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With a sponsorship deal worth $22 million, JP Morgan’s Chase Bank marked the 43rd anniversary of its partnership the US Open Tennis Championships for the 2024 edition and eight years as presenting sponsor of the Men’s Singles Championships. The partnership is also the largest sponsorship deal in terms of annual value for this year’s tournament. […]
2024 Tour de France generates estimated $70.06 million in sponsorship revenue, reveals GlobalData
As the world’s most prestigious annual men’s multiple-stage bicycle race, the Tour de France attracted several major companies as key sponsors. The largest sponsorship deal in terms of annual value for the 2024 Tour de France was its partnership with LCL. The five-year deal, which covers the 2024-2028 period, sees LCL sponsor the Tour de […]
Premier League sponsorship revenue reaches $1.68 billion for 2024-25 season, reveals GlobalData
With big increases in sponsorship from areas such as the clothing & accessories and gambling industries, the combined value of the sponsorship rights across the 20 English Premier League clubs for the 2024-25 season has increased by 12.4% to $1.68 billion from under $1.5 billion in the previous season, according to GlobalData, a leading data […]
Soccer dominates both annual sponsorship spend and deal volume of apparel sector in 2024, reveals GlobalData
Given the popularity of soccer globally, it is unsurprising how dominant the sport is within the apparel sector. With 871 deals, soccer accounts for over 40% of the total deal volume across the apparel sector. Soccer’s largest deal in terms of annual value is Spanish soccer club’s Barcelona partnership with Nike. Additionally, apparel brands have […]
Gambling brands secure shirt sponsorship deals worth $135.43 million in Premier League 2024-25, reveals GlobalData
In April 2023, the Premier League announced that it would introduce a ban on gambling shirt sponsors on club shirts. That ban is set to come into force at the beginning of the 2026-27 season. With two seasons left until the ban takes effect, clubs are not slowly easing off these shirt deals but rather […]
Allianz largest spending and most active insurance brand in sports sponsorship in 2024, reveals GlobalData
Allianz has become one of the International Olympic Committee’s (IOC) elite TOP (The Olympic Partners) sponsors, following a deal with the sports governing body of Olympic Games. The insurance brand’s deal with IOC will also see it serve as a global partner of the International Paralympic Committee (IPC). The deal has an estimated total value […]
Barclays leads Wimbledon sponsorship surge as prize money and media value hit new highs, reveals GlobalData
The 2024 Wimbledon Championships saw record-breaking sponsorship and prize money, reflecting the event’s growing financial clout. Barclays’ significant $118.65 million deal highlighted the tournament’s evolving commercial landscape, while British Broadcasting Corp’s (BBC) media coverage underscored shifting viewer dynamics. Despite lower viewership due to competition with the UEFA final, Wimbledon’s commitment to equal prize money continues […]
2024 UEFA European Championships generates estimated sponsorship revenue of $535.25 million, reveals GlobalData
The 2024 edition of the UEFA European Championships saw sponsorship deals from a total of 25 brands, with the largest deal in terms of annual value being with adidas. Alongside Sportradar, Coca-Cola’s deal ranks joint second in terms of the largest sponsorship deals. Overall, the 2024 UEFA European Championships generated sponsorship revenue of $535.25 million, […]
Soccer dominates payments sector as Mastercard and Visa drive major sponsorship deals in 2024, reveals GlobalData
Soccer continues to dominate the payments sector in 2024, with 140 deals totaling $371.60 million annually. Mastercard’s landmark $195 million sponsorship of the UEFA Champions League highlights soccer’s unparalleled commercial value. UEFA’s substantial annual expenditure, followed by FIFA and other major leagues, reinforces the sport’s global appeal. Visa also makes a strong impact with high-profile […]
Women’s elite sports revenues to hit $1.3 billion in 2024 amid persistent gender challenges, reveals GlobalData
Global revenues for women’s elite sport are projected to reach $1.3 billion for the first time in 2024, driven by rising attendances and television viewing figures. The 2023 FIFA Women’s World Cup and Women’s Ashes series highlighted this surge. Despite progress, women’s sports still face challenges in closing the gender gap and achieving equal pay, […]
