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49 new sponsorship contracts have been agreed by crypto brands and sports industry rights holders in 2021, with these deals estimated to be worth over $107 million a year. Lucrative partnerships have seen the sponsorship value of cryptocurrency brands in 2021 grow nearly ninefold, with new agreements in 2020 worth just over $12m compared to […]
Coca Cola still dominates EMEA sport sponsorship, representing over a quarter of brand spend in the region, according to GlobalData
Coca Cola’s partnerships in the EMEA region account for $132m of non-alcoholic drinks sector spend in the territory The soft drink giant sees 145 active deals in the EMEA region, roughly a fifth of all the active deals in the sector US brands are currently seeing the greatest value in the EMEA market, with brands […]
European sports market dominates non-alcoholic drinks sponsorships in 2021, says GlobalData
The non-alcoholic drinks sector is worth $479m in 2021 in the EMEA region, with $367m directed towards the European sports market. The Middle East and African markets remain undeveloped by comparison, with fewer sport teams and competitions located in these regions. Middle East and African sport markets currently see $7.25m in partnerships with the non-alcoholic […]
Athlete activism is as powerful as ever as Cristiano Ronaldo wipes billions of Coca-Cola’s share price
Following today’s news (Wednesday 16 June) that Coca-Cola saw a $4.2bn dip in share price following Cristiano Ronaldo removing two of its bottles during a press conference; Conrad Wiacek, Head of Sport Analysis at GloblaData, a leading data and analytics company, offers his view: “Cristiano Ronaldo’s actions in removing bottles of Coca-Cola from the press […]
NFL makes most profit from naming rights in North America but Europe market falls significantly short in comparison, says GlobalData
A whopping 91% of all venues used in the NFL are subject to a title naming partnership. Coupled with the fact that the league boasts the biggest and some of the most famous stadias worldwide, this means that the league generates the most income from stadium naming rights deals, says GlobalData, a leading data and […]
Without the Olympics, the entire global sporting economy is at risk
The four-year Olympic cycle generates significant revenue for the International Olympic Committee (IOC) and the 28-member International Federations, with sponsors and broadcasters committing billions in rights and sponsorship fees for partnerships that are able to leverage the iconic five rings logo. The threat of the Olympics not going ahead in Tokyo has been hanging over […]
AT&T merger with Discovery could be a gamechanger for sports broadcasting, says GlobalData
Following today’s news (17 May) that AT&T and Discovery are to merge, Conrad Wiacek, Head of Sport Analysis at GlobalData, a leading data and analytics company, offers his view on the impact for sports media rights: “With the news that AT&T and Discovery are to merge, the landscape for sports media rights and sports broadcasting […]
Manchester United’s commercial dominance no longer guaranteed following loss of £200m deal, says GlobalData
Following the news that The Hut Group is ending its sponsorship of Manchester United’s training kit before it has even begun; Conrad Wiacek, Head of Sport Analysis at GlobalData, a leading data and analytics company, offers his view on the commercial prospects of the world’s biggest soccer team: “The question now is how much damage […]
New Champions League format could represent an extra €1.68bn in broadcasting revenues, says GlobalData
UEFA’s new Champions League format, set to come into effect from the 2024-2025 season, will likely represent a significant increase in broadcasting revenues for UEFA as a result of the expanded fixture list. According to GlobalData, the current 32-team Champions League format generates approximately €2.1bn ($2.5bn) from broadcasting partners. This works out at an average […]
BT looking to sell its sport platform biggest causality of COVID-19 and will usher in new broadcast era, says GlobalData
Following the news that BT is in talks to sell its BT Sport arm, Conrad Wiacek, Head of Sport Analysis at GlobalData, a leading data and analytics company, offers his view on the state of the media market: “With BT looking to sell BT Sport, with the likes of Amazon, DAZN and Disney likely to […]
$146.12m could be lost from an entire season without fans in MotoGP, says GlobalData
