A Study on the Revenue Structure and Sales Recognition of Professional Baseball Teams

The purpose of this study is to investigate the accounting characteristics of professional baseball teams, focusing on Kiwoom Heroes' other income in sales through player transfers, and to introduce accounting cases in sports industry. Kiwoom Heroes is the only corporation among the 10 clubs that is not operated by Chaebol in Korea, and due to the characteristics of its business environment, transfer fee income (in sales accounts) is continuously shown and its proportion in sales is high. We introduce management cases that allow the general public to easily access accounting through the accounting characteristics and situations of the popular sports industry called professional baseball. We hope that this study will provide an opportunity to find diversity in case study topics in the field of accounting research, which focuses on empirical analysis.