NFL 1
Salary cap and penalties if neglected?
Hard cap- financial and drafting penalties
NFL vs AFL: Radical or Traditional?
NFL- Traditional
AFL- Radical
Salary cap?
Soft cap- allows teams to keep star players
True or False? Big money teams w TV deals can avoid counting much of revenues
True
Best what?
Sponsor awareness and support in North American sports
Who is the father of football?
Walter Camp
What team has a tradition of riding fans bikes from practice room to locker room on game days?
Green Bay Packers
What is the most dangerous part of any entrepreneurship?
Getting started
Salary cap?
NONE
When should you always check the NASCAR schedule, and why?
While traveling, possible that there could be one in town and every hotel within miles could be full.
What was the early strategy that backfired and resulted in the Hall of Fame unfortunate location?
New teams in small towns. (HoF and NFL founded in Canton, OH)
What method keeps things competitive across the board ensures smaller teams don't get left behind?
Revenue sharing (more equity = balance)
What team has huge financial advantage due to local TV deal?
LA Lakers
What gave owners right to renew contract for one year forever?
Reserve clause
How did safety changes affect the fans and engagements?
The original (gearheads) fans got bored of the safety as they appreciated the danger and uniqueness of the sport.
How are signing bonuses affected by salary cap?
Spread over the length of the contract (up to 5 yrs)
How does NFL use the community and Super Bowl to their advantage?
Gets community to agree to taxes to help build the stadium (Ensures 5 yr timeline to host Super Bowl)
What two leagues merged to become the NBA?
Basketball Association of America and National Basketball League
Red Sox and Liverpool
Privately owned by who? Rare?
The France family (3rd generation)
Who is the commissioner that got the owners of the NFL/AFL to agree that the best way to move forward was collectively?
Pete Rozelle
What was the most watched TV program in US history?
Super Bowl (Feb. 2015) New England vs Seahawks- 114M viewers
What is the Larry Bird exemption?
Teams can exceed salary cap to re-sign their own free agents, up to player max. salary
(Player must have played 3yrs for same team)
What team intentionally lost the World Series (to supplement salaries)? Result
Black Sox- Players banned and integrity restored
What safety changes were implemented after the 2001 Daytona 500 crash?
Softer barriers, driver gear, driver position, and car design