Franchise (sports)
Professional sports leagues are organized in numerous ways. The two most significant types are one that developed in Europe, characterised by a tiered structure using promotion and relegation to determine participation in a hierarchy of leagues or divisions and a North American originated model characterized by its use of franchises and closed membership. Both these systems remain most common in their area of origin, although both systems are used worldwide.
Read more about Franchise (sports): Etymology, Structure of North American Leagues, Structure of European Leagues, Systems Around The World
Famous quotes containing the word franchise:
“Many famous feet have trod
Sublunary paths, and famous hands have weighed
The strength they have against the strength they need;
And famous lips interrogated God
Concerning franchise in eternity....”
—Philip Larkin (1922–1986)