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The author states that while research has been done, this specific study is a new and unexplored way of developing a model for all professional sport teams to follow in order to maximize profitability. The author attempts to look at the professional sport industry as a whole rather than compared to an individual team or athlete.
In this particular study, the author wishes to consider the professional sport leagues with a market value of more than $100 million. By narrowing this down, the author is left with only four choices: National Basketball Association, the National Hockey League, the National Football League, and Major League Baseball...
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