ESPN Has Developed a Unique Connection with Commercial Sports

question 9

Multiple Choice

ESPN has developed a unique connection with commercial sports.This is illustrated by the fact that

• A)ESPN sponsors more athletes than Nike does.
• B)ESPN has the contract to televise all NFL games through 2025.
• C)25% of all cable channel revenue in the U.S.goes to ESPN.
• D)men spend more time watching ESPN than all other channels combined.

---

Definitions:

Loss

The negative financial result from a business's operations when costs exceed revenues.

Issuing Bonds

The process by which a company or government raises capital by selling bonds to investors, incurring debt that must be repaid over time with interest.

Stockholders

Individuals or institutions that own at least one share of a company's stock, essentially owning a portion of the company.

Tax Deductible

Refers to expenses that can be subtracted from gross income to determine taxable income, thereby reducing the overall tax liability.