Sports Management Final Exam with all Correct & 100%
Verified Answers |Actual Complete Update |Already
Graded A+
"League think" is the concept ✔Correct 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.
A collective bargaining agreement covers ✔Correct Answer-wages, hours, terms & conditions
of employment (all correct)
Although the NFL bans public ownership, it has made an exception for what team? ✔Correct
Answer-The Green Bay Packers
As a general rule, league revenues include which of the following? ✔Correct Answer-NONE -
not local broadcasting revenues, not stadium sponsorships and not preferred seat sales
In 1876, North America's first professional league, the National League, was organized.
✔Correct Answer-true
Leagues derive the bulk of their revenues from gate receipts. ✔Correct Answer-false
Many individuals in the management of professional sports leagues are not fans of salary caps
because they ✔Correct Answer-routinely force teams to cut veteran players earning higher
salaries to get under the ceiling of the cap, routinely provide teams with spending floors so low-
revenue teams are prevented from cutting salaries in order to stay competitive, often have so
many exceptions that they have inevitably created a number of loopholes for those agents and
general managers who are creative negotiators and thus, the cap is not creating the parity it
was intended to create. (all correct)
Professional leagues have organized themselves in a manner consistent with a corporate
governance model. ✔Correct Answer-false
The NBA has the broadest representation of foreign players on its rosters. In the 2009-2010
season, for example, the textbook notes that opening night rosters included ______ players
from _____ different countries and territories. ✔Correct Answer-83, 36
The PGA operates as two divisions: one that governs the club professionals who serve amateur
players and another, known today as the PGA Tour, that governs the tour professionals, and
schedules events such as the PGA Championship Tour, PGA Tour Canada, and the Web.com Tour.
✔Correct Answer-true
, 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. ✔Correct Answer-true
The privileges granted to owners that come with team ownership are called ______.
✔Correct Answer-franchise rights
The single-entity structure is a term used to describe a manner in which a team may organize
itself in order to maintain fiscal control. ✔Correct Answer-false
The term used to describe a team's ability to relocate is franchise decertification. ✔Correct
Answer-false
The WNBA league and teams are primarily female-operated organizations. ✔Correct Answer-
true
What is the current going rate for a franchise in the NFL? ✔Correct Answer-$600-800 million
What is the only sports league to ban corporate ownership? ✔Correct Answer-NFL
What league first created the position of commissioner to govern the best interests of the
sport? ✔Correct Answer-Major League Baseball
What league recently operated for a number of years without a permanent commissioner?
✔Correct Answer-Major League Baseball
Which of the following is not a revenue that is shared under league revenue-sharing systems?
✔Correct Answer-Luxury seating revenue
According to Reed (2014), 70% of the capital cost of NFL stadiums is being provided by
taxpayers. ✔Correct Answer-true
All of the following are major advantages to private management of public assembly facilities
except ✔Correct Answer-(all but better sport team performance) easier event booking,
operational efficiencies, labor negotiation resources
All of the following are reasons for a municipality to subsidize stadium/arena construction
except ✔Correct Answer-(all but economic benefits) civic pride and community spirit, public
relations boost of being "major league city", improved quality of life in the city
All of the following were publicly financed stadiums efficiently built with the intention of
housing both a football team and a baseball team except ✔Correct Answer-(all but
Meadowlands (Northern New Jersey)) Veterans Stadium (Philadelphia), Three Rivers Stadium
(Pittsburgh), Riverfront Stadium (Cincinnati)
Verified Answers |Actual Complete Update |Already
Graded A+
"League think" is the concept ✔Correct 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.
A collective bargaining agreement covers ✔Correct Answer-wages, hours, terms & conditions
of employment (all correct)
Although the NFL bans public ownership, it has made an exception for what team? ✔Correct
Answer-The Green Bay Packers
As a general rule, league revenues include which of the following? ✔Correct Answer-NONE -
not local broadcasting revenues, not stadium sponsorships and not preferred seat sales
In 1876, North America's first professional league, the National League, was organized.
✔Correct Answer-true
Leagues derive the bulk of their revenues from gate receipts. ✔Correct Answer-false
Many individuals in the management of professional sports leagues are not fans of salary caps
because they ✔Correct Answer-routinely force teams to cut veteran players earning higher
salaries to get under the ceiling of the cap, routinely provide teams with spending floors so low-
revenue teams are prevented from cutting salaries in order to stay competitive, often have so
many exceptions that they have inevitably created a number of loopholes for those agents and
general managers who are creative negotiators and thus, the cap is not creating the parity it
was intended to create. (all correct)
Professional leagues have organized themselves in a manner consistent with a corporate
governance model. ✔Correct Answer-false
The NBA has the broadest representation of foreign players on its rosters. In the 2009-2010
season, for example, the textbook notes that opening night rosters included ______ players
from _____ different countries and territories. ✔Correct Answer-83, 36
The PGA operates as two divisions: one that governs the club professionals who serve amateur
players and another, known today as the PGA Tour, that governs the tour professionals, and
schedules events such as the PGA Championship Tour, PGA Tour Canada, and the Web.com Tour.
✔Correct Answer-true
, 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. ✔Correct Answer-true
The privileges granted to owners that come with team ownership are called ______.
✔Correct Answer-franchise rights
The single-entity structure is a term used to describe a manner in which a team may organize
itself in order to maintain fiscal control. ✔Correct Answer-false
The term used to describe a team's ability to relocate is franchise decertification. ✔Correct
Answer-false
The WNBA league and teams are primarily female-operated organizations. ✔Correct Answer-
true
What is the current going rate for a franchise in the NFL? ✔Correct Answer-$600-800 million
What is the only sports league to ban corporate ownership? ✔Correct Answer-NFL
What league first created the position of commissioner to govern the best interests of the
sport? ✔Correct Answer-Major League Baseball
What league recently operated for a number of years without a permanent commissioner?
✔Correct Answer-Major League Baseball
Which of the following is not a revenue that is shared under league revenue-sharing systems?
✔Correct Answer-Luxury seating revenue
According to Reed (2014), 70% of the capital cost of NFL stadiums is being provided by
taxpayers. ✔Correct Answer-true
All of the following are major advantages to private management of public assembly facilities
except ✔Correct Answer-(all but better sport team performance) easier event booking,
operational efficiencies, labor negotiation resources
All of the following are reasons for a municipality to subsidize stadium/arena construction
except ✔Correct Answer-(all but economic benefits) civic pride and community spirit, public
relations boost of being "major league city", improved quality of life in the city
All of the following were publicly financed stadiums efficiently built with the intention of
housing both a football team and a baseball team except ✔Correct Answer-(all but
Meadowlands (Northern New Jersey)) Veterans Stadium (Philadelphia), Three Rivers Stadium
(Pittsburgh), Riverfront Stadium (Cincinnati)
