Matching The Brand And The Athlete Not A New Challenge…

August 19, 2010 by Joe Favorito · 2 Comments 

Recently writer Michael Sokolve had a piece in the New York Times about the issues today’s iconic athletes have from a public perspective. Sokolove’s argument is that today’s greatest on field athletes…Tiger Woods and LeBron James included…needed to tell the world themselves how great they were to build a public, and very lucrative persona.  The iconic athletes of the past, he argued, let their achievements and those around them judge success in the public sector, and the need for self-gratification on achievements was not needed.  While it is easy to make that assumption, it is hard to say how the elite athletes of the past would have adjusted to the media trends and demands of today, and conversely, how today’s elite athletes would have done with different, and sometimes less, pressures of past generations.

Brand NFL Gets Stronger, Despite The Clouds On The Horizon…

August 1, 2010 by Joe Favorito · Leave a Comment 

Granted there is a labor dispute in the distance and the Jets still have issues in the New York marketplace with PSL’s, but it is hard to argue that even in a challenged economy the brand of the NFL remains strong and gets stronger. It can be argued that the opening of training camp has come close to eclipsing the reporting of “Pitchers and Catchers” as the day that fans look forward to the most…the NFL Draft has easily become a media and brand spectacle like no other…fantasy football play is the dominant game of choice, almost four to one over baseball, because of its simplicity and appeal to the casual fan…and the one  game a week schedule gives the NFL a chance to build week on week like no other sport.  Even those who argued that parity diluted the game have fallen short of their argument, as witnessed by the record numbers who tuned in for last year’s Super Bowl, featuring two of the smallest markets (Indianapolis and New Orleans) in professional sports.

What Value Global Events? Ask Spain…

July 16, 2010 by Joe Favorito · 1 Comment 

As the world moves on and experts look back on what value the World Cup brought to the African continent, perhaps they should look no further than the now reigning champion, Spain. Steadily over the last few years, the Spanish athletic programs across the board have transformed the Iberian Peninsula into a world power, whether that be in sports like golf and tennis or soccer and basketball.   Why?  Probably a number of factors but two of the most important are facilities and exposure, both of which are the fruits of Spain’s ability to host and then effectively leverage the World Cup and the Olympics.  Those two events ten years apart, World Cup in ‘82 and Olympics in ‘92, provided a platform to the world and to young athletes  on the benefits not just of top level competition, but also of they ways sport can be a social unifier.

“Netting” Some New Global Partners

July 13, 2010 by Joe Favorito · Leave a Comment 

To those fans of basketball, especially in North America, Netball may seem like hoops missing a few pieces with too many players on the court.  However the game has passed  its centennial, and is trying to make an aggressive push not just to expand it’s fan base, but to also bring the rules into a more modern faster pace that can help push the game forward, similar to what the Indian Premier League has done for cricket.  Will it work?

So We Now Move On…

July 10, 2010 by Joe Favorito · 2 Comments 

Stephen King was once asked who his audience is for his novels, and his answer was that he writes for everyone who slows down to look at accidents. It is the sense of spectacle that makes events, no matter how bizarre or contrived they sometimes seem, that draws everyone to them.  Case in point was the past week, or month, or year, and all the information, misinformation, rumors and talk about LeBron James and free agency, all of which came to a head with a huge audience on ESPN Thursday night.  So now that the world knows and is debating winners and losers, what is it that we really know today that we didn’t know yesterday about James’ move to South Beach?  Some thoughts…

Taking A Gamble In Business…Literally

June 18, 2010 by Joe Favorito · Leave a Comment 

Throughout the course of the history of sports there have been business deals fueled by the problems and pratfalls of gambling or paying off debt.  Lore has it the New York Giants were originally acquired by the Mara family in an effort to pay off gambling woes by a partner. The Philadelphia Eagles ran amok at one point becuase of the gambling debt accumulated by owner Leonard Toes…there is the legendary story of Red Sox owner Harry Frazee selling Babe Ruth to the Yankees in order to finance his play “No No Nanette” (although thats not necessarily true).  Although not realated to gambling, the USFL’s Arizona Wranglers and Los Angeles Express franchises literally swapped entire teams one year.

A “Saintly” Display Of Being A Public Trust…

June 10, 2010 by Joe Favorito · Leave a Comment 

One of the toughest elements for a sports entity to maintain these days is the balance between being a multifaceted, revenue generating business and being a public trust, like other community institutions that evoke emotion, passion and support in addition to brining in dollars. The endless media presence, a never ending season, the transient nature of athletes have all contributed to the drive to having franchises be more big business and less part of the community as they were in earlier generations.  There is a need to find every way to engage partners and fans these days, and the balance between quality and quantity of brand positioning can sometimes get lost in the dollar search, especially when partners are under continuous pressure to justify their spends, and teams are under constant pressure to deliver more return for the dollars spent by fans. Now it is true that teams have realized this issue and have taken strides to restore community trust and interest, but the true integration into the community is still a very tough balance in these challenging times.

CHL, IHL Merger Makes Great Sense…

June 7, 2010 by Joe Favorito · 2 Comments 

It wasn’t widely covered this week, but the merger between the CHL and the IHL to effectively create a joint program and a de-facto North American “AA” level of hockey was a very smart move and could be a very financially viable one for the minor league clubs at that level in the sport.  In reality baseball is the only sport that has figured out a business model that makes business sense for a viable minor league system.  The NBA has made strides with the D-League but it is nowehre near successful from a financial standpoint yet.  The NFL attempts have been less than fruitful (thank you college football) and the overtures the UFL have made now appear dead. Hockey does  OK in some markets in fits and spurts, but it is not the social sport for the casual fan that minor league baseball is, and the higher overhead combined with limited interest has slowed growth. There is also the alphabet soup of leagies and affiliations with no real centralized plan.  Last week’s announcement, to help in effect create one combined strong minor super league…connected but limited in travel costs…may help to finally right the system for hockey, and in many ways help to alleviate costs from the top of the NHL on down.

New real estate in sports brands expands…

June 5, 2010 by Joe Favorito · 2 Comments 

As the scramble to get the best value for sponsorship dollars, as well as added eyeballs for products and services, continues on in a challenged economy, two brands took a leap step forward in the New York sports marketing scene this week.

Sports Raises Its Platform For Social Change Again…

May 6, 2010 by Joe Favorito · 3 Comments 

Perhaps more than any other consistent platform, sports over the years has been a very effective voice for social change.  Whether it was Jackie Robinson and integration, Billie Jean King and equality, sports has created a consistent call to action for hot button issues of the day. Sometimes the call to action comes and goes, sometimes the engagement by athletes with fans grows and becomes a much larger call to action than was originally anticipated.

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