May 2, 2013

Pricing Helps NBA set Record for Gate Revenue

NBA

(from Sports Business Journal, April 29, 2013) The NBA and its franchises set a record for gate revenue this year.  League officials reported that teams earned more per-game gate revenue in 2012-13 than any previous season.  The league did not release the specific numbers, but they have reported a 6 percent increase in average per-game […]

April 18, 2013

Up Next: SEC Network

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(from Sports Business Journal, April 15, 2013) The Southeastern Conference has successfully completed the buy-back of its TV, digital, and sponsorship rights from all third parties, allowing the launch of its new TV channel with ESPN starting next year.  The network has yet to be named and will officially debut in August 2014.  It will […]

April 4, 2013

NCAA Sponsorship Delivers Customers for UPS

2013 Final Four

(from Sports Business Journal, April 1, 2013) UPS is expecting five times more of NCAA-related revenue compared to last year’s figures.  Recent logistics and shipping deals with businesses such as Turner Sports and Populous have been key factors in UPS’s attempt to generate new revenue from their partnership with the NCAA.  The NCAA sponsorship doesn’t […]

March 21, 2013

Citi Wrapping Up USOC Renewal

Sochi

(from Sports Business Journal, March 18, 2013) Citi and the U.S. Olympic Committee are in the process of finalizing an agreement allowing Citi to return as the official retail bank of Team USA for the 2014 Sochi and 2016 Rio Games.  The proposed deal is valued at $15 million over 4 years.  TD Ameritrade also announced […]

February 28, 2013

Daytona Refurb: An NFL Stadium for Racing

Daytona

(from Sports Business Journal, February 25, 2013) Daytona International Speedway has recently taken a progressive step towards a complete renovation of its legendary facility.  The first interior images of the facility were presented last week by the Track President, Joie Chitwood III.  The renovation is unlike anything NASCAR has seen before, and is more comparable […]

February 14, 2013

NY Super Bowl Won’t Catch NFL Out in the Cold

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(from Sports Business Journal, February 11, 2013) After an eventful Super Bowl in New Orleans this year, there are more questions than answers regarding next year’s New York Super Bowl.  The Super Bowl will be held outdoors at MetLife Stadium, allowing many uncontrollable factors to possibly impact this large event.  This isn’t the first cold-weather climate Super Bowl […]

November 29, 2012

Pedigree Part of Pitch for Fox Sports 1

Fox Sports

(from Sports Business Journal, November 26, 2012) Fox Sports has been heavily marketing its newest channel to top sports industry insiders, top league executives, and top conference executives with big aspirations in mind.  The channel is called Fox Sports 1 and is a rebrand of their current motorspeed channel, Speed.  Fox Sports 1 is expected […]

November 8, 2012

Clock Ticks for NBA on Jersey Ads

David Stern, NBA Commissioner

(from Sports Business Journal, November 5, 2012) Since last year the NBA has been in the process of allowing teams to sell jersey advertising and it could be put into place as soon as next season.  No conclusion has been reached on whether the deals will be sold on the league level or the team […]

October 25, 2012

Revenue Sharing among NFL Clubs Plummets

NFL-logo

(from Sports Business Journal, October 22, 2012) Wealthy NFL teams aren’t sharing their revenue with financially challenged teams like they did in past years, but this is not cause for concern.  In 2011, the amount of money transferred dropped from around $100 million to close to $15 million, which is a very small fraction of […]

October 11, 2012

UEFA Deal Offers Risk, Big Potential Reward for CAA

MESSI

(from Sports Business Journal, October 8, 2012) UEFA chose the newly created CAA Eleven, subsidiary of CAA Sports, to exclusively sell the commercial rights for Euro 2016 and qualifying events for the 2018 FIFA World Cup.  CAA Eleven was chosen over more established candidates IMG and Sportfive, respectively.  This is the largest global commercial rights […]

September 27, 2012

RSNs have Blueprint for Dealing with Autumn Work Stoppage

NHL Lockout

(from Sports Business Journal, September 24, 2012) Regional Sports Networks (RSNs) are preparing once again for a work stoppage in a popular professional sport in the autumn season.  Last year the NBA went through a brief lockout, and this year the NHL is in a work stoppage.  Executives are repeating the process of trying to […]

September 13, 2012

Big College Buys for Lowe’s, Hershey

IMG College

(from Sports Business Journal, September 3, 2012) Hershey and Lowe’s have both agreed to multimillion-dollar sponsorship deals with IMG College, a rights holder of 77 schools.  Hershey and Lowe’s, both represented by GMR Marketing, also have NCAA corporate partnerships that are separate from their deals with IMG College.  Lowe’s has been a NCAA sponsor since […]