The Greatest Show on Dirt: A New Brand of Baseball

“America’s Pastime,” for many reasons, earned its illustrious nickname because there are truly few things comparable to a midsummer baseball game. The 7th-inning stretch, endless food and drinks, and all the mid-inning festivities make the experience unlike any other. With over 150 years of the sport, would it be possible to reinvent the game to make it more enjoyable? Enter a team from southern Georgia, the show-stopping, incredibly entertaining Savannah Bananas. Breaking the barriers of traditional baseball, this revolutionary franchise plays its own brand of baseball because they want to be different. Enter Banana Ball. From players on towering stilts to flaming bats and balls, a night at their ballpark is an unforgettable experience. The Bananas have committed the game and experience to their fans by taking a “Fans First, Entertain Always” approach, which has not only revitalized the classic game of baseball but has reached into an untapped demographic of both young and old fans, growing the game and reminding their fans of their ultimate goal: to make baseball more fun. 

Banana Ball

Before becoming a social media sensation and a must-see experience, the Bananas played in the Coastal Plain League, a wood-bat collegiate summer baseball league. They played in this league from 2016 to 2022, winning multiple championships while slowly incorporating their own playing style and growing their online presence. The franchise soon made its exit from the league in 2023 and has spent this summer on their Banana Ball World Tour, attempting to play 70 games across 33 cities in 21 states with their counterpart show team, the Savannah Party Animals. When purchasing the team in 2015, owner Jesse Cole could not have even imagined the entertainment powerhouse he’s turned the Savannah Bananas into. Splurging hundreds of thousands of dollars and putting themselves in debt, Jesse and his wife Emily took a leap of faith, hoping that something would click. The Savannah Bananas were born when the duo crowdsourced for a new team name. Following this rebranding, the team’s outlook took a turn for the better, becoming more attractive to fans while becoming an incredibly profitable goldmine. Sporting his signature yellow tuxedo and top hat, Jesse has become an icon that symbolizes the charismatic and lively nature of the Bananas. 

From barely making ends meet to being the head of the dragon of this admirable franchise, Jesse’s vision of putting the fans first makes the team such a hit. By daring to take the path less traveled and persevering where others fail, he is a mastermind marketer who knows which hands his product needs to go into. “If you’re not being criticized, you’re playing it too safe,” says Emily, who credits the growth of the Bananas to Jesse and his risk-taking behavior. Receiving national attention on social media for their unique play, the team has since garnered millions of views and followers across TikTok, Instagram, and all other social media platforms. With tickets yielding a hefty price tag and a waitlist nearing 1 million fans, entering the 4,000-seat Grayson Stadium will leave fans feeling like VIPs. The stadium is one-of-a-kind, becoming the first professional stadium to become completely ad-free since sponsors began placing billboards in venues more than a century ago. The mission is to serve the fans in a better way instead of capitalizing on their supporters, and where others see ads as a stream of revenue, the Bananas see it as a distraction and want to capture the full attention of the fans. Now classified as an independent team and presumably their own business, Banana Ball has endless opportunities for growth.

Banana Ball

For those just learning about this team, many ask the same question: what in the world is Banana Ball? As the “Harlem Globetrotters” of baseball, Jesse Cole bought his team with the intent of making the game faster and more attractive to fans. Similar to the MLB and the pitch clock implementation for the 2023 season, the Savannah Bananas set a limit of two hours of playing time. American baseball has been planning a change in the pace of play for years, originally tested out in the minor leagues before making its way to the big leagues. MLB games are on average, thirty minutes faster, along with total attendance projected to reach near record-highs. Baseball may have cracked the code to gain more popularity, and the numbers have shown.

“Banana Ball” is the name of the game, consisting of nine unique rules that eliminate any downtime and give the fans more of what they want with less idle time and more fun. By altering the game’s standard rules, the Bananas want zero stoppage in play. From prohibiting mound visits and batter time-outs to no walks and bunts, the game is far from ordinary. The most exciting rule which literally brings fans into the game is that every foul ball that a fan catches will be counted as an out. The team has also completely wiped out traditional scoring and instead implements a point system that rewards one point for the team that scores the most runs in that given inning. If the game is tied after the two-hour mark, the teams square off in a bizarre “Showdown Tiebreaker” with the goal of scoring a walk-off run. Singing, dancing, and stunts performed by the players are all a part of what gives this next-level experience non-stop action.

