Sport Finance: Where The Money Comes From, And Where The Money Goes

Author(s): Karen Weaver

Edition: 1

Copyright: 2021

Pages: 412

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$55.13

ISBN 9781792481420

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Sport Finance: Where The Money Comes From, And Where The Money Goes is a first of its kind textbook that invites students to evaluate sports across the entire industry. Each chapter contains similar fundamentals, allowing students to analyze financial, governance and structural elements of different leagues and organizations side by side. If a student brings to class a deep knowledge of how one sport operates financially, but is less aware of how other sports manage, this text allows students to compare 12 different major sport industries along with two crucial industry revenue drivers, stadium financing and sports media.

This sport finance text has several other unique characteristics: it is the first to look deeply at the how emerging professional sports industries for women work: it provides the student an analysis of the exploding youth sports industry, including the massive youth sports complexes being built all over the country; a comparison of the financial structures of professional soccer leagues worldwide; the inner workings of collegiate sport finance; and a broad look at what the future holds in the next decade with technology accelerating at unprecedented speed.

Your students will find this a relatable read, pulling them into the content via charts, graphs and case studies that help them more fully understand the challenges and opportunities facing the sports industry. This book is a perfect choice for a business or sports management curriculum.

CHAPTER 1: Introduction to Sports Finance
CHAPTER 2: Business of Sports Media
CHAPTER 3: Business of College Sports
CHAPTER 4: Business of Mega Recreational Complexes
CHAPTER 5: Business of Stadium Financing
CHAPTER 6: Financing a Youth Sports Enterprise–A Case Study
CHAPTER 7: Business of Esports
CHAPTER 8: Business of Major League Baseball
CHAPTER 9: Business of Professional Soccer
CHAPTER 10: Business of Women’s Sports and Pay Equity
CHAPTER 11: Business of the NBA and WNBA
CHAPTER 12: Business of the National Football League
CHAPTER 13: Business of the National Hockey League
CHAPTER 14: Business of the Olympics
CHAPTER 15: Future Trends in Sports Finance

Karen Weaver

Karen Weaver is an expert on college sports as they intersect with higher education management, media, finance, and policy. A former Division I and Division III head coach and athletics administrator, Dr. Weaver examines college athletics from the perspectives of university presidents and trustees, athletic conference organization, higher education scholars, and sports finance oversight. Her research includes mid-majors and FBS Division I institutions, public finance and facility debt policies, and the role that college senior leaders can and should play in managing athletics.

Dr. Weaver has been a part of Penn GSE since 2007, when she began her doctoral studies in higher education management. After graduation, she left a 30+ year career in college athletics to join the faculty at Drexel University. Dr. Weaver began teaching at Penn GSE in 2012 and joined as an adjunct assistant professor in 2020.

In addition to teaching in Penn GSE’s higher education programs, Dr. Weaver contributes to the Center for Professional Learning, developing content for senior leaders in higher education covering oversight of college athletics. She has taught undergraduate and graduate courses in leadership, sports and digital media, marketing, and promotions. While at Drexel, Dr. Weaver was recognized by the Drexel Center for Academic Excellence for her work with undergraduate student media projects.

Dr. Weaver is a regular contributor to Forbes.com and an executive producer and host of the podcast “Trustees and Presidents.” She has led a research team on behalf of the Knight Commission on Intercollegiate Athletics on athletics governance, and has published over 50 articles.

A long-time athletics administrator in NCAA Divisions I and III, Dr. Weaver has received numerous honors and appointments during her years in college athletics. She has worked in several Big Ten universities, and built an athletics program from club status into full NCAA Division III membership.

As a college athlete, she was an All-American and one of the first women ever to earn an athletics scholarship under Title IX. She was part of the U.S. National Training Squad in field hockey that qualifi ed, but did not compete, in the 1980 Moscow Olympic Games. Her USA Field Hockey playing and coaching experiences include U.S. National Training Squad, U.S. Olympic Training Center camps, and U.S. Olympic Development Camps. She currently serves on the NCAA Committee on Athlete Biometric Data. She was named in Sportico’s Top 50 Sports Business Twitter Follows for 2021. She tweets at @drkarenweaver.

