Describe the common sources of revenue for sports teams

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1. Describe the common sources of revenue for professional sports teams. Why is each source so important to the operations of the teams? How do teams try to manipulate the sources of revenue for increased profit? Sum up your ideas in 200-250 words.

2. When considering the content in the article, The A-Rod Arbitration Ruling Might Have Been Legally Wrong, But That Doesn't Make The Arbitrator Biased, which can be located in the Forbes Showcase, it is obvious that collective bargaining agreements influence MLB professional athletes and franchise owners. Based on the readings in the article, what is the major disagreement or issue related to the A-Rod arbitration? Also, what is the role of Major League Baseball and the MLB Player Union in this situation? How do you suggest that this issue should have been resolved?

Reference no: EM13741883

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