Sports franchise definition

Sports franchise means the contractual right granted to any person or persons to own or operate a
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Sports franchise means a professional or semi-professional sports franchise, including, but not limited to, a franchise of the National Football League, the National Hockey League, the National Basketball Association, the National League or American League of Major League Baseball, Minor League Baseball, Major League Soccer, the North American Soccer League, or the promoter of a signature event sanctioned by the National Association for Stock Car Auto Racing.
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Sports franchise means a person or persons, sole proprietorship, corporation, limited liability company, partnership, or association that has been granted the contractual right to own or operate a professional sports team, or host a professional sporting event, in a specified location.
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Examples of Sports franchise in a sentence

  • NoIf yes, please provide the relevant legal/regulatoryprovisions: n/a3.6. Other.NoIf yes, please provide the relevant legal/regulatoryprovisions: n/a4.

  • Bolin, in August 2012, sent Schwinghammer a list of Supercuts franchisees, who were not located in Minnesota, for Schwinghammer to contact for further information on the Pro-Cuts Sports franchise opportunity.

  • SJK’s records show that the Special Opportunities Fund invested a total of $225,000 into the franchise.7To date, the Velocity Sports franchise has not generated a profit.


More Definitions of Sports franchise

Sports franchise means the contractual right granted to any person or persons to own or operate a sports team in a specified location.
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Sports franchise means the contractual right granted to any person or persons to own or operate a team that is a part of the National Hockey League or National Basketball Association in a specified location.
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Sports franchise means the contractual right granted to any person or persons to own or operate a team which is part of the National Hockey League or National Basketball Association in a specified location. For purposes of calculating corporate income tax revenues, pass-through entity tax revenues, personal income tax revenues, sales tax revenues, and those tax revenues described in subsection B
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Related to Sports franchise

  • Franchise means a written contract or agreement between two or more persons whereby one

  • Campground means that term as defined in section 12501 of the public health code, Act No. 368 of the Public Acts of 1978, being section 333.12501 of the Michigan Compiled Laws, except that campground does not include land or sites operated by this state or the federal government, and does not include a membership campground.

  • Liquor store means a retailer, as defined in section 111 of the Michigan liquor control code of 1998, 1998 PA 58, MCL 436.1111, that is exclusively or primarily engaged in the sale of alcoholic liquor. The term does not include a retailer that is a retail food store.

  • Stores means the goods specified in the Supply Order or schedule which the supplier / contractor has agreed to supply under contract.