With a number of Grand Prix for the 2021 season having already announced plans to forgo attendances, the cost of an entire season without fans across the 22 races in MotoGP would see the competition lose out on nine-figure sums, says GlobalData, a leading data and analytics company. Jake Kemp, Sport Analyst at GlobalData, […]
Over $1bn worth of partnership agreements for the ‘Big Six’ Premier League clubs could be at risk, says GlobalData
Following today’s news (Wednesday 21 April) that the proposed European Super League will likely not go ahead; Conrad Wiacek, Head of Sport Analysis at GlobalData, a leading data and analytics company, offers his view on the state of the sponsorship market: “The six Premier League clubs who attempted to breakaway and form a Super League […]
New soccer ‘Super League’ could destroy English Premier League rights process, says GlobalData
Following today’s news (Monday 19 April) that 12 European soccer clubs plan to form a breakaway Super League; Conrad Wiacek, Head of Sport Analysis at GlobalData, a leading data and analytics company, offers his view on the state of the media rights market: “The Super League proposal, led by 12 European clubs, is a direct […]
$296.49m estimated loss from ticket sales a worse-case scenario for Formula One, says GlobalData
With the Formula 1 season being extended to a 23-race season in 2021, the sport is visiting more locations than ever before and in a usual year would expect to reap even more financial gain because of the enhanced calendar, but global uncertainty means the event faces another season of missed potential revenue, with live […]
Sports industry facing $313m sponsorship loss from airline sector in 2022 as deals face termination, says GlobalData
Airline sector sponsorship deals with the sports industry that are expiring in 2021 are currently worth $313.85m The COVID-19 pandemic is forcing industry wide job losses and bankruptcies, making non-renewals of sport sponsorships inevitable Etihad Airways stands as the most exposed airline with $61.67m in sponsorship agreements expiring in 2021 Having been a consistent partner […]
NFL’s $100bn media rights deal shows sports rights may be ‘COVID resistant’, says GlobalData
Following today’s news that the NFL has signed a US$100bn 11-year media rights deal in the US; Conrad Wiacek, Head of Sport Analysis at GloblaData, a leading data and analytics company, offers his view on the state of the media rights market: “COVID-19 has hit all aspects of the economy, including broadcasters, but news of […]
Delayed Euro 2020 has exemplified the East’s growing influence in the global sponsorship market, says GlobalData
The delayed UEFA European Championship is an example of the East’s growing presence in the post-COVID-19 global sponsorship market, says GlobalData, a leading data and analytics company. Considering the cross-border differences in economic recovery from COVID-19, those markets recovering at a faster pace will likely increase their market share in the global sponsorship industry as […]
The predictions of a ‘bounce back’ for the sports industry are exaggerated, says GlobalData
While the sports industry is optimistically predicting a bounce back as COVID-19-related restrictions ease, the hardship currently being felt by the sports industry is going to continue for a little while longer, says GlobalData, a leading data and analytics company. Conrad Wiacek, Head of Sport Analysis at GlobalData, explains: “Sport has been severely impacted by […]
New Balance and AS Roma deal highlights shift to pay-for-performance model
New Balance has struck a new kit supply deal with Italian soccer club AS Roma, utilising a pay-for-performance kit supply model in securing the contract. The deal, reportedly worth around €4m ($4.8m) per-year plus the Value-In-Kind (VIK) of the kit supply, offers a lower-base fee than incumbent kit supplier Nike, who were reportedly paying €5m […]
Serena Williams tops the commercial pile for women’s sport at an estimated $32.2m for 2021
Tennis legend Serena Williams stands as the most commercially valued athlete across women’s sport with her 18 partnerships standing at an estimated $32.2m for 2021. Grand slam rival Naomi Osaka comes in second at $27.1m, according to GlobalData, a leading data and analytics company. Patrick Kinch, Sport Analyst at GlobalData, comments: “Tennis currently represents the most lucrative sporting sector for women’s sport in terms of athlete endorsements, with 122 brand partnerships across its top 13 players accumulating an estimated $97.26m in sponsorship value this year.” Osaka, owing to her dual […]