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Baseball IP, or intellectual property, holds significant value in the world of sports and entertainment. It includes trademarks, copyrights, and patents related to the sport of baseball, teams, players, and related merchandise. Protecting baseball IP ensures that the sport's unique identity and branding are preserved, and it also allows for the commercialization of products and services associated with baseball. This helps to maintain the integrity of the sport and its revenue streams, making it a crucial aspect of the industry.

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Q: What is the significance of baseball IP in the world of sports and entertainment?
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