For undergraduate courses in sports economics, this book introduces core economic concepts developed through examples from the sports industry.
The sports industry provides a seemingly endless set of examples from every area of microeconomics, giving students the opportunity to study economics in a context that holds their interest. The Economics of Sports explores economic concepts and theory of industrial organization, public finance, and labor economics in the context of applications and examples from American and international sports.
EconEdLink provides a premier source of classroom-tested, Internet-based economic and personal finance lesson materials for K-12 teachers and their students. With over 435 lessons to choose from, teachers can use as many of the lessons as they would like and as often as they would like.
Economics of Sports
Many students (and teachers) are huge sports fans and illustrating economic concepts using real-world examples from the world of professional sports engages students in a way that abstract models canâ€™t. Professional sports offers many opportunities to teach fundamental economic concepts such as supply and demand, incentives, comparative advantage, and many more. This collection of lessons will give you fresh ideas for teaching beyond the textbook.
As the sports industry continues to navigate choppy waters, its ongoing growth is becoming increasingly dependent on its ability to adapt to the global megatrends that are shaping business decisions around the world.
In order to gauge the mood among leading international sports federation executives, we conducted a survey that assesses the extent to which demographic and social change, shifts in global economic power and technological advances are affecting decision-making in the sports industry.
The key findings of the survey include the fact that leading sports executives remain largely optimistic in the face of the many threats faced by the sports industry, are increasingly investing in digital solutions, and see the Asia Pacific region as the industry’s priority growth area.
CaptureSportFor more information, the full set of findings of the survey and the insights that we were able to derive from them are summarized and accessible in our report, entitled PwC’s Sports Survey 2016.
The Adelphi online Sports Management degree helps you to develop the professional skills and personal leadership strategies you need to thrive in the sports industry, and cultivate the professional network to help you make it happen with a sport management degree that is: A sports management degree can help propel you towards any one of a number of careers in the exciting world of sports. Adelphi’s online Sports Management degree is designed to prepare you to approach roles of leadership confidently in a variety of different areas, including:Intercollegiate Sport, Professional Sport,Sport marketing, Sport Journalism and Media,Community-Based Sport,Fitness and Sports Club Management
Viva sua paixao‘ – Live your passion! This is the official slogan for the 2016 Olympic Games in Rio de Janeiro. Following this spirit, we would like to welcome you to Rio for the 8th International Sport Business Symposium, organised by Professor Holger Preuss (Mainz) in cooperation with Professor Lamartine DaCosta (Rio de Janeiro).
The host must undertake tremendous efforts to not only fulfil the requirements for staging the Games, but also to maximize the economic, social, environmental, political, and structural benefits which come along with the event. This demand is underpinned in the IOC’s Agenda 2020.
The current programme includes a workshop ‘Sustainability and Legacy’. Those members of the IOC Commission on Sustainability and Legacy will meet with selected scholars from around the world to discuss and shape the newly developed legacy framework.
Additionally there will be a discussion group which includes the topic: ‘What Rio 2016 can contribute for the upcoming 2017-2020 in education programs’.
Business in Sport summit that will take place on 17-18 November 2016 in Milan, Italy. This summit is the ultimate sports business event that will gather leagues, clubs, commercial stakeholders, sponsorship specialists, major event managers & promoters, media and government officials to discuss emerging trends and actionable insights on the main drivers behind the industry. Business in Sport is also designed as an exclusive networking event that will create a perfect atmosphere to cover the whole breadth of sports business and marketing components and provide current experience and industry know-how across a wide spectrum of the industry challenges
Following three separate in-depth investigations, the European Commission has concluded that public support measures granted by Spain to seven professional football clubs gave those clubs an unfair advantage over other clubs in breach of EU State aid rules.
As a result, Spain has to recover the illegal State aid amounts from the seven clubs, namely FC Barcelona, Real Madrid, Valencia, Athletic Bilbao, Atlético Osasuna, Elche and Hercules.
