{"product_id":"sport-finance-5th-edition-epub","title":"Sport Finance 5th Edition epub","description":"\u003c!-- split --\u003e\u003cul class=\"tabs\"\u003e \u003cli\u003e\u003ca href=\"#tab-description\" id=\"display-description\"\u003eDescription\u003c\/a\u003e\u003c\/li\u003e \u003cli\u003e\u003ca href=\"#tab-tableofcontents\" id=\"display-tableofcontents\"\u003eTable of Contents\u003c\/a\u003e\u003c\/li\u003e \u003cli\u003e\u003ca href=\"#tab-author\" id=\"display-author\"\u003eAuthor\u003c\/a\u003e\u003c\/li\u003e \u003cli\u003e\u003ca href=\"#tab-ancillaries\" id=\"display-ancillaries\"\u003eAncillaries\u003c\/a\u003e\u003c\/li\u003e \u003cli\u003e\u003ca href=\"#tab-excerpt\" id=\"display-excerpt\"\u003eExcerpts\u003c\/a\u003e\u003c\/li\u003e \u003c\/ul\u003e\u003cdiv id=\"tab-description\" class=\"tab-content\"\u003e \u003cp\u003eThe burgeoning global sport industry is a $500 billion business with no signs of slowing down. For the upper-undergraduate and graduate sport management student exhibiting a penchant for finances and a passion for sports, the field of sport finance presents tremendous career opportunities.\u003cbr\u003e\u003cbr\u003eNo other textbook connects financial principles with real-world sport finance strategies as effectively as \u003ci\u003eSport Finance, Fifth Edition\u003c\/i\u003e. Emphasizing a more practical approach, the fifth edition goes beyond the \u003ci\u003ewhat\u003c\/i\u003e and \u003ci\u003ehow\u003c\/i\u003e of sport finance and dives deeper into the \u003ci\u003ewhy\u003c\/i\u003e—the reasoning behind the principles of sport finance—providing students with an even more comprehensive perspective on what drives the financial success or failure of any sport entity.\u003cbr\u003e\u003cbr\u003eThe text is organized into five areas, focused on the hard skills tomorrow’s sport financiers must master to perform their role: increasing revenues and decreasing expenses, developing budgets, understanding financial statements and ratios, obtaining funding and managing cash, and building a financial strategy. Each section features an insightful introduction by a renowned industry professional, providing a real-world perspective that’s sure to pique readers’ interest. Chapters addressing revenues and expenses include budgets from the sporting goods industry, intercollegiate athletics, and professional sports.\u003cbr\u003e\u003cbr\u003eThe sport industry landscape has changed significantly since the previous edition was published, and the fifth edition reflects the new realities affecting today’s sport organizations. Addressed are name, image, and likeness (NIL) rule changes; esports; cryptocurrencies; non-fungible tokens (NFTs); sport gambling; the proliferation of broadcasting rights and the sneaker market; and the impacts of COVID-19 on the sport industry.\u003cbr\u003e\u003cbr\u003eThe fifth edition’s practical takeaways are especially prominent with the addition of related online resources available to students and assignable by instructors via HK\u003ci\u003ePropel\u003c\/i\u003e. One highlight is “Two-Dollar Team,” an Excel-based simulation that introduces students to assets and liabilities, revenue and expenses, budgeting, cash management, and borrowing and reveals how these specialties work together in developing financial strategies. Three other assignable class projects involve personal budgeting, expenditures, and a stock market game. Other new features include five brand-new case studies and a profile of a typical health club, “Florida Fitness Club,” in which students are challenged to put their learning to the test by reading and understanding financial statements, setting budgets, and identifying strengths, weaknesses, and growth opportunities for the fictional facility.