In what Jesse Cole labels as “The Greatest Show in Sports,” the players, as much as the fans, discovered a newfound joy for baseball. His players come from vastly different backgrounds, from former high school and college players to MLB draft picks who have been given a second chance with the Savannah Bananas. Jackson Olson, a member of the Savannah Bananas and one of their most notable TikTok personalities, finished his career playing college ball at Stetson University before Jesse and co. took a chance on him. Other players, such as Bill Leroy, are thankful for the opportunity to give back to the community and provide experiences they never had in their childhoods. This gives fans every reason to show out and support the boys down in Bananaland, and with sights set on the future, Jesse and his squad are ready to reach new heights and show the rest of the world what Banana Ball is all about.

Sources:

  1. https://people.com/savannah-bananas-baseball-couple-who-risked-everything-exclusive-7563579
  2. https://www.freep.com/story/sports/2023/07/21/savannah-bananas-2023-tickets-schedule-what-to-know/70420085007/#
  3. https://www.forbes.com/sites/shephyken/2023/05/21/how-jessie-cole-transformed-the-savannah-bananas-into-a-marketing-phenomenon/?sh=7d18395f183b
  4. https://thesavannahbananas.com/banana-ball-rules-2/
  5. https://sports.yahoo.com/banana-ball-introducing-the-savannah-bananas-baseball-iteration-that-is-taking-the-country-by-storm-173338434.html?guccounter=1&guce_referrer=aHR0cHM6Ly93d3cuZ29vZ2xlLmNvbS8&guce_referrer_sig=AQAAAA0xuVvwgEaVWZ0eoRkK9p6OV3Edk9NL0NIsKBh4RgLDkAlLid–nUP5gPPi_4POEwYlHMnoO1B7tDY6XX36GP_gHe9xB77LcAFOwANaOf2flopkDLTHRxOzDL9b4JWS2ojprtrQZRWrVNdaNUZNn8k5aEYdgpira7boUcMQZRRj
  6. https://www.mlb.com/news/savannah-bananas-the-dancing-globetrotters-of-baseball-explained
  7. https://www.baseball-reference.com/leagues/majors/misc.shtml

SlamBall Makes a Comeback in Highly Anticipated Las Vegas Debut

SlamBall, once popular in the early 2000s, is making a grand comeback this summer 2023 in Las Vegas. Considered a sport ahead of its time, the demand for its return has swept across social media, with the hashtag #BringBackSlamBall garnering over 200 million views, according to ESPN. Targeting a younger audience, social media is facilitating in-game highlights and more for fans. With a breath of fresh air instilled in this beloved sport, there is immense excitement to see SlamBall take off again. 

Created by Mason Gordon, SlamBall was wildly popular in 2002. It originally aired on The National Network, which later became known as Spike TV, airing for two seasons before the league disbanded due to a disagreement between Gordon and the network partner. It briefly returned in 2008, but only stuck around for one season and has not been seen since. The contact sport is played by 4 players on each team resembling basketball, but is played on 4 trampolines with a 20 minute time limit. Blocks, collisions and rough physical play are a legal part of the game, similar to elements of American football and ice hockey. 

In order to return to the arena, SlamBall completed an $11 million Series A funding round led by Roger Ehrenberg’s IA Sports Ventures and Eberg Capital. Some investors and partners that were included in this deal were the likes of David Blitzer, co-founder of Harris Blitzer Sports & Entertainment, David Adelman, co-owner of the Philadelphia 76ers and New Jersey Devils, Michael Rubin, CEO of Fanatics, Gary Vaynerchuk, Entrepreneur, and Blake Griffin, Boston Celtics power forward and six-time NBA All-Star. Now that the capital was raised, SlamBall needed to be seen. 

