1. Sports Economics
... including the creation, expansion, and development of leagues that establish rules, procedures, and governing bodies for their respective sports. The twentieth century brought a dramatic increase in the economic role of sports, which now generate more than $400 billion annually in the United States through sponsorship, stadium construction, licensing, apparel, equipment, media investments, and spectator ... places on a team, teams compete for players, leagues compete for team locations, etc. These features make the application of antitrust laws designed to support and preserve competiti...
- Word Count: 2213
- Approx Pages: 9
- Has Bibliography
- Grade Level: Undergraduate