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Stock impact report

San Diego Wave Lawsuit Versus Ellis Exposes Gap In NWSL Commissioner Authority [Forbes]

Liberty Media Corporation - Series A Liberty Braves (BATRA) 
US:NASDAQ Investor Relations: ir.libertymedia.com/stock-information
Company Research Source: Forbes
Commissioner Authority Historically The first commissioner in professional sports was baseball's Kennesaw Mountain Landis. He was appointed in 1920 to respond to the Black Sox scandal in which players on the Chicago White Sox were found to have thrown the 1919 World Series in exchange for payments from mobsters. From that hiring on, the role of the commissioner in sports has been understood as one having broad authority to govern the sport according to what the commissioner believes to be in the sport's best interests. Indeed, courts have regularly rejected challenges to decisions made by the MLB Commissioner. In 1931, the Northern District of Illinois dismissed a suit from the then-minor league Milwaukee Brewers challenging Landis' rejection of an optional player contract between the St. Louis Browns and the Brewers, holding that “the commissioner acted clearly within his authority.” In 1977, the Northern District of Georgia held that Commissioner Bowie Kuhn had the authority to Show less Read more
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