SlamBall 2023

In a strategic move, the SlamBall league has relocated its operations to Las Vegas, a city known for sports, entertainment, gambling and mind blowing spectacles. This move will have a significant positive financial impact on the league. Tapping into the Vegas tourism industry by hosting live SlamBall tournaments, this adrenaline filled sport is guaranteed to have people paying for their seats. The influx of visitors attending SlamBall matches is projected to boost ticket sales, drive merchandise revenue, and attract potential investors. 

SlamBall has joined with media giant, ESPN, ensuring widespread coverage and exposure for the sport. On July 21 from 7-9 p.m. EDT, SlamBall returns live from Las Vegas. Over five evenings and weekends ESPN, ESPN2, and ESPN+ will broadcast more than 30 hours of live SlamBall coverage, with the SlamBall Playoffs and SlamBall Championship Game taking place from August 17–19. Ticket sales will start on June 27 and all games will be played at Cox Pavilion in Las Vegas. ESPN’s vast networks will provide unparalleled access for SlamBall’s premier matches to reach a global audience.

Through this partnership, viewers can expect extensive live coverage of games, highlights, analysis, and engaging storytelling showcasing the sport. The collaboration with ESPN elevates SlamBall and puts it as a top sporting event.  According to Gordon, “SlamBall just kind of fits the bill. They’re 20-minute games, television half hours,” Gordon added. “People always really gravitated to the action, and it’s this incredible mash-up between basketball, football, hockey, little bit of gymnastics, little bit of video games. That’s just SlamBall, you get a whole lot in one neat, tidy little package.”

As SlamBall reinvents itself, it promises to dazzle audiences worldwide, and tap into a whole new area of sports and entertainment. This, without a doubt, will generate a whole new group of athletes and fans. The comeback of SlamBall is a testament to the unwavering spirit of innovation and the power of collaboration within the sports industry.

Sources:

  1. https://espnpressroom.com/us/press-releases/2023/06/slamball-espn-announce-exclusive-two-year-broadcast-partnership-for-the-2023-and-2024-seasons/
  2. https://www.sportico.com/leagues/other-sports/2023/slamball-revival-funding-1234716783/
  3. https://variety.com/2023/sports/news/slamball-return-season-las-vegas-1235560331/
  4. https://frontofficesports.com/slamball-return-series-a-investment-round-las-vegas/
  5. https://www.cnn.com/2023/07/14/sport/slamball-making-long-awaited-comeback-spt-intl/index.html#:~:text=With%20incredible%20dunks%20like%20George,SlamBall%20has%20huge%20viral%20potential.&text=As%20a%20result%20of%20this,able%20to%20watch%20or%20play.

The Refurbished US Open of Surfing

Dating back to 1959, the historic site of Huntington Beach, CA, has been used to create a unique surfing competition that brings surfers and fans from around the world to one location. This event determines which surfers have what it takes to qualify for the World Surf League (WSL). Through the years, the competition has created significant moments in WSL history and ultimately allowed the world of surfing to grow exponentially. The competition was rebranded over the years, and finally, in 1996, it became the prominent US Open of Surfing. As the US Open approaches, the WSL decided to spice things up and change the overall fan experience to benefit all fans who step foot onto the beach. With a record-breaking attendance at Huntington Beach last year, the WSL wants to continue growing its market to open up the surfing world to everyone. With many historic moments, competitions, and sponsors, the WSL and Huntington Beach want to create a competition that will impact the overall future of surfing. 

Wallex Headlines the Event 

For the past 10 years, the US Open of Surfing used the shoe company Vans to promote and gain traction within their community. Vans has historically worked with niche sports, which allowed them to foster a unique relationship with the US Open of Surfing and its small community.  Although Vans and the US Open collaborated positively over those 10 years, the WSL decided it was time to implement a new sponsor that would open the world of surfing to a different audience. Starting this year, Wallex, a global financial technology company, will be taking over and proudly representing the prestigious competition. This alliance creates a unique partnership for the event and the future of surfing.

Wallex coming in as the new sponsor creates a feeling of enthusiasm as the company is young and growing and has dedicated itself to creating the best competition for surfers and fans. With much emphasis on creating the best environment for surfers, fans, and spectators, they also want to focus on particular elements that can positively impact the competition itself. With their technological advancements and dedication to constantly growing, Wallex’s approach will ultimately transform the US Open into an unforgettable and inclusive experience. 

