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The North American Sports Model Flashcards | StudBud
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The North American Sports Model
The North American Sports Model
90 terms
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Practice quiz
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Questions
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Answers
1
Which division does not allow athletic scholarships
NCAA Division 3
NCAA Division 2
NJCAA Division 1
NAIA Division 1
2
Who is the best team in all college sports ...... this is bias and only an opinion of Travis
University of Georgia
University of Kentucky
University of Oklahoma
Univeristy of Alabama
3
What % of college athletes end up playing professionally?
2%
1%
10%
20%
4
In sports betting, a negative (-) sign represents what
Underdog
Favorite
bad bet
losing money
5
In 2024, what player has the highest paid contract?
Austin Matthews
Shohei Ohtani
Steph Curry
Patrick Mahomes
6
What is NOT a reason for competitive balance in leagues
Every team wins a championship
Restrict Entry
Revenue Generation
Survival
7
According to historians, what event was first created for the main purpose of sports betting?
Horse Racing
Super Bowl
World Cup
Olympics
8
In the MLS, the Designated Player Rule is nicknamed the _________ rule
Wayne Rooney
David Beckham
Thierry Henry
Zlatan Ibrahimovic
9
What teams played in the NFL game in Germany
Kansas City Chiefs vs Miami Dolphins
Green Bay Packers vs New York Giants
Arizona Cardinals vs LA Rams
Carolina Panthers vs New York Giants
10
Which division is known to be the most balanced between school and sports
NCAA Division 2
NCAA Division 3
NJCAA Division 1
NCAA Division 1
11
Who won the College Football Championship this year
Michigan
Ohio State
Georgia
Alabama
12
The NBA Play-Offs are a best of how many games? Best of _______
7
1
3
5
13
What school is most known for getting the DEATH PENATLY
SMU - Southern Methodist University
USC - University of SOuthern California
University of Kentucky
Baylor University
14
Which league is a 'Single Entity'
NFL
MLS
NHL
NBA
15
What two schools went to court to help gain independent broadcasting rights for all schools and teams
Texas and Alabama
Alabama and Georgia
Oklahoma and Texas
Oklahoma and Georgia
16
What factor does NOT effect ticket price
Winning form of team
Quality of game
Types of beer they sell
Scarcity of ticket
17
Which is NOT a head count sport?
Men's Basketball
Football
Women's Basketball
Soccer
18
What does a salary cap do
Limit the amount of players a team can have
Limit the amount of wins a team can have
Limit amount of money a team can spend on salaries
Limit the amount a team can spend on a stadium
19
Did you enjoy this class? (say YES)
YES
No
no
noooo
20
What factor does NOT effect fan DEMAND for a ticket
Income of the fans
Expectation of the game
Traffic to the stadium
Price of other goods
21
What fine does a team receive if they go over a SOFT salary cap
Extra Tax
Luxury Tax
Comfort Tax
Leisure Tax
22
This team lost to Northern Illinois and then PAID THEM $1.4 million
Oklahoma
Notre Dame
Kentucky
Clemson
23
Which is NOT a form of league structure
Elimination Tournament
"Combination" Tournament
Round Robin Tournament
Multiplier Tournament
24
What is the OPPOSITE of a salary cap
Salary Bottom
Salary Shoes
Salary Floor
Minimum Wage
25
In the MLS, what is the Designated Player Rule
A player does not count toward the team salary cap
A team has no salary cap
A player earns more than all other players
A player is not paid any money
26
Which is NOT an expense for a league/team
Facility Financing
Labor Costs
Sponsorship
Marketing
27
In 2024, which US league DID NOT reach $1 Billion in sponsorship revenue
NFL
NHL
NBA
MLB
28
A BALANCED league means what...
All teams play eachother an equal amount of times
All teams have an equal chance of winning
All teams are equally as good
All teams get a draft pick
29
Who did Luka Dončić get traded to yesterday??
Boston Celtics
Philadelphia 76ers
LA Lakers
Chicago Bulls
30
How many Canadian NFL teams are there
3
1
0
2
31
Which is NOT a type of betting odd
American
Fractional
Partial
Decimal
32
Who is that 1 Canadian NBA team
Vancouver Grizzlies
Toronto Raptors
Ottawa Senators
Milwaukee Bucks
33
who is Travis' favorite NFL player
Tom Brady
Baker Mayfield
Patrick Mahomes
LeBron James
34
Who is the Super Bowl Matchup this Sunday?
Eagles vs Chiefs
49ers vs Ravens
Lions vs Cowboys
Chiefs vs 49ers
35
The University of Oklahoma and University of Texas moved from the BIG 12 Conference to which other conference
PAC 12
MAC
SEC
ACC
36
Where is this year's Super Bowl being played?
Oklahoma City
Las Vegas
New Orleans
New York City
37
In American odds, if the line is +140, how much do you need to wager to win $140
$14
$140
$100
$10
38
Click the YELLOW CIRCLE
Green Square
Red Triangle
Blue Diamond
Yellow Circle
39
Which of the following is NOT included in Total Revenue
Media Rights
Sponsorship
Player Salaries
Gate Ticket Sales
40
As of 2024, which league does NOT have sponsors on the jerseys
MLS
NFL
NBA
NHL
41
When a new team joins a league (not often) what is that draft process called
Entry Draft
Expansion Draft
Future Prospect Draft
New Team Draft
42
When the USFL sued the NFL, how much did they win?
