Finance & Econ 1
Profit = What? - What?
Revenue - Expenses
Assets = What? + What?
Liabilities + Equity
Which two sports generate the most revenue in college sports?
Football & Men's Basketball
Which sports team was sold and broke the record for the highest amount paid for a professional team?
LA Lakers
What two teams are playing for the CONCACAF Gold Cup?
USA vs. Mexico
What is the primary source of revenue for NFL and College Sports?
TV/Media Rights
What financial document do you find ownership's share of the team?
Balance sheet
Which college athlete currently has the highest NIL valuation?
Arch Manning
On average, UFC fighters make how much per fight?
$18,000
The WNBA is expanding to these three cities
Detroit, Cleveland, Philadelphia
Expense
Player contracts are listed as what category on the balance sheet?
Assets
Which university's athletic department had the highest revenue last year?
Ohio State
LIV Golf is primarily owned by what country's investment fund?
Saudi Arabia
Which school is the newest addition to the Pac-12 conference?
What economic term describes when money is not spent in the locale where it is earned?
Leakage
Other than the sport the team participates in, what is the largest factor when determining valuation of a team?
Market/City Size
How much will Northwestern's new football stadium cost to build?
850 million
What team is Ronaldo currently signed to?
Al-Nassr
What college does Sam attend?
Washington & Lee University
What economic term describes the occurrence when a stadium no longer makes money, but is still in operation?
Economic Obsolescence
If Sam spent his summer salary at the Chicago Art Museum instead of at a Cubs game, this is an example of what economic occurrence?
Consumer substitution
In the Enhanced Games, what athletic event's record was broken and how much money did the athlete win for breaking it?
50m-freestyle - $1,000,000
What was the original name of Northwestern's football stadium?