I have a question regarding collective nouns that I've been unable to get a definitive answer from google searches and searches on the forum. For collective nouns such as New York Yankees and the White Stripes both refer to a group of people. Is it that both should use a singular verb when the sentence states that the subject is doing something as unit and both should use a plural verb when the sentence states that the subject is doing something individually?
For example:
1. The White Stripes have put away their instruments (plural as individuals)
2. The White Stripes has finished playing (singular as a unit)
Is this correct or should the collective nouns always have a singular verb?