SPORTS LAW INTRODUCTION 1. ARE ATHLETES OVERPAID ?
Author : celsa-spraggs | Published Date : 2025-05-23
Description: SPORTS LAW INTRODUCTION 1 ARE ATHLETES OVERPAID DEFINE WORTH OR VALUE KERSHAW AND PRICE 7 FOR 215 STANTON 13 FOR 325 DELLAVADOVA 3 FOR 30 2 WHY IS FOOTBALL MOST PROFITABLE AND POPULAR AMERICAN SPORT A MADE FOR VIDEO B
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Transcript:SPORTS LAW INTRODUCTION 1. ARE ATHLETES OVERPAID ?:
SPORTS LAW INTRODUCTION 1. ARE ATHLETES OVERPAID ? DEFINE WORTH OR VALUE. KERSHAW AND PRICE (7 FOR 215), STANTON (13 FOR 325), DELLAVADOVA (3 FOR 30) 2. WHY IS FOOTBALL MOST PROFITABLE AND POPULAR AMERICAN SPORT ? A. MADE FOR VIDEO B. VIOLENCE C. GAMBLING ($ 3.64 BILL FANTASY) D. 16 GAMES (ALL AN EVENT) 3. WHY ARE FOOTBALL PLAYERS PAID LESS WITH LESS SECURITY THAN MLB AND NBA ? 4. ARE TICKET PRICES RISING BECAUSE PLAYER SALARIES ARE RISING ? WHY ARE PLAYERS SALARIES RISING ? 1. REVENUE UP (REALLY UP) – (WHEN DOES 27 = 25 ? NFL. 2010 = $ 8.5 BIL; 2017 = OVER $ 13 BIL). A. TICKETS – PSL, DIFFERENTIAL PRICING, STUB HUB B. MEDIA – NETWORKS, NFL (NETWORK, TICKET, RED ZONE) STREAMING (APPS, PHONE, ETC), RADIO (SATELLITE) C. MERCHANDISING 2. ELIMINATION OF MONOPOLISTIC PRACTICES (MOSTLY) AND REAL COLLECTIVE BARGAINING AGREEMENTS. 3. DISPERSION OF INFORMATION 4. GLORIFICATION OF THE INDIVIDUAL PLAYERS SOURCES OF INCOME: Team Sports: 1. INDIVIDUAL BARGAING WITH TEAM 2. BENEFITS FROM COLLECTIVE BARGAINING – IN CBA. 3. ENDORSEMENTS – MOST GET $0. TEAM = UNIFORM; PLAYER = IMAGE AND LIKENESS. 4. NO SIGNIFICANT COSTS IN TEAM SPORTS. Individual Sports: Winnings on tour, schedule, net of all costs and endorsements/appearances. MANAGEMENT REVENUE: 1. WHAT DO YOU OWN WHEN YOU OWN A TEAM ? A. STADIUM AND/OR PRACTICE FACILITY (OR CHEAP LEASE) B. NAME, COLORS, LOGO C. RIGHTS TO PLAYERS CONTRACTS D. MONOPOLY RIGHTS (USUALLY 75 MILES). E. A SMALL BUSINESS IN MANY WAYS. 2. SALARY CAP – FIXED COSTS ON BIGGEST EXPENSE ITEM. MANAGEMENT INCOME : 1. TICKETS – (NBA AND MLB = 80%/20%; NFL = 60%/40%). PREMIUM GAME DIFFERENTIAL PRICING; STUB HUB PARTNERSHIP 2. PERSONAL SEAT LICENSE, LUXURY BOX FEE, JERRY JONES STADIUM SIGNAGE – NO SPLIT. 3. PARKING AND CONCESSIONS. 4. MEDIA REVENUE – OLD RADIO AND TV. NATIONAL SPLIT, LOCAL KEEP. NEW MEDIA – APPS, STREAMING, NFL NETWORK, NFL TICKET, ETC. PAY PER VIEW – SUPER BOWL AUDIENCE = 2018 – 103.4 mil;2017 – 111.3 mill;2016 – 111.9 mil; 2015 – 114 mil. ASSUME 70 MILLION SETS X $ 50 = $ 3.5 BILLION (INTERNATIONAL). COLLEGE – CONFERENCE DEALS, LONGHORN NETWORK, PLAYOFFS (ESPN –12 YEARS - $ 7.3 BILLION). WHY PAY ? LIVE AND DEMOGRAPHICS. WHY ARE RATINGS DOWN 12% OVER LAST 2 YEARS ? MASN DISPUTE – 2006 – IN RETURN OF TERRIORIAL INFRINGEMENT, ORIOLES OWN 90%, NATIONALS
