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QUICK HITS

Lagardère Sports and Entertainment has launched Lagardère Plus, a global agency 'with a mission to transform traditional brand sponsorships into highly inventive and impactful marketing platforms.'
• NBA has launched NBA AR app, an augmented reality experience that allows people to play virtual pop-a-shot from any point in the world through AR technology. 'This marks the first augmented reality game by a U.S. sports league.'  NBA AR for iPhone is available for free at the App Store.
• Bruce Arena has resigned as head coach for the U.S. Men’s National Soccer Team days after they failed to qualify for the 2018 FIFA World Cup.
• With 114 days to go until Super Bowl LII in Minneapolis, the Minnesota Super Bowl Host Committee has selected 10,000 volunteers to be on Crew 52, the official volunteer force of Super Bowl LII.  Crew 52 will be responsible for helping welcome more than one million visitors to Minnesota during a ten-day Super Bowl festival
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MLB 2017 Awards Schedule
• Oct. 26
Rawlings Gold Glove finalists on Twitter (12 PM. ET)
• Nov. 6
BBWAA Awards Finalists MLB Network
• Nov .7
Rawlings Gold Glove Awards ESPN (9 PM. ET)
• Nov. 9
Louisville Silver Sluggers MLB Network, (6 PM. ET)
• Nov. 10
Wilson Defensive Players of the Year MLB Network (6 PM. ET)
• Nov. 13
Jackie Robinson Rookies of the Year MLB Network (6 PM ET)
• Nov. 14
Managers of the Year MLB Network (6 PM. ET)
• Nov. 15
Cy Young Awards MLB Network( 6 PM ET)
• Nov. 16
Most Valuable Players MLB Network ( 6 PM ET)
• Nov. 17
Esurance MLB Awards MLB Network

BUY SELL

NBA Teams With Jersey-Patch Deals (To Date):

• Atlanta Hawks (Shareware)
• Boston Celtics (GE)
• Brooklyn Nets (Infor)
• Cleveland Cavaliers (Goodyear)
• Denver Nuggets (Western Union)
• Detroit Pistons (Flagstaff Bank)
• Golden State Warriors (Rakuten)
• Los Angeles Lakers (Wish)
• Miami Heat (Ultimate Software)
• Milwaukee Bucks (Harley Davidson)
• Minnesota Timberwolves (Fitbit)
• New York Knicks (Squarespace)
• Orlando Magic (Disney World)
• Philadelphia 76ers (StubHub)
• Sacramento Kings (Blue Diamond)
• Toronto Raptors (Sun Life)
• Utah Jazz (Qualtrics)
All patches will be 2.5 x 2.5 on the left side, with a Nike Swoosh logo on the right side.

SEARCH

NYSportsJournalism.com + Topic Of Requested Search

COLLEGE

Coaches Make ACS Call
NCAA Plans '18 Final 4
Final Four '22 In NOLA
Cancer Drives Home
Nissan House Open

Let us not seek the Republican answer or the Democratic answer, but the right answer. Let us not seek to fix the blame for the past. Let us accept our own responsibility for the future.
Read more at http://www.brainyquote.com/quotes/quotes/j/johnfkenn121400.html#46Ul8rBF4XpB4lo0.99
Let us not seek the Republican answer or the Democratic answer, but the right answer. Let us not seek to fix the blame for the past. Let us accept our own responsibility for the future.
Read more at http://www.brainyquote.com/quotes/quotes/j/johnfkenn121400.html#JZxA5jXY4rCwemgZ.99
Let us not seek the Republican answer or the Democratic answer, but the right answer. Let us not seek to fix the blame for the past. Let us accept our own responsibility for the future.
Read more at http://www.brainyquote.com/quotes/quotes/j/johnfkenn121400.html#JZxA5jXY4rCwemgZ.99
Let us not seek the Republican answer or the Democratic answer, but the right answer. Let us not seek to fix the blame for the past. Let us accept our own responsibility for the future.
Read more at http://www.brainyquote.com/quotes/quotes/j/johnfkenn121400.html#46Ul8rBF4XpB4lo0.99
Thursday
Oct082009

IMG Joins Yankees, Cowboys In College Market Revenue-Generating Venture

October 8, 2009: Global sports, entertainment and media company IMG Worldwide has entered into an agreement with Legends Hospitality Management to provide premium seat licensing (PSL), suite and ticket sales services to the college market.

Financial details were not revealed, but the two sides called it a "50/50 joint venture" to be known as IMG-Legends. Legends, which is owned the New York Yankees, Dallas Cowboys, Goldman Sachs and CIC Partners, is a sports business enterprise developed to help team owners, stadium operators and athletic directors increase revenue through such service offerings as concessions, retail and premium seat sales. The partnership will initially focus on PSL programs but will also offer Legends’ ability to provide food and beverage concessions to fans.

The $1.2 billion Cowboys Stadium, which opened for business over the summer, was partially funded by a "one-of-a-kind PSL and suite program that generated more than five times the previous record sold in any stadium," according to IMG and Legends.

An article in The New York Times last year on PSLs in the NFL reported, "Until the Cowboys introduced drastically higher prices for their stadium . . . teams initially sold their [PSLs] for a few hundred dollars to $10,000. The Cowboys are marketing their high-end seats as a luxury product, pricing club seat licenses at $16,000, $35,000 and $50,000, before leading to $100,000 and $150,000 each." The Times article added that prior to the opening of Lincoln Financial Field in 2003, the Philadelphia Eagles "sold 29,000 seat licenses for $1,800-$2,700, raising $70 million. By contrast the Cowboys could raise as much as $300 million."

“This new partnership brings our college clients the expertise and proven track record of two of the most successful and popular sports franchises in the country,” Ted Forstmann, IMG’s chairman and CEO, said in a statement. “The Dallas Cowboys’ experience and model for developing PSL programs through Legends will be extremely valuable as we continue to develop new marketing and revenue opportunities for the top brands in college sports.”

Added Hal Steinbrenner, managing general partner of the Yankees, “Whether it’s in Yankee Stadium or on a college campus, fans want a high quality game environment. We’ve seen that fans [who] enjoy the seating and the game experience become loyal fans [who] return year after year.”  Back to Home Page