Julian Jacobson’s Post

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Sponsorship Scout with SponsorUnited

While you may have heard the claim "Baseball is a Dying Sport", the reality is that MLB is setting the benchmark for fan engagement and sponsorship opportunities that the rest of the major sports leagues are trying to catch. While NFL remains king in terms of overall viewership and broadcast revenue, MLB teams’ sponsorship revenue surged 23% to more than $1.5B, driven by 500 new sponsorships spanning 30 categories. MLB's transition to dynamic digital dugout signage—bought by 67 brands this season, was the league’s most purchased new asset of 2023. (Credit: SponsorUnited MLB Marketing Partnerships Report 2023) We see a similar shift to digital signage in F1, where teams like #mclarenracing have partnered with digital advertising companies (in their case with Seamless Digital) to rotate digital signage on their cars throughout the races, leveraging quality broadcast time for a ROI of increased: brand awareness, brand recognition, and brand image from partnering with the team, league, and or athlete the fans are choosing to spend their time to watch and follow. Combining the rapidly increasing value of the media rights for the pro (and college) leagues with the new advertising and analytical technologies constantly emerging, it is safe to say that the trend of increasing sponsorship innovation and increasing ROI for teams, leagues, players, and brands will continue to grow the sponsorship ecosystem in the coming years. #fanengagement #digitaladvertising #sponsorships #mlb #dugoutsignage #f1

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