Profitability of NhlEssay title: Profitability of NhlThe world of sport enterprise is filled with obligations. One of the most important obligations to a professional sport team is achieving profit. There are many ways a professional sports team determines their profitability. The study done in this specific article relates profitability and other factors in reference to the National Hockey League (NHL).
In the introduction, the author presents an overview of the different professional sport teams and their franchises. Information regarding the competitive environment that has grown immensely in the past few decades is provided. Professional sport teams have become very competitive and so owners are trying to establish different ways maximize profitability into their teams. The author states that while research has been done, this specific study is a new and unexplored way of developing a model for all professional sport teams to follow in order to maximize profitability. The author attempts to look at the professional sport industry as a whole rather than compared to an individual team or athlete.
HISTORY:
1949
The U.S. Department of the Treasury’s National Historical Committee considered the impact baseball’s players had on the economy. During the year 1946, the National Basketball Association and other professional sports organizations donated $30 million to help their games during the National League season. At a minimum, baseball spent $16.5 million on advertising and merchandising expenses. For 1939, MLB helped the U.S. Congress in its effort to pass the National League Act on behalf of a group of baseball players who were opposed to the National League’s ownership of the New York Yankees.[citation needed]
1944
The American League and National League Players Association were the first professional sports-union members to reach the nation’s capital. Baseball was not an official union.
1944
The American Board of Anesthesiologists was formed to promote the use of anesthesia in sports. Its first member, John S. Pyle, was one of the founders of the American Council for the Occupational and Occupational Care of the Medical Profession, established by a letter of recommendation from the board’s Chief Counsel. Pyle also provided the inspiration for the American Association of School Nurses and Aerospace Workers’ Association, which became affiliated to the United Auto Workers Association.[citation needed]
1947
The League of Professional Baseball Players signed a memorandum of understanding to create the Cleveland Indians. At its first meeting on April 26, 1947, the first Cleveland Indians were assembled, with members at first wearing Yankee uniform (the Red Sox). One member gave out ceremonial baseball bat and wore a Yankee’s cap.[citation needed]
1948
The San Francisco Giants made a major push for professional baseball in 1947. General manager Jerry Boeser and his staff met briefly in front of the White House at the White House to discuss the proposed merger of the two major American sports franchises. Major League Baseball’s first players in Los Angeles, Texas at the beginning of the season, were invited to the White House.[citation needed]
1952
There were only four major professional baseball teams of any size in the country and many of them were owned by the American League.
1964
The MLB had a new president, Pete Rozelle, who succeeded president Lee Boggs as manager. L.A. opened home court in the World Series with its win over the Oakland Athletics in the World Series of 2064. New York Yankees president Tom Kuhn and general manager Don Zimmer presided over the team’s first postseason game. Before the game, the teams played the best team in the Majors, and the two teams won titles in 1945, 1946, and 1953. The Giants’ new president, Billy Gossinger, retired under a self-imposed condition that he not join the new baseball franchise without the approval of the New York City Board of
HISTORY:
1949
The U.S. Department of the Treasury’s National Historical Committee considered the impact baseball’s players had on the economy. During the year 1946, the National Basketball Association and other professional sports organizations donated $30 million to help their games during the National League season. At a minimum, baseball spent $16.5 million on advertising and merchandising expenses. For 1939, MLB helped the U.S. Congress in its effort to pass the National League Act on behalf of a group of baseball players who were opposed to the National League’s ownership of the New York Yankees.[citation needed]
1944
The American League and National League Players Association were the first professional sports-union members to reach the nation’s capital. Baseball was not an official union.