New Publication Now Available!

Sport Finance: Where The Money Comes From, And Where The Money Goes is a first of its kind textbook that invites students to evaluate sports across the entire industry. Each chapter contains similar fundamentals, allowing students to analyze financial, governance and structural elements of different leagues and organizations side by side. If a student brings to class a deep knowledge of how one sport operates financially, but is less aware of how other sports manage, this text allows students to compare 12 different major sport industries along with two crucial industry revenue drivers, stadium financing and sports media.

This sport finance text has several other unique characteristics: it is the first to look deeply at the how emerging professional sports industries for women work: it provides the student an analysis of the exploding youth sports industry, including the massive youth sports complexes being built all over the country; a comparison of the financial structures of professional soccer leagues worldwide; the inner workings of collegiate sport finance; and a broad look at what the future holds in the next decade with technology accelerating at unprecedented speed.

Your students will find this a relatable read, pulling them into the content via charts, graphs and case studies that help them more fully understand the challenges and opportunities facing the sports industry. This book is a perfect choice for a business or sports management curriculum.

CHAPTER 1: Introduction to Sports Finance
CHAPTER 2: Business of Sports Media
CHAPTER 3: Business of College Sports
CHAPTER 4: Business of Mega Recreational Complexes
CHAPTER 5: Business of Stadium Financing
CHAPTER 6: Financing a Youth Sports Enterprise–A Case Study
CHAPTER 7: Business of Esports
CHAPTER 8: Business of Major League Baseball
CHAPTER 9: Business of Professional Soccer
CHAPTER 10: Business of Women’s Sports and Pay Equity
CHAPTER 11: Business of the NBA and WNBA
CHAPTER 12: Business of the National Football League
CHAPTER 13: Business of the National Hockey League
CHAPTER 14: Business of the Olympics
CHAPTER 15: Future Trends in Sports Finance

Karen Weaver

Karen Weaver is an expert on college sports as they intersect with higher education management, media, finance, and policy. A former Division I and Division III head coach and athletics administrator, Dr. Weaver examines college athletics from the perspectives of university presidents and trustees, athletic conference organization, higher education scholars, and sports finance oversight. Her research includes mid-majors and FBS Division I institutions, public finance and facility debt policies, and the role that college senior leaders can and should play in managing athletics.

Dr. Weaver has been a part of Penn GSE since 2007, when she began her doctoral studies in higher education management. After graduation, she left a 30+ year career in college athletics to join the faculty at Drexel University. Dr. Weaver began teaching at Penn GSE in 2012 and joined as an adjunct assistant professor in 2020.

In addition to teaching in Penn GSE’s higher education programs, Dr. Weaver contributes to the Center for Professional Learning, developing content for senior leaders in higher education covering oversight of college athletics. She has taught undergraduate and graduate courses in leadership, sports and digital media, marketing, and promotions. While at Drexel, Dr. Weaver was recognized by the Drexel Center for Academic Excellence for her work with undergraduate student media projects.

Dr. Weaver is a regular contributor to Forbes.com and an executive producer and host of the podcast “Trustees and Presidents.” She has led a research team on behalf of the Knight Commission on Intercollegiate Athletics on athletics governance, and has published over 50 articles.

A long-time athletics administrator in NCAA Divisions I and III, Dr. Weaver has received numerous honors and appointments during her years in college athletics. She has worked in several Big Ten universities, and built an athletics program from club status into full NCAA Division III membership.

As a college athlete, she was an All-American and one of the first women ever to earn an athletics scholarship under Title IX. She was part of the U.S. National Training Squad in field hockey that qualifi ed, but did not compete, in the 1980 Moscow Olympic Games. Her USA Field Hockey playing and coaching experiences include U.S. National Training Squad, U.S. Olympic Training Center camps, and U.S. Olympic Development Camps. She currently serves on the NCAA Committee on Athlete Biometric Data. She was named in Sportico’s Top 50 Sports Business Twitter Follows for 2021. She tweets at @drkarenweaver.