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Book Financial Management in the Sport Industry

Download or read book Financial Management in the Sport Industry written by Matthew T. Brown and published by Routledge. This book was released on 2021-04-07 with total page 554 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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. Financial Management in the Sport Industry is an essential textbook for any undergraduate or postgraduate course in sport finance, and an invaluable supplement to any course in sport business or sport management. It is also an important reference for all sport management practitioners looking to improve their understanding of finance. The book is accompanied by updated and expanded ancillary materials, including an instructor’s manual, PowerPoint slides, and an image bank.

Book American Sports Empire

Download or read book American Sports Empire written by Frank P. Jozsa and published by Bloomsbury Publishing USA. This book was released on 2003-01-30 with total page 274 pages. Available in PDF, EPUB and Kindle. Book excerpt: How did the professional baseball, basketball, football, and hockey leagues become the most successful sports organizations in the United States? Jozsa investigates the major leagues' histories with unparalleled depth and rigorous economic analysis. He marshals relevant data, facts, statistics that measure the performance of professional sports teams and players, the strategies of franchise owners, and the loyalties of fans. Delineating the development, maturation, and revitalization of the leagues throughout the 20th century, he highlights significant events and reforms of the era and discusses the future of sports leagues in the marketplace. Sports fanatics, casual fans, professional coaches and players, journalists, economists, administrators, and owners will discover a goldmine of information in this unique volume. Readers will learn about key owners, investors, coaches, managers, and players of teams that won divisions, conference titles, and league championships from the 1950s through the 1990s. The book includes information on attendance, operating incomes, payrolls, win-loss percentages, and the estimated market value of individual teams. Specific franchise owners are noted for their wealth and success factors. The author also predicts that league commissioners, franchise owners, local business and community leaders, and government officials will be forced to bargain in good faith and compromise on the question of whether to use taxpayer money to invest in sports facilities.

Book The Impact of Professional Sports Franchises on Local Economies

Download or read book The Impact of Professional Sports Franchises on Local Economies written by Jeffrey Pierro and published by CreateSpace. This book was released on 2014-08-05 with total page 72 pages. Available in PDF, EPUB and Kindle. Book excerpt: There is no doubt that professional sports franchises and stadiums generate a significant amount of economic activity, but is the impact on the local economy positive, negative, or neutral? Studies have shown that, while franchises can give the economy a boost in the short term, there are little to no long-term positive effects. This capstone will examine the trend in public financing of stadiums, look at the impact of stadium location, explore the factors of the economy that are impacted by professional sports franchises, and determine if the effects vary by sport or by region. Several major case studies will be examined to provide specific examples, including the most recent Super Bowl in New Jersey. Once the literature review is complete, regression analysis will be used to make an ultimate conclusion on the value of professional sports franchises and stadiums in the United States and the optimal location in which to start a new professional sports franchise in the United States. This will be done using data from 2001-2012 and variables that have been proven to have an impact one way or another. The result will be a prediction of the type and location of the next professional sports franchise in the United States.

Book The Diversity Style Guide

Download or read book The Diversity Style Guide written by Rachele Kanigel and published by John Wiley & Sons. This book was released on 2018-10-15 with total page 424 pages. Available in PDF, EPUB and Kindle. Book excerpt: New diversity style guide helps journalists write with authority and accuracy about a complex, multicultural world A companion to the online resource of the same name, The Diversity Style Guide raises the consciousness of journalists who strive to be accurate. Based on studies, news reports and style guides, as well as interviews with more than 50 journalists and experts, it offers the best, most up-to-date advice on writing about underrepresented and often misrepresented groups. Addressing such thorny questions as whether the words Black and White should be capitalized when referring to race and which pronouns to use for people who don't identify as male or female, the book helps readers navigate the minefield of names, terms, labels and colloquialisms that come with living in a diverse society. The Diversity Style Guide comes in two parts. Part One offers enlightening chapters on Why is Diversity So Important; Implicit Bias; Black Americans; Native People; Hispanics and Latinos; Asian Americans and Pacific Islanders; Arab Americans and Muslim Americans; Immigrants and Immigration; Gender Identity and Sexual Orientation; People with Disabilities; Gender Equality in the News Media; Mental Illness, Substance Abuse and Suicide; and Diversity and Inclusion in a Changing Industry. Part Two includes Diversity and Inclusion Activities and an A-Z Guide with more than 500 terms. This guide: Helps journalists, journalism students, and other media writers better understand the context behind hot-button words so they can report with confidence and sensitivity Explores the subtle and not-so-subtle ways that certain words can alienate a source or infuriate a reader Provides writers with an understanding that diversity in journalism is about accuracy and truth, not "political correctness." Brings together guidance from more than 20 organizations and style guides into a single handy reference book The Diversity Style Guide is first and foremost a guide for journalists, but it is also an important resource for journalism and writing instructors, as well as other media professionals. In addition, it will appeal to those in other fields looking to make informed choices in their word usage and their personal interactions.

