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.

Sport has enjoyed steadily increasing prominence and economic importance since the Millennium. But threats to its integrity appear to have grown in parallel, undermining the very sense of innocence and fun which is an important part of its appeal. Threats to the spirit of sport come from internal, external and even state actors, who seek either to manipulate events on the field or to exploit the institutions of sport for their own ends. As the reputation of sport becomes more tarnished as a result, its sustainability as a significant part of the entertainment industry is called into question and loss of reputation may even result in decline in recreational play. In this wide-ranging collection of essays, the international team of contributors explores the structural economic sources of the problems that beset sport and address the question of ‘what is to be done?’ through economic reasoning. Specific topics covered include doping, match-fixing for betting or sporting gain, the role of forensic statistics in detecting nefarious activity, issues related to club ownership, corruption in the awarding of mega-events and within sports governing bodies, and the role of the law and the Court of Arbitration for Sport. In the final chapter, the Editors pull together the various strands and propose that policy to mitigate the threat to fair play should be built around two themes: improving sports governance and designing incentives to help actors in sport choose honest over manipulative behaviour. The book will appeal to practitioners from sport management as well as to academics including students and researchers.

Exploring why professional team sport clubs are almost always able to survive despite financial mismanagement, inflated player salaries and persistent deficits, this book provides new evidence on how to explain this phenomenon. It looks at the context in which many clubs operate – the soft budget constraint – and how the clubs in this respect resemble state-owned enterprises in socialist countries or big banks in financial crises.

International Perspectives on the Management of Sport is the first multi-contributed book that addresses the various aspects of sport management by some of the most brilliant experts throughout the world. Drawing on the knowledge of international sport management gurus, this book provides cutting-edge ideas from those at the forefront of the industry. A particular emphasis is placed on the rapidly evolving fields of Organizational Theory and Economic Policy and their relation to sport. Contributors include Wladimir Andreff, Laurence Chalip, Jean-Loup Chappelet, Packianathan Chelladurai, Rodney Fort, Bill Gerard, Dennis Howard, Trevor Slack and many others.

This book is unique in offering the first truly rigorous application of economic principles to the subject of professional team sports.

Now available in paperback, this vital handbook marks the development of sports studies as a major new discipline within the social sciences. Edited by the leading sociologist of sport, Eric Dunning, and Jay Coakley, author of the best selling textbook on sport in the USA, it both reflects and richly endorses this new found status. Key aspects of the Handbook include: an inventory of the principal achievements in the field; a guide to the chief conflicts and difficulties in the theory and research process; a rallying point for researchers who are established or new to the field, which sets the agenda for future developments; a resource book for teachers who wish to establish new curricula and develop courses and programmes in the area of sports studies. With an international and inter-disciplinary team of contributors the Handbook of Sports Studies is comprehensive in scope, relevant in content and far-reaching in its discussion of future prospect.

"The Oxford Handbook of Sport and Society features leading international scholars' assessments of scholarly inquiry about sport and society. Divided into six sections, chapters consider dominant issues within key areas, approaches (theory and method) featured in inquiry, and debates needing resolution. Part I: Society and Values considers matters of character, ideology, power, politics, policy, nationalism, diplomacy, militarism, law, ethics, and religion. Part II: Enterprise and Capital considers globalization, spectacle, mega-events, Olympism, corruption, impacts on cities, communities, and the environment, and the press of leadership cultures, economic imperatives, and marketing. Part III: Participation and Cultures considers questions of health and well-being, violence, the medicalization of injury, influences of science and technology, substance use and abuse, the roles of coaching and emotion, challenges of child maltreatment, climates for scandal and athlete activism, and questions over animals in sporting competition. Part IV: Lifespan and Careers considers child socialization, youth and elite athlete development, the roles of sport in education and social mobility, migratory sport labor practices, arcs defining athletic careers, aging, and retirement, and emergent lifestyle sport cultures. Part V: Inclusion and Exclusion considers sport's role in social inclusion and exclusion, development and discrimination, and features treatments of race and ethnicity, indigenous experiences, the intersection of bodily ideals, obesity, and disability, and the gendered impacts on masculinities, femininities, and non-binary experience. Part VI: Spectator Engagement and Media considers sporting heroism and celebrity, fandom and hooliganism, gambling and match-fixing, and the influences of sport journalism, television and film treatments, advertising, and new media"--

This book explores the contemporary dynamics of European football’s political economy, mapping the various market and regulatory forces that shape its current position and development. Offering a conceptual framework for understanding political economy as applied to the study of football, this book presents in-depth case studies from Central and Eastern Europe – a region largely underexplored in the research literature – that enable the reader to gain a sense of the rich history and diversity of the economic and social contexts in which European football is shaped. The first part of this book sets out the market structure of football in Europe and considers how key trends of globalisation and hypercommercialisation have been addressed through attempts to incentivise and regulate the football market. It presents a theoretical framework for political economy in football and explores key issues including football and economic development; UEFA’s ‘Financial Fair Play’ regulations; sponsorship in football; and the socio-economic conditions of hooligan violence. The second part of the book looks more closely at Central and Eastern Europe. Presenting case studies of aspects of political economy in football in Romania, Poland, East Germany, Austria and Hungary (including development of the women’s game), this book shows how the economic development of European football has been uneven, not only subject to global trends but also dependent on local historical, political, economic and organisational conditions. Opening up new perspectives on the complex interactions between states, sports organisations, markets and society, this book will be fascinating reading for anybody with an interest in football, the history, politics or business of sport, or political economy as a field of scholarly enquiry.

Sports now constitute one of the most valuable forms of broadcast entertainment in today’s lucrative international market. This textbook explains the economics underlying the sports broadcasting phenomenon. The specific regulatory culture governing sports broadcasting means that the financial economy of this area has many unique features. The Economics of Sports Broadcasting provides an accessible, detailed introduction to all aspects of economics in this fascinating area. The book contains a wealth of textbook features and has been written and designed to facilitate student learning. It includes: questions of ownership, trade and commodity in sport the historical context for contemporary sports broadcasting the key players – viewers, TV channels, sponsors, clubs, event owners and authorities the regulations governing televised sport the international context for broadcast sport competition and game theory in sports broadcasting sports broadcasting’s changing landscape of ownership and supply channels. This book will be useful for courses in media and broadcasting, economics, sport management and sports development.

The editors of The SAGE Handbook of Sports Economics have brought together a global team of respected scholars to create this benchmark collection of insights into the field of sports economics.