The Economics and Finance of Professional Team Sports

This book provides an in-depth look at the economics and finance of professional team sports,with a strong focus on applied analysis and performance measurement. It examines key themes such as the team sport market place, leagues, competitive balance, salary caps, draft systems, broadcasting rights, agents, and governance and financial regulation. It also covers emerging and disruptive forces that may shape the market in the future.

Format: Paperback / softback
Length: 172 pages
Publication date: 23 December 2022
Publisher: Taylor & Francis Ltd

This comprehensive book delves into the intricate economics and finance of professional team sports, offering a deep exploration of applied analysis and performance measurement. Its primary goal is to empower students, researchers, and practitioners to enhance their professional knowledge of the contemporary sport business landscape.

The book begins by examining the fundamental themes that shape professional team sports in today's world. It explores the unique characteristics of the team sport market, including the operation of leagues, competitive balance, salary caps, draft systems, income from broadcasting rights, the role of agents, and governance and financial regulation. Furthermore, it analyzes the functional aspects of sport finance, encompassing the sources and flows of money, the holistic measurement of performance, and the interpretation of the financial performance of professional sport teams.

In addition to its theoretical framework, the book includes real-world cases and data from various sports, ranging from football to Formula 1 and the NFL to the NBA. It covers both established and emerging markets across the globe. By presenting these cases and data, the book provides a practical guide to the most important sector of the international sport business.

This book is an essential resource for courses in sport finance and economics, sport business, sport media and marketing, international business, and the economics of service and entertainment industries. It is invaluable for sport business professionals seeking to improve their professional skills and knowledge.

The author of this book, Daniel Plumley, holds the position of Principal Lecturer in Sport Finance within the Department of Finance, Accounting, and Business Systems at Sheffield Business School, Sheffield Hallam University, UK. His research interests revolve around performance measurement in professional team sports, the economics and finance of professional sports, and sports economics.

Weight: 300g
Dimension: 234 x 155 x 17 (mm)
ISBN-13: 9780367655662