The World Cup Trophy, standing at 14.5 inches tall and weighs 13.5 pounds, is estimated to be worth a staggering $20 million. To put this in perspective, the Lombardi Trophy, given to the winners of the annual Super Bowl is worth a just over a paltry $4,000 in comparison. Even the venerated Stanley Cup, given to the NHL’s winners, is worth only just over $23,000.
A study revealed how much stars can earn from social media, for sponsored posts and estimated that Ronaldo earns a simply incredible £308,000 per post (thanks to his 100+ million followers on Instagram).
Man Utd, despite a number of poor seasons in terms of the on-the-park performance, is still in a great financial shape. It recently reported an 8% increase in quarterly sales year-on-year, while Deloitte’s well-respected football report also had the club topping the table for revenue generation. Not only this, despite finishing a distant second to fierce rivals Man City, the club also earned more money (£149.77 million) from the English Premier League, than the new champions.
Until 2017, Las Vegas did not have one major league sports team, making it one of the largest cities in the US to not have a local sports team in the NFL, NBA, MLB or NHL.
On the 8th February 2018, it was 35 years since the most infamous kidnapping of an athlete in history. This athlete was worth an estimated $13.5 million. And this athlete was also a horse.
The documentary charts how Channel 4 started Football Italia and has interviews with key producers, former players like Paul Ince, and is fronted once more by the excellent James Richardson.
Globally, sports generates a whopping $91 billion a year. That’s a hell of a lot of money and you might be thinking you could get a slice of the action.
As my last blog post discussed, football documentaries are going to take off in 2018. Amazon has signed a deal with Man City, while Netflix has also partnered up with Juventus. Read more about this […]
You may have seen recent news that Man City has partnered with Amazon to create a documentary. It will follow the team through this season (what a season!).
Sports in 2017 It is hard to believe that 2017 is nearly over, but it has been a momentous year in sports, sports marketing and sports business. I look back at the top ten stories […]
Before jumping into BusinessOfSport.net’s first product review, I have an admission to make. I’m a huge fan of Under Armour, for a number of reasons. They’ve an incredible brand story (to learn more read about […]
As scary as it might seem 2018 is only just around the corner. Due to this, BusinessOfSport.net has looked into our crystal ball and come up with predictions of three stories we will see happening next year.
BusinessOfSport.Net: With PSG signing Neymar for a world record fee of $263 million, many pointed to it being the ultimate example of how player loyalty can be bought or sold. In fact, new signings across top tier European squads increasing sharply from 36.7% in 2009 to 44.8% in 2017.
BusinessOfSport.net has pulled together the top five sports PR disasters ever. Who makes the top five?
In today’s internet era, brand ambassadors are under much more scrutiny than ever before and anything that is offensive, or questionable, in terms of actions or comments can results in them being dropped (and also losing a significant pay check) by brands.
Ten years into his ownership of Newcastle United, Mike Ashley has decided he has finally, finally had enough. The club is officially up for sale, from the owner who, in 2016, made the claim that he “regrets” the purchase in the first place.
In recent months, Sony Music has signed a deal with Chelsea, Roma has partnered up with Hugo Boss. Strangest of all has been PSG’s and the Rolling Stones, yes the band, teaming up to produce a fashion range.
Where once the Olympics, run by the International Olympic Committee (IOC), could easily handpick the best bids, the tables are now turning and they are having to adapt to a new reality. Previously, would-be host countries bid on the assumption that the games would boost their local economy significantly, no longer however.
Today the Premier League, the world’s richest and most popular football league in the world, turns 25 years old. Its huge impact can’t be understated, and BusinessOfSport.Net has pulled out five areas which England’s top flight football league has become synonymous with.
When undefeated boxer Floyd Mayweather (49-0-0) agreed to fight mixed martial artist (MMA) Conor McGregor (who’s boxing record is 0-0-0), he must have thought he would be the easy winner, both inside and outside the ring.