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When negotiations between a players' union and the owners' organization cannot be reached | the players might vote to determine if they should |
When professional athletes negotiate salaries | playing conditions |
Salaries | contracts |
When a league blocks the broadcast of a certain game in a certain territory | it is known as a(n) |
Which of the following is an unfair | anticompetitive trade practice in sport/event marketing\: |
The National Hockey Association has just drafted Ty Hartman. Ty hires Amanda Bingham to help him make sound business decisions | and to negotiate endorsement contracts with well-known companies. Amanda is Ty's |
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5.When a league blocks the broadcast of a certain game in a territory, it is known as which activity?A. Antitrust violationB. BlackoutC. InjunctionD. Right of publicity
6. Which is an unacceptable place to use an athlete’s or celebrity’s identity without permission?
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7. Which law makes restraining free trade and competition illegal?
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8. When professional athletes’ unions negotiate salaries, playing conditions, and contract terms as a singleunit, they are engaging in which activity?
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9. Salaries, contracts, and profit sharing are often the issues that create conflicts between sports’ leaguesand which other party?A. Team ownersB. Sponsoring organizationsC. Individual managersD. Associations of players
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Handler | people that sponsors pay to work closely with athletes who are unable or unwilling to police themselves |
Advisers | financial and business counselors for celebrities |
Non-compete Clause | prohibits a person from working in a competing business for a specific period of time |
Contracts | agreements enforceable by law that detail the business transaction |
Intellectual property | the unique works of writers, artists, and musicians that can be protected under copyright law |
Lanham Trademark Act | Clearly outlines the procedures for trademark registration, makes trademark infringement illegal |
Trademark infringement | One organization copies, counterfeits, or reproduces another company's trademark for their own profit without permission |
Sherman Anti-trust Act | Makes restraining free trade and competition illegal, regulates interstate commerce, outlaws monopolies |
Collective bargaining | Employees joining together as a single unit to negotiate with management |
Injunction | A court order that stops a certain activity until a trial begins |
Identity misappropriation | unauthorized use of another's name, likeness, or identity without that person's permission, resulting in harm to that person |
Ticket Scalping | Reselling tickets for more than their face value |
Option to Renew | allows the sponsor to extend the agreement after the contract expires |
Right of First Refusal | the event organizers will allow the sponsor the opportunity to renew before offering the contract to any other sponsors |
Collective bargaining agreement | contracts negotiated by a players' association |
Salary Cap | a maximum amount that a team can spend on players' salaries |
Blackout | A league blocks the broadcast of a certain game in a certain territory |
Exclusivity | Sponsors usually insist on being the only ones in their particular category of goods or services |
Free Agency | a professional athlete who is free to negotiate a contract with any team |
Lockout | the exclusion of employees by their employer from their place of work until certain terms are agreed to |
Player's association | Unions in professional sports |
Prize indemnity | A type of insurance that protects sport/event organizations or sponsors from loss of income due to contest awards |
Right of Privacy | A type of law that gives individuals the exclusive right to their seclusion |
Right of Publicity | A type of law that gives individuals the exclusive right to their identities for commercial use |
Trademark | the legal protection of words and symbols used by a company |