What is the purpose and function ofsport antitrust laws?$2.$ Provide an example of antitrust appliedin the sport context$\mathrm{.}3.$ What is the value of free agency to aplayer?$4.$ Why do some professional sportsleagues impose salary caps on theirplayers?$5.$ Why is Major League Baseball the onlyprofessional sports league that has anexemption from the antitrust laws?$6.$ What is the difference between an anti$-$trust exemption and a labor exemptionand how does that affect the way aprofessional sports league operates?$7.$ Under what circumstances is the NCAAmost likely not subject to the antitrustlaws? Provide a hypothetical example.