Financial management in the sport industry

Table of Contents
Part I: Finance Basics



1 Introduction to Sport Finance

Matthew T. Brown

2 Analyzing Financial Statements and Ratios

Chad D. McEvoy

3 Risk

Matthew T. Brown

4 Time Value of Money

Mark S. Nagel



Part II: Financial Management



5 Introduction to Financial Management

Mark S. Nagel

6 Budgeting

Tom H. Regan and Matthew T. Brown

7 Debt and Equity Financing

Daniel A. Rascher

8 Capital Budgeting

Matthew T. Brown



Part III: Application of Financial Management in Sport



9 Facility Financing

Daniel A. Rascher

10 Valuation

Daniel A. Rascher

11 Feasibility Studies

Daniel A. Rascher

12 Economic Impact Analysis

Daniel A. Rascher

13 Public Sector Sport

Matthew T. Brown



Part IV: Financial Attributes of Select Sport Industry Segments



14 College Athletics

Matthew T. Brown

15 Professional Sport

Mark S. Nagel

16 International Sport Finance

Nicholas M. Watanabe

Now in a fully revised and updated third edition, this essential textbook introduces the fundamentals of sport finance and sound financial management in the sport industry. It is still the only textbook to explain every aspect of finance from the perspective of the sport management practitioner, explaining key concepts and showing how to apply them in practice in the context of sport.

The text begins by covering finance basics and the tools and techniques of financial quantification, using industry examples to apply the principles of financial management to sport. It then goes further, to show how financial management works specifically in the sport industry. Discussions include interpreting financial statements, debt and equity financing, capital budgeting, facility financing, economic impact, risk and return, time value of money, and more. The final part of the book examines financial management in four sectors of the industry: public sector sport, collegiate athletics, professional sport, and international sport. It provides an in-depth analysis of the mechanics of financial management within each of these sport sectors. Useful features, such as sidebars, concept checks, practice problems, case analysis and case questions will help students engage more deeply with financial techniques and encourage problem-solving skills. This new edition includes a completely new chapter on international sport, reflecting the globalized nature of the modern sport industry, as well expanded coverage of current issues such as digital media finance, recent legal cases affecting collegiate sport, and the central importance of collective bargaining.