Sports Management Test 1

Front 1

Goal of money ball

Back 1

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.

Front 2

income statement

Back 2

summary of revenues, expenses, and profits of an organization over a given time period

Front 3

balance sheet

Back 3

financial statement that shows the assets, liabilities, and owners equity of an organization

Front 4

equity

Back 4

quality of being fair and impartial

Front 5

revenue stream in spectator sport

Back 5

form of revenue, reveals the earnings a business makes from all the methods by which money comes in

Front 6

salary cap

Back 6

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

Front 7

luxury tax

Back 7

fee that a team incurs when it exceeds a set payroll threshold

Front 8

revenue sharing

Back 8

system in which each team receives a percentage of various league wide revenues

Front 9

ethics

Back 9

the systematic study of the values guiding decision making

Front 10

they all made decisions that impacted their career ethically

Back 10

What do Long, Landy and CWU softball have in common?

Front 11

MLB, Judge Kennesaw Mountain Landis

Back 11

first pro league to create a commissioner

Front 12

Harness racing

Back 12

first sport to use management principles

Front 13

tournament was medium through which celebrity, politician, manufacturer, charity, town or product gained exposure.

Back 13

how did Fred Corcoran convince cities to host golf tournaments

Front 14

Pierre de Coubertin

Back 14

person instrumental in modern olympic games

Front 15

1896

Back 15

Date of first modern olympics

Front 16

Management theories:

1. Scientific management theory

2. human relations management theory

Back 16

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

Front 17

planning

Back 17

defining organizational goals and determine the appropriate means by which to achieve these desired goals

Front 18

organizing

Back 18

concerned with putting plans into action. manager decides what types of jobs need to be performed and who will be responsible for them

Front 19

leading

Back 19

referred to as the action part of the management process, this is where it all happens

Front 20

evaluating

Back 20

measuring and ensuring progress toward organizational objectives. accomplished by the employees effectively carrying out their duties

Front 21

ambush marketing

Back 21

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

Front 22

evolution of sports broadcasting

Back 22

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

Front 23

Greenbay Packers

Back 23

Only NFL team to allow public ownership

Front 24

soccer

Back 24

Most popular global sport

Front 25

Albert spalding

Back 25

company affiliated with "official" in pro sports

Front 26

lacrosse

Back 26

native American sport still played today

Front 27

genesis of secondary educational institution involvement in sport

Back 27

Period during and just after World War I– School sports for males were promoted as a source of physical training for armed forces.

Front 28

genesis of collegiate sport

Back 28

1852: Crew race between Harvard and Yale was first commercial intercollegiate athletic event in United States.

• Initial collegiate athletic contests were student run

Front 29

genesis of NCAA

Back 29

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.

Front 30

major vs. secondary violation

Back 30

IDK

Front 31

Title IX

Back 31

comprehensive statue enacted to eliminate gender discrimination in educational institutions that receive federal funding, only involves intercollegiate and interscholastic athletics.

Front 32

NFL

Back 32

Only pro sport to ban corporate ownership

Front 33

collective bargaining

Back 33

legal agreement between an employer and a labor union that regulates the hours, wages, terms, and conditions of employment

Front 34

John M. Ward’s fight

Back 34

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

Front 35

DI: 340 member institution

DII: 290 member institution

DIII: 436 member institution

Back 35

relative size of DI, DII & DIII

Front 36

Bill Veeck's contributions to Sports

Back 36

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.