| Course ID: | KINS 4520E/6520E. 3 hours. |
| Course Title: | Sport Finance |
Course
Description: | Finance theory applied to sport organizations. Included are
forms of ownership, revenues and costs in sport organizations,
financial analysis, feasibility studies, economic impact
studies, and public finance of sport. |
| Oasis Title: | Sport Finance |
| Duplicate Credit: | Not open to students with credit in KINS 4520 or KINS 6520 |
| Nontraditional Format: | This course will be taught 95% or more online. |
| Prerequisite: | (ECON 2106 or ECON 2106E or ECON 2106H) and (KINS 3430 or KINS 3430E) |
| Grading System: | A-F (Traditional) |
|
| Course Objectives: | The course focuses on developing the skills necessary to apply
financial analysis principles to sports-related topics. After
completing the course, students will be able to:
1. describe key characteristics of sports organizations;
2. identify principal sources of financing for sports–public
and private;
3. summarize financial principles as they apply to sports
organizations, including response to tax incentives, capital
budgeting, sources of cash flow, and risk management;
4.critique justifications for public finance of sport, including
critical analysis of economic impact studies. |
| Topical Outline: | 1. Overview of the sports industry
2. Challenges of financing sport
3. Revenue sources in sports: gate and stadium revenue,
broadcasting revenue, advertising, and sponsorship
4. Costs in sports organizations
5. Business structure and financial systems in sports
6. Time value of money applications to sport
7. Capital budgeting applications to sport
8. Risk management and portfolio theory applications to sport
9. Public funding of sports facilities: feasibility studies,
Economic Impact Analysis, Contingent Valuation Method
10. Team Sport League Financial Issues: sharing revenue,
payroll caps |