This book takes an in-depth look at the economics and finance of
professional team sports, with a strong focus on applied analysis and
performance measurement, to enable students, researchers, and
practitioners to develop their professional knowledge of contemporary
sport business.
It examines the key themes that define professional team sports today,
including the unique features of the team sport market place, the
operation of leagues, competitive balance, salary caps, draft systems,
income from broadcasting rights, the role of agents, and governance and
financial regulation. It analyses the functional aspects of sport
finance including where the money flows in and out, how to measure
performance holistically, and how to interpret the financial performance
of professional sport teams. It also covers emerging and disruptive
forces that may shape the market in the future. It includes real- world
cases and data in every chapter, including sports from football to
Formula 1 and the NFL to the NBA, covering both established and emerging
markets around the world. No other book offers such an up-to-date and
practical guide to the most important sector of international sport
business.
This book is essential reading for courses in sport finance and
economics, sport business, sport media and marketing, international
business, or the economics of service and entertainment industries, and
invaluable reading for any sport business professional looking to
improve their professional skills.
Daniel Plumley is Principal Lecturer in Sport Finance in the Department
of Finance, Accounting and Business Systems in the Sheffield Business
School at Sheffield Hallam University, UK. His research interests
include performance measurement in professional team sports, the
economics and finance of professional team sports, and competitive
balance in professional team sports.
Rob Wilson is Head of Department in Sheffield Business School's
Department of Finance, Accounting and Business Systems, and member of
the Social and Economic Research Institute at Sheffield Hallam
University, UK specialising in the finance and economics of the sport
business industry.