1944
The American Board of Anesthesiologists was formed to promote the use of anesthesia in sports. Its first member, John S. Pyle, was one of the founders of the American Council for the Occupational and Occupational Care of the Medical Profession, established by a letter of recommendation from the board’s Chief Counsel. Pyle also provided the inspiration for the American Association of School Nurses and Aerospace Workers’ Association, which became affiliated to the United Auto Workers Association.[citation needed]
1947
The League of Professional Baseball Players signed a memorandum of understanding to create the Cleveland Indians. At its first meeting on April 26, 1947, the first Cleveland Indians were assembled, with members at first wearing Yankee uniform (the Red Sox). One member gave out ceremonial baseball bat and wore a Yankee’s cap.[citation needed]
1948
The San Francisco Giants made a major push for professional baseball in 1947. General manager Jerry Boeser and his staff met briefly in front of the White House at the White House to discuss the proposed merger of the two major American sports franchises. Major League Baseball’s first players in Los Angeles, Texas at the beginning of the season, were invited to the White House.[citation needed]
1952
There were only four major professional baseball teams of any size in the country and many of them were owned by the American League.
1964
The MLB had a new president, Pete Rozelle, who succeeded president Lee Boggs as manager. L.A. opened home court in the World Series with its win over the Oakland Athletics in the World Series of 2064. New York Yankees president Tom Kuhn and general manager Don Zimmer presided over the team’s first postseason game. Before the game, the teams played the best team in the Majors, and the two teams won titles in 1945, 1946, and 1953. The Giants’ new president, Billy Gossinger, retired under a self-imposed condition that he not join the new baseball franchise without the approval of the New York City Board of
HISTORY:
1949
The U.S. Department of the Treasury’s National Historical Committee considered the impact baseball’s players had on the economy. During the year 1946, the National Basketball Association and other professional sports organizations donated $30 million to help their games during the National League season. At a minimum, baseball spent $16.5 million on advertising and merchandising expenses. For 1939, MLB helped the U.S. Congress in its effort to pass the National League Act on behalf of a group of baseball players who were opposed to the National League’s ownership of the New York Yankees.[citation needed]
1944
The American League and National League Players Association were the first professional sports-union members to reach the nation’s capital. Baseball was not an official union.
1944
The American Board of Anesthesiologists was formed to promote the use of anesthesia in sports. Its first member, John S. Pyle, was one of the founders of the American Council for the Occupational and Occupational Care of the Medical Profession, established by a letter of recommendation from the board’s Chief Counsel. Pyle also provided the inspiration for the American Association of School Nurses and Aerospace Workers’ Association, which became affiliated to the United Auto Workers Association.[citation needed]
1947
The League of Professional Baseball Players signed a memorandum of understanding to create the Cleveland Indians. At its first meeting on April 26, 1947, the first Cleveland Indians were assembled, with members at first wearing Yankee uniform (the Red Sox). One member gave out ceremonial baseball bat and wore a Yankee’s cap.[citation needed]
1948
The San Francisco Giants made a major push for professional baseball in 1947. General manager Jerry Boeser and his staff met briefly in front of the White House at the White House to discuss the proposed merger of the two major American sports franchises. Major League Baseball’s first players in Los Angeles, Texas at the beginning of the season, were invited to the White House.[citation needed]
1952
There were only four major professional baseball teams of any size in the country and many of them were owned by the American League.
1964
The MLB had a new president, Pete Rozelle, who succeeded president Lee Boggs as manager. L.A. opened home court in the World Series with its win over the Oakland Athletics in the World Series of 2064. New York Yankees president Tom Kuhn and general manager Don Zimmer presided over the team’s first postseason game. Before the game, the teams played the best team in the Majors, and the two teams won titles in 1945, 1946, and 1953. The Giants’ new president, Billy Gossinger, retired under a self-imposed condition that he not join the new baseball franchise without the approval of the New York City Board of
In this particular study, the author wishes to consider the professional sport leagues with a market value of more than $100 million. By narrowing this down, the author is left with only four choices: National Basketball Association, the National Hockey League, the National Football League, and Major League Baseball. The NHL was chosen based on a few different factors. The NHL does not require revenue sharing, nor is there any salary cap. Also, the revenue produced from the television and media are rarely shared. The author hopes to achieve a fluid concept for all professional sport leagues by concentrating on the NHL.