WorksheetsExam #1 Prep (RECR 772)
Total questions: 41
Worksheet time: 21mins
How many exams are in this course?
3
4
5
6
How many states have legalized sports betting as of now?
28 + DC
34 + DC
39 + DC
44 + DC
Protecting integrity and invoking the substitution effect are apt reasons to not legalize sports betting.
True
False
Typically, college football accounts for ____ times the scholarships of the largest women's team in D1.
2
4
6
8
What can a student-athlete associate their NIL with?
local restaurant
sportsbook
alcohol brand
all of these
What is NOT a top source of revenue for college athletics, typically?
donations
ticket sales
NCAA/conference contributions
direct institutional support
What is an "uncontrollable" cost for a college athletic department?
NCAA mandates
salaries
attendance
facility expansion
What is NOT a prong of Title IX?
substantial proportionality
accommodation of interest
substantial accommodation
continued improvement
College student-athletes can start signing endorsements, currently.
False
True
All professional team financial statements are readily accessible to the public.
True
False
What is a driver of franchise values?
local market
individual team venue economics
league-wide economics
all of these are drivers
Sport economists, such as Victor Matheson, conclude that publicly subsidized stadiums are a good investment.
True
False
What league increased attendance between '07-'11?
NBA
NHL
NFL
MLB
In 2016-17, what were the two top revenue generating professional leagues?
NFL, MLB
NFL NBA
MLB, NBA
NFL, NHL
In the past 34 years, the percentage of public contribution INCREASED for
arenas
stadiums
both stadiums and arenas
neither stadiums or arenas
It is difficult to accurately assess the price of a new sports facility.
True
False
What era of sport facility funding are we currently in?
civic development
transitional
public subsidy
fully loaded
Who decides and earmarks taxer payer funds to subsidize stadiums?
team owners
taxpayers
visitors
city council
Ideally, sport projects attract out-of-town visitors to spend money in that community, which creates jobs.
False
True
What is NOT a type of multiplier?
reduced
indirect
direct
induced
Mega sport events have the most consistent, significant economic impact among sport projects.
True
False
Billy was professionally affiliated with which of the following?
SF Skyforce
City of Grand Forks
Learfield - University of Minnesota
All of These
Between 2014 and 2024, how much has SDSU grown in Athletics spending?
+$5 million
+$10 million
+$15 million
-$15 million
SDSU Athletics is atypical for having a large portion of its budget allocated from state/institutional support.
True
False
Previously, two Timberwolves tickets would be FREE by purchasing ______.
a dozen Hy-Vee Butterscotch cookies
two 6-pack 20oz Gatorade
one 2-Liter bottle of Coca-Cola
four cans of Butter Kennel vegetables
The NCAA garners a majority of its revenue from:
College Football Playoff
March Madness
Membership Dues
None of These
According to Matheson (2019), professional sporting franchises or events generate little to no ___, ___ effects for their cities.
Tangible
New
Both of These
Neither of These
According to CNBC (2022), what is considered national revenue stream for professional franchises?
Concessions
Stadium Naming Rights
Ticket Sales
None of These
Closing the tax loopholes tied to stadium public funding is largely bipartisan supported.
True
False
Who initially suggested sports betting could double team valuations, as mentioned in class?
Dr. Hajek
Adam Silver
Dr. Romsa
None of These
Of the top 100 most-watched telecasts of 2024, how many were live sports?
56
66
75
85
Overall, most college athletic departments are spending more than they generate.
True
False
As of 2017, what league has the highest net profit margin at 24.6%?
NBA
NHL
NFL
MLB
Between the Big Four, how many teams were losing money in 2017?
0
3
8
11
Most professional teams DO NOT own their own playing facility for home games.
True
False
The commodification of sport facilities with the intention of revenue generation is:
creative accounting
franchise valuation driver
Californication
none of these
What facility was constructed with the highest percentage of private funding?
Coors Field
Madison Square Garden
U.S. Bank Stadium
They were all equally funded by %
Sports books and live betting are prohibited from all U.S. professional sport facilities.
True
False
What is the most valid reason to integrate legalized sports betting?
Consistent state tax revenues
Consumer interest
Substitution effects
All of these are valid reasons to legalize
Motives from sponsors can affect an economic impact study's findings.
True
False
What is an abuse of economic impact studies of sport facilities?
Excluding local spenders
Omitting critical costs
Incorporating opportunity costs
All of these are abuses
