Economics of Sports
Across
- 3. negotiation of wages and other conditions of employment by an organized body of employees
- 4. a written or spoken agreement, especially one concerning employment, sales, or tenancy, that is intended to be enforceable by law
- 5. a state or situation in which something needed cannot be obtained in sufficient amounts
- 7. the exclusion of employees by their employer from their place of work until certain terms are agreed to
- 9. the union representing all current Major League Baseball players
- 11. Free Agent free to sign with any team
- 12. a new team in a sports league, usually from a city that has not hosted a team in that league before, formed with the intention of satisfying the demand for a local team from a population in a new area
- 16. bars a tagged player from negotiating a deal with a new team
- 20. allows a tagged player to negotiate a deal with a new team
- 21. a labor union representing National Football League players
- 22. Resources resources that are drawn from nature and used with few modifications
- 23. the upper limit of tokens that can be sold. The developer team is seeking to raise funds, and the hard cap is the maximum amount of funds they are willing to collect in exchange for selling their tokens
- 26. an amount of something left over when requirements have been met; an excess of production or supply over demand
- 27. a labor union that represents National Basketball Association players
Down
- 1. the conducting or supervising of something (such as a business) Business improved under the management of new owners
- 2. special restrictions on the terms under which they can retain or change employment status with their athletic club teams
- 6. a contract offered to a restricted free agent by a team other than the one for which he played during the prior season
- 8. an agreement or rule that places a limit on the amount of money that a team can spend on
- 10. a franchise player is an athlete who is both the best player on their team and one that the team can build their "franchise" around for the foreseeable future
- 13. an organized and intentional stoppage or slowdown of work by employees, intending to make the employer comply with the demands of the employees
- 14. Point the state in which market supply and demand balance each other, and as a result prices become stable
- 15. a player who is eligible to sign with other clubs or franchises; i.e., not under contract to any specific team
- 17. the minimum amount that an initial coin offering (ICO) needs to raise. If the ICO is unable to raise that amount, it may be canceled and the collected funds returned to participants players' salaries
- 18. there exists only a finite amount of human and nonhuman resources which the best technical knowledge is capable of using to produce only limited maximum amounts of each economic good
- 19. the total amount of a specific good or service that is available to consumers
- 20. the labor union for the group of professional hockey players who are under Standard Player Contracts to the 32 member clubs in the National Hockey League located in the United States and Canada
- 24. the quantity of a good that consumers are willing and able to purchase at various prices during a given time
- 25. Tax a tax on luxury goods: products not considered essential