The relationships between sponsors and rights holders needs to be symbiotic and not purely transactional to be successful, says marketing consultancy, True North Research.
South Australia’s Never Never Distilling Co known for its gin has signed its first significant sport sponsorship by backing the Adelaide 36ers NBL franchise.
The Victorian government will provide Netball Australia a vital financial lifeline through a new sponsorship involving Visit Victoria which will see the state host five test matches and next year’s Super Netball grand final.
At the cutting edge of developments in the sponsorship sector is the potential of a digital explosion referred to among other labels, as the metaverse and web3 which have given birth to the phenomenon of non-fungible tokens (NFTs).
Federation University has become the latest tertiary institution to take up sports sponsorship in a new deal with the South East Melbourne Phoenix NBL franchise.
Westpac has signed its biggest sponsorship in years in a new three-year deal with the National Rugby League aligning the brand with the men’s and women’s competitions as well as becoming the code’s official bank and payment platform.
Sydney Kings owner, Paul Smith claims lagging sponsor hesitance towards basketball and the crowded Sydney market are the reasons the current NBL champions haven’t been able to sign a major sponsor leading into the new season.
A panel discussion on the power of partnerships at the Sponsorship News Conference last week focused on the vision of two serious players and a specialist agency.
A fresh report commissioned by the Australian Conservation Foundation (ACF) shows there are 51 sponsorship deals with sporting organisations from coal, oil and gas companies.