\u003cbr\u003e\u003cbr\u003e\u003ci\u003eSport Finance\u003c\/i\u003e provides students with a thorough understanding of the ?nancial and economic aspects of the sport industry. By analyzing sport business entities and structures, financial statements, and funding sources, students will acquire the skills to make more informed and effective financial decisions, better manage the risks, and recognize opportunities in the world of sport.\u003cbr\u003e\u003cbr\u003eNote: A code for accessing HK\u003ci\u003ePropel\u003c\/i\u003e is included with this ebook.\u003c\/p\u003e\n\u003ch4\u003eAudience\u003c\/h4\u003eUpper-undergraduate and graduate students taking sport finance courses in sport management or sport business programs; also a reference for sport business professionals.\u003c\/div\u003e\u003c!--end tabDescription--\u003e\u003cdiv id=\"tab-tableofcontents\" class=\"tab-content\"\u003e Industry Spotlight: Will Cashman\u003cbr\u003e\u003cbr\u003e\u003ci\u003e\u003cb\u003ePart I. Basics of Sport Finance\u003c\/b\u003e\u003c\/i\u003e\u003cbr\u003e\u003cbr\u003e Industry Spotlight: Hugo C. Chávez Barroso\u003cbr\u003e\u003cbr\u003e\u003cb\u003eChapter 1.\u003c\/b\u003e Introduction to Sport Finance\u003cbr\u003e Personal Finance Basics\u003cbr\u003e What Is Sport Finance?\u003cbr\u003e Financial Problems Affecting Sport Industry Segments\u003cbr\u003e Financial Solutions\u003cbr\u003e How Sport Finance Affects an Entire Sports Organization or Industry\u003cbr\u003e Conclusion\u003cbr\u003e\u003cbr\u003e\u003cb\u003eChapter 2.\u003c\/b\u003e Sport Industry Sectors and Segments\u003cbr\u003e Amateur and Participatory Sport\u003cbr\u003e College Sport\u003cbr\u003e Professional Sport\u003cbr\u003e Segments Transcending the Sport Sectors\u003cbr\u003e Conclusion\u003cbr\u003e\u003cbr\u003e\u003cb\u003eChapter 3.\u003c\/b\u003e Basic Financial Concepts\u003cbr\u003e Revenues and Expenses\u003cbr\u003e Types of Financial Statements\u003cbr\u003e Financial Ratios\u003cbr\u003e Time Value of Money\u003cbr\u003e Economic Versus Financial Analysis\u003cbr\u003e Conclusion\u003cbr\u003e\u003cbr\u003e\u003cb\u003eChapter 4.\u003c\/b\u003e Assets and Liabilities\u003cbr\u003e Identifying Assets\u003cbr\u003e Identifying Liabilities\u003cbr\u003e Conclusion\u003cbr\u003e\u003cbr\u003e\u003cb\u003eChapter 5.\u003c\/b\u003e Financial Statements\u003cbr\u003e Types of Financial Statements\u003cbr\u003e Financial Statement Analysis\u003cbr\u003e Annual Reports\u003cbr\u003e Conclusion\u003cbr\u003e\u003cbr\u003e\u003cb\u003ePart I Case Study:\u003c\/b\u003e Responding to Rapid Growth\u003cbr\u003e\u003cbr\u003e\u003ci\u003e\u003cb\u003ePart II. Revenue and Expenses\u003c\/b\u003e\u003c\/i\u003e\u003cbr\u003e\u003cbr\u003e Industry Spotlight: Donna Kirby\u003cbr\u003e\u003cbr\u003e\u003cb\u003eChapter 6.\u003c\/b\u003e Understanding Revenue\u003cbr\u003e Revenues in the Sport Industry\u003cbr\u003e Revenues in Professional Sport\u003cbr\u003e Revenues in Intercollegiate Athletics\u003cbr\u003e Revenues in the Sporting Goods Industry\u003cbr\u003e Revenue Planning\u003cbr\u003e Revenue Generation\u003cbr\u003e Conclusion\u003cbr\u003e\u003cbr\u003e\u003cb\u003eChapter 7.\u003c\/b\u003e Understanding Expenses\u003cbr\u003e Expenses in the Sport Industry\u003cbr\u003e Expenses in Professional Sport\u003cbr\u003e Expenses in Intercollegiate Athletics\u003cbr\u003e Expenses in the Sporting Goods Industry\u003cbr\u003e Other Expenses for Sports Organizations\u003cbr\u003e Conclusion\u003cbr\u003e\u003cbr\u003e\u003cb\u003ePart II Case Study:\u003c\/b\u003e Various Approaches to Making a Profit in the Athletic Shoe Industry\u003cbr\u003e\u003cbr\u003e\u003ci\u003e\u003cb\u003ePart III. Developing a Budget\u003c\/b\u003e\u003c\/i\u003e\u003cbr\u003e\u003cbr\u003e Industry Spotlight: Sheena C. Williams-Zmuda\u003cbr\u003e\u003cbr\u003e\u003cb\u003eChapter 8.