ECO 330 Final Exam Questions and Answers 2023 In the NHL, what is a two-way contract?The player has a discounted cap hit contract The contract includes a no-trade clause The player can move between the minors (AHL) and the NHL The contract may drop in value if the player is injured - Correct Answer The player can move between the minors (AHL) and the NHL What is considered a 'likely to be earned' cash incentive in the NFL?A performance incentive based on previous performance levels, thus it will not be included in the salary cap.A performance incentive based on performance levels the player has yet to achieve.A performance incentive based on the teams winning percent.A performance incentive based on previous performance levels, thus it will be included in the salary cap. - Correct Answer A performance incentive based on previous performance levels, thus it will be included in the salary cap.In the NFL, what is the Top-51 Rule?Only top-51 salaries count against the cap in revenue sharing.Only top-51 salaries count against salary cap during the season.Only top-51 salaries count against the salary cap.Only top-51 salaries count against the cap in the offseason. - Correct Answer Only top- 51 salaries count against the cap in the offseason.In the context of market size and competitive balance, what are the three primary areas of disagreement?What to use as a measure of success.How to characterize market size 1 / 3
How to measure the impact of policies designed to alter competitiveness, such as revenue sharing.All of the above - Correct Answer All of the above In MLB, which teams qualify for the competitive balance draft?The 10 teams with the worst winning percent in the previous season.The 5 smallest market teams and the 10 lowest-revenue teams.The 10 smallest market teams and the 10 lowest-revenue teams.The 20 teams with the worst winning percent in the previous season. - Correct Answer The 10 smallest market teams and the 10 lowest-revenue teams.
In the NBA, a teams unsigned draft pick counts against the salary cap:
Until the player is signed For one the length of the rookie contract Until the player becomes an RFA Until the player is drafted - Correct Answer Until the player is signed Which of the following exceptions will allow a team to exceed the apron?Bird rights Early bird Non bird Mid-level non-taxpayer Mid-level taxpayer Rookie exception No exceptions would allow this - Correct Answer Mid-level taxpayer Which of the following are not one of the two types of drafts in the NFL?Lottery reverse order draft reverse order draft supplemental draft These are all drafts in the NFL - Correct Answer Lottery reverse order draft 2 / 3
Which rule in the NFL allow teams to expand their roster to 90 players during the offseason?Salary cap rules Top 51 Rule Roster expansion rule Barry Sanders Rule Back-loading Rule - Correct Answer Top 51 Rule In the NFL, which of the following is true?The league has to spend 95% of the cap and each team has to spend at least 90% of the cap The league has to spend 48.5% of the cap and each team has to spend at least 90% of the cap The league has to spend 90% of the cap and each team has to spend at least 95% of the cap Both the league and each team each have to spend at least 90% of the cap - Correct Answer The league has to spend 95% of the cap and each team has to spend at least 90% of the cap How is the MLB draft order determined?Lottery for the first 14 spots, then reverse order Lottery determines the order.Lottery for the first 10 spots, then reverse order Reverse order based on win % - Correct Answer Reverse order based on win % When does revenue sharing increase competitive balance?When teams that receive revenue use it to improve the quality of the team By lowering the profitability of large market teams Smaller market teams use the revenue to get a higher draft pick Teams that pay revenue sharing have less money to buy talent - Correct Answer When teams that receive revenue use it to improve the quality of the team What is the Designated Rookie Player Rule?
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