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Full-Text Articles in Entertainment, Arts, and Sports Law
Revenue Sharing And The Salary Cap In The Nfl: Perfecting The Balance Between Nfl Socialism And Unrestrained Free-Trade, Clay Moorhead
Revenue Sharing And The Salary Cap In The Nfl: Perfecting The Balance Between Nfl Socialism And Unrestrained Free-Trade, Clay Moorhead
Vanderbilt Journal of Entertainment & Technology Law
This note argues that the League must reform the current revenue sharing model in order to correct the widening revenue gap between the lowest and highest revenue teams, which if not adequately addressed soon could severely impair the future popularity and success of the NFL. Part II describes the emergence of revenue sharing in the NFL; its evolution due to past challenges initiated by profit-oriented owners; and the details of the current revenue sharing system in place today. Part III establishes how the emergence of unshared "local revenue" has eroded the NFL's collective mentality, thereby causing a variety of problems …
Nafta Chapter 11 And Professional Sports In Canada, Robert A. Schmoll
Nafta Chapter 11 And Professional Sports In Canada, Robert A. Schmoll
Vanderbilt Journal of Transnational Law
Modern professional sports leagues are significant economic enterprises, the most prominent of which span the political border between the United States and Canada. In recent decades, local governments in the United States have invested heavily in professional sports franchises by building stadiums and arenas, hoping either to prevent the home team from moving out or to entice someone else's home team to move in. The willingness to pay of U.S. local governments, coupled with apparently disadvantageous economic conditions in Canada, has resulted in a net loss of professional franchises for Canadian cities, in particular franchises in Canada's national game, hockey. …