HSM 404 Exam 2

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29 Terms

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MAJOR donors

These Donors provide opportunities they did not have, believe in someone in athletic dept, and have resources to make a significant contribution.

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Institutional Support

Group of 5 this is the single largest source of revenue.

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Big Ten

Within power 5 this conference consistently earns the repost revenue according to the knight commission.

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90/10 rule

According to this principle 90% of fundraising comes from 10 percent of donors in athletic dept fundraising.

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Endowment

This type of gift is given in perpetuity where only a portion is used to fund a specific purpose and the rest is invested.

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Television and marketing rights fees

Represents the primary source of NCAA revenues.

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Distribution to DI members

Represents NCAA's main expense.

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Football

NCAA vs Board case effected television revenue generated from this sport.

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March madness

Event generates more revenue annually than the college football playoff.

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Conference football championship

Group of 5 conf increase revenue depends on increased performance in men's bball tournaments and having this type of football competition.

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Scholarships

Few d1 programs meet title 9 substantial proportionality test because this is four times greater for football than any women's sport.

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Direct institutional support or STUDENT FEES

D2 and D3 schools primarily receive 50 percent of their dept revenues from what sources.

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Coaches salaries

From 2009 to 2018 this expense category grew faster than athlete scholarships and cost of attendance in FBS athletics.

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Arms race

This phenomenon involves escalated spending on facilities, coaching salaries etc.

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Title IX

Athletic depts must comply with this federal law that prohibits sex based discrimination in education programs receiving federal funding.

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General obligation bond

Historically this is the most common bond method used for facility financing.

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Efficiency principle

This economic principle focuses on maximizing overall benefits while minimizing costs, often used to justify public subsidies for sports stadiums.

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Asset backed securities

In this financing method a sports team may package together guaranteed or expected revenue streams and sell bonds based on these assets.

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Equity principle

This principle suggests that those that benefit from a stadium should bear a proportionate share of its costs.

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Contractually obligated income

When a team signed a multiyear contract to receive money these revenue sources can be used as collateral to get loans.

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NFL

American sport league that drives the media rights for all other sports properties.

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Nielsen

Company is considered the industry standard for measuring ad rates and ratings of sport events.

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Market Share

Represents the percent of television households with sets in use that are tuned into a program.

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Cord cutting

This trend of viewers dropping cable or satellite and relying on streaming services.

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Olympic Partners (Top) sponsorships

Along w broadcast revenue this revenue stream generates the highest income at each Olympic games.

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What is the world anti doping agency WADA

This IOC supported agency helps to make an anti-doping ecosystem where safety and level playing field are possible.

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National governing bodies (NGO)

These orgs are responsible for organizing and selecting teams to send to the Olympics in their respective sport.

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1976 Montreal Olympics

Total costs expanding to 2.8 mil and taking 30 years to pay off debt, these Olympics games are considered a disaster.

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2012 London Games

Through 2016 this Olympics drove the highest percentage of ticket sales.