Money in Sports

Economics Of Sport

This set of questions explores how money works in the world of sports, covering topics like player salaries, ticket prices, and sponsorships.

sports economics money salaries sponsorships tickets

18 Questions Medium Ages 9+ Apr 16, 2026

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About this Study Set

This study set covers Economics Of Sport through 18 practice questions. This set of questions explores how money works in the world of sports, covering topics like player salaries, ticket prices, and sponsorships. Every question includes the correct answer so you can learn as you go — pick any format above to get started.

Questions & Answers

Browse all 18 questions from the Money in Sports study set below. Each question shows the correct answer — select a study format above to practice interactively.

1 What is the name for the money that professional athletes earn for playing their sport?

A Prize money
B Endorsement fees
C Ticket revenue
D Player salaries

2 When a company pays a sports team or athlete to advertise their products, what is this called?

A Merchandise sales
B Broadcasting rights
C Sponsorship deal
D Concession income

3 What do sports teams often charge fans to watch games in stadiums or arenas?

A Player contracts
B Merchandise
C Ticket prices
D Concession stands

4 Which of these is a way sports teams make money from selling items like jerseys and hats with their logo on them?

A Player transfers
B Broadcasting deals
C Merchandise sales
D Sponsorship fees

5 When a TV channel pays a lot of money to show live sports events, what are they buying?

A Fan loyalty
B Broadcasting rights
C Stadium naming rights
D Player wages

6 Some stadiums are named after companies. What is this kind of deal called?

A Player draft
B League championship
C Stadium naming rights
D Governing body fee

7 What is the term for when a sports league sets a limit on how much money a team can spend on player salaries?

A Transfer window
B Salary cap
C Playoff system
D Draft lottery

8 Which of these is a major source of income for many popular sports leagues worldwide?

A Club member fees
B Government grants
C International broadcasting deals
D Player training fees

9 When a famous athlete is paid to appear in advertisements for products, what is this income known as?

A Transfer fees
B Match bonuses
C Endorsement deals
D League revenue

10 What do sports teams sometimes do with their star players if they want to get money for them to play for another team?

A Trade them
B Release them
C Send them to training camp
D Offer them retirement

11 The money earned from selling food and drinks at sporting events is called:

A Ticket sales
B Merchandise revenue
C Concession income
D Sponsorship money

12 What is a 'franchise fee' in professional sports leagues?

A Money paid to players for scoring goals
B Money paid by a new team owner to join the league
C Money earned from selling team souvenirs
D Money given to charity by the league

13 Which of these is a way for a sports league to increase its overall income?

A Reducing player wages
B Increasing ticket prices
C Reducing the number of games played
D Selling fewer broadcasting rights

14 What is the term for the money a team receives when one of its players is moved to another team for a payment?

A Player bonus
B Transfer fee
C Performance award
D Signing bonus

15 When fans buy a season ticket, what are they usually paying for?

A Just one game
B All home games for the season
C Only practice sessions
D Team merchandise for free

16 Which of the following is a cost for a sports team?

A Ticket sales
B Sponsorship income
C Player salaries
D Merchandise profits

17 What is a 'collective bargaining agreement' in sports?

A An agreement between fans and the team about ticket prices
B An agreement between the league and players about pay and working conditions
C An agreement between sponsors and the league
D An agreement for a single game's broadcasting rights

18 Which economic concept explains why the best athletes often earn more money than others in the same sport?

A Supply and demand
B Inflation
C Scarcity
D Opportunity cost

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