Increasingly it is recognised that sport, especially professional sport, is a rich area for economic analysis. The book sets out to explain the economic factors behind the growth and development of professional sport and sports leagues, and to demonstrate how economic analysis may be used to investigate the behaviour of the main stakeholders in the industry. The book does not only use examples a to illustrate microeconomic principles but also aims to provide a comprehensive economic explanation of the development and conduct of professional sports and sporting leagues.