Solution Manual For Financial Management in the Sport Industry, 3th Edition by Matthew T. Brown; Daniel A .Rascher; Mark S. Nagel; Chad D. Mcevoy Chapter 1-16
Chapter 1
Introduction to Sport Finance Chapter Overview I. II.
III.
IV. V. VI.
VII.
Introduction What is finance? a. Money and capital markets b. Investments c. Financial management Five ways to finance the operation of a sport organization a. Debt b. Equity c. Retained earnings d. Government funding e. Gifts Overview of the industry a. North American Industry Classification System (NAICS) Financial size of the sport industry a. Gross domestic sports product Structure of sport businesses a. Franchise ownership models i. Single owner/private investor model ii. Multiple owners/private investment syndicate model iii. Multiple owners/publicly traded corporation model b. League structures i. Single-entity ownership model ii. Distributed club ownership model Financial and economic factors affecting sport a. Economic cycle i. USOC ii. Collegiate athletics iii. Women’s professional sports iv. NASCAR