SPM 3315 - Sport Finance and Economics
In this course, students will use both financial and economic analysis to study a wide variety of issues affecting the sport industry. Specific topics examined will include (but are not limited to): player contract structures and time value of money, the effects of free agency and collective bargaining processes on player salaries, the effects of league-wide policies such as revenue sharing, salary caps, and luxury taxes on team financial performance and on league competitive balance, methods of determining team valuation, the financial drivers of NCAA conference realignment, and the impacts and rationales for government subsidization of stadiums.
From this course, students will learn core financial principles as they are related to the unique context of sport organizations, while also gaining the ability to apply analytical techniques to these organizations’ financial decision making. In addition, students will gain an awareness of both the overall economic structure of the sport industry and of the key economic issues facing the industry. In short, students will be exposed to a blend of financial and economic principles that drive revenue generation and distribution in the sport industry.
Prerequisite(s): BUS 2215