True/False
1. T or F Each of the professional sport leagues has established rules regarding who may
become an owner and join their “club.”
2. T or F The NHL has the most strict ownership requirements of all the North American
professional sport leagues, including a steep cash down-payment requirement.
3. T or F Most of the recent bankruptcies in the “Big 4” professional sport leagues have
involved baseball franchises.
4. T or F The NBA recently used a pooled-debt instrument to assist financially struggling
franchises.
5. T or F The four major North American sport leagues all share revenues from licensed
merchandise sales equally among their teams.
6. T or F NFL teams share the highest percentage of gate receipts with visiting teams.
7. T or F The New York Islanders of the NHL violated league rules regarding league control
of official league websites.
8. T or F In addition to “traditional” luxury suites and club seats, some facilities offer
luxury suites that do not have a direct view of the field of play.
9. T or F A personal seat license is typically valid for the life of the facility.
10. T or F Though securitization is popular, facilities cannot be financed through
securitization.