This e-book has sought to explore these characteristics and how they impact on a professional sport team's strategic direction. Our aim has been to add to the growing body of knowledge surrounding the economics and management of professional sport teams and enhance it by harnessing research, which seeks to explain, analyse and evaluate the characteristics of professional sport teams from a more holistic perspective. To that end the papers collected in this e-book consider sports from around the world, challenge how we measure performance and how we can understand the impact of regulation and the advancement in technology.