Sponsorship earnings have had a positive impact on the revenue streams of ATP World Tour Finals. In 2013, Sponsorship revenues for the event account for approximately £15 mio. That number equals about 25% of ATP’s overall sponsorship revenues this year (Sport Marketing Frontiers, 2013). Photo: the event’s official web site. Overall, the event’s commercial development […]
Tag Archives | Sports sponsorship
Kevin Magnussen & Formula 1 – potential to become Denmark’s most exposed sports brand internationally
By Kenneth Cortsen on November 15, 2013 in Sport & Events, Sport Economy, Sport Management, Sport Marketing
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 […]
PlayMakers’ Club – an IMG-product striving to revolutionize hospitality experiences in sports
By Kenneth Cortsen on November 8, 2013 in Sport & Events, Sport & Media Relations, Sport Economy, Sport Management, Sport Marketing
“Sport sponsorship has become an increasingly important part of intercollegiate athletic revenue generation as universities have been forced to seek new and creative ways to fund their programs.” (Weight et al., 2010, p. 119). Photo: PlayMakers’ Club logo. Sports sponsorship inventory continues to evolve as part of the development, which is highlighted in the above-mentioned citation. That includes […]
NFL, Denver Broncos and Peyton Manning – economic impact & commercial interdependence
By Kenneth Cortsen on October 22, 2013 in Sport & CSR, Sport & Events, Sport Economy, Sport Management, Sport Marketing
Denver Broncos from the NFL experienced its ‘first loss’ of this year’s NFL-season when the team played Indianapolis Colts this weekend (7th game of the season). Broncos won the first 6 games of the season and quarterback Peyton Manning has played a leading role in this great accomplishment with new ‘passing records’. The ironic echo […]
Fan relationship management is key in professional sports – looking at the PARTICIPATION touchpoint
Sports entities and fans MUST join forces to create the right passionate atmosphere around ‘sports brand experiences’. This element of fan relationship management is a crucial element and a ‘brand revitalizer’ when it comes to reaching sports fans and to benefit financially from achieving this objective. There are different motivational factors for attending sport events. […]