A bill to provide for the application of the Sherman Act to persons engaged in the business of organized professional team sports.

[AI summary unavailable — showing source text] States that the Congress finds that (1) it is more and more evident that organized professional sports, such as organized baseball, operate for profit, not for sport; (2) the owners and potential buyers of teams in organized professional sports have been intent on maximizing profits; and (3) the owners and potential buyers of teams in organized professional sports should abide by the same rules and not be exempt from the application of antitrust laws which apply to other business concerns. Applies the antitrust provisions of the Sherman Act to any person engaged in the business of providing for profit public games or contests between any teams of professional players.…