$10,000
$1,000,000,000
$1
$1,000,000
43
What are the two types of FREE AGENCY
Open , Closed
Restricted , Unrestricted
High , Low
Hard , Soft
44
From 2012-2024 which league had the highest AVERAGE PLAYER salary
NHL
NFL
MLB
NBA
45
What does NIL stand for
Notice Important Laws
Name Insert Laws
Name Image Likeness
Native Images Likliness
46
What is the Hypothesis that states - "Fans prefer close competitions"
Uncertainty of Outcome
Undetermined Result
Unknown Final
Competitive balance
47
Which league tried to take over the NFL and then sued them and failed horribly
USFL
MLB
AFL
XFL
48
Per the last question, what two teams competed in the first organized Regatta event
Harvard vs Yale
Oklahoma vs Georgia
Brown vs MIT
Princeton vs Stanford
49
Where was the first and main place sports gambling was legal in the US
New Jersey
Texas
California
Nevada
50
Which major league in the US has Promotion/Relegation
MLS
NHL
ALL LEAGUES
NO LEAGUE
51
How many degrees of Price Discrimination are there
2
1
3
4
52
What % of high school athletes are provided with an athletic scholarship to play in college?
20%
2%
1%
10%
53
What is NOT a Competitive Blance remedy (how to make it work better)
Unlimited Money
Reverse Order Draft
Revenue Sharing
Salary Cap
54
When was Major League Baseball founded
1901
1887
1910
1946
55
A(n) ______ is when a player is sponsored by a company
Sponsorship
Recommendation
Endorsement
Deal
56
Which is NOT a 'Big 4' League in the US
MLB
UFC
NBA
NFL
57
What is a FULL RIDE scholarship?
The player is promised a starting position
Tuition is paid for
Everything is paid for - Tuition, Books, Food, etc.
The player gets free transportation
58
Who was the player that made "The Decision" during free agency
Kobe Bryant
Michael Jordan
Kevin Durant
LeBron James
59
What was the first organized college sport
Baseball
Football
Regatta (Rowing)
Basketball
60
Who were the star players on those teams? Picture below
Magic Johnson and Larry Bird
Magic Bird and Larry Johnson
Kobe Bryant and Larry Bird
Magic Johnson and Michael Jordan
61
If the line is -7.5, how much does the favorite need to win by to COVER THE SPREAD
Just win, points do not matter
8 or more
7 or more
The bettor can not win
62
If we bet the OVER (230.5), do we win this bet?.... Lakers 125 - 115 Celtics
No
Yes
???????????
I have no idea
63
What are the two main types of Revenue Sharing
TV revenue, Concessions
Ticket sales, TV Broadcasting
Food sales, Jersey sales
Car Parking expenses, Taxes
64
If the spread is -10.5, how much does the favorite need to win by for the bettor to win a MONEYLINE bet
11 or more
The bettor can not win
Just win, points do not matter
10 or more
65
Sponsorship and Advertising are the exact same thing
False
True
66
In American odds, if the line is -150, how much do you need to wager to win $100
$100
$15
$10
$150
67
What company sponsored that Harvard vs Yale Regatta
Elkins Railroad Line
Thompson Ironworks
Franklins Mail
Wrigley Gum
68
How many games do MLB teams play in 1 season?
236
162
100
58
69
The best team gets the first pick in the draft
True
False
70
A business expense that is NOT dependent on the level of goods or services produced is a _________ expense
fixed
variable
bad
good
71
Which is NOT a division of college sports
NCAA
NJCAA
NCCO
NAIA
72
Which is NOT one of the three barriers of entry for a Monopoly
Cost of production better for one producer
Ownership of key resources
Government gives exclusive right (patent or copyright)
Government mandate you to buy a certain product
73
What is a 'Bye Week' in the NFL
The team lost the week before
The entire league does not play
The team plays an away game
The teams does not play that week
74
The two important Antitrust acts were the Sherman act and the Clayton Act
True
False
75
How many Canadian teams are in the NBA - National Basketball Association
4
2
3
1
76
Who was the owner of the New Jersey Generals that led the USFL to sue the NFL
Ronald Reagan
Dwayne "The Rock" Johnson
Donald Trump
Obama
77
In a parlay bet, all bets must win for the bettor to win money
True
False
78
What form of Governance are most leagues in the US
Strategic Alliance
Joint Venture
Multi-Level Associations
Contractual Cooperation
79
Where were the international NFL games played this year
England, Canada, Germany
England, Mexico, Germany
Germany
England, Germany, Brazil
80
Most leagues in the US are CLOSED leagues
True
False
81
What was the first "big" game we talked about in College Basketball
Indiana State vs Michigan State
Indiana vs Michigan
Iowa State vs Ohio State
Iowa vs Ohio
82
What is NOT a determinant of a player's salary
Position
Skill level
Where they were born
Injury History
83
What is a HEAD COUNT sport - in regard to scholarships?
Any player with a scholarship gets a full ride
Every player on the team gets s small amount of scholarship money
Teams that can count the highest get the most money
Every player on the team gets a full ride
84
The US has ______ of the most expensive stadiums in the world
5/5
3/5
4/5
2/5
85
What does NCAA stand for
National Collegiate Athletic Association
National Community Athlete Association
Nation-wide Competitive Athletic Association
National Collegiate Athletic Administration
86
What basketball player cheated on their SAT to get in to college?
Michael Jordan
Derrick Rose
LeBron James
Dirk Nowitzki
87
AS OF MAY 2024 - A college can directly pay a player if they want them to play for the school
False
True
88
How much did SoFi stadium cost to build
2.5 Billion
10 billion
100 million
4.9 Billion
89
As of 2024, who was the most valuable team in the world
Golden State Warrriors
Dallas Cowboys
New York Yankees
New York Nicks
90
With new NIL rules, student-athletes can now be paid directly by the university
False
True