Financial Management in Sport

Mega sporting events, such as the Super Bowl and World Cup, have a large economic impact on host cities.

• True

• False

Out of the 122 teams in the 4 major leagues (NFL, NBA, NHL, MLB), how many do not pay property taxes on the facility they occupy?

• 110

• 0

• 122

• 10

Even though the break-up is hard for fans, the benefits for the city of having a major sports franchise and losing it outweigh never having a franchise.

• True

• False

Sport is recession-proof

• True

• False

In 2014, 45% of Division I football programs lost money.

• True

• False

What professional organization has the largest profit margin?

• USTA

• NFL

• WNBA

• NBA

Ram's owner, Stan Kroenke, self-financed the $2.9 billion stadium in Los Angeles.

• True

• False