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2024 saw the release of Netflix’s sixth season of the popular docu-series, Drive to Survive, which offers behind-the-scenes access to Formula One fans across the course of a season. This has helped the series continue to boost its commercial revenue, as its 22 active sponsorship deals in 2024 are set to generate $513.75 million in […]
Toyota dominates automotive sector in Americas region in terms of spend and deal volume, reveals GlobalData
In the competitive landscape of the automotive sector in the Americas region, Toyota emerges as a dominant force, leading in both expenditure and deal volume. With a strong presence across various sports partnerships, particularly in motorsport and American football, Toyota’s strategic alliances underscore its commitment to engaging with diverse audiences. This signifies not only substantial […]
AFCON teams’ commercial value still fairly limited compared to other leagues globally, reveals GlobalData
The Africa Cup of Nations (AFCON) continues to rank as the biggest national-team soccer competition on the continent of Africa. The competition has recorded progress in its commercial value with its teams securing 153 deals collectively for the 2024 competition However, despite this progress, AFCON teams’ commercial value is still fairly limited in both value […]
Helmet and patch sponsorship deals revitalize NHL revenue post COVID-19, reveals GlobalData
The National Hockey League (NHL) has successfully navigated financial challenges post COVID-19 by embracing innovative solutions. The introduction of helmet and patch sponsorships emerged as pivotal revenue streams, with helmet deals estimated at $91.22 million annually, surpassing patch deals at $32.2 million. The growing popularity of these partnerships, evident in increased team participation, reflects a […]
NBA teams will generate $293.83 million this season through patch partnership deals, reveals GlobalData
As the NBA enters the penultimate year of its $2.67 billion domestic media rights deal, a pivotal revenue source emerges through patch partnerships. Teams are set to generate $293.83 million during the 2023-24 season, with the LA Lakers and LeBron James maintaining their popularity, according to GlobalData, a leading data and analytics company. Ahead of […]
Los Angeles Rams to lead NFL with $149.69 million income from key partnerships in 2023-24 Season, reveals GlobalData
The Rams, past winners of two Super Bowl championships, are estimated to enjoy the greatest income of all the teams in the league. The team, based at SoFi Stadium Verdão, is estimated to receive a total of $149.69 million from partners across the 2023-24 season. This is predominantly from lucrative deals with SoFi, Ball Corporation, […]
Bud Light dominates alcoholic beverages sport sponsorship in Americas region in 2023, reveals GlobalData
Across the Americas region (North America, South America, Central America, and the Caribbean), American football has by far the greatest value in sponsorship with alcoholic beverages brands and is staggeringly $388.83 million ahead of baseball in terms of revenue. The major contributor to this is Bud Light’s deal with the National Football League (NFL), worth […]
European Court of Justice ruling will fundamentally change soccer industry, says GlobalData
Following the news that the European Court of Justice (ECJ) has found that UEFA and FIFA have broken competition laws by blocking the creation of the European Super League (ESL); Conrad Wiacek, Head of Sport Analysis at GlobalData, a leading data and analytics company, offers his view: “The ECJ’s ruling that UEFA and FIFA have […]
Tourist boards navigate lucrative sponsorships with soccer giants and beverage brands, says GlobalData
In a dynamic intersection of travel and sports, 96 tourist boards have active sponsorship deals in place with sports properties from a variety of different sports. A significant number of these agreements involves some of the world’s largest soccer clubs, boasting substantial fanbases from around the globe. Among the highly lucrative deals, eight non-alcoholic beverages […]
Solheim Cup 2023 season generates over $5 million in sponsorship revenue, reveals GlobalData
Sponsorship continues to play a pivotal role in elevating the status of the Solheim Cup as a premier women’s golf event globally. These partnerships not only contribute to the event’s expanding global recognition but also provide the collaborating brands a chance to capitalize on its continuous growth. For 2023, the biennial golf tournament generated more […]
