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Aligned Objectives
Analyze team demand, revenue, and cost in closed leagues and open leagues. (
Identify the social costs of monopoly power, including through pricing strategies.
Purpose
To promote professional style writing.
To explain the behavior of teams and leagues in a monopolistic environment and to contrast with the European structure of promotion and relegation.
To contemplate economic disruptions, such as the entry of a rival league (e.g., XFL), which could end a monopoly.
Instructions
Each student will submit their assignment by clicking the Submit Assignment button at the top of this page. This assignment is due by Sunday 11:55 PM ET.
Review the PowerPoint on Memo Writing.
Use the textbook as well as researching news for various articles to support positions in your memo.
Prepare, in memorandum format, your answer to:
Does revenue sharing reward teams that do not try to win?
Why does promotion and relegation system not work for NFL, MLB, NBA and NHL?
Is it fair to consumers when teams create a bundle of more popular games and less popular games that must be purchased together?
How could the monopoly be broken in one of the following leagues: NFL, MLB, NBA and NHL?
Document guidelines:
Professional business style of language and structure
Single line spacing
Font is either Times New Roman or Arial, 12 pt.
No more than two (2) pages
Cannot use first person or second person (i.e., I, we, you)
Citations are required
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