The announcement of Wallex becoming the new official sponsor of the competition has allowed a new era to begin within the world of surfing. Through this sponsorship, the surfing community has seen that their advanced technology, passion for innovation, and commitment to their athletes will allow this year’s US Open to flourish. This action-packed competition will become even more interactive, and with Wallex at the forefront, this year’s US Open will impact surfing for many years to come. 

US Open of Surfing

New Opportunities for the Fans

As more and more fans become involved with the sport, additional opportunities have opened up for the WSL. Instead of having everyone stand on the beach, the league decided to create a more fan and family-focused environment. Many historic and new sponsors will have the chance to interact with the world of surfing as the fans will have an opportunity to be up close and personal with the action. This change will create a new and improved feel to the event and will allow fans to have more options and engagement with the events over the week-long event. 

Fans are one of, if not the most important, elements to consider when creating a competition/event. The WSL and Wallex have accounted for this, and have taken significant action to ensure fans have the best game-day experience. The league announced that they will be holding a festival-style setup featuring many new and upcoming sponsors, as well as those who have represented Huntington Beach over the years. With the addition of food trucks, athlete signings, beach activities, and more, they want everyone attending the competition to have anything they desire. The idea of creating a festival setup for this competition will allow fans the opportunity not just to watch, but interact with new businesses, sponsors, and ultimately, people who make a huge impact on the surfing world. The WSL and Wallex realize how much history goes into this event and wouldn’t want to do anything to take away from that. 

The sport of surfing continuously grows in skill, known as one of the most extreme sports on the planet. The WSL has decided to step it up and add to the extremeness by including the Nitro Circus, known for its daring motocross tricks and stunts. The Nitro Circus event will be a freestyle competition and will take place right on the beach. With their gravity-defying tricks and jaw-dropping feats, the Nitro Circus athletes push the boundaries of what is possible, showcasing their incredible skills and fearlessness. The synergies between the two sports will create an even more extreme sports environment as fans can watch two of the most entertaining and niche-oriented sports in the world at the same time and place. Together, this collaboration will create an electrifying performance that will leave the audience admiring all of the athletes’ abilities, and creating memories of a lifetime. 

All of these new and improved additions are being made to fit the needs of all fans and spectators, whether you’re a long-time surf fan or just getting into the sport. This fresh approach will allow fans and spectators an opportunity to involve themselves with the surf community in one of the most historic sites.  

Leaving A Lasting Impact 

The US Open has been around for quite some time and surfers coming from all over the world, the pressure is on and everyone can feel it. At the end of the six days of events, 80 men and 48 women will have to rack up as many points as possible to compete and qualify for only a few spots. Making it into the men’s top 10 and women’s top 5 will give surfers an edge, as this competition is the perfect place for surfers to gain an advantage over their competitors. These intense days leave fans and spectators in awe, and the new sponsor wants this event to impact how surfing competitions will be conducted and viewed. 

The WSL and Wallex saw an opportunity to combine their skills and assets to create a new and improved US Open, one that caters not only to athletes, but also to the dedicated fans. The addition of the new festival-style setup, sponsors, the Nitro Cross event, and more, has allowed fans and spectators to experience a surfing event in a completely new way. The combination of the action sport and the pioneering technology, the Wallex US Open of Surfing will allow for a remarkable encounter that will blend the energy from the tournament with the connectivity and effectiveness that Wallex provides. It was clear when this alliance was formed that both wanted to create an environment for the fans that was family-friendly, action-packed, and community-based. By focusing on and implementing all three of these elements into the event, they hope that all surfing competitions can use the US Open as an example to follow. 

Following the lead of the Wallex US Open of Surfing will ultimately give other competitions and events an example of how to create a more holistic event experience. This is important for the evolution of the sport because as surfing continues to grow, the fan experience becomes vital and each competition will need to make sure they cater to their base in order to attract new fans. In the coming weeks, get ready to watch the best surfers in the world ride the waves that might get them to the top of the rankings, while having so many opportunities at your fingertips.

