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36 Cards in this Set
- Front
- Back
Goal of money ball |
GM uses in game stats to pick up players that aren't the best but statistically when on the field they will sore more points. Teams end up spending less. |
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income statement |
summary of revenues, expenses, and profits of an organization over a given time period |
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balance sheet |
financial statement that shows the assets, liabilities, and owners equity of an organization |
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equity |
quality of being fair and impartial
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revenue stream in spectator sport
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form of revenue, reveals the earnings a business makes from all the methods by which money comes in |
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salary cap
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financial mechanism that limits team payroll to a percentage of league revenues, thereby preventing large market teams from exploiting their financial advantage to but the best team
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luxury tax
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fee that a team incurs when it exceeds a set payroll threshold
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revenue sharing
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system in which each team receives a percentage of various league wide revenues
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ethics
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the systematic study of the values guiding decision making
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they all made decisions that impacted their career ethically
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What do Long, Landy and CWU softball have in common? |
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MLB, Judge Kennesaw Mountain Landis |
first pro league to create a commissioner |
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Harness racing |
first sport to use management principles |
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tournament was medium through which celebrity, politician, manufacturer, charity, town or product gained exposure. |
how did Fred Corcoran convince cities to host golf tournaments |
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Pierre de Coubertin |
person instrumental in modern olympic games |
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1896 |
Date of first modern olympics |
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Management theories: 1. Scientific management theory 2. human relations management theory |
1. idea theres one way to perform a job most efficiently through scientific studies and the belief that mangers can get workers to perform the job in the best way by enticing them with rewards. 2. focuses on the behavior and motivations of people in the work place |
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planning |
defining organizational goals and determine the appropriate means by which to achieve these desired goals |
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organizing |
concerned with putting plans into action. manager decides what types of jobs need to be performed and who will be responsible for them |
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leading |
referred to as the action part of the management process, this is where it all happens |
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evaluating |
measuring and ensuring progress toward organizational objectives. accomplished by the employees effectively carrying out their duties |
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ambush marketing |
strategy that includes placement of marketing material and promotions at an event that attracts consumer and media attention, without becoming an official sponsor of that event |
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evolution of sports broadcasting |
helped the industry evolve from pure factual reporting aimed at sports fans to sport entertainment; led to proliferation of sport channels and sport networks (ESPN, Big Ten network etc); Roone Arledge combined sports and entertainment |
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Greenbay Packers |
Only NFL team to allow public ownership |
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soccer |
Most popular global sport |
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Albert spalding |
company affiliated with "official" in pro sports |
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lacrosse
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native American sport still played today |
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genesis of secondary educational institution involvement in sport
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Period during and just after World War I– School sports for males were promoted as a source of physical training for armed forces. |
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genesis of collegiate sport
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1852: Crew race between Harvard and Yale was first commercial intercollegiate athletic event in United States. • Initial collegiate athletic contests were student run |
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genesis of NCAA
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1929 bleak picture of intercollegiate athletics: many academic and recruiting abuses, payments to student-athletes, and commercialization ofathletics. NCAA pressured to change to an organization that would oversee academic standards for student-athletes, monitor recruiting activities of coaches and administrators, and establishprinciples governing amateurism. |
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major vs. secondary violation
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IDK |
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Title IX
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comprehensive statue enacted to eliminate gender discrimination in educational institutions that receive federal funding, only involves intercollegiate and interscholastic athletics. |
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NFL
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Only pro sport to ban corporate ownership |
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collective bargaining
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legal agreement between an employer and a labor union that regulates the hours, wages, terms, and conditions of employment
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John M. Ward’s fight
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1885: established firstplayers’ association to: Fight reserve system, salary caps, and practice of selling players without theplayers’ receiving a share of profits– Negotiate wages-benefits-rights with owners• When his plan did not work, about 200 players organized a revolt that led to the organization of the Players League; folded after first year |
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DI: 340 member institution DII: 290 member institution DIII: 436 member institution |
relative size of DI, DII & DIII |
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Bill Veeck's contributions to Sports
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He said teams must provide reasons otherthan the game itself for people to attend andsupport franchise. His contributions were fan-appreciation night, player names on uniforms, fireworks displays, electronic scoreboards, culinary alternatives to peanuts and CrackerJacks.
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