A Reserve Clause Binds a Professional Athlete to a Sports

question 34

Multiple Choice

A reserve clause binds a professional athlete to a sports franchise even if the player does not have a contract with the team that retains the rights to the player.In other words,the player can only play for a single team and other teams may not bid for the player's services even in the absence of a contract.Major League Baseball was forced to outlaw reserve clauses in 1975.As a result of the ban,we would expect that

• A) major league teams would have less incentive to train minor league players.
• B) minor league players would be paid more.
• C) players in the major leagues would be paid less than their marginal product.
• D) players in the major leagues would be paid more than their marginal product.

---

Definitions:

Networking Opportunities

Chances for individuals to meet and interact with others in their field or industry to exchange information and develop professional or social contacts.

Support

The act of providing assistance, encouragement, or resources to individuals or groups.

Vision

A statement or concept relating to the future direction or ultimate goals of an individual, organization, or company, expressing long-term objectives.

Values

Fundamental beliefs or standards of behavior that guide decisions and actions by expressing what is important and worthwhile.