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As the sports business continues to evolve, so does the field of Sport Finance and Management. The first edition of this book provided an in-depth exploration of the dynamic changes within the sports industry, including the interconnected financial relationships between teams and their associated businesses, the influence of fan loyalty, and the impact of sponsorships on team revenues. Building on this foundation, the second edition updates these core elements, introduces new case studies, and examines the effects of changes in facility design, media opportunities, and league and conference policies. These factors are analyzed in relation to their impact on the economic success of teams, the salaries of professional players, and the financial landscape of collegiate athletics. This latest edition goes even further, incorporating discussions on emerging topics such as women's sports and sports betting. It also addresses the significant transformations the industry has experienced in recent years, offering a comprehensive and timely perspective on the evolving world of sports finance and management.
Jason A. Winfree, PhD, is a Professor at the University of Idaho, Moscow, USA. Mark S. Rosentraub, PhD, is the Bruce and Joan Bickner Endowed Professor of Sport Management, Emeritus, School of Kinesiology at the University of Michigan, Ann Arbor, USA. Mackenzie P. Zondlak, MBA, is a Vice President at Morgan Stanley, New York, USA. Jeffrey Carr, PhD, is a post-doctoral fellow at the Center for Sport & Policy, the University of Michigan.
1. Sports Finance and Economics Today 2. Ownership and the Emergence of Team Sports 3. Financial Statements, Revenues, and Costs 4. Placemaking, Sport Venues & The Fan Experience 5. Financing Sport Venues 6. Sports Venue & Asset-Anchored Real Estate Development 7. Media, Entertainment, and Sport Management 8. What Is A Team Worth? 9. Demand & The Sport Business: Customers' Changing Expectations 10. Pricing Strategies 11. Capital Budgeting and Team Investments 12. League/NCAA Policies and Taxes 13. Facility Management: Public Authorities/Corporations and Real Estate Development 14. From Theory to Practice: Case Studies
