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Chapter 11 - Sport Finance Flashcards | StudBud
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Chapter 11 - Sport Finance
Chapter 11 - Sport Finance
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Questions
13
Answers
1
What is the most liquid asset?
cash
supplies
equipment
accounts receivable
2
Which revenue source only applies to college athletics?
Concessions
Television deals
Football bowl game appearances
Corporate partnerships
3
Which is NOT an expense incurred in professional sports
Coach Salaries
Athletic Scholarships
Player Salaries
Facilities Costs
4
Public high schools can charge admission fees for games
False
True
5
Which MLB general manager used sabermetrics to reinvent financing in baseball?
Bill Schmidt
Alex Anthopoulos
Billy Beane
Brian Cashman
6
A balance sheet shows revenues and expenses
False
True
7
Sportwashing is a new concept
True
False
8
Which athlete has the most valuable contract in the history of professional sports?
Patrick Mahomes (KC Chiefs)
Cristiano Ronaldo (Al Nassr)
Lionel Messi (FC Barcelona)
Shohei Ohtani (LA Dodgers)
9
Name the only major professional sports franchise in the United States that is a non-profit entity.
Los Angeles Lakers
New York Yankees
Green Bay Packers
Boston Bruins
10
Every enterprise should pay attention to their finances
True
False
11
Which term is commonly used to describe the total prize money to be awarded in a golf tournament?
Purse
Pool
Bounty
Pot
12
Which major professional league does not have a salary cap?
NBA
MLB
NHL
NFL
13
Which of the following is often the largest expense incurred by professional sports teams?
Coach salaries
Travel expenses
Player salaries
Equipment/Uniform expenses
