Kevin Magnussen just signed a contract with Formula 1 team McLaren and is set to make his Formula 1 debut in 2014. Formula 1 is the pinnacle of motor sports and from a Danish perspective it is MASSIVE to have another Dane included in this prestigious sport, especially with Kevin’s potential in mind. It is […]
Tag Archives | sports finance
Money in professional sports – looking at US major sports leagues
In professional sports, there is a clear association with money. Sports celebrities in the most commercialized sports are profitable properties. This post gives you some insights into the revenue streams of professional athletes. Though, the probability that YOU will end up as one of the world’s most money-spinning athletes is VERY LOW. Competition is fierce […]
Taking a look at big spenders in ‘sports sponsorship’ – part 3 – Emirates & its football engagement
By Kenneth Cortsen on June 27, 2013 in Sport & Events, Sport & Media Relations, Sport Economy, Sport Management, Sport Marketing
When following the world of professional sports and especially football, you will recognize Emirates. In an investigation of sports sponsorships, the brand from Dubai comes to mind as a key player in the management of various sponsorship assets in different sports. In terms of football sponsorships, Emirates has taken a dominant role. The brand has […]
Getting more out of sports sponsorship in a crowded marketplace – sponsorship is a ‘social game’….
By Kenneth Cortsen on April 23, 2013 in Sport & Media Relations, Sport Economy, Sport Management, Sport Marketing
Sports sponsorship is a ‘dialogical partnership’ between different parties trying to maximize the effect of shared knowledge, feedback, invested time & money, human & social capital (including networks) etc. Some sponsors may find it difficult to measure the impact of sports sponsorship or to optimize their sponsorship activities via activation. Professional management of sports sponsorships […]
Insights into sponsorship deals in European football….
There are still massive amounts in European football despite the economic turmoil, which has characterized Europe in recent years. As an example, Adidas signed a 7-year deal with EURO 2012 and 2016 (a deal running from 1/1/2010 to 31/12/2016) at a total value of $105 mio. (Sports Marketing Frontiers). UEFA Champions League is a good […]