer 1. Approval of player
contracts
2. Resolution of disputes between players and clubs
3. Resolution of disputes between clubs
4. Resolution of disputes between player or club and the league
5. Disciplinary matters involving owners, clubs, players, and other personnel
6. Rule-making authority
Intercollegiate Football Association - Answer 1876
- first governing association
- formed by students
Young Men's Christian Association(YMCA) - Answer •Most prominent non-school (private)
agency to promote youth athletics
Knight Commission - Answer A commission created in 1989 by the Trustees of the Knight
Foundation, composed of university presidents, CEOs and presidents of corporations, and a
congressional representative, to propose a reform agenda for intercollegiate athletics.
