Preston Robert Tisch Institute for Global Sport

Capital Markets & Investments in Sport

An examination of the principles of organizing, operating, and financing teams as well as single and mixed-use projects from the perspectives of business operators, investors, and owners. A review of the valuation of the sports enterprise, including team holdings, facilities, and ancillary real estate. Topics covered include: analyzing risk-adjusted returns, structuring letters of intent, team and facility leases and project documents, market analysis, identification of key enterprise revenues and expenses, event mix utilization, facility contracts, lender agreements, league leverage rules, credit stratification, sourcing capital and enterprise valuation methodology, sources of capital and their impact on projects, and public and private partnerships. Several case studies analyzing a variety of projects will be integrated into the course.