Sport Finance
by Gil Fried, Timothy D. DeSchriver, Michael Mondello
5th Edition
Publisher: Human Kinetics, Inc.
Book Details
| Print ISBN | 9781718217409 |
| eText ISBN | 9781718217416 |
| Publisher | Human Kinetics, Inc. |
| Publishing Year | 2025 |
| Edition | 5th Edition |
| Language | English |
| Pages | 376 |
The textbook Sport Finance, 5th Edition, by Gil Fried, Timothy D. DeSchriver, and Michael Mondello, provides higher education students with a structured framework for understanding economic operations in sport management. Published by Human Kinetics, Inc., this volume guides readers through fundamental financial principles applied directly to sports organizations.
The material outlines industry sectors while detailing core accounting elements, including assets, liabilities, and financial statements. Subsequent units address revenue generation, expense tracking, short-term cash management, and long-term cash management. Students also analyze budgeting procedures, strategic financial planning, and ratio analysis to transition from organizational strategy to practical action.
Available as a 376-page paperback with an online resource, the volume incorporates specialized reference appendices covering formulas, the time value of money, and sample financial statements from Mike’s Gym and Under Armour. This structural organization prepares students in sport business courses for real-world analytical tasks.
Table of Contents
Chapter 1: Introduction to Sport Finance
- • Personal Finance Basics
- • What Is Sport Finance?
- • Financial Problems Affecting Sport Industry Segments
- • Financial Solutions
- • How Sport Finance Affects an Entire Sports Organization or Industry
- • Conclusion
Chapter 2: Sport Industry Sectors and Segments
- • Amateur and Participatory Sport
- • College Sport
- • Professional Sport
- • Segments Transcending the Sport Sectors
- • Conclusion
Chapter 3: Basic Financial Concepts
- • Revenues and Expenses
- • Types of Financial Statements
- • Financial Ratios
- • Time Value of Money
- • Economic Versus Financial Analysis
- • Conclusion
Chapter 4: Assets and Liabilities
- • Identifying Assets
- • Identifying Liabilities
- • Conclusion
Chapter 5: Financial Statements
- • Types of Financial Statements
- • Financial Statement Analysis
- • Annual Reports
- • Conclusion
Chapter 6: Understanding Revenue
- • Revenues in the Sport Industry
- • Revenues in Professional Sport
- • Revenues in Intercollegiate Athletics
- • Revenues in the Sporting Goods Industry
- • Revenue Planning
- • Revenue Generation
- • Conclusion
Chapter 7: Understanding Expenses
- • Expenses in the Sport Industry
- • Expenses in Professional Sport
- • Expenses in Intercollegiate Athletics
- • Expenses in the Sporting Goods Industry
- • Other Expenses for Sports Organizations
- • Conclusion
Chapter 8: Budgeting: A Road Map for Sports Organizations
- • Importance of Financial Planning
- • Determining Financial Objectives
- • The Anatomy of a Budget
- • Budget Types
- • Pro Forma Budgets and Business Plans
- • Incorporating the Pro Forma Budget Into the Business Plan
- • Conclusion
Chapter 9: The Budgeting Process
- • Collecting the Data
- • Applying the Data
- • Building the Budget From the Ground Up
- • Variance Analysis
- • Conclusion
Chapter 10: Short-Term Cash Management
- • Funding Sources
- • Cash Management Strategies
- • Open Markets and Other Short-Term Borrowing
- • Long-Term Borrowing
- • Funding for Small or Ethnic Minority–Owned Businesses
- • Conclusion
Chapter 11: Long-Term Cash Management
- • Stocks
- • Shareholders’ Rights
- • Stock Dividends
- • Sport Stocks
- • Stock Buybacks
- • Bonds
- • Costs of Issuing Bonds
- • Loan Repayment
- • Government-Issued Bonds
- • Long-Term Borrowing
- • Conclusion
Chapter 12: Financial Planning
- • Financial Forecasting
- • Financial Planning Strategies
- • Capital Spending
- • Cost of Capital
- • Projecting Cash Flow
- • Break-Even Analysis
- • Managerial Accounting
- • Conclusion
Chapter 13: Financial Ratios
- • Liquidity Ratios
- • Activity Ratios
- • Financial Leverage Ratios
- • Profitability Ratios
- • Determining a Company’s Value
- • Techniques to Determine the Value of an Investment
- • Conclusion
Chapter 14: Moving From Strategy to Action
- • Creation Strategy
- • Finding Funds and Investors
- • Keeping an Even Keel
- • Growth and Expansion
- • Contraction
- • Selling a Business
- • Conclusion
Chapter Appendix A: Mike’s Gym Financial Statements
Chapter Appendix B: Under Armour Financial Statements
Chapter Appendix C: Time Value of Money
Chapter Appendix D: Formulas
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▶Research Sources (13)
- Sport Finance | Rent | 9781718217416
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- Academics - Physical Education - American Press
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- Sport Finance - ISBN 9781718217409
- FiT Publishing — Global Publishers in Sport Sciences
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- Sport Finance 5th Edition
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