HW 5 solution-1

HW 5 solution-1 - Homework 5 1. What are the benefits to...

Info iconThis preview shows pages 1–2. Sign up to view the full content.

View Full Document Right Arrow Icon
1. What are the benefits to the franchise of constructing a new stadium? Answers might include: increase demand for attendance, provide incentives for free agents, reduce cost through government subsidies 2. As an owner, what is the advantage of installing luxury suites in the stadium? Revenue from luxury seats is not a part of revenue sharing in the NFL, 3. Be clear and concise in a couple of paragraphs to answer the following questions about American Needle v. NFL lawsuit. a. Why did American Needle sue the NFL? The NFL signed an exclusive contract with Reebok to produce all NFL merchandise and did not renew its contract with American Needle. American Needle sued the NFL because according to them, this was anti-competitive and violated anti-trust laws. b. What was the NFL’s defense? The NFL argued that it was a single entity, and not 32 individual organizations. Being a single entity, they are not able to collude to reduce competition. c.
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Image of page 2
This is the end of the preview. Sign up to access the rest of the document.

This note was uploaded on 04/04/2011 for the course ECON 3306 taught by Professor Staff during the Spring '08 term at UT Arlington.

Page1 / 2

HW 5 solution-1 - Homework 5 1. What are the benefits to...

This preview shows document pages 1 - 2. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online