Chapter 9

Because professional sport teams need to compete and cooperate simultaneously, it is very important for them to have independence.

False

The National Football League (NFL) does not have a salary cap.

False

Which of the following professional sport leagues was the first to implement a salary cap for its 1985-86 season?

NBA

Dealing with globalization is a future challenge for sport managers working in professional sport.

True

Revenue disparities led Major League Baseball (MLB) to implement a luxury tax.

True

Which of the following requires that teams recognize the importance of their competition and share revenues to ensure that their competitors remain strong?

league think

What does the antitrust exemption give professional baseball team owners that owners of other professional teams don't have?

leverage over the cities in which they operate

In professional sports, what system is used to distribute new talent among all league members?

player draft

Which of the following is not provided by the National Labor Relations Act?

the right to exemption from drug testing and disciplinary procedures

Which of the following is not a primary source of revenue for professional sports teams?

ticket scalping