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WARRIOR [948]
3 years ago
15

1. What might most reasonably account for the differences in labor relations at the NFL and the NBA versus the MLS? Explain in d

etail.
2. Some people feel little sympathy for NFL and NBA players, given the large salaries most make. Others defend those salaries in part based on the likelihood of serious injury. What is your opinion?

3. Is Florida a right-to-work state? What are your personal opinions about this issue?

Answer ASAP and make sure the answer is Expert level. I will give you Brainiest and the bonus. Thank You
Business
1 answer:
Nookie1986 [14]3 years ago
5 0

2. Athletes Sacrifice a Lot

Professional athletes sacrifice important aspects of their lives, especially their health and family. For instance, during each season of any professional sport, there are away games that keep players from their families. More significant, though, is that players put their bodies in danger daily. Physical injury can leave professional athletes handicapped or disabled for the rest of their lives; NFL players who experience multiple concussions can suffer from progressive degenerative disease that causes dementia and depression.

Additionally, while most teenagers or college-age students spend their free time studying, working or hanging out, student athletes aiming to qualify for the pros spend all of their free time training. Thus, professional athletes’ salaries are a fair compensation for the countless time and energy they put into training and the huge health risks they take, especially considering that their careers typically end around the age of 35.

Franchise Players Sell More Tickets

Professional sports is a money-earning business. Sports teams know that to stay profitable they need to win, which is why they sign the best players available. Quality superstars, or “franchise players,” are the face of the team, the on-court leaders. They make their teammates better, thereby improving the whole team (think Tom Brady, Kevin Durant, etc.). This leads to more wins and, in turn, more viewers, more merchandise sold and increased brand worth. Usually, a team has one franchise player, who makes a huge salary, arguably more than his projected value, since he drives the team’s business profitability forward.

The amount of money that team owners are willing to pay franchise players often comes at the expense of the other players. However, with fans willing to pay more than 100% premiums on tickets to see individual players, like LeBron James, franchise players have extra responsibility to live up to their star power. They also have the celebrity effect, which draws more paying fans in. Therefore, they deserve to earn more.

Athletes Don’t Get Paid As Much As We Think

While the highest paid athletes draw more attention, the truth is that most athletes are fairly paid. Plus, we tend to forget that published professional athletes’ salaries are gross salaries. While these may seem huge, so are the deductions from them. Aside from federal, state and city taxes and pension, which everyone pays, players also need to pay agent fees, a $10,000 union due, and a Jock Tax for each of their away games, among others. Sure, their net salaries may be higher than ours, but they are still lower than we tend to think and much lower than what is published. For instance, Stephen Curry’s and LeBron James’s net salaries are “only” $15.2 and $16.7 million, respectively, which is much lower than the $34.6 and $32.8 million per year we all think they make.

Why they shouldn't be paid as much:

It Threatens the Future of Sports

In 2016, the average annual income for a US household was $57,617 while the average income of a professional athlete in the major leagues was between $2.1-$6.5 million. The rising gap between the average American’s income and a professional athlete’s income might pose a serious threat to sports. With ticket prices gradually rising, not to mention merchandise price tags, sports fans might feel resentful toward funding overpaid athletes. If so, they’ll stop paying to watch or support professional sports teams, leaving the industry in the lurch.

It Diminishes the True Meaning of Sports

The large amounts of money invested in professional sports in recent years has the potential to drain the true meaning from sports. Given athletes’ large salaries, more youngsters want to become professional athletes – but for the big money, not for the love of the game. This change in purpose has a negative impact on athletes’ ambition to play. Take Albert Haynesworth of the Washington Redskins. Once he signed a $100 million contract with a $44 million guarantee, he had his worst season ever; it seemed like he simply lost interest in the game. Professional athletes competing for money rather than for excellence will take the soul and magic out of sports, ruining it in the long run – for athletes and for fans.

3. Article 1, Section 6, of the Florida Constitution sets forth everyone's right to work in our state. This means that an employer cannot refuse to hire, or terminate you, just because you do not want to pay and participate in a union. ... You have a right to work which is unaffected by union membership.

I personally have nothing against this because I think it is something that benefits more than anything! Also, recent Gallup polling finds Americans support right-to-work laws by a 71 percent to 22 percent margin—better than 3 to 1. Independents support right-to-work laws 77 percent to 17 percent, Republicans support them 74 percent to 18 percent, and Democrats support them 65 percent to 30 percent.

