This article explains the background of financial management in the sports management industry. It provides pointers as to why the sports management industry is both unique and complex when it comes to the issue of financial management.
Articles on Sports Management
This article explains the various sources of funding which are used by sporting franchises. It also provides examples related to different sources of funding and explains issues related to them.
This article explains the concept of sports franchising. First, it provides a definition of sports franchising. Then it explains the pros and cons of the franchising model.
This article explains the concept of a franchising agreement in the context of sports leagues. It also explains some of the common issues which arise while drafting and executing franchise agreements. It also clearly explains the main points related to the financial and commercial aspects of sports leagues and how they can be managed with franchising agreements.
This article explains the complexity associated with deciding the revenue mix in sports leagues. It explains some of the characteristics of the revenue mix and how it impacts the overall finances of the sports league.
This article explains the common issues related to revenue-sharing arrangements between franchises and franchisors. It explains how these issues impact the decisions of franchises and therefore impact the economic future of the entire league.
This article explains the concept of salary caps and salary floors. It explains the different types of caps and floors. It also explains the stated objectives which influence the implementation of these rules.
This article explains the advantages of the salary cup. It explains why the presence of a salary cap is advantageous to different types of players, franchises, and even the league as a whole.
This article explains the disadvantages of the salary cap system. It explains how the salary cap system has significant disadvantages for almost all the parties involved.
This article explains the concept of the luxury tax. It provides details about how the luxury tax system is implemented. It also explains the objectives of this tax and the effect that it has on the league.
This article explains the concept of broadcasting rights. It explains the various forms of broadcasting rights and also explains how sports leagues across the world are able to monetize their content.
This article explains why broadcasting revenues are sold in a centralized manner as opposed to a decentralized manner. It also explains the factors which are taken into account while deciding how the revenues should be distributed.
This article explains the limitations of using broadcasting revenue to generate income for sports leagues. It also explains the details of each limitation and how they impact the sports league in question.
This article explains the concept of digital media rights. It also explains why the economic value of digital media rights is witnessing an increase while the economic value of traditional broadcasts is witnessing a decline.
This article explains the basics of sponsorship and how they relate to the financing of sports leagues. It explains the common issues which need to be taken into account by the management if they decide to use sponsorship to raise funds.
This article explains the concept of individual sponsorships. It explains the common types of individual sponsorships. It also explains the reasons why individual sponsorship has limited popularity.
This article explains why general economic principles are not accurate when it comes to predicting the behavior of teams participating in a sports league. It also explains the peculiar economic rules which apply to sports leagues.
This article explains the concept of sponsorship of teams in sports leagues. It explains the different mechanisms using which brands can sponsor sports teams and the pros and cons related to each method.
This article explains the concept of title sponsorship. First it explains how title sponsorships work. Then it goes on to explain the various disadvantages which are associated with title sponsorship.
This article explains the advantages of title sponsorship. It enumerates the various benefits that are provided to title sponsors and provides details about the same.
This article explains the pros and cons associated with the sponsorship of sports teams that participate in competitive leagues. A detailed explanation of the pros and cons has been provided in this article.
This article explains the common objectives of sponsorships. It explains the reasons why corporations agree to pay millions of dollars in order to get associated with sporting events in the form of a sponsor. The four common sponsorship objectives have been explained in detail.
This article explains the various factors which need to be taken into account when corporates make a decision regarding sponsoring a sports event. A detailed analysis of the various factors has been explained in this article.
This article explains the concept of risks associated with sponsorship of sports events. The risks explained in this article are from the point of view of the sponsoring entity and explain the possible negative effects which could be faced by them as a result of the sponsorship deal.
This article explains the risks which are borne by the sponsored entity when they partner with another commercial entity in order to raise sponsorship funds. The details of the risks involved as well as steps to mitigate them have been mentioned in this article.
This article explains the concept of level-based sponsorship or tiered sponsorship. It also explains the types of events for which this sponsorship is suitable. Lastly, it also lists the advantages of using this type of sponsorship arrangement.
This article explains the disadvantages of level-based or tiered sponsorship arrangements. The list of shortcomings has been provided along with a detailed explanation in order to enable informed decision-making.
This article explains how the effectiveness of sponsorship spending is measured. It also explains how the method of measuring effectiveness changes in response to the change in objective behind the sponsorship.
This article explains the common issues related to sponsorship agreements. It provides a detailed explanation of the origin as well as the importance of these issues which impact the sponsorship evaluation process.
This article explains the concept of fantasy sports leagues. It also explains how why sports leagues need an official fantasy sports league partner. It also explains the main issues associated with such partnerships.
This article explains the benefits of fantasy sports leagues to the actual sports leagues. It provides an explanation of the various economic benefits. The article also explains why sports leagues are disregarding the so-called negative publicity and are openly associating with fantasy sports.
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