Which of the following statement(s) is/are true? Major League Baseball is the only professional sport league exempt from antitrust laws. All professional sports leagues' national broadcasting agreements are exempt from antitrust laws. Professional sport leagues' collective bargaining agreements are exempt from antitrust law under the labor exemption. All of these are correct. None of these are correct.

Major League Baseball is the only professional sport league exempt from antitrust laws. THE SUPREME COURT AFFIRMED AN APPEALS COURT RESOLUTION EXEMPTING BASEBALL FROM THE SHERMAN ANTITRUST ACT BACK IN 1922.
All professional sports leagues' national broadcasting agreements are exempt from antitrust laws. THE SPORTS BROADCASTING ACT WAS PASSED IN 1961 IN RESPONSE TO THE SUPREME COURT RULING THAT NFL'S BROADCASTING AGREEMENTS VIOLATED THE ANTITRUST ACT. BASICALLY THE NEW LAW TURNED PREVIOUSLY ILLEGAL BROADCASTING AGREEMENTS INTO LEGAL AGREEMENTS.
Professional sport leagues' collective bargaining agreements are exempt from antitrust law under the labor exemption. TRUE