Professional Sports League Organization
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High Quality Content by WIKIPEDIA articles! High Quality Content by WIKIPEDIA articles! Professional sports leagues are organized in numerous ways. The most common are those in the North American mode and those in the European mode. Generally, the North American structure is characterized by its use of franchises and closed membership; the European structure is characterized by its use of promotion and relegation. Professional sports leagues in North America are 'closed corporations' limited to a fixed number of teams, known as "franchises". Only a vote of the existing constituent franchises c...
High Quality Content by WIKIPEDIA articles! High Quality Content by WIKIPEDIA articles! Professional sports leagues are organized in numerous ways. The most common are those in the North American mode and those in the European mode. Generally, the North American structure is characterized by its use of franchises and closed membership; the European structure is characterized by its use of promotion and relegation. Professional sports leagues in North America are 'closed corporations' limited to a fixed number of teams, known as "franchises". Only a vote of the existing constituent franchises can admit more teams; when this is done, a new franchise place is put up to bid among would-be owners. With a few exceptions, these franchises enjoy geographical monopolies in particular franchise locations.
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