Sources:

  1. https://www.surfer.com/features/history-of-us-open-huntington
  2. https://www.worldsurfleague.com/posts/517752/2023-wallex-us-open-of-surfing-presented-by-pacifico-ushers-in-new-era-of-thrills-and-family-fun
  3. https://www.latimes.com/socal/daily-pilot/sports/story/2023-07-03/u-s-open-of-surfing-will-return-to-huntington-beach-with-new-title-sponsor
  4. https://shop-eat-surf.com/2023/06/wsl-reveals-new-title-sponsor-for-us-open/#:~:text=The%20Wallex%20US%20Open%20of,%2C%20Nixon%2C%20and%20Pura%20Vida
  5. https://thecitylife.org/2023/07/08/2023-wallex-us-open-of-surfing-presented-by-pacifico-ushers-in-new-era-of-thrills-and-family-fun/
  6. https://enjoyorangecounty.com/vans-us-open-surfing/
  7. https://www.ocregister.com/2023/06/28/new-sponsor-new-vibe-announced-for-us-open-of-surfing-in-huntington-beach/

TGL: Golf’s Newest “IT” League

As the drama continues to swirl in the aftermath of the PGA and LIV Golf unification, a new and innovative adaptation of professional golf is preparing to debut in January 2024. TMRW Sports has partnered with the PGA Tour to create the TGL, an indoor golf competition utilizing the advanced technology available to the organization. The competition will take place in a brand new, state-of-the-art arena located in Palm Beach, Florida. The arena will contain a movie theater size screen for long-distance shots and a short game area containing greens and bunkers for putting and chipping. TGL will have a unique team format with players competing in 6 teams of 3 players. 12 of the world’s top golfers have committed to play in the league as of today including stars such as Tiger Woods, Rory McIlroy, Jon Rahm, Justin Thomas, amongst others. 

What is TGL?

The First Teams

While the golf world was being turned upside down by the PGA and LIV news, the TGL announced its first-ever franchise on June 8th. Los Angeles Golf Club took to Twitter to break the news that it is the first of six teams that will be joining TGL this coming fall. The franchise has a powerhouse ownership group consisting of the founder of Reddit, Alexis Ohanian, as well as tennis legends Serena and Venus Williams. Due to the high profiles and large followings of its owners, the league is sure to generate plenty of attention. The league has also received investments from major stars such as Stephen Curry, Justin Bieber, Lewis Hamilton, Shaquille O’Neal and many more. 

On June 26, the league announced their second team, TGL Boston, with an affiliation to another major American sports city. It now appears that each franchise will be city-based, which is interesting considering all the events will be taking place in Palm Beach, Florida. The team was quick to notify fans that the name “TGL Boston” will not be for long, as they are currently working on an official team name and logo that best represents the city. The Boston franchise is owned by the famous Fenway Sports Group which also has a stake in the Boston Red Sox, Pittsburgh Penguins, and Liverpool Football Club. The Fenway Sports Group has had great success with its franchises to date, but only time will tell if that success can translate to the golf world. 

What is TGL?

Broadcasting Details

The league’s season will be 15 weeks long with an event every Monday night beginning in January and running through April. The competition will be at a much faster pace than golf fans are accustomed to with a 2-hour time limit per match. Considering the MLB has seen boosts in viewership with the implementation of a pitch clock this season, TGL founders will likely also experience the benefits of speeding up a historically slow-paced game. Another unique aspect of the broadcast is that players will be mic’d up during the matches, giving fans the added entertainment value of hearing player conversations in real-time. 

This league will present a great opportunity for players to show their personalities and better market themselves as they won’t be confined to the traditional rules of a golf tournament. The league will also lean heavily into gambling opportunities for fans by incorporating betting information into their broadcasts. While there isn’t currently a TV deal in place for the league, there will surely be a bidding war amongst major television networks with golf legends like Tiger Woods and Rory McIlroy involved. 

Professional golf is currently in one of the most uncertain times in the history of the sport due to the controversy of the PGA and LIV unification. However, one thing remains for sure: when Tiger Woods is playing golf, people watch. Tiger and company will certainly draw massive media attention to this revolutionary golf league that has the chance to change the future of the sport. 

