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