You have been asked to consult for an entrepreneur who is assembling investors for a new professional

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You have been asked to consult for an entrepreneur who is assembling investors for a new professional sport league. A critical decision for the league will be whether to organize under a single-entity structure or a franchisor/franchisee model.
case questions:
1. Briefly describe how each structure works and explain the financial advantages and disadvantages of each structure.
2. How have these structures helped or hindered leagues in the past and present? Cite specific examples from existing leagues to support your answer.

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