Sport Finance, Fifth Edition, allows students to grasp fundamental concepts in sport finance through a practical approach that encourages them to take a strategic organizational perspective in gaining a deeper understanding of financial challenges and opportunities.

Industry Spotlight: Will CashmanPart I. Basics of Sport Finance Industry Spotlight: Hugo C. Chávez BarrosoChapter 1. Introduction to Sport Finance Personal Finance Basics What Is Sport Finance? Financial Problems Affecting Sport Industry Segments Financial Solutions How Sport Finance Affects an Entire Sports Organization or Industry ConclusionChapter 2. Sport Industry Sectors and Segments Amateur and Participatory Sport College Sport Professional Sport Segments Transcending the Sport Sectors ConclusionChapter 3. Basic Financial Concepts Revenues and Expenses Types of Financial Statements Financial Ratios Time Value of Money Economic Versus Financial Analysis ConclusionChapter 4. Assets and Liabilities Identifying Assets Identifying Liabilities ConclusionChapter 5. Financial Statements Types of Financial Statements Financial Statement Analysis Annual Reports ConclusionPart I Case Study: Responding to Rapid GrowthPart II. Revenue and Expenses Industry Spotlight: Donna KirbyChapter 6. Understanding Revenue Revenues in the Sport Industry Revenues in Professional Sport Revenues in Intercollegiate Athletics Revenues in the Sporting Goods Industry Revenue Planning Revenue Generation ConclusionChapter 7. Understanding Expenses Expenses in the Sport Industry Expenses in Professional Sport Expenses in Intercollegiate Athletics Expenses in the Sporting Goods Industry Other Expenses for Sports Organizations ConclusionPart II Case Study: Various Approaches to Making a Profit in the Athletic Shoe IndustryPart III. Developing a Budget Industry Spotlight: Sheena C. Williams-ZmudaChapter 8. Budgeting: A Road Map for Sports Organizations Importance of Financial Planning Determining Financial Objectives The Anatomy of a Budget Budget Types Pro Forma Budgets and Business Plans Incorporating the Pro Forma Budget Into the Business Plan ConclusionChapter 9. The Budgeting Process Collecting the Data Applying the Data Building the Budget From the Ground Up Variance Analysis ConclusionPart III Case Study: Minor League Baseball Operational BudgetPart IV. Cash Management Industry Spotlight: Ken WajdaChapter 10. Short-Term Cash Management Funding Sources Cash Management Strategies Open Markets and Other Short-Term Borrowing Long-Term Borrowing Funding for Small or Ethnic Minority–Owned Businesses ConclusionChapter 11. Long-Term Cash Management Stocks Shareholders’ Rights Stock Dividends Sport Stocks Stock Buybacks Bonds Costs of Issuing Bonds Loan Repayment Government-Issued Bonds Long-Term Borrowing ConclusionPart IV Case Study: Golden State Warriors Sued Due to a Partnership With FTX EntitiesPart V. Financial Statements and Strategic Planning Industry Spotlight: Ralph WillisChapter 12. Financial Planning Financial Forecasting Financial Planning Strategies Capital Spending Cost of Capital Projecting Cash Flow Break-Even Analysis Managerial Accounting ConclusionChapter 13. Financial Ratios Liquidity Ratios Activity Ratios Financial Leverage Ratios Profitability Ratios Determining a Company’s Value Techniques to Determine the Value of an Investment ConclusionChapter 14. Moving From Strategy to Action Creation Strategy Finding Funds and Investors Keeping an Even Keel Growth and Expansion Contraction Selling a Business ConclusionPart V Case Study: Financial EthicsAppendix A. Mike’s Gym Financial StatementsAppendix B. Under Armour Financial StatementsAppendix C. Time Value of MoneyAppendix D. Formulas