SEM 3.1 Review

an organization formed by workers who use their collective strength to have a voice in their workplace.

• association
• union
• collective
• coalition

a legally binding contract between a union and its employer. In the case of sports teams, it is between the player’s union and team ownership

• Collective bargaining agreement
• Player contract
• Team agreement
• Employment contract

the number of people that watched the Super Bowl LVII (58) in 2024.

• 100 million

• 110 million

• 123 million

• 147 million

a system where league revenues are distributed equally among its teams to help maintain competitive balance and financial stability across the league.

• Profit-sharing model
• Salary cap system
• Revenue sharing system
• Merit-based funding

the number of people that watched the 2022 World Cup that was held in Qatar.

• 5 billion

• 2.1 billion
• 1 billion
• 3.5 billion

a satellite, streaming, or cable television service by which customers can order access to a specific broadcast for a set, one-time fee.

• on-demand rental
• subscription service
• pay-per-view
• free streaming

the income generated from an organization’s business operation.

• Capital
• Expense
• Revenue
• Profit

usually a team’s largest year-to-year expense and can affect a team’s profit.

• Stadium maintenance costs
• Travel expenses
• Marketing and advertising expenses
• Player salaries

a work stoppage initiated by a worker’s union (which could include players or officiants.

• suspension
• protest
• lockout

• strike

a work stoppage where workers are prevented from working.

• vacation
• lockout

• meeting
• strike