Description :

Sport finance and management real estate entertainent and the remaking of the business is a collectworthy piece especially for undergraduates interested in the management administration and governance of professional sports. Sports finance and management real estate entertainment and the remaking of the business takes an in depth look at the changes in the sports industry including the interconnecting financial issues that occur when a sports team becomes a part of bigger companies the altered nature of fan loyalty influenced by network and internet footprint . This definitive text on sports management and finance focuses on how the modern sports team has evolved addressing the fact that the 21st century sports team has turned to a real estate development media and entertainment corporation this book focuses on the how and why of the change rather than traditional finance topics such as borrowing money ticket pricing and player compensation. As the sport business continues to evolve so too does sport finance and management the first version of this book took an in depth look at changes in the sport industry including interconnecting financial issues between teams and their associated businesses the nature of fan loyalty influences and the impact of sponsorship on team revenues. The sports business landscape has changed dramatically in the past two decades teams and facilities have become integral parts of the businesses of real estate and development entertainment and the media while an understanding of core financial management issues specific to the sports industry is still mandatory a greater appreciation of financial and management issues that link teams to