Book The Extra 2

Download or read book The Extra 2 written by Jonah Keri and published by ESPN. This book was released on 2011-03-08 with total page 274 pages. Available in PDF, EPUB and Kindle. Book excerpt: What happens when three financial industry whiz kids and certified baseball nuts take over an ailing major league franchise and implement the same strategies that fueled their success on Wall Street? In the case of the 2008 Tampa Bay Rays, an American League championship happens—the culmination of one of the greatest turnarounds in baseball history. In The Extra 2%, financial journalist and sportswriter Jonah Keri chronicles the remarkable story of one team’s Cinderella journey from divisional doormat to World Series contender. When former Goldman Sachs colleagues Stuart Sternberg and Matthew Silverman assumed control of the Tampa Bay Devil Rays in 2005, it looked as if they were buying the baseball equivalent of a penny stock. But the incoming regime came armed with a master plan: to leverage their skill at trading, valuation, and management to build a model twenty-first-century franchise that could compete with their bigger, stronger, richer rivals—and prevail. Together with “boy genius” general manager Andrew Friedman, the new Rays owners jettisoned the old ways of doing things, substituting their own innovative ideas about employee development, marketing and public relations, and personnel management. They exorcized the “devil” from the team’s nickname, developed metrics that let them take advantage of undervalued aspects of the game, like defense, and hired a forward-thinking field manager as dedicated to unconventional strategy as they were. By quantifying the game’s intangibles—that extra 2% that separates a winning organization from a losing one—they were able to deliver to Tampa Bay something that Billy Beane’s “Moneyball” had never brought to Oakland: an American League pennant. A book about what happens when you apply your business skills to your life’s passion, The Extra 2% is an informative and entertaining case study for any organization that wants to go from worst to first.

Book Brand Fans

    Book Details:
  • Author : Aaron C.T. Smith
  • Publisher : Springer
  • Release : 2017-01-20
  • ISBN : 3319488546
  • Pages : 254 pages

Download or read book Brand Fans written by Aaron C.T. Smith and published by Springer. This book was released on 2017-01-20 with total page 254 pages. Available in PDF, EPUB and Kindle. Book excerpt: Combining the latest branding research with a diverse range of powerful case examples, this book reveals the cutting edge techniques of value co-creation, personalisation and customer engagement employed by sport’s leading brands. Based on the transferable lessons that emanate from these practices, Brand Fans explores and illuminates how firms can cultivate connected fans and lifelong advocates, while building brand equity exponentially in the process. This is a book that will appeal to scholars and practitioners alike, as well as anyone fascinated by modern marketing, consumer relationships and branding.

Book Forecasting in Financial and Sports Gambling Markets

Download or read book Forecasting in Financial and Sports Gambling Markets written by William S. Mallios and published by John Wiley & Sons. This book was released on 2011-03-29 with total page 207 pages. Available in PDF, EPUB and Kindle. Book excerpt: A guide to modeling analyses for financial and sports gambling markets, with a focus on major current events Addressing the highly competitive and risky environments of current-day financial and sports gambling markets, Forecasting in Financial and Sports Gambling Markets details the dynamic process of constructing effective forecasting rules based on both graphical patterns and adaptive drift modeling (ADM) of cointegrated time series. The book uniquely identifies periods of inefficiency that these markets oscillate through and develops profitable forecasting models that capitalize on irrational behavior exhibited during these periods. Providing valuable insights based on the author's firsthand experience, this book utilizes simple, yet unique, candlestick charts to identify optimal time periods in financial markets and optimal games in sports gambling markets for which forecasting models are likely to provide profitable trading and wagering outcomes. Featuring detailed examples that utilize actual data, the book addresses various topics that promote financial and mathematical literacy, including: Higher order ARMA processes in financial markets The effects of gambling shocks in sports gambling markets Cointegrated time series with model drift Modeling volatility Throughout the book, interesting real-world applications are presented, and numerous graphical procedures illustrate favorable trading and betting opportunities, which are accompanied by mathematical developments in adaptive model forecasting and risk assessment. A related web site features updated reviews in sports and financial forecasting and various links on the topic. Forecasting in Financial and Sports Gambling Markets is an excellent book for courses on financial economics and time series analysis at the upper-undergraduate and graduate levels. The book is also a valuable reference for researchers and practitioners working in the areas of retail markets, quant funds, hedge funds, and time series. Also, anyone with a general interest in learning about how to profit from the financial and sports gambling markets will find this book to be a valuable resource.

