Describe the common sources of revenue for professional sports teams.

Prior to beginning work on this discussion forum, read the assigned articles/reading resources for the week.Describe the common sources of revenue for professional sports teams. Why is each source so important to the operations of the teams? How do teams try to manipulate the sources of revenue for increased profit? Sum up your ideas in 200-250 words.REQUIRED READING ARTICLES: Berri, D. J., Leeds, M. A., & von Allmen, P. (2015, February 1). Salary determination in the presence of fixed revenues. International Journal of Sport Finance, 10(1), 5-25. Retrieved from http://fitpublishing.com/journals/ijsfThe full-text version of this article is available through the ProQuest database Ashford University Library. This article provides information about fixed revenues in the National Basketball Association and player compensation, and compensation in professional sports and will assist you with the discussion and assignment requirements for this week.Chass, M. (2014, January). Two arbitration rulings, reflecting how baseball has changed. New York Times. Retrieved from https://www.nytimes.com/The full-text version of this article is available through the Proquest database Ashford University Library. This article provides information about Major League Baseball, arbitration, player conduct, and the implied change in Major League Baseball, and will assist you with the discussion and assignment requirements for this week.Evans, J. M. (2017). We have come full circle: Where sports franchises derive their revenue. The Entertainment and Sports Lawyer, 33(4), 12-21. Retrieved from https://www.americanbar.org/groups/entertainment_sports/publications/entertainment-sports-lawyer/The full-text version of this article is available through the ProQuest database Ashford University Library. This article provides information about professional sports, the need for revenue generation, and revenue sources, and will assist you with the discussion and assignment requirements for this week.Heitner, D. (2018). What if Kaepernick is correct?: A Look at the collusion criteria in professional sports (Links to an external site.). Harvard Journal of Sports and Entertainment Law, 9(2). Retrieved from https://harvardjsel.com/wp-content/uploads/2018/06/HLS204.pdf (Links to an external site.)This article provides information about professional sports, player conduct, league/team policies and will assist you with the discussion and assignment requirements for this week.Accessibility Statement does not exist.Privacy Policy does not exist.LeRoy, M. (2012, March 1). The narcotic effect of antitrust law in professional sports: How the Sherman Act subverts collective bargaining. Tulane Law Review, 86(4), 859-899. Retrieved from https://www.tulanelawreview.org/The full-text version of this article is available through the EBSCOhost database in the Ashford University Library. This article provides information about the relationship between collective bargaining and antitrust litigation in the five major sports, and will assist you with the discussion and assignment requirements for this week.Yavner, R. (2014). Minor league baseball and the competitive balance: Examining the effects of baseball’s antitrust exemption (Links to an external site.). Harvard Journal of Sports & Entertainment Law, 5(2), 265-317. Retrieved from https://harvardjsel.com/wp-content/uploads/sites/9/2014/11/Yavner.pdfThe full-text version of this article is available through the EBSCOhost database in the Ashford University Library. This article provides information about minor league baseball, arbitration, and the impact of the lack of application of antitrust law in the baseball minor leagues, and will assist you with the discussion and assignment requirements for this week.