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.

Autorentext

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.

Inhalt

Part I: Sport Economics, Theories and Concepts, 1. The Market Structure for Professional Team Sport, 2. League Structure, Uncertainty of Outcome and Competitive Balance, 3. Models of Professional Team Sport, 4. Profit and Utility Maximisation in Professional Team Sports, Part II: Functions of Economics and Finance in Professional Team Sports, 5. Revenue Generation and Cost Structure in Professional Team Sports, 6. Cost Structures in Professional Team Sports, 7. Holistic Performance Measurement in Professional Team Sport, 8. Financial Statements and Annual Reports in Professional Team Sports, 9. Interpreting Annual Reports in Professional Team Sports, 10. Ownership Structure, Governance, and Regulation in Professional Team Sport, 11. Managers and Agents in Professional Team Sports, Part III: Emerging Trends and Disruptive Forces, 12. Breakaway Leagues in Professional Team Sports, 13. Over the Top (OTT) Broadcasting Platforms and Commercial Shifts in Professional Team Sports, 14. Financing and the Rise in Private Equity in Professional Team Sports, 15. Governance, Ownership, and Regulation Reform in Professional Team Sports, 16. Esports in Professional Team Sport, 17. Cryptocurrency, Socios, NFTs and the Metaverse in Professional Team Sports