1 THE MARKET STRUCTURE FOR PROFESSIONAL TEAM SPORT
In Part 1 of the book, we outline the broader concepts of sport economics that link to the world of professional team sport. It’s important to note that these concepts will be used in the context of professional team sports rather than general leisure economics – such broader discussion can be found elsewhere. There are numerous other textbooks devoted to the area of leisure and recreation economics, including the seminal text The Economics of Sport and Recreation by Gratton and Taylor (2000). Our focus therefore is explicitly on the economics of professional team sports across the world. On that basis, we will discuss the unique position that professional team ...
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