Sources:

  1. https://tglgolf.com/
  2. https://www.tglboston.com/
  3. https://twitter.com/JoePompliano/status/1668275738527531008
  4. https://twitter.com/WeAreLAGC/status/1666819261069926404?s=20
  5. https://golf.com/news/tiger-woods-golf-league-tgl-reveals-teams/
  6. https://www.sportspromedia.com/news/tgl-tmrw-sports-golf-tiger-woods-rory-mcilroy-investment-franchise-ownership/?zephr_sso_ott=Soqzwj

Team Ownership: Lessons from Wrexham

In February of 2021, Hollywood stars Ryan Reynolds and Rob McElhenny shocked the world with their purchase of Wrexham’s soccer club. What did two American actors know about English football, and why did they want a stake in a dying, fifth-tier club? Two years later, their move appears more strategic and genuine than ever. Wrexham has since moved into the English Football League, its revitalized community is thriving, and there’s even a binge-worthy FX docuseries in the mix. McElhenny and Reynolds’ decisions exemplify how, when done right, team ownership can enhance a sports community and restore faith in a neglected club. The impact has undoubtedly had a ripple effect, leading to a recent surge in celebrity owners who hope to achieve similar results. 

Authentic Interest 

Part of McElhenny and Reynolds’ draw to Wrexham was the club’s ability to earn a “promotion,” which presented a much more dynamic structure than most American sports leagues. For example, Wrexham’s season in the National League is 44 games. Each team in the league earns three points for a win, one for a draw, and 0 for a loss. The team with the most points at the end of the season wins promotion into the higher-tier English Football League. As potential new owners, McElhenny and Reynolds identified this promotion as their primary goal. 

Before McElhenney and Reynolds acquired ownership of the club, they went to great lengths to express this goal and to demonstrate how their commitment extended far beyond financial gains.  Wrexham’s club had been under fan ownership since 2011, which meant that their takeover required the approval of over 2,000 members of the Club Trust. During their presentation to the Trust, Reynolds emphasized their mission statement to transform Wrexham into a global powerhouse and to “become a part of the Wrexham story” rather than the other way around. Following the meeting, an overwhelming 98% of the members voted in favor of the sale, acknowledging the actors’ deep respect for the club’s history and their recognition of Wrexham AFC’s significance as a pillar of the community.

Team Ownership: Wrexham

First Steps

Even with the takeover incomplete, McElhenny and Reynolds invested money into Wrexham. They contributed to Wrexham’s Transfer Fund to help strengthen the squad roster in the upcoming season. As a result of their efforts, the team was able to secure better players and was one step closer to being a competitive force in the league. 

Once the takeover was finalized, Wrexham’s new owners continued taking steps to garner community support. American owners of British clubs have historically had an uphill battle in this arena. Consider the Glazer family’s ownership of Manchester United: while their wealth and business acumen were highly regarded, their limited understanding of the British football community left fans feeling disdainful. If American outsiders Reynolds and McElhenny wanted to give the club comeback, they’d have to give the community one, too. With Wrexham’s nearby Queensway area ranked by the Welsh government as the third-most impoverished neighborhood in the country, the two had their work cut out for them. 

The new owners recognized the club as a lifeblood for the town both financially and emotionally. McElhenny made his reverence clear, explaining that Wrexham players are “playing for their lives . . . You can see the passion. They’re playing with every last drop of their blood.”  Both actors approached team ownership by balancing the town of Wrexham’s perspective and their own business expertise. They rallied around local businesses like Turf Pub, bought homes in the area to remain hands-on, and polled the community to supplement where their knowledge lacked and maintain integrity with the fans. Hiring top-tier head coach Phil Parkinson and high-ranking MLS soccer exec Fleur Robinson, they enlisted industry giants to make critical decisions. Wrexham’s stadium, Racehorse Grounds, underwent major renovations and grounds replacement through millions in investment money, elevating the overall onsite experience. In addition, they increased the budget for player salaries to bring on top players like striker Paul Mullin. In response, season ticket sales tripled and average game attendance rose to almost 10,000. In 2023– just two years into new ownership–  the team achieved promotion to the English Football League.

