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