4th Edition

Financial Management in the Sport Industry

724 Pages 24 Color & 7 B/W Illustrations
by Routledge

724 Pages 24 Color & 7 B/W Illustrations
by Routledge

724 Pages 24 Color & 7 B/W Illustrations
by Routledge

Now, in a fully revised and updated new edition, this textbook introduces the fundamentals of sport finance and the principles of sound financial management in the sport industry. Covering the topic from the perspective of the sport management practitioner, this book begins by introducing the basics of finance and the tools and techniques of financial quantification, using examples from the... Read more

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

Matthew T. Brown and Tom H. Regan

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

Part IV: Financial attributes of select sport industry segments

13 Public sector sport

Matthew T. Brown

14 College athletics

Matthew T. Brown

15 Professional sport

Mark S. Nagel

16 International sport finance

Nicholas M. Watanabe

Appendix: Time value of money tables

Matthew T. Brown, Daniel A. Rascher, Mark S. Nagel, and Chad D. McEvoy

Biography

Matthew T. Brown is Professor and Chair for the Department of Sport and Entertainment Management at the University of South Carolina, USA. He has served as the Chief Financial Officer of the Southern Ohio Copperheads, Treasurer of the Board of Directors of the Southern Ohio Collegiate Baseball Club, and Treasurer of the North American Society for Sport Management. In 2018, he received the Garth Paton Distinguished Service Award from the North American Society for Sport Management.

Daniel A. Rascher is Academic Director and Professor in the Sport Management Program at the University of San Francisco, USA. He has been named Research Fellow of the North American Society for Sport Management and is the Founder and President of SportsEconomics, LLC. He has also served on the editorial boards of a number of sport management journals, including Case Studies in Sport Management, Journal of Sport Management, and Sport Management Review.

Mark S. Nagel is Professor in the Department of Sport and Entertainment Management at the University of South Carolina, USA, and is an adjunct faculty member at the University of San Francisco and St. Mary’s College of California. He has served as Treasurer for the North American Society for Sport Management and the Sport and Recreation Law Association, and has served as the Associate Director of the College Sport Research Institute since its creation in 2006.

Chad D. McEvoy is Professor and Dean of the College of Applied Science and Technology at Illinois State University, USA. He served as President of the Sport Marketing Association and was Founding Editor of Case Studies in Sport Management. His professional affiliations include the North American Society for Sport Management and the Sport Marketing Association. He has authored several textbooks in the sport management discipline, and his research has been featured in more than 100 media outlets.