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Sports Finance and Management
book

Sports Finance and Management

by Jason A. Winfree, Mark S. Rosentraub, Brian M Mills
August 2011
Intermediate to advanced
500 pages
17h 16m
English
CRC Press
Content preview from Sports Finance and Management
409
Chapter 12
League Policies,
Taxes, and Profits
Introduction
is chapter focuses on the ways in which league policies and taxes aect the prof-
its of sports teams. Both professional and collegiate sports leagues are somewhat
unique in that there are many (externally enforced and required) policies that dic-
tate how teams receive money and how those funds can be spent. Most of these
policies are in place to achieve some level of competitive balance, but fail to achieve
any semblance of parity on the eld. ere are also many taxes unique to the sports
industry that can have a large eect on a team’s prots. Taxes or tax laws, such as
player ta
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Publisher Resources

ISBN: 9781439897102