Articles in this issue:

  • Arne Fedderson
    Jane E. Ruseski
    Babatunde Buraimo
    and Joachim Prinz

    This issue of the International Journal of Sport Finance (IJSF) represents another milestone in our history: It is the 10th anniversary of our journal. In February 2006, the first issue of IJSF, published under the editorship of Dennis Howard and Bill Gerrard, displayed the broad variety of topics we regularly publish. While the early issues contained four research articles and an executive interview, later issues consisted mainly of five research articles with an occasional book review. This steady development of the IJSF into a renowned field journal is a major accomplishment of Dennis...Read more

  • Christopher Kemper
    Christoph Breuer

    Football clubs usually generate revenues from three different sources: broadcasting, commercial activities, and ticket sales (Bühler & Nufer; 2010). In contrast to clubs in the English Premier League, teams in the Bundesliga are unable to capitalize on ticket sales (Nufer & Fischer, 2013). Until now ticket prices in the Bundesliga have been the lowest among Europe’s top five leagues despite its clubs having the highest stadium attendance in European football (Nufer & Fischer, 2013). Yet, revenues from ticket sales are the most controllable stream of income for football clubs,...Read more

  • Terence Eddy
    Daniel Rascher
    and Rebecca Stewart

    College football is considered by many to be an important aspect of campus life, which also promotes a connection with alumni and other supporters (Toma, 2003). The overall interest in NCAA Division I Football Bowl Subdivision (FBS) football remains high, as 35.3 million fans attended regular-season games during the 2012 season (though it should be noted that this represents a 3% drop from the all-time high in 2008) (Solomon, 2012). However, these figures can be deceiving when considering that the range of spectator interest in FBS football is extremely wide. For example, four teams (...Read more

  • Andreas Madum

    In recent years it has become increasingly popular to exploit the rich data available from sporting contests to obtain insights about important questions within business, finance, and economics. One question, which has been studied extensively using data from primarily soccer teams, is whether managerial turnover affects firm performance. But as in the more traditional literature in finance (e.g., Khanna & Poulsen, 1995; Weisbach, 1988) no clear consensus has been reached thus far.Read more

  • Wayne McEwan
    Neil E. Metz

    The notion of competitive balance (CB) is a central issue common to all sports leagues. Economists, fans, players, owners, and even league commissioners are all concerned with competitive balance and its impact on the demand for their sport, league, and team. Economists have noted the importance of team parity on league success for quite some time (Rottenberg 1956). Closer competitions lead to greater excitement, which increases demand for teams and the league. Given its importance, many leagues have implemented policies such as salary caps, luxury taxes, revenue sharing, and drafts in an...Read more

  • Hojun Sung
    Changi Nam
    Minki Kim
    and Seung Hun Han

    Sport sponsorship has increased the value of sponsoring firms by becoming a key factor in the communication mix with customers and investors that can enhance corporate image and stimulate the sales of products and services (Javalgi, Traylor, Gross, & Lampman, 1994). Several studies show that sport sponsorship can lead to positive stock returns, which is consistent with modern corporate finance’s ultimate goal of maximizing firm value (Chen & Chen, 2012; Cornwell, Pruitt, & Clark, 2005; Miyazaki & Morgan, 2001; Pruitt, Cornwell, & Clark, 2004; Reiser, Breuer, &...Read more