5. How does being in a “big market” affect a team? Specifically, what impact does it have on that team’s revenue and wins (on average)? Why?
6. Does a team that is trying to maximize wins behave the same as a team trying to maximize profits? Why/Why not?
7. Explain what revenue sharing is and provide an example.
8. List the five main sources of revenue for sports franchises and explain how each source of revenue is earned.
9. Explain how broadcast revenue for NFL teams is structured differently than broadcast revenue for MLB teams.
10. Explain “vertical integration” and how it is related to Regional Sports Networks (RSNs).