1/31
Looks like no tags are added yet.
Name | Mastery | Learn | Test | Matching | Spaced | Call with Kai |
|---|
No analytics yet
Send a link to your students to track their progress
How has media impacted sports?
Turned sports into global entertainment and increased revenue
Name one benefit of media for leagues
More revenue, wider audience, increased sponsorships
Name one modern sports streaming platform
YouTube, Twitch, SiriusXM, DirecTV
Which company partnered with the NFL for Sunday Ticket?
What are the main revenue sources for teams?
Media, ticket sales, sponsorships, merchandise
What are gate receipts?
Ticket sales, suites, premium seating
Which league relies most on gate revenue?
NHL
What is licensing revenue?
Money from selling team logos and merchandise
What is sponsorship?
Brands paying to associate with teams/events
Name one challenge facing professional sports
Labor disputes, technology changes, globalization
What must sports balance moving forward?
Tradition and innovation
What is the biggest idea to remember?
Professional sports = business + entertainment + competition
Players in the NFL refuse to play until they receive higher salaries and better health benefits. Owners argue they cannot afford the increase. What concept is this demonstrating?
Labor-management conflict and collective bargaining
A group of players forms a union to negotiate contracts together instead of individually. Why are they doing this?
To increase bargaining power through collective bargaining
A new baseball league tries to compete with Major League Baseball, but struggles because MLB controls where teams can be located. What explains MLB’s power here?
Its antitrust exemption
A football league is sued for unfairly limiting competition between teams. What law is being used in this case?
The Sherman Antitrust Act
Two teams are rivals but agree to share revenue so smaller-market teams can survive. What concept does this show?
Interdependence and league think
A league steps in to fine a player for breaking rules during a game. Which group is taking action?
Governance (the league)
A star player finishes their contract and signs with a different team offering more money. What is this called?
Free agency
A team cannot sign another player because they already reached the maximum payroll allowed. What rule is affecting them?
Salary cap
The worst team in the league gets first choice of a new college player. What system is this?
The player draft
A fan in another country watches live games online through YouTube instead of cable TV. What trend does this represent?
Streaming and global media expansion
A league signs a billion-dollar deal with Google to stream games. What role is media playing here?
Generating major revenue and expanding reach
A team makes most of its money from ticket sales, luxury boxes, and stadium seating. What type of revenue is this?
Gate receipts
Fans buy jerseys with team logos, and the league earns money from each sale. What revenue source is this?
Licensing and merchandising
A company pays millions to have its name on a stadium. What is this an example of?
Sponsorship (naming rights)
A league struggles to keep younger fans interested because they prefer watching highlights on social media. What challenge is this?
Adapting to new technology and media trends
Players and owners cannot agree on a new contract, causing games to be canceled. What issue is this?
Labor-management conflict
A league shares revenue equally among teams, even though some teams earn more than others. Why would they do this?
To maintain competitive balance and league stability
A league limits how many teams can exist and where they are located. What is the goal of this control?
To protect market power and profitability
A team signs a huge local TV deal, while another league keeps all media deals centralized. What does this show about leagues?
Different revenue structures and media strategies