Sports lit Exam with Accurate Solutions
Agent - correct answer-a person who acts or does business for another
amateur - correct answer-an athlete who does not receive financial compensation for
playing a sport. Zero. Amateur is for high school, positives of being an amateur.
BCS - correct answer-a computer system to determine the 4 teams who play in the
college football playoff
Booster - correct answer-a person who supports an athletic program usually money
often personal time
Collective Bargaining Agreement - correct answer-an agreement between the players
union and the owners of the professional teams on the issue like pay, insurance, drug
testing (rec and PEDS), usually five years in length.
Positive of being ina union - correct answer-Gives us a bigger voice, they pay for a
lawyer, consistent pay/benefits, protection
Negatives of being in a union - correct answer-cost does not equal what you value, no
flexibility with money
Contract - correct answer-a legal agreement between the owner of a team and a player
for financial compensation
contract holout - correct answer-an athlete under legal contract who refuses to play
draft - correct answer-order in which you draft new players
early entry for the draft - correct answer-an athlete who turns pro before completing
college
how old do you have to be to be able to play in the NBA - correct answer-19, but 18 if
your really good
hwo old to you have to be to play in the MLB - correct answer-16 with a GED
Endorsment - correct answer-money an athlete receives from sponsoring a product.
VERY FEW IF ANY ATHLETES GET THESE
, Fan cost index - correct answer-how much it cost a family of four to attend a sporting
event. This includes tickets, food, beer, soda, pop, cake, parking and merchandise.
Highest FCI is in hockey
Fair market value FMV - correct answer-what an athlete is worth compared to players of
a similar position
Freshman Rule - correct answer-this is the rule for football players to turn pro. There are
two parts
must be 21
3 year removed from high school
guaranteed contract - correct answer-they receive the money from the contract no
matter what
Incentives - correct answer-money received outside of the contract for doing something
special like losing weight or hitting so many home runs.
illegal money - correct answer-any money that is given to an amateur is not allowed.
Only professionals can receive benefits and pay from their sport.
lottery - correct answer-professional teams are picked from at random to choose there
potential players and draft picks.
NBDL - correct answer-
point shaving - correct answer-an illegal practice where players intentionally win a
game, but by fewer points than the point spread; led to 2 major college scandals
(involved 32 of the biggest stars in the 1950s, then 22 colleges in 1961).
proposition 48 - correct answer-created in 1986 to respond to allegations of special
treatment during admissions process.
Football players who are not academically eligible for their school the standards will be
lowered for them to attend.
restricted free agent - correct answer-a player can sign with a new team but the team he
currently plays for will have the right to match the new contract or receive some form of
compensation such as draft picks or money
revenue sharing - correct answer-schools and teams share money
MLB is horrible at this
Salary cap - correct answer-a maximum amount that a team can spend on players'
salaries
good players usually get the most amount of money and make their other teammates
not to happy.
Agent - correct answer-a person who acts or does business for another
amateur - correct answer-an athlete who does not receive financial compensation for
playing a sport. Zero. Amateur is for high school, positives of being an amateur.
BCS - correct answer-a computer system to determine the 4 teams who play in the
college football playoff
Booster - correct answer-a person who supports an athletic program usually money
often personal time
Collective Bargaining Agreement - correct answer-an agreement between the players
union and the owners of the professional teams on the issue like pay, insurance, drug
testing (rec and PEDS), usually five years in length.
Positive of being ina union - correct answer-Gives us a bigger voice, they pay for a
lawyer, consistent pay/benefits, protection
Negatives of being in a union - correct answer-cost does not equal what you value, no
flexibility with money
Contract - correct answer-a legal agreement between the owner of a team and a player
for financial compensation
contract holout - correct answer-an athlete under legal contract who refuses to play
draft - correct answer-order in which you draft new players
early entry for the draft - correct answer-an athlete who turns pro before completing
college
how old do you have to be to be able to play in the NBA - correct answer-19, but 18 if
your really good
hwo old to you have to be to play in the MLB - correct answer-16 with a GED
Endorsment - correct answer-money an athlete receives from sponsoring a product.
VERY FEW IF ANY ATHLETES GET THESE
, Fan cost index - correct answer-how much it cost a family of four to attend a sporting
event. This includes tickets, food, beer, soda, pop, cake, parking and merchandise.
Highest FCI is in hockey
Fair market value FMV - correct answer-what an athlete is worth compared to players of
a similar position
Freshman Rule - correct answer-this is the rule for football players to turn pro. There are
two parts
must be 21
3 year removed from high school
guaranteed contract - correct answer-they receive the money from the contract no
matter what
Incentives - correct answer-money received outside of the contract for doing something
special like losing weight or hitting so many home runs.
illegal money - correct answer-any money that is given to an amateur is not allowed.
Only professionals can receive benefits and pay from their sport.
lottery - correct answer-professional teams are picked from at random to choose there
potential players and draft picks.
NBDL - correct answer-
point shaving - correct answer-an illegal practice where players intentionally win a
game, but by fewer points than the point spread; led to 2 major college scandals
(involved 32 of the biggest stars in the 1950s, then 22 colleges in 1961).
proposition 48 - correct answer-created in 1986 to respond to allegations of special
treatment during admissions process.
Football players who are not academically eligible for their school the standards will be
lowered for them to attend.
restricted free agent - correct answer-a player can sign with a new team but the team he
currently plays for will have the right to match the new contract or receive some form of
compensation such as draft picks or money
revenue sharing - correct answer-schools and teams share money
MLB is horrible at this
Salary cap - correct answer-a maximum amount that a team can spend on players'
salaries
good players usually get the most amount of money and make their other teammates
not to happy.
