Sport Leagues
This league model sets limits on franchise movement
Self-Governance
The privileges afforded to owners that are granted with ownership
Franchise rights
Where does the money for the purse/winnings come from.
Television revenues and sponsorships
Governing body of men’s professional tennis
ATP (Association of Professional Tennis)
Team owners act as board of directors in this league model
Corporate governance model
Gives team a portion of various league-wide revenues
Revenue sharing
How do you get a PGA tour card.
Korn Ferry Tour:
30 tour cards awarded to the top finishers of the tour that year
Three win promotion - win 3 tournaments on the Korn Ferry Tour and receive a PGA tour card
PGA Tour Q-School:
Top 5 finishers are awarded a PGA tour card for the following season
Governing body of women’s professional tennis
WTA (Women's Tennis Association)
Team owners are also shareholders in this league model
Single-Entity
Ownership by a corporation
Corporate Ownership
Governing body of world tennis
ITF (International Tennis Federation)
Main roles of a league commissioner.
Approval of player contracts
Resolution of disputes between players and clubs/teams
Resolution of disputes between clubs/teams
Disciplinary matters involving owners, clubs/teams, players, other personnel
Rule-making authority
Ownership of more than one sport franchise
Cross-Ownership
What are the 4 Grand Slams.
Australian Open
French Open
Wimbeldon
U.S. Open
Limit a competitor franchise from moving into another team’s territory without league permission
Territorial Rights
Owners receive the right to serve on various committees
Ownership committees
How does a player qualify for a Grand Slam tournament.
104 direct entrants (the highest-ranked players)
8 wildcards (chosen by the tournament organizers)
16 qualifiers (players who win the pre-event qualifying competition)