KINS 4520 Lecture Notes - Lecture 2: Revenue Sharing, Tax Rate, Mario Lemieux

• School: University of Georgia
• Department: Kinesiology
• Course: KINS 4520
• Professor: Slonaker

Document Summary

Each league has guidelines that influence how teams receive money and how those funds can be spent. For colleges, ncaa is critical to governing process, but policies adopted by each conference are important. Policies for professional leagues designed to achieve competitive balance or to ensure small markets have equitable opportunities to enhance their fiscal status. League policies such as player drafts, revenue sharing, luxury taxes, and salary caps, can be of tremendous importance for a team"s bottom line and for the salaries of the players. Players" unions are constantly negotiating policies or seeking new ones that increase the share of sport-related revenue that becomes the pool from which players are paid. Ownership level - there is usually unified opposition to the unions" efforts to secure more revenue sources for player salaries and benefits. Leagues are not a winner-take-all contest like we believe - there is motive to ensure the continued existence of all franchise within the league.