group’s sentiments and long history with SHRC and were concerned these individuals may resign if the board enacted undesired change. Current Challenge At the behest of the club’s board, Wilson knew his task: he was to develop financing strategies to address (perceived) shortcomings of the club. His most
Chris Chard, Liam McCrory, and Kirsty Spence
By Gil Fried, Timothy D. DeSchriver, and Michael Mondello. Published in 2020 by Human Kinetics , Champaign, IL. $109.00. 376 pp. ISBN: 9781492559733 Sport finance instructors will be excited to see the fourth edition of Sport Finance released, as Gil Fried, Timothy D. DeSchriver, and Michael
Mark E. Moore
environmental conditions, sport management and sport communication professionals must possess a working knowledge of fiscal management. This fourth edition of Financing Sport provides a thorough and insightful overview of the financial management of the sport enterprise. This textbook equips sport
Willis A. Jones and Wayne L. Black
intercollegiate athletics. Athletics data source: USA TODAY’s NCAA athletics finance database . Retrieved from https://www.knightcommission.org Cooper , J.N. , Cavil , J.K. , & Cheeks , G. ( 2014 ). The state of intercollegiate athletics at historically Black colleges and universities (HBCUs): Past
Herbert F. Moorhouse
In Britain, professional football (soccer) is the major sport and has been the focus of considerable sociological study. This paper argues that previous studies, which have concentrated on football’s relation to class relations and class cultures, have erred by ignoring the role of football finance. Evidence is provided about the relation in Britain between two professional leagues, the English and the Scottish; and the financial situation of four major clubs, two from each side of the border, is traced to reveal significant differences between them. These variations are then used to show how particular patterns of football finance feed into the symbols and images that surround the game in Scotland and that feed into the popular culture of that country in a way which preempts class as the most fruitful line of analysis.
Joris Drayer and Daniel A. Rascher
Teaching a graduate level sport finance class can be quite complex. With a variety of concepts such as pricing, budgeting, and public funding, to convey in a limited amount of time, new forms of pedagogy are necessary to assist instructors as this technologically-advanced generation enters into academia. Subsequently, technology has been created to apply basic concepts related to finance to the complexity of a professional sports organization. One such program is the Oakland A’s Baseball Business Simulator. Through interviews and “emotional recall” (Ellis, 2004), this evaluative case study seeks to determine the effectiveness of this technology within this environment.
Lauren E. Brown
John L. Crompton, Dennis R. Howard, and Turgut var
This paper identifies the pervasiveness, magnitude, and trends of public investment in major league sports facilities and describes the forces that typically direct and dictate the debate. In 2003 dollars, the total investment in facilities currently being used by franchises in the four major leagues in North America is almost $24 billion, of which over $15 billion was contributed by public entities. Four eras of funding these facilities are identified and described: the Gestation Era 1961-1969; the Public Subsidy Era 1970-1984; the Transitional (Public-Private Partnership) Era 1985-1994; and the Fully-Loaded (Private-Public Partnership) Era post 1994. There is a consistent trend of private contributions increasing across these eras, but public sector contributions remain substantial. The final section of the paper discusses the four primary sources of momentum undergirding this public investment: owner leverage, the community power structure, the stimulus of increasing costs, and the competitive balance rationale.