MANAGEMENT

Detailed explanation-1: -Namely, MLB, the NBA, the WNBA, MLS and the NHL all permit their member teams to negotiate local television contracts for regular season games, but the NFL does not.

Detailed explanation-2: -In professional sports, a salary cap (or wage cap) is an agreement or rule that places a limit on the amount of money that a team can spend on players’ salaries. It exists as a per-player limit or a total limit for the team’s roster, or both.

Detailed explanation-3: -In 1996, Major League Baseball introduced its first system of comprehensive revenue sharing with the goal of creating more competitive balance in the league. run teams.

Detailed explanation-4: -The impact of their efforts, however, continues to be felt today. The Cincinnati Base Ball Club, also known as the Cincinnati Red Stockings, fielded the first known openly professional team in 1869 and played its first game against an opposing club on May 4.