Sports team sponsorships by banks are coming under increased scrutiny by government regulators concerned about taxpayer rescue dollars are spent. The Wall Sreet Journal reported Tuesday that Citigroup Inc. may back out of a $400 million marketing deal with the New York Mets, quoting unnamed people familiar with the matter. The bank said in a [...]
Entries from February 2009
Bank, sports team deals under pressure
February 3rd, 2009 · Comments Off
Tags: Sports Marketing News
MU briefs
February 3rd, 2009 · Comments Off
Marshall baseball’s spring training banquet is Friday in the Don Morris Room of Memorial Student Center. Guest speakers are former major league player Cecil Fielder and football coach Larry Kehres from Mount Union College. The banquet begins at 7 p.m. Tickets are $40 for Dugout Club members and $50 for non-members.
Tags: MLB Client News
Silva Revocation Hearing Postponed
February 3rd, 2009 · Comments Off
The California State Athletic Commission has granted Antonio Silva and his attorney a postponement of a Feb. 10 hearing in Los Angeles, where the fighter faces license revocation for his participation in a bout in Japan while under a one-year suspension for alleged steroid use. Silva’s attorney, Howard Jacobs, requested the postponement, as he will [...]
Tags: MMA Client News
Sports marketing & collaboration
February 2nd, 2009 · Comments Off
It’s the day after the Super Bowl, and I should be writing about the commercials. But I figure lots of people will be writing and talking about the commercials today. So I promise to spend today rounding up the chatter and blog about it Tuesday. In the meantime, I want to mention a story in [...]
Tags: Sports Marketing News
Kia Is Ready to Score During Recession
February 2nd, 2009 · Comments Off
Rafael Nadal reduced Roger Federer to tears by seizing the Australian Open tennis championship on Feb. 1, but execs at the Seoul headquarters of Kia Motors couldn’t have been happier. Nadal, the reigning French Open and Wimbledon champion, has had a sponsorship deal with the Korean automaker for 2-1/2 years, and his victory marked the [...]
Tags: Sports Marketing News
Sports Sponsorships: Another Bubble Burst?
February 2nd, 2009 · Comments Off
2008 will be remembered (not too fondly) as the year the housing bubble and the credit bubble burst. One casualty of these bubbles bursting and the resulting global recession has been a decline in corporate sports sponsorships. As a result, the sports bubble may be the next to burst, adversely affecting the sports stars and [...]
Tags: Sports Marketing News
Steelers’ Harrison gets record with 100-yard dash
February 2nd, 2009 · Comments Off
Down 10-7, the Arizona Cardinals faced first-and-goal at the 1 with 18 seconds left in the first half and lined up with wide receivers Anquan Boldin and Larry Fitzgerald flanked to the left on Sunday. Pittsburgh Steelers linebacker James Harrison lined up outside left tackle Mike Gandy, faked as if he were rushing the passer [...]
Tags: NFL Client News
Is anyone in tonight’s Super Bowl marketable?
February 1st, 2009 · Comments Off
Just as broadcasters and columnists have been bashing tonight’s Arizona Cardinals-Pittsburgh Steelers matchup in Super Bowl XLIII in Tampa, veteran sports marketing expert Bob Dorfman isn’t seeing a lot of Madison Avenue power in the players either. In his annual Super Bowl Sports Marketers’ Scouting Report, Dorfman, who is executive vice president at San Francisco’s [...]
Tags: Sports Marketing News
UFC 94 Fighter Salaries: St-Pierre Earns $400,000
February 1st, 2009 · Comments Off
UFC welterweight champion Georges St-Pierre took home nearly half of the disclosed $1.057 million payroll at UFC 94, earning $400,000 for his fourth-round TKO of BJ Penn, according to figures today released by the Nevada State Athletic Commission. Other top earners included Penn, who received $125,000 for the loss, light heavyweight contender Lyoto Machida ($120,000), [...]
Tags: MMA Client News
Super Bowl party circuit hit hard by recession
February 1st, 2009 · Comments Off
The corporate glitter surrounding the Super Bowl will sparkle less than normal this year, dulled by a receding economy and an advancing austerity. Specifically, some of the boom-boom dazzle events one usually sees in the run-up to the big game have vanished or been whittled down. Playboy, which has seen its stock plummet in the [...]
Tags: Sports Marketing News