1.) Professional sport teams' ability to depreciate the purchase price of the team has advantages related to which of the following? c.) CBA negotiations e.) None of a.) Tax benefits the above b.) Stadium financing d.) All of the above 2.) (True or False). When Bob Kraft bought the Patriots in 1994, he was able to depreciate the purchase price of his team for 15 years. a.) True b.) False 3.) occur when a party not directly involved in a transaction receives unintended consequences (positive or negative) from the transaction. c.) Roster depreciation allowances e.) a.) Controlling interest premiums All of the b.) Externalities above above d.) None of the 4.) True or False: Economic impact studies have generally found evidence of increases in property value in the communities surrounding new sport facilities (e.g., stadiums, arenas, etc.). a.) True b.) False 5.) Which of the following is a benefit of a new sport facility (e.g., stadium, arena)? a.) Increased attendance c.) New facilities better equipped for sponsorship b.) Greater number of luxury boxes d.) All of the above are benefits of a new facility