Commissioner Margrethe Vestager, in charge of competition policy, commented: “Using tax payers’ money to finance professional football clubs can create unfair competition. Professional football is a commercial activity with significant money involved and public money must comply with fair competition rules. The subsidies we investigated in these cases did not.”
EU State aid rules apply to public interventions in the market to ensure that they do not distort competition by selectively favouring one market participant over another. Professional sport is an economic activity. Football clubs conduct marketing, merchandising, TV broadcasting, transfer of players etc., and compete at international level. In many cases, professional football clubs have significant turnover. EU State aid rules ensure that public funding does not distort competition between clubs. They protect the level playing field for the majority of professional clubs who have to operate without subsidies.
The first investigation concerned tax privileges in favour of Real Madrid, FC Barcelona, Athletic Bilbao and Atlético Osasuna. In Spain, professional football clubs are considered as limited liability companies for tax purposes. However, these four clubs were treated as non-profit organisations, which pay a 5% lower tax rate on profit than limited liability companies. The four clubs benefitted from this lower tax rate during over twenty years, without an objective justification. Spain has in the meantime adjusted its legislation on corporate taxation to end this discriminatory treatment effective as of January 2016. To remove the undue advantage received in the past, the clubs now have to return the unpaid taxes. Based on available information the Commission estimates that the amounts that need to be recovered are limited (€0-5 million per club) but the precise amounts that need to be paid back are to be determined by the Spanish authorities in the recovery process.
In a second investigation, the Commission examined a land transfer between Real Madrid and the City of Madrid. The inquiry determined, based on an independent study, that the land affected by the transaction was overvalued by €18.4 million. This gave Real Madrid an unjustified advantage over other clubs, which it now needs to pay back.
Finally, the Commission investigated guarantees given by the State-owned Valencia Institute of Finance (IVF) for loans granted to three Valencia football clubs (Valencia, Hercules and Elche). At the time, those clubs were in financial difficulties. The public guarantee allowed the clubs to obtain the loans on more favourable terms. As the clubs paid no adequate remuneration for the guarantees, this gave them an economic advantage over other clubs, who have to raise money without state backing. The state financing was not linked to any restructuring plan to make the clubs viable and none of them implemented compensatory measures to offset the distortion of competition created by the subsidy. In order to restore the level playing field with non-subsidised clubs, Valencia, Hercules and Elche now have to pay back the advantage they received. This amounts to €20.4 million for Valencia, €6.1 million for Hercules and €3.7 million for Elche.
6-7 May 2016: Gijon (Spain)
XI Gijon Conference on Sports Economics
Abstract submission deadline: 15 March 2016
13-14 May 2016: Tuebingen (Germany)
Conference of the German Association of Sport Economics & Sport Management
Abstract submission deadline: 31 December 2015
19-20 May 2016: Berlin (Germany)
International Conference Sport Economics & Sport Management (SESM)
Abstract submission deadline: 31 December 2015
31 August-2 September 2016: Groningen (The Netherlands),
Conference of the European Sport Economics Association e.V. (ESEA)
Abstract submission deadline: 31 March 2016
Web: http://www.rug.nl/research/eef/esea2016/ More information :http://sporteconomics.eu/conferences
The 20th Conference of the German Association of Sport Economics and Sport Management will focus on sport labour economics which is – 60 years after Rottenberg’s seminal article was published in the Journal of Political Economy – still a hot topic with various managerial as well as policy implications. Besides the keynotes by Professor Bernd Frick (University of Paderborn) and Professor Michael Lechner (University of St. Gallen) we look very much forward to your abstract submissions until December 31st 2015. In addition to the conference theme the conference is open to all areas of sport economics / management research.
It would give us a great pleasure to welcome you on May 13th and 14th 2016 at the University of Tuebingen and discuss with you the latest findings in sport economics research. Prof. Dr. Tim Pawlowski
(Chair in Sport Economics, Sport Management and Media Research)
This year’s ESEA Conference on Sports Economics will take place at the University of Zurich from August 27 to 28, 2015.