What economic rules govern sports? How does the sports business differ from other businesses? Playbooks and Checkbooks takes a fascinating step-by-step look at the fundamental economic relationships shaping modern sports. Focusing on the ways that the sports business does and does not overlap with economics, the book uncovers the core paradox at the heart of the sports industry. Unlike other businesses, the sports industry would not survive if competitors obliterated each other to extinction, financially or otherwise--without rivals there is nothing to sell. Playbooks and Checkbooks examines how this unique economic truth plays out in the sports world, both on and off the field. Noted economist Stefan Szymanski explains how modern sporting contests have evolved; how sports competitions are organized; and how economics has guided antitrust, monopoly, and cartel issues in the sporting world. Szymanski considers the motivation provided by prize money, uncovers discrepancies in players' salaries, and shows why the incentive structure for professional athletes encourages them to cheat through performance-enhancing drugs and match fixing. He also explores how changes in media broadcasting allow owners and athletes to play to a global audience, and why governments continue to publicly fund sporting events such as the Olympics, despite almost certain financial loss. Using economic tools to reveal the complex arrangements of an industry, Playbooks and Checkbooks illuminates the world of sports through economics, and the world of economics through sports.
Author Biography:
Stefan Szymanski is professor of economics and the MBA Dean at the Cass Business School, City University London. He is the coauthor of Fans of the World, Unite!: A (Capitalist) Manifesto for Sports Consumers; National Pastime: How Americans Play Baseball and the Rest of the World Plays Soccer; and Winners and Losers: The Business Strategy of Football.
Choose a destination to see accurate shipping times, delivery options, pricing and product availability.
Afterpay logo
Shop now. Pay later. Always interest‑free.
Swing through the checkout with Afterpay.Get your order now, pay in four fortnightly payments.
Afterpay offers simple payment plans for online shoppers, instantly at checkout.Buy what you want today, pay for it over time. Interest free, with no additional fees if you pay on
time.
1
Select Afterpay as your payment method
Use your existing payment card
2
Complete your checkout in seconds
No long forms, instant approval
3
Get your items just as fast as always
Your order ships straight away
4
Pay over four payments, interest free
Enjoy now, pay later
How it works
Simply select Afterpay as your payment method in the checkout or when picking up your items from the Mighty Ape distribution centre,
and enter your details at Afterpay to complete your order
Your payment schedule will be shown in the checkout, and emailed to you
If you are a new Afterpay customer, the first payment will be made at the time of purchase, with
remaining payments over the next 6 weeks
Once you have been an Afterpay customer for 6 weeks, on subsequent orders you may be eligible to
make your first payment in 14 days, with final payment in 8 weeks
If you need to return your items for a refund, the payment plan can be cancelled
If you fail to make a payment, you will be charged a late payment fee of $10 with a further $7
fee added 7 days later if the payment is still unpaid