The Deal
Monday, November 23, 
2:15 am

New look, new money

  Share     E-Mail    Discussion    Print Story

Kerkorian and WagonerAround the world, advertising on the front of professional football jerseys is a fairly common practice except for in the U.S. Don't look now, but the Americans who call the game of football — soccer — and play in a professional league called Major Leage Soccer will be donning uniforms with advertising on the front of their jerseys as well. The 11-year-old Major League Soccer will join NASCAR as the only two American professional leagues to permit prominent advertising on their shirts. The practice, which has been long accepted in professional football leagues in Europe, Asia and Latin America, will give Major League Soccer another revenue stream. According to the Wall Street Journal, Major League Soccer has established a minimum of $500,000 a year for uniform sponsorship, with the league collecting $200,000. With salaries in other professional American sports leagues escalating to insurmountable heights, uniform sponsorships may be the next wave of revenue stream for the NBA, NFL and Major League Baseball. American franchises have sold the naming rights of their stadiums and, if possible, luxury boxes to corporations for that extra dollar. So, why not do what the rest of the world does and sell uniform sponsorships? Time will tell. For now, Major League Soccer has opened the doors for uniform sponsorships, now all it has to do is sell them ... — Gerald Magpily

See related article from Sportbusiness.com

Continue reading below

Also on Dealscape





Post a comment





The Deal Pipeline

Deal Video


Inside The Deal: Avaya Inc.'s Mohamad Ali on the company's next target.


More video...

Crisis On Wall Street
Technology
Deals of The Decade

Community

Industry Insight

Managing your shareholder base

Growth companies and their PE sponsors should be wary of the pitfalls that arise when they layer on tiers of preferred stock.


Industry Insight

Easing the stress of distressed M&A

Corporate buyers face numerous complexities when trying to identify the right moment to purchase a distressed asset.


Editor's Note

Editor's letter: Nov. 16, 2009

Beneath the veneer of Wall Streeters beats the same heart, stirred by the same determinants of behavior.


footspacer.jpg footspacer.jpg footspacer.jpg footspacer.jpg footspacer.jpg


©Copyright 2009, The Deal, LLC. All rights reserved. Please send all technical questions, comments or concerns to the Webmaster.