Overview: In a sport management role, you may find yourself in a position where you will need to analyze
financial data and make important decisions based on that information. Imagine that you are in such a position,
and that you need to present to stakeholders and explain the impact of a proposed project from a financial
perspective. Having a solid foundation in financial and economic concepts will help you communicate financial
information and its impacts in a meaningful way.
Prompt: Specifically, the following critical elements must be addressed:
Sport Organizations:
Wichita State University is currently in a mid-major conference and wants to move to a Power Five conference
You must use the Budget Spreadsheet template
I. Executive Summary
C. Determine the sport organization’s financial health based on what you discovered, and support your
response with information from the most
recent balance sheet.
D. Estimate the costs that the sport organization will need to cover as a result of the proposed project, and
explain how the estimate was reached.
E. Identify potential sources of revenue that the project will bring to the organization to fund the project,
supported by specific examples.
F. Discuss economic impacts across departments for the additional costs incurred as a result of the proposed
project.
Sample Solution