| A | B |
|---|
| Organizational charts | designed to illustrate the chain of command and hierarchy within an organization. |
| Agents | represent athletes and entertainers in negotiations. |
| Agents | paid a percentage of client’s earnings |
| Handlers | deal with difficult athletes or entertainers |
| Collective bargaining | b. Gives players the right to organize, use the agent of choice and protect themselves |
| collective bargaining agreement | includes salary, insurance, length of contract and restrictions of certain activities and behaviors |
| Free agency | allows players to explore options of moving to another team with little or no financial penalty |
| Salary caps | limit the amount a team may spend on contracts |
| Luxury tax | paid by teams that exceed the salary cap. |
| Employees | the “face” of the organization |
