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The development of sports economics has exploded in recent years, and this well-researched and relevant book explores some of the most critical themes. Contemporary Issues in Sports Economics examines topics that have previously received little attention in the literature, such as the determinants and social impacts of sports participation including the link to crime levels. The distinguished authors also discuss some of the less investigated aspects of professional team sports, including: sports betting, financing and governance the impact of low scoring matches on competitive balance and fan appeal in European football the effect on player transfers of a luxury tax on club payrolls in Major League Baseball. This invaluable book will appeal to graduate and postgraduate students in sports economics, sport management and sport sciences, as well as managers and coaches involved with clubs, leagues and federations. Sports participants, fans, bookmakers and bettors will also find much to interest them in this unique and insightful study. Contributors: W. Andreff, M. Breuer, R. Caruso, F. Daumann, P. Dawson, P. Downward, J. Garcia, J.G. Maxcy, L. Perez, G. Raballand, P. Rodriguez, S. Szymanski