\u003c\/b\u003e Budgeting: A Road Map for Sports Organizations\u003cbr\u003e Importance of Financial Planning\u003cbr\u003e Determining Financial Objectives\u003cbr\u003e The Anatomy of a Budget\u003cbr\u003e Budget Types\u003cbr\u003e Pro Forma Budgets and Business Plans\u003cbr\u003e Incorporating the Pro Forma Budget Into the Business Plan\u003cbr\u003e Conclusion\u003cbr\u003e\u003cbr\u003e\u003cb\u003eChapter 9.\u003c\/b\u003e The Budgeting Process\u003cbr\u003e Collecting the Data\u003cbr\u003e Applying the Data\u003cbr\u003e Building the Budget From the Ground Up\u003cbr\u003e Variance Analysis\u003cbr\u003e Conclusion\u003cbr\u003e\u003cbr\u003e\u003cb\u003ePart III Case Study:\u003c\/b\u003e Minor League Baseball Operational Budget\u003cbr\u003e\u003cbr\u003e\u003ci\u003e\u003cb\u003ePart IV. Cash Management\u003c\/b\u003e\u003c\/i\u003e\u003cbr\u003e\u003cbr\u003e Industry Spotlight: Ken Wajda\u003cbr\u003e\u003cbr\u003e\u003cb\u003eChapter 10.\u003c\/b\u003e Short-Term Cash Management\u003cbr\u003e Funding Sources\u003cbr\u003e Cash Management Strategies\u003cbr\u003e Open Markets and Other Short-Term Borrowing\u003cbr\u003e Long-Term Borrowing\u003cbr\u003e Funding for Small or Ethnic Minority–Owned Businesses\u003cbr\u003e Conclusion\u003cbr\u003e\u003cbr\u003e\u003cb\u003eChapter 11.\u003c\/b\u003e Long-Term Cash Management\u003cbr\u003e Stocks\u003cbr\u003e Shareholders’ Rights\u003cbr\u003e Stock Dividends\u003cbr\u003e Sport Stocks\u003cbr\u003e Stock Buybacks\u003cbr\u003e Bonds\u003cbr\u003e Costs of Issuing Bonds\u003cbr\u003e Loan Repayment\u003cbr\u003e Government-Issued Bonds\u003cbr\u003e Long-Term Borrowing\u003cbr\u003e Conclusion\u003cbr\u003e\u003cbr\u003e\u003cb\u003ePart IV Case Study:\u003c\/b\u003e Golden State Warriors Sued Due to a Partnership With FTX Entities\u003cbr\u003e\u003cbr\u003e\u003ci\u003e\u003cb\u003ePart V. Financial Statements and Strategic Planning\u003c\/b\u003e\u003c\/i\u003e\u003cbr\u003e\u003cbr\u003e Industry Spotlight: Ralph Willis\u003cbr\u003e\u003cbr\u003e\u003cb\u003eChapter 12.\u003c\/b\u003e Financial Planning\u003cbr\u003e Financial Forecasting\u003cbr\u003e Financial Planning Strategies\u003cbr\u003e Capital Spending\u003cbr\u003e Cost of Capital\u003cbr\u003e Projecting Cash Flow\u003cbr\u003e Break-Even Analysis\u003cbr\u003e Managerial Accounting\u003cbr\u003e Conclusion\u003cbr\u003e\u003cbr\u003e\u003cb\u003eChapter 13.\u003c\/b\u003e Financial Ratios\u003cbr\u003e Liquidity Ratios\u003cbr\u003e Activity Ratios\u003cbr\u003e Financial Leverage Ratios\u003cbr\u003e Profitability Ratios\u003cbr\u003e Determining a Company’s Value\u003cbr\u003e Techniques to Determine the Value of an Investment\u003cbr\u003e Conclusion\u003cbr\u003e\u003cbr\u003e\u003cb\u003eChapter 14.\u003c\/b\u003e Moving From Strategy to Action\u003cbr\u003e Creation Strategy\u003cbr\u003e Finding Funds and Investors\u003cbr\u003e Keeping an Even Keel\u003cbr\u003e Growth and Expansion\u003cbr\u003e Contraction\u003cbr\u003e Selling a Business\u003cbr\u003e Conclusion\u003cbr\u003e\u003cbr\u003e\u003cb\u003ePart V Case Study:\u003c\/b\u003e Financial Ethics\u003cbr\u003e\u003cbr\u003e\u003cb\u003eAppendix A.\u003c\/b\u003e Mike’s Gym Financial Statements\u003cbr\u003e\u003cb\u003eAppendix B.\u003c\/b\u003e Under Armour Financial Statements\u003cbr\u003e\u003cb\u003eAppendix C.\u003c\/b\u003e Time Value of Money\u003cbr\u003e\u003cb\u003eAppendix D.\u003c\/b\u003e Formulas\u003c\/div\u003e\u003c!