HSM 404 FInal

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40 Terms

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post season gate receipts

MLB players playing October ball earn money from a revenue pool from this source

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Central revenues

Excluding local media deals the MLB league office controls these national revenue streams

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Large market teams

Unlike franchises like the KC Royals these teams are DQ'ed from MLB revenue sharing due to their high market share score

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Stubhub

Bam evolved from one company to five tech programs including MLB TV, Pitch FX, and Statcast but not this ticket marketplace

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NY Yankees

From 2003-21 this MLB team has paid the highest amount of luxury taxes accounting for a significant portion of the total collected

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Original 6

Canadiens, Maple Leafs, Blackhawks, Bruins. Red Wings, Rangers make up this

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Hard Salary Cap

NHL operates under this type of salary cap with range limits of 85 -115%

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Vegas Golden Knights

This NHL franchise entry in 2017 dramatically increased franchise valuations across the league

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Lower Revenue Teams

The NHL has designated an industry growth fund designed to provide financial support to these types of franchises

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Seattle Kraken

To become the NHL's newest franchise, owners of this team had to pay a $650 million expansion fee

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Major League Soccer

This league initially operated as a single entity structure before switching to a modified franchise model

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League Think

NFL commissioner Pete Rozelle developed this concept to unify team owners and grow the league

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Signing bonus

The Sanders Provision provides a loophole in the NFL salary cap by prorating these over the length of player contracts

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LA Dodgers

This iconic franchise nearly experienced financial disaster in 2011

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Escrow Tax

This NBA cost control requires players give up 10 percent of their salary if player salaries are totaled more than 55% of the league revenues.

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Association Football (Soccer)

This sport most commonly operates in open leagues with promotion and relegation system

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Co-operative and community benefit society (CCBS)

In the UK individuals can purchase shares in this type of soccer club that utilizes community based grassroots approach

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Parachute Payments

These payments help soccer clubs avoid financial issues when they are demoted form a top flight league

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Japan

This country’s professional sports leagues sees franchises typically owned by corporations rather than individuals

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Exchange Rate

This economic factor plays an important role for franchises in the NHL

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Ticket sales

Along with athletic differences and lower fan interest this is the reason justifying paying women soccer players less

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NWSL

Other than the WNBA this north American women's league this is considered to be the firmest financial footing

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National Pro Fastpitch

This professional softball league allows potential team owners to franchise their teams opposed to owning them

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FIFA women's world cup team

US women's soccer players typically earn their highest salaries as a member of this

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Alex Morgan

In 2020 Nike offered the first ever maternity clause to this US soccer star

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full uniform sponsorships

This revenue stream has not been fully taken advantage of by NBA owners but have made strides on jerseys

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Maternity Leave

New benefit previously unseen in US professional sport was included in the new WNBA CBA

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Luxury tax

Repeat offenders of this player spending control will be assessed additional penalties if they exceed this annual threshold.

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American Basketball association

NBA star John H’s salary increased exponentially after the 1969 season due to this competitor league

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Oscar Robertson rule

Named after famous player, NBA players were allowed to openly solicit offers from other teams when their contracts expired leading to higher salaries

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Covid-19

This unexpected event completely upended financial forecasting

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Verizon

Along with AB INBEV this company is one of the largest sources of sponsorship for the NFL

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Roger Goodell

His goal for the NFL is to reach 27 billion in revenue by 2027

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Green Bay Packers

This NFL team is the only publicly owned corporation rather than privately owned

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Dallas Cowboys

Despite their near 30 year title drought they are still the most valuable franchise in the NFL

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Jock tax

If you are a professional athlete you may need to pay these income taxes

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Individual team ticket prices

The NBA and its owners controls various league functions such as competitive rules and salary limitations but not this type of vital feature

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Contested draft

This type of draft system would see teams submit a bid on a player and enter into a lottery for the rights of the player

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NHL

This league’s aggressive growth strat saw new franchises in the US sunbelt

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Socios

In Spain these investors provide financial backing to football clubs but are not owners