Numbers Game: The Accounting Side of Sports
Title: Numbers Game: The Accounting Side of Sports
Category: /Literature/English
Details: Words: 226 | Pages: 1 (approximately 235 words/page)
Numbers Game: The Accounting Side of Sports
Category: /Literature/English
Details: Words: 226 | Pages: 1 (approximately 235 words/page)
“Numbers Game: The Accounting Side of Sports”
For the most part, expenses are final, and for the most part, expenses are player
salaries. Like any business, teams are always looking for the competitive advantage,
something to set them apart. Each team gets a equal price of the league’s shared revenue
pie. Just like in a regular business, the business has a fixed amount on how much can be
spent and in professional sports they
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paid a salary equal to the average of the top five players of that
position in the league.
In baseball the financial gains is mostly made out on the field, with the leagues most
successful teams having the highhest payrolls, but in football sometimes the teams with the
most success can lose money and the worst ones can be the most profitable because of
factors such as fan attendence and the popularity of the team.