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ahrayia [7]

In 2005, bankruptcy reform laws:

A: made student loans dischargeable in bankruptcy

B: required debtors to pay more of their debts in bankruptcy

Answer:

B: required debtors to pay more of their debts in bankruptcy

Explanation:

The Bankruptcy Abuse Prevention and Consumer Protection Act (BAPCPA) which was passed in 2005, reviewed the bankruptcy process in America.

This law was reviewed because it wanted to prevent abuse of the bankruptcy process.

Therefore, In 2005, bankruptcy reform laws required debtors to pay more of their debts in bankruptcy.

6 0
3 years ago
Which of the following is the most important competitive factor in determining a company's ability to secure contracts to supply
Bogdan [553]

The company's price offer is the most important competitive factor in determining a company's ability to secure contracts to supply private-label footwear to large multi-outlet retailers of athletic footwear in a particular geographic region.

The S/Q ratings of both branded and private-label footwear manufactured at each production plant can be raised through TQM/Six Sigma quality control systems and best practices training.

Five things affect the S/Q rating: The following factors should be taken into account: (1) current-year spending per footwear model for new features and styling; (2) the percentage of superior materials used; (3) current-year expenditures for Total Quality Management (TQM) and/or Six Sigma quality control programs; (4) cumulative expenditures for TQM/Six Sigma quality control efforts (to reflect learning and experience curve effects); and (5) current-year and cumulative expenditures to train employees in using the best practices to assemble athletic footwear.

Know more about S/Q ratings click:

brainly.com/question/29618461

#SPJ4

7 0
1 year ago
Why is it that restaurants have been so slow in adopting analytics
nexus9112 [7]

Answer:

the restaurant industry has been slow to adopt data analytic. Rising food and labor costs are also forcing restaurants to become more efficient.Technology must and is playing a key role to optimize the bottom line and provide a great guest experience

Explanation:

25% of those restaurants surveyed indicated they plan to spend more money and time on technology in 2016. While 4 out of 5 of these same participants also admitted that technology makes them better by: increasing sales, improved productivity, and provides a competitive advantage.

Based on the survey responses mentioned above, there seems to be a high level awareness that technology and best practices will bring real value to a restaurant’s operations; but then perhaps a gap that leads to inaction when it comes to purchasing and implementing technology. When it comes to technology solutions designed to improve your pre-employment, onboarding, tax credit screening, I-9, and unemployment management process, Equifax can serve as a resource by providing best practices, resources, and solutions to help solve for your challenges.

4 0
3 years ago
FORco, a country F corporation, wants to open a sales office in the United States. FORco does not form a U.S. subsidiary, but in
wariber [46]

Answer:

C. Subject to 30% withholding tax under the Branch Interest Withholding tax rules.

Explanation:

Options are <em>"A. No interest withholding as the interest is deemed paid by the foreign corporation, since the U.S. branch is not a U.S. corporation. B. No interest withholding tax since the recipient of the interest is a foreign corporation. C. Subject to 30% withholding tax under the Branch Interest Withholding tax rules. D. Subject to 15% withholding tax under the Branch Profits tax rules. Reset Selection"</em>

The interest payment will be subject to 30% withholding tax under the Branch Interest Withholding tax rules. Interest paid by a branch's U.S. trade or business, is considered U.S. source income and is subject to U.S. withholding tax at a rate of 30%, unless the tax is reduced or eliminated by a specific treaty or Code provision.

6 0
3 years ago
Stock in Daenerys Industries has a beta of 1.2. The market risk premium is 6 percent, and T-bills are currently yielding 4.9 per
kobusy [5.1K]

Answer:

The best estimate of the company’s cost of equity is 12%

Explanation:

Estimate of the company’s cost of equity = (Required Return as per Capital Asset Pricing Model + Cost of Equity) / 2

Required Return as per Capital Asset Pricing Model = Risk Free rate + Market Risk Premium * Beta

= 4.9 % + ( 6% * 1.2)

= 0.049 + 0.06 * 1.2

= 0.049 + 0.072

= 0.1210

= 12.10%

Cost of Equity = (Expected Dividend/Price) + Growth Rate

= [( $ 1.30 * 1.08) / $ 36] + 8%

= 0.039 + 0.08

= 0.1190

= 11.90%

The best estimate of the company’s cost of equity = (12.10 % + 11.90 % )/ 2

=  24% / 2

= 12%

Hence, the best estimate of the company’s cost of equity is 12%

6 0
4 years ago
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