Player maginment

Question Answer
Backup: A player who plays a position but often doesn’t get into a game until the starter at that position is injured.
Small-market team: A professional sports team that does not earn much annual revenue compared to a big-market team.
Big-market team: A professional sports team that earns more annual revenue than a small-market team.
Draft: A formal process by which professional teams select amateur athletes to join their team.
Luxury tax: A penalty that a team, especially in Major League Baseball, must pay if they pay out a certain amount of money in player salaries in a given season.
Contract: A legal agreement between a team and a player in which the player is paid money in exchange for playing on the team.
Scouts: Talent evaluators for professional sports teams who scout, or research, amateur players who might one day become professionals.
Free agency: When a player has completed his present contract and is free to sign either with his existing team or a new team under a new contract.
Hometown discount: A savings that occurs when a star professional athlete signs a new contract with his existing team for less than his expected value in the free agent market.
Retirement: When a professional athlete decides he does not want to play any longer.
Trade: When players on two or more teams switch teams.
Roster: A list of players on a team..
Salary Cap: The annual dollar limit that a single team may pay all its players. The main purpose of a salary cap is to maintain competitiveness within a league

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