The new sport finance book, co-written by SportsEconomics president Daniel A. Rascher is the only book that truly adresses financial management in sport.
- It begins by covering finance basics and the tools and techniques of financial quantification, using relevant sport examples.
- It then goes beyond the basics to show how financial management works in the industry—how decisions are made to ensure wealth maximization.
- Discussions include time value of money, capital budgeting, facility financing, economic impact, and risk and return.
- The final part of the book focuses on sport finance in three sectors of the industry—parks and recreation, collegiate athletics, and professional sport—providing in-depth analysis of financial management within each sector.