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Show Me The Money: An Investigation into the Financial Issues Surrounding Professional Athletes and the Importance of Wealth Management

Description
This project is an investigation into the many financial issues professional athletes face. These issues include bad spending habits, poor investments, freeloaders (posses/entourages), and more. Following is an explanation of Financial Planning and Wealth Management, and how the application of these strategies and tactics - specifically the use of Sustainable…

This project is an investigation into the many financial issues professional athletes face. These issues include bad spending habits, poor investments, freeloaders (posses/entourages), and more. Following is an explanation of Financial Planning and Wealth Management, and how the application of these strategies and tactics - specifically the use of Sustainable Withdrawal Rates in a Capital Sufficiency Analysis - can help to avoid such issues. An illustration of these practices "in action" is given through a case study of fictional athletes and portfolios. Lastly, recommendations are given on potential solutions that could help prevent these problems from affecting more athletes.
ContributorsCastellani, Robert Thomas (Author) / Eaton, John (Thesis director) / Cassidy, Nancy (Committee member) / Judge, Evan (Committee member) / Barrett, The Honors College (Contributor) / School of International Letters and Cultures (Contributor) / WPC Graduate Programs (Contributor) / W. P. Carey School of Business (Contributor) / School of Accountancy (Contributor)
Created2014-05
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Brand Perceptions Across University Athletes and Non-Athletes

Description
I use Arizona State University's rebranding initiative with Nike as a starting point for examining how partnerships between elite brands and universities affect different types of students. I draw from literature on self-completion theory and identity salience to suggest that there are differences between athletes and non-athletes in how they…

I use Arizona State University's rebranding initiative with Nike as a starting point for examining how partnerships between elite brands and universities affect different types of students. I draw from literature on self-completion theory and identity salience to suggest that there are differences between athletes and non-athletes in how they believe elite sportswear products may affect their athletic performance. I propose that athletes feel more "complete" than non-athletes because they are more proficient in their respective sport. As such, non-athletes are more likely to use sportswear products (Nike) to become more proficient in athletics and have stronger beliefs that elite sportswear products will help them arrive at their goals. I also propose and find that students who feel that ASU plays an important part of their life perceive even greater performance boosts from using Nike products. These findings suggest that particular attention should be paid to the athletes and non-athletes in initiatives that link specific institutions and organizations to performance brands.
ContributorsGoldman, Alexa (Author) / Eaton, John (Thesis director) / Samper, Adriana (Committee member) / Kohler, Michael (Committee member) / Barrett, The Honors College (Contributor) / W. P. Carey School of Business (Contributor)
Created2012-12

Maximizing the Talent of Athletes Transitioning from Collegiate and Amateur to Professional Sports Careers

Description
This thesis aims to properly prepare athletes for the significant life changes that will impact them as they transition from college or amateur athletics to professional sports careers. This thesis also identifies the benefits that reap from early education on expectations of learning what to expect at an earlier point…

This thesis aims to properly prepare athletes for the significant life changes that will impact them as they transition from college or amateur athletics to professional sports careers. This thesis also identifies the benefits that reap from early education on expectations of learning what to expect at an earlier point in their amateur career. Certain areas are struck as having increasing importance in the transition: financial preparation, mental health and mental strengthening, public relations practice, nutritional needs, and other lifestyle choices that can help athletes reach their potential. Improving education in these areas, preparing athletes for these changes, and showing examples of what to expect as they transition into professional sports can benefit the athletes, the universities and colleges in which they are educated, the franchises in which they are drafted, and the communities where they reside. This information can be delivered through a handbook while having in-person training that can build upon each session to dive deeper into each given topic while building relationships with the athletes.
ContributorsMurphy, Flynn (Author) / Spies, Lindsey (Co-author) / McIntosh, Daniel (Thesis director) / Eaton, John (Committee member) / Barrett, The Honors College (Contributor) / Department of Marketing (Contributor)
Created2023-05

SPIES_MURPHY_Spring_2023.pdf

ContributorsMurphy, Flynn (Author) / Spies, Lindsey (Co-author) / McIntosh, Daniel (Thesis director) / Eaton, John (Committee member) / Barrett, The Honors College (Contributor) / Department of Marketing (Contributor)
Created2023-05

Playbook for Life.pdf

ContributorsMurphy, Flynn (Author) / Spies, Lindsey (Co-author) / McIntosh, Daniel (Thesis director) / Eaton, John (Committee member) / Barrett, The Honors College (Contributor) / Department of Marketing (Contributor)
Created2023-05

Thesis Defense Slides.pdf

ContributorsMurphy, Flynn (Author) / Spies, Lindsey (Co-author) / McIntosh, Daniel (Thesis director) / Eaton, John (Committee member) / Barrett, The Honors College (Contributor) / Department of Marketing (Contributor)
Created2023-05
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Pediatric Shoulder Rehabilitation

Description

Objectives:
As a result of increased participation in competitive sports, shoulder instability, subluxations, and dislocations are common injuries in the adolescent athlete. These injuries worsen when athletes over train, make physical contact, and do not take enough time for rest between injuries. Protocols and therapies need to be implemented to prevent…

Objectives:
As a result of increased participation in competitive sports, shoulder instability, subluxations, and dislocations are common injuries in the adolescent athlete. These injuries worsen when athletes over train, make physical contact, and do not take enough time for rest between injuries. Protocols and therapies need to be implemented to prevent subsequent injuries, including progressive measurement of rehabilitation and return to play (RTP) outcomes. The goal of treatment for these athletes is to return them to their previous level of performance and prevent re-injury.

The purpose of this quality improvement evidence-based project was to determine if the use of the Pediatric Adolescent Shoulder Survey (PASS) affects return to play. The aims of this project were to determine if there was a change in return to play (RTP) outcomes, compare length of RTP between operative and non-operative groups, and determine if PASS scores improved over time.

Methods:
The PASS is a 13 item, patient reported outcomes (PROs) survey assessing symptoms, limitations, compensatory mechanisms, and emotional distress. It is reliable and valid for athletes who have acute shoulder injuries and decreased range of motion or strength.

After obtaining Institutional Review Board (IRB) approval from the institution and university, providers at a southwestern sports medicine clinic were educated on administration and scoring of the survey. Surveys were administered to athletes ages 8-18 who presented with shoulder injuries at intervals. Retrospective and prospective chart reviews were obtained at baseline (control group) and post intervention (intervention group). Return to play (RTP) days and Pediatric Adolescent Shoulder Survey scores were recorded.

Results:
Independent t-tests were calculated to compare mean RTP days from control and intervention groups, RTP for operative and non-operative groups within the control and intervention groups. Statistically significant t (20) = -2.827, p = 0.03) differences were noted between operative group for the intervention group, (n=9), M=136.00 (SD=51.49) days vs non-operative group, M= 83.68 (SD=31.78) days. No statistically significant difference between control group M =118.68 (SD=55.95) days and intervention group M=107.52 (48.77) days was noted. PASS scores showed improvement over time.

Conclusion:
The PASS instrument may positively affect RTP. There was a significant change in RTP for the whole group. Non-operative patients RTP sooner than operative for the whole sample. PASS scores improved over time for all patients.
ContributorsKunz, Brittany (Author) / O'Haver, Judith (Thesis advisor) / Uri-Glover, Johanna (Thesis advisor)
Created2018-04-30