2024 US Open Golf sees major sponsorship and prize pool milestones despite viewership dip, reveals GlobalData
The 2024 US Open Golf Championship showcased significant sponsorship investments, with financial services giant American Express leading the pack at $10.75 million annually. Despite a slight dip in viewership from 2023, the event remained a major draw, offering a record $12.5 million prize pool. Long-term sponsor partnerships underscore the event’s enduring appeal and financial stability, […]
Goodyear sponsorship deal drives NASCAR’s growing commercial success, reveals GlobalData
The Goodyear Tire & Rubber Company has secured The National Association for Stock Car Auto Racing’s (NASCAR) largest sponsorship deal for 2024, worth $25 million annually and covers the 2023-2027 period. This partnership designates Goodyear as the official tire for NASCAR’s top three national series and title sponsor for the Goodyear 400 race in Darlington, […]
2024 ICC Men’s T20 World Cup generates estimated $61 million in sponsorship revenue, reveals GlobalData
The 2024 ICC Men’s T20 World Cup was sponsored by a total of 11 brands, with Emirates Airline holding the largest sponsorship deal. The eight-year deal, which covers the 2024-31 period, sees the airline as a premium partner of the ICC, sponsoring the organization’s umpires, match referees, and match officials. The deal is worth an […]
Marriott Hotels & Resorts most active hotel brand in sports sponsorship for 2024, reveals GlobalData
One facet of the travel and tourism sector is hotels. Several high-end hotels have carved out a niche for themselves in the world of sports sponsorship. Some of the largest sponsorship agreements within the hotel sector are with some of the biggest sports leagues, mainly across the US, including the National Football League (NFL). With […]
Giro d’Italia 2024 generates over $48 million in sponsorship revenue, reveals GlobalData
The 2024 Giro d’Italia was the 107th edition of the Giro d’Italia, a three-week Grand Tour cycling stage race. It was sponsored by 65 brands, with Enel holding the largest sponsorship deal, which saw the energy company sponsor the race leader’s pink jersey, the iconic Maglia Rosa. The following three largest sponsors in terms of […]
UFC and DraftKings partnership tops gambling and betting sector’s sport sponsorship deals in Americas, reveals GlobalData
American gambling and betting brands dominate the sports sponsorship spend across the Americas region. The top 10 largest deals are heavily dominated by the big four major sports leagues in the Americas, which include the National Football League (NFL), the National Basketball Association (NBA), the National Hockey League (NHL), and Major League Baseball (MLB). However, […]
EA Sports biggest sports sponsorship tech brand in Americas in 2024, reveals GlobalData
Soccer is the most popular sport in terms of sponsorship agreements across the Americas region. EA Sport is the most active tech brand in the region, and one of the key drivers of its deal volume is its partnerships with several American football teams, including the Tampa Bay Buccaneers, Philadelphia Eagles, and Kansas City Chiefs. […]
2024 Indian Premier League to generate $99.31 million in sponsorship revenue, says GlobalData
The Indian Premier League (IPL) is the most popular cricket franchise league in the world. The 2024 IPL’s top sponsorship is the tournament’s five-year deal with Tata Group, worth an estimated $60.15 million annually. The deal is almost four times higher than the next highest deal and sees the brand serve as the IPL’s title […]
Masters generates total annual sponsorship revenue of $50.75 million for 2024 edition, reveals GlobalData
The 2024 Masters Golf Tournament witnessed a total of seven sponsors, with the joint-top sponsors in terms of annual deal value being IBM and AT&T, each with deals worth $9 million. Mercedes-Benz, Delta Air Lines, Rolex, and UPS, which have been long-term partners of the tournament, are also sponsors for the 2024 edition. There was […]
Intel generates highest sport technology sponsorship spend in APAC in 2024, reveals GlobalData
Intel is one of the key tech drivers in the esports industry, driving the PC gaming market. In 2024, the brand generated high-value deals with esports teams and series, Riot Games, JD Gaming, and Global Esports. With an annual spend of $8.85 million generated from only three deals, Intel recorded the highest sport technology sponsorship […]