Book Disequilibrium Sports Economics

Download or read book Disequilibrium Sports Economics written by Wladimir Andreff and published by Edward Elgar Publishing. This book was released on 2015-09-25 with total page 268 pages. Available in PDF, EPUB and Kindle. Book excerpt: For decades, sports economics has been set within the framework of equilibrium economics, in particular when modelling team sport leagues. Based on a conviction that this does not reflect real life, this book addresses a gap in the literature and opens up a new research area by applying concepts drawn from disequilibrium economics. It is divided into two parts, the first of which focuses on economic disequilibrium in sports markets and competitive imbalance in sporting contests. The second part concentrates on soft budget constraints and their consequences for club governance and management.

Book Sprawlball

    Book Details:
  • Author : Kirk Patrick Goldsberry
  • Publisher : Mariner Books
  • Release : 2019
  • ISBN : 1328767515
  • Pages : 257 pages

Download or read book Sprawlball written by Kirk Patrick Goldsberry and published by Mariner Books. This book was released on 2019 with total page 257 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Beautifully illustrated and sharply written, SprawlBall is both a celebration and a critique of the 3-point shot. If you want to understand how the modern NBA came to be, you'll need to read this book." --Nate Silver, editor of fivethirtyeight.com From the leading expert in the exploding field of basketball analytics, a stunning infographic decoding of the modern NBA: who shoots where, and how. The field of basketball analytics has leaped to overdrive thanks to Kirk Goldsberry, whose visual maps of players, teams, and positions have helped teams understand who really is the most valuable player at any position. SprawlBall combines stunning visuals, in-depth analysis, fun, behind-the-scenes stories and gee-whiz facts to chart a modern revolution. From the introduction of the 3-point line to today, the game has changed drastically . . . Now, players like Steph Curry and Draymond Green are leading the charge. In chapters like "The Geography of the NBA," "The Interior Minister (Lebron James)," "The Evolution of Steph Curry," and "The Investor (James Harden)," Goldsberry explains why today's on-court product--with its emphasis on shooting, passing, and spacing--has never been prettier or more democratic. And it's never been more popular. For fans of Bill Simmons and FreeDarko, SprawlBall is a bold new vision of the game, presenting an innovative, cutting-edge look at the sport based on the latest research, as well as a visual and infographic feast for fans.

Book Fast Food Nation

Download or read book Fast Food Nation written by Eric Schlosser and published by Houghton Mifflin Harcourt. This book was released on 2012 with total page 387 pages. Available in PDF, EPUB and Kindle. Book excerpt: An exploration of the fast food industry in the United States, from its roots to its long-term consequences.

Book Regional Analysis

Download or read book Regional Analysis written by Carol A. Smith and published by Academic Press. This book was released on 2014-05-10 with total page 389 pages. Available in PDF, EPUB and Kindle. Book excerpt: Regional Analysis, Volume I: Economic Systems explores the interconnectedness of economic and social systems as they exist and develop in territorial-environmental systems. This volume concentrates on developing and refining models of trade and urban evolution, emphasizing evolutionary models and relationship between economic and political subsystems in the developmental process. Topics include the regional approach to economic systems; trade, markets, and urban centers in developing regions; spatio-economic organization in complex regional systems; and economic consequences of regional system organization. This publication is valuable to social and regional scientists, geographers, economists, social anthropologists, archeologists, sociologists, and political scientists interested in the implications of rural-urban relations and regional settlement patterns.

Book The Talent Code

    Book Details:
  • Author : Daniel Coyle
  • Publisher : Bantam
  • Release : 2009-04-28
  • ISBN : 0553906496
  • Pages : 258 pages

