SPORT MANAGEMENT EXAM
CHAPTER 8 AND 9 QUESTIONS WITH
100% CORRECT ANSWERS LATEST
VERSION 2025/2026.
Salary Cap - ANS What rule in some pro sports places a limit on the total compensation that a
team can use for players' salaries?
Which professional sports league is exempt from the Sherman Antitrust Act? - ANS MLB
League Think - ANS Teams must share revenues
3 Principle Actors in Pro Sports - ANS Labor, Management, Goverence
Labor - ANS A collective group of athletes in team sports who unionize so that they can
bargain collectively with the league owners. Labor is typically represented by a union head in
negotiations with management.
Management - ANS When referring to the collective bargaining process, management refers
to the collective group of ownership that is negotiation with the players or labor. Management
is typically represented by a league commissioner who is technically an agent for the owners, in
negotiations with labor
1 @COPYRIGHT 2025/2026 ALLRIGHTS RESERVED.
CHAPTER 8 AND 9 QUESTIONS WITH
100% CORRECT ANSWERS LATEST
VERSION 2025/2026.
Salary Cap - ANS What rule in some pro sports places a limit on the total compensation that a
team can use for players' salaries?
Which professional sports league is exempt from the Sherman Antitrust Act? - ANS MLB
League Think - ANS Teams must share revenues
3 Principle Actors in Pro Sports - ANS Labor, Management, Goverence
Labor - ANS A collective group of athletes in team sports who unionize so that they can
bargain collectively with the league owners. Labor is typically represented by a union head in
negotiations with management.
Management - ANS When referring to the collective bargaining process, management refers
to the collective group of ownership that is negotiation with the players or labor. Management
is typically represented by a league commissioner who is technically an agent for the owners, in
negotiations with labor
1 @COPYRIGHT 2025/2026 ALLRIGHTS RESERVED.