What is sports accounting?

Sports accounting involves payroll and budget management for the operations of a sports team. Some sports accountants work directly for a sports franchise, while other accounting professionals may operate independently and contract with teams who need assistance with specific aspects of their financial balance sheets. As a sports accountant, your responsibilities include ensuring your clients comply with all accounting regulations and practices and maintaining proper bookkeeping. Your duties may also change based on the season. For example, in the offseason, sports accountants often help a team’s front office determine how much they can spend on new players.