Automotive brands’ sports sponsorship deals in Americas to reach over $2.1 billion in 2023, estimates GlobalData
Many globally recognised automotive brands such as Toyota, Honda, and Bridgestone, have active sponsorship deals in place with some of the most popular sports properties, including the NFL, Nascar, and the PGA Tour, in the Americas region. Against this backdrop, sports sponsorship spending by automotive brands in the region is estimated to reach more than […]
Alcoholic beverage brands generate $147.26 million in sports sponsorship revenue in APAC for 2023, reveals GlobalData
Sponsorship plays a crucial role in supporting sports properties around the APAC region, in maintaining their operations, and in improving their regional and global exposure. It contributes to the enhancement of sports in APAC and increases exposure to those brands. Overall, 236 alcoholic beverage brands engaged in sports sponsorship within APAC in 2023, generating a […]
ICC Men’s Cricket World Cup 2023 success marred by fan discontent and logistical challenges, reveals GlobalData
The 2023 ICC Men’s Cricket World Cup held in India between 5 October and 19 November witnessed unprecedented success with record-breaking attendance and viewership. Despite this achievement, the event left fans disappointed due to a disorganized ticketing process and high prices. The contrast between the event’s popularity and the challenges faced by fans highlights the […]
Gambling & betting sector to spend $816.43 million on sponsorship deals in EMEA for 2023, says GlobalData
Over 160 gambling & betting brands have active sponsorship deals in place with sports properties in the Europe, Middle East, and Africa (EMEA) region. Many of these deals are highly lucrative, with six gambling & betting brands’ deals worth over $18 million annually. The sector has in place deals with some of the biggest sports […]
Premier League UK broadcast deal: Success on surface but real-term loss with Sky and TNT dominance, says GlobalData
Following the news that the Premier League has sold the UK broadcast rights to Sky and TNT Sports for £6.7 billion; Conrad Wiacek, Head of Sport Analysis at GlobalData, a leading data and analytics company, offers his view: “The Premier League will rightly be delighted to have secured a new media rights deal with Sky […]
Alcoholic beverage brands to invest over $2.4 billion annually in sports sponsorship deals in Americas, says GlobalData
Many globally recognised US-based brands such as Bud Light, Budweiser, and Miller Lite, have active sponsorship deals in place with sports properties based largely in their domestic market. Many of these deals are highly lucrative and nine out of a total of 430 alcoholic beverages brands that have active deals are worth over $12 million […]
PepsiCo to spend $322.96 million on sports sponsorship deals in Americas for 2023, estimates GlobalData
Over 110 non-alcoholic beverage brands, which include many globally recognised brands, have active sponsorship deals in place with sports properties based mainly in the US. Many of these deals are title or main sponsorship deals, which allow brands to receive substantial brand exposure opportunities, often from sports properties that have substantial global fanbases. With many […]
Asian Games 2023 generates over $65 million in sponsorship revenue, reveals GlobalData
Sponsorship remains key in supporting the Asian Games in cementing its status as one of the best continental events in the world. These partnerships ensure the Asian Games is expanding their continental and global recognition, while also allowing the brands partnering with it to take advantage of the exposure that comes with such an ever-growing […]
Red Bull to top sports sponsorship spending in EMEA in 2023, says GlobalData
Over 270 non-alcoholic beverage brands, which include many globally recognised brands, have active sponsorship deals in place with sports properties based mainly across Europe, as of October 2023. Many of these deals are highly lucrative, with seven non-alcoholic beverage brand deals worth over $5 million annually. Among these brands, Red Bull is the biggest spending […]
UEFA Champions League to generate $606.33 million in sponsorship revenue for 2023-24 season, reveals GlobalData
Sponsorship plays a crucial role in supporting the Union of European Football Associations (UEFA) in maintaining its ambition of hosting the best professional soccer tournaments in the world, including the Champions League, Europa League, and Europa Conference League. It contributes to the smooth operation of each competition, as exemplified by its top associations with Heineken, […]