--end tabTableOfContents--\u003e\u003cdiv id=\"tab-author\" class=\"tab-content\"\u003e \u003cb\u003eGil Fried, JD,\u003c\/b\u003e is a professor at the University of West Florida (UWF) and chair of the administration and law department, which encompasses legal studies, construction management, sport management, and public administration. He started at UWF in 2021. Prior to his appointment at UWF, Fried was a professor in the Pompea College of Business at the University of New Haven for 21 years and retired in 2021 with the designation of professor emeritus.\u003cbr\u003e\u003cbr\u003e Fried is a specialist in sport law, sport finance, and sport facility management. He received his master’s degree in sport management and his law degree from The Ohio State University. He has taught courses and written numerous books and articles on sport risk management, sport facility management, sport analytics, esports, and sport finance.\u003cbr\u003e\u003cbr\u003e Fried speaks throughout the United States on issues such as building and financing facilities and dealing with risk management concerns.\u003cbr\u003e\u003cbr\u003e\u003cb\u003eTimothy D. DeSchriver, EdD,\u003c\/b\u003e is an associate professor in the department of hospitality business management at the University of Delaware. DeSchriver has worked as a field economist for the U.S. Department of Labor and has taught undergraduate and graduate courses in sport finance and sport economics since 1998. He has authored and contributed to several books and sport finance–related publications in refereed journals.\u003cbr\u003e\u003cbr\u003e In his spare time, DeSchriver enjoys road cycling, mountain biking, and hiking.\u003cbr\u003e\u003cbr\u003e\u003cb\u003eMichael Mondello, PhD,\u003c\/b\u003e is a professor in the School of Marketing and Innovation and the Vinik Sport and Entertainment Management program in the Muma College of Business at the University of South Florida. He teaches finance and analytics, with research interests in financial and analytical issues related to sport organizations, including competitive balance, economic impact analysis, contingent valuation, ticket pricing, and stadium financing.\u003cbr\u003e\u003cbr\u003e Mondello’s work has been published in International \u003ci\u003eJournal of Sport Finance\u003c\/i\u003e, \u003ci\u003eEconomic Development Quarterly\u003c\/i\u003e, \u003ci\u003eSport Marketing Quarterly\u003c\/i\u003e, \u003ci\u003eInternational Journal of Sport Management\u003c\/i\u003e, \u003ci\u003eJournal of Sports Economics\u003c\/i\u003e, \u003ci\u003eJournal of Sport Management\u003c\/i\u003e, and \u003ci\u003eManagement Decision\u003c\/i\u003e. He has published a Harvard Business School case examining strategic philanthropy and the Tampa Bay Lightning. Mondello was recognized as a research fellow of the North American Society for Sport Management (NASSM) in 2007.\u003c\/div\u003e\u003c!--end tabAuthor--\u003e\u003cdiv id=\"tab-excerpt\" class=\"tab-content\"\u003e \u003ca class=\"alsoAvailableAs\" href=\"\/blogs\/excerpt\/financial-forecasting-under-armour-versus-nike\"\u003eFinancial forecasting: Under Armour versus Nike\u003c\/a\u003e\u003cbr\u003e\u003ca class=\"alsoAvailableAs\" href=\"\/blogs\/excerpt\/revenue-and-spending-in-college-sport\"\u003eRevenue and spending in college sport\u003c\/a\u003e\u003cbr\u003e\u003ca class=\"alsoAvailableAs\" href=\"\/blogs\/excerpt\/the-financial-growth-of-esports\"\u003eThe financial growth of esports\u003c\/a\u003e\u003cbr\u003e\u003cbr\u003e\n\u003c\/div\u003e\u003c!--end tabExcerpt--\u003e\u003cdiv id=\"tab-ancillaries\" class=\"tab-content\"\u003e \u003cp\u003eAll ancillaries are free to adopting instructors through \u003ca href=\"\/pages\/ancillary-materials\" target=\"_blank\"\u003eHK\u003ci\u003ePropel\u003c\/i\u003e\u003c\/a\u003e.