Download or read book The Talent Code written by Daniel Coyle and published by Bantam. This book was released on 2009-04-28 with total page 258 pages. Available in PDF, EPUB and Kindle. Book excerpt: What is the secret of talent? How do we unlock it? This groundbreaking work provides readers with tools they can use to maximize potential in themselves and others. Whether you’re coaching soccer or teaching a child to play the piano, writing a novel or trying to improve your golf swing, this revolutionary book shows you how to grow talent by tapping into a newly discovered brain mechanism. Drawing on cutting-edge neurology and firsthand research gathered on journeys to nine of the world’s talent hotbeds—from the baseball fields of the Caribbean to a classical-music academy in upstate New York—Coyle identifies the three key elements that will allow you to develop your gifts and optimize your performance in sports, art, music, math, or just about anything. • Deep Practice Everyone knows that practice is a key to success. What everyone doesn’t know is that specific kinds of practice can increase skill up to ten times faster than conventional practice. • Ignition We all need a little motivation to get started. But what separates truly high achievers from the rest of the pack? A higher level of commitment—call it passion—born out of our deepest unconscious desires and triggered by certain primal cues. Understanding how these signals work can help you ignite passion and catalyze skill development. • Master Coaching What are the secrets of the world’s most effective teachers, trainers, and coaches? Discover the four virtues that enable these “talent whisperers” to fuel passion, inspire deep practice, and bring out the best in their students. These three elements work together within your brain to form myelin, a microscopic neural substance that adds vast amounts of speed and accuracy to your movements and thoughts. Scientists have discovered that myelin might just be the holy grail: the foundation of all forms of greatness, from Michelangelo’s to Michael Jordan’s. The good news about myelin is that it isn’t fixed at birth; to the contrary, it grows, and like anything that grows, it can be cultivated and nourished. Combining revelatory analysis with illuminating examples of regular people who have achieved greatness, this book will not only change the way you think about talent, but equip you to reach your own highest potential.

Book The Baseball Economist

Download or read book The Baseball Economist written by J.C. Bradbury and published by Penguin. This book was released on 2008-02-26 with total page 356 pages. Available in PDF, EPUB and Kindle. Book excerpt: Freakonomics meets Moneyball in this provocative exposé of baseball’s most fiercely debated controversies and some of its oldest, most dearly held myths. Providing far more than a mere collection of numbers, economics professor and popular blogger J.C. Bradbury shines the light of his economic thinking on baseball, exposing the power of tradeoffs, competition, and incentives. Utilizing his own “sabernomic” approach, Bradbury dissects baseball topics such as: • Did steroids have nothing to do with the recent homerun records? Incredibly, Bradbury’s research reveals steroids probably had little impact. • Which players are ridiculously overvalued? Bradbury lists all players by team with their revenue value to the team listed in dollars—including a dishonor role of those players with negative values—updated in paperback to include the 2007 season. • Does it help to lobby for balls and strikes? Statistics alone aren’t enough anymore. This is a refreshing, lucid, and powerful read for fans, fantasy buffs, and players—as well as coaches at all levels—who want to know what is really happening on the field.

Book SABR 50 at 50

    Book Details:
  • Author : Bill Nowlin
  • Publisher : University of Nebraska Press
  • Release : 2020-09-01
  • ISBN : 1496222687
  • Pages : 626 pages

Download or read book SABR 50 at 50 written by Bill Nowlin and published by University of Nebraska Press. This book was released on 2020-09-01 with total page 626 pages. Available in PDF, EPUB and Kindle. Book excerpt: SABR 50 at 50 celebrates and highlights the Society for American Baseball Research’s wide-ranging contributions to baseball history. Established in 1971 in Cooperstown, New York, SABR has sought to foster and disseminate the research of baseball—with groundbreaking work from statisticians, historians, and independent researchers—and has published dozens of articles with far-reaching and long-lasting impact on the game. Among its current membership are many Major and Minor League Baseball officials, broadcasters, and writers as well as numerous former players. The diversity of SABR members’ interests is reflected in this fiftieth-anniversary volume—from baseball and the arts to statistical analysis to the Deadball Era to women in baseball. SABR 50 at 50 includes the most important and influential research published by members across a multitude of topics, including the sabermetric work of Dick Cramer, Pete Palmer, and Bill James, along with Jerry Malloy on the Negro Leagues, Keith Olbermann on why the shortstop position is number 6, John Thorn and Jules Tygiel on the untold story behind Jackie Robinson’s signing with the Dodgers, and Gai Berlage on the Colorado Silver Bullets women’s team in the 1990s. To provide history and context, each notable research article is accompanied by a short introduction. As SABR celebrates fifty years this collection gathers the organization’s most notable research and baseball history for the serious baseball reader.

Book The Economics of Sports

Download or read book The Economics of Sports written by Michael A. Leeds and published by Routledge. This book was released on 2016-05-23 with total page 478 pages. Available in PDF, EPUB and Kindle. Book excerpt: For undergraduate courses in sports economics, this book introduces core economic concepts developed through examples from the sports industry. The sports industry provides a seemingly endless set of examples from every area of microeconomics, giving students the opportunity to study economics in a context that holds their interest. The Economics of Sports explores economic concepts and theory of industrial organization, public finance, and labor economics in the context of applications and examples from American and international sports.

Book Press Summary   Illinois Information Service

Download or read book Press Summary Illinois Information Service written by Illinois Information Service and published by . This book was released on 2002 with total page 320 pages. Available in PDF, EPUB and Kindle. Book excerpt: