Acclaim for the first edition:‘No other title currently on the market comes close to doing what Késenne’s does. . . first-rate. Highly recommended.’- A.R. Sanderson, Choice This revised and updated edition of The Economic Theory of Professional Team Sports elaborates on the themes of the successful first edition of this book. In particular, the chapters on product and player labour markets are completely rewritten, with more attention paid to sport and the media, aspects of welfare economics and the specification of well-behaved club revenue functions. It will be required reading for advanced undergraduate and graduate students in sports economics.