Posts Tagged: SportsMarketing

Sponsorships have played a pivotal role in the evolution of modern sports.  From a marginal and almost exclusively amateur phenomenon, sponsorships have allowed sports to transform into a billion-dollar global business, and its protagonists, the athletes, to become brands themselves.  A sponsorship contract can radically change an athlete’s life. From the Field to Finance: Ronaldo and Nike A prime example of how sponsorships can influence an athlete’s career is that of Cristiano Ronaldo.  The former Juventus and Manchester United striker signed his first contract with Nike in 2003.  Since then, this partnership has grown into a lifetime[…]

Numerous sports teams and leagues around the world have begun collaborating with blockchain industry companies. In recent years, we have witnessed a growing convergence between cryptocurrencies and sports. This partnership has opened up new funding opportunities for sports teams and allowed cryptocurrency companies to reach a wider audience. The Interplay Between Cryptocurrencies, Sponsorships, and Partnerships A perfect example of this trend is the collaboration between Paris Saint-Germain and the blockchain platform Socios.com. In 2018, PSG became the first football team in the world to launch its own cryptocurrency, the PSG Fan Token, which allows fans to express[…]

In recent decades, sponsorships have played an essential role in funding international sports events, including the Olympics. For businesses, sponsorships serve as a means to promote brands and products, reaching a global audience. Simultaneously, they provide indispensable financial support for organizing these major sports events. Financial Fuel for Sports Event Success Major competitions like the Olympics require significant investments in infrastructure, security management, technology, and more. Sponsorships allow organizers to cover these expenses, reducing dependence on public or government funds. For example, the 2016 Rio Olympics generated over $1.2 billion in sponsorship revenue, making a significant contribution[…]

There’s no denying that, over recent years, social media has become an indispensable tool for anyone wishing to build a brand, whether personal or commercial. In the world of sports, this trend has manifested with athletes becoming influencers on social media.  At the same time, we’ve witnessed the inverse phenomenon: influencers known for their digital impact stepping into the world of sports, collaborating with athletes and teams.  Cristiano Ronaldo and Instagram A clear example of this intersection of worlds is the rise of Cristiano Ronaldo on social media, becoming one of the most followed influencers on Instagram.  With[…]

Over the last decade, eSports have undergone a tumultuous growth, transitioning from a niche for enthusiasts to a multi-billion dollar industry with a global fanbase. Simultaneously, the attention of companies towards sponsorships in the eSports sector has exponentially increased. Once almost exclusively the domain of brands tied to the gaming industry, today the sponsors of eSports come from all sectors of the economy, from technology to clothing, energy drinks to automotive. Universal Attraction: The Success Factors of eSports The growth of eSports is driven by various factors. First, there is the demographic aspect: members of the Millennial[…]

In the grand theatre of sports, we’re used to watching athletes challenge their own limits, striving to overcome adversaries, personal barriers, and seemingly unreachable goals. Undoubtedly, this is the inherent beauty of sports. However, there’s an aspect less celebrated, yet equally impactful and meaningful: the unbreakable bond between sports and solidarity. When major brands step in to sponsor sporting events, they seize a unique opportunity to shed light on deserving causes, promote change, and foster global solidarity. Nike: Beyond Sports, a Battle for Life Let’s take Nike as an example, which has a long history of promoting sport[…]

Athletics, with its variety of disciplines, emotions, and high-level competitions, is undoubtedly one of the most followed and beloved sports in the world.  These characteristics make it perfect for sports sponsorship. It is here that many companies find fertile ground to promote their products and services.  Today we tell you about the tangible and intangible advantages that sports sponsorship in athletics offers to companies. Visibility and Brand Awareness in Athletics Let’s start with the first advantage. Undeniably, it’s about increasing brand visibility.  Athletics races, from local to Olympic games, ensure widespread media coverage.  Puma, sponsor of Usain[…]

Introduced in 2011, Financial Fair Play (FFP) has represented a real revolution for European football. Financial Fair Play is a set of regulations designed by UEFA to prevent football clubs from spending more than they earn, aiming to keep the game of football sustainable and fair. FFP has helped stabilize the finances of various teams, but not everyone has played by the rules. Player Exchanges: A New Trend in Circumventing Rules Recently, some clubs have adopted an ingenious but questionable strategy to bypass FFP rules, namely exchanging players with inflated valuations. For example, Juventus and Barcelona swapped[…]

Sponsorships are an essential element in the world of modern sports. They represent an indispensable source of funding for athletes, teams, and tournaments. But sponsorship is not just an economic operation, it’s a powerful form of storytelling that brings sports icons to life and helps develop emotional relationships between fans and their idols. Sports Testimonials, Heroes of the Modern Era The role of athletes as brand testimonials is a fundamental component in this dynamic. A successful athlete is not only a champion on the field, but also a brand ambassador, a role model for millions of fans[…]

In recent decades, sports sponsorships, along with marketing, have become one of the most effective and popular strategies chosen by companies to increase their visibility and strengthen their brand identity. Think of the Coca-Cola logo during the Olympics or the Adidas one on the Italian national football team’s jerseys. Just like every great game, sports sponsorships and marketing have rules to respect. Today we tackle the legal aspects of these partnerships together. Contractual Scope: More than a Simple Agreement Starting a sports sponsorship usually involves drafting a sponsorship contract. This contract must be carefully drafted to protect[…]