\u003c\/p\u003e\n\u003cp\u003e\u003cb\u003eInstructor guide.\u003c\/b\u003e Includes a sample syllabus, chapter summaries, assignments, answers to the class discussion topics in the book, suggested essay topics, and tips for presenting the chapter content. A total of 10 case studies are available (5 from the text plus an additional 5), along with study questions for the 5 cases found in the book. Also included are instructional materials for the four class projects featured in the online resources for students.\u003c\/p\u003e\n\u003cp\u003e\u003cb\u003eTest package.\u003c\/b\u003e Contains 30 questions per chapter in true-false, fill-in-the-blank, essay and short-answer, and multiple-choice formats. Also included are 44 multiple-choice and true-false financial literacy questions to assess students’ current understanding of finance. The files may be downloaded for integration with a learning management system or printed for use as paper-based tests. Instructors may also create their own customized quizzes or tests from the test bank questions to assign to students directly through HK\u003ci\u003ePropel\u003c\/i\u003e. Multiple-choice and true-false questions are automatically graded, and instructors can review student scores in the platform.\u003c\/p\u003e\n\u003cp\u003e\u003cb\u003eChapter quizzes.\u003c\/b\u003e Contains ready-made quizzes (10 questions each) to assess student comprehension of the most important concepts in each chapter. Each quiz may be downloaded or assigned to students directly through HK\u003ci\u003ePropel\u003c\/i\u003e. The chapter assessments are automatically graded, and instructors can review student scores in the platform.\u003c\/p\u003e\n\u003cp\u003e\u003cb\u003ePresentation package.\u003c\/b\u003e Features approximately 20 PowerPoint slides per chapter of text, artwork, and tables from the book that can be used for class discussion and presentation. The slides in the presentation package can be used directly within PowerPoint or printed to make handouts for students. Instructors can easily add, modify, and rearrange the order of the slides.\u003c\/p\u003e\n\u003cp\u003e\u003cb\u003eInstructors also receive access to all student materials in HK\u003ci\u003ePropel\u003c\/i\u003e.\u003c\/b\u003e For \u003ci\u003eSport Finance\u003c\/i\u003e, this includes four class projects that are assignable as trackable activities:\u003c\/p\u003e\n\u003col\u003e\n\u003cli\u003eTwo-Dollar Team Game\u003c\/li\u003e\n\u003cli\u003ePersonal Finance Budget\u003c\/li\u003e\n\u003cli\u003ePersonal Finance Expenses\u003c\/li\u003e\n\u003cli\u003eStock Market Game\u003c\/li\u003e\n\u003c\/ol\u003e\n\u003cp\u003eThese projects include downloadable files for the students in Word and Excel formats.\u003c\/p\u003e\n\u003cp\u003eAnother valuable resource in HK\u003ci\u003ePropel\u003c\/i\u003e is “Two-Dollar Team,” an Excel-based simulation that introduces students to assets and liabilities, revenue and expenses, budgeting, cash management, and borrowing and reveals how these specialties work together in developing financial strategies. Three other assignable class projects involve personal budgeting, expenditures, and a stock market game.\u003c\/p\u003e\n\u003c\/div\u003e\u003c!--end tabAncillaries--\u003e","brand":"Gil Fried,Timothy D. DeSchriver,Michael Mondello","offers":[{"title":"Ebook With Online Resource","offer_id":43512938528842,"sku":null,"price":89.0,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/1281\/4359\/files\/9781718217416.jpg?v=1777398808","url":"https:\/\/us.humankinetics.com\/products\/sport-finance-5th-edition-epub","provider":"Human Kinetics","version":"1.0","type":"link"}