Sports Finance

Sports finance involves managing and allocating the money related to sports teams, leagues, and facilities. It covers revenue sources like ticket sales, broadcasting rights, sponsorships, and merchandise. It also includes expenses such as player salaries, stadium operations, marketing, and development projects. Effective sports finance ensures teams are financially sustainable while investing wisely in talent and infrastructure to compete successfully. It combines principles of business, economics, and management to support the growth and stability of sports organizations.