Welcome to Wrexham

Along the way, Reynolds and McElhenny documented their endeavor in a wildly successful FX series, Welcome to Wrexham. Instead of focusing solely on their journey as team owners, the actors used the show as an opportunity to humanize the town and tell its stories. Considering Wrexham’s football club is rich with a 150-year-old history and deeply engrained in the town’s culture, its impact on the community is overwhelming. In the series, a citizen’s voice-over encapsulates the draw of Wrexham AFC, explaining: “Wrexham is a town that battles against odds constantly. It really is a place where people deserve a little bit more than they’ve got out of life. But the thing we love more than anything is the football club.” 

From celebratory shots at the local pub to highlights of players’ stories, the show captures the essence of Wrexham football’s unifying power. Thanks to the documentary, audiences worldwide fell in love with Wrexham’s comeback story and the unlikely passion and conviction of two American outsiders. Tourism has increased alongside the show’s exposure as U.S. fans flock to the small town to experience the excitement in person. 

Team Ownership: Wrexham

The Ripple Effect

As a result of Reynolds and McElhenny’s ownership, other celebrities have followed suit with teams of their own. Joining the National Women’s Soccer League, Natalie Portman’s female-led Angel City Football Club debuted in Los Angeles just last year. The team is backed by a roster of sports figures including Billie Jean King, Mia Hamm, Abby Wambach, and Serena Williams. Just as Reynolds and McElhenny have done at Wrexham, Portman’s group made player pay and authenticity a priority. They recently signed Christen Press with a $700K 3-year contract, making her the highest-paid player in the league. The group hopes to use the team as a way to elevate women’s sports, support pay equity, and invest in the greater Los Angeles community.

As Wrexham lives out its promotion dreams next season, it will be interesting to see McElhenny and Reynolds’ continued oversight and the growth that ensues. New and veteran team owners alike should take note of how these two unlikely figures have transformed Wrexham. Their enthusiasm and devotion is palpable, and it’s secured a win for both the club and its surrounding community.

Sources:

  1. https://www.bbc.com/sport/football/65364762
  2. https://www.wrexhamafc.co.uk/news/2021/july/signed–prolific-striker-paul-mullin-signs-three-year-deal-with-wrexham-afc/
  3. https://www.latimes.com/entertainment-arts/tv/story/2022-08-23/welcome-to-wrexham-ryan-reynolds-rob-mcelhenney-soccer-football
  4. https://www.gq.com/story/wrexham-fc-ryan-reynolds-rob-mcelhenney
  5. https://www.youtube.com/watch?v=38Mv7NBMm4Q
  6. https://www.bbc.com/sport/football/56001854
  7. https://www.bbc.com/sport/football/55835393
  8. https://www.cbsnews.com/news/angel-city-football-club-natalie-portman-better-pay-womens-soccer/

Padel: Pickleball’s Newest Competitor

Move over, pickleball– America’s new favorite sport already has a competitor in the sport of padel, and it is quickly attempting to gain a share of the U.S. market. At first glance, it is easy to mistake the sport of padel for pickleball, but the games’ rules and histories are much different. Padel was invented in Mexico in 1969 as a hybrid of tennis and squash, while pickleball gets its origin from badminton. Padel and pickleball are both playable in a doubles format with a net separating the court, but the padel court is surrounded by transparent glass walls that the ball can be played off of. 

Pro Padel League

While U.S. pickleball has rapidly gained popularity, padel has yet to see the same results domestically. Part of the reason pickleball has experienced such success is the community that has developed around the game. The limited size court and doubles format make the game much less physically demanding and more accessible to players of all ages. While padel is a hit outside of the U.S. with 25 million players in over 90 countries, it requires a higher level of athleticism. Padel’s glass walls keep the ball in play much longer and call for more advanced strategy and speed of play. However, this could be the sport’s greatest strength: padel’s highly active nature renders a much more entertaining and competitive product for fans to watch, which leads many to believe it could take off as a spectator sport in America. 

Pro Padel League

The pickleball competitor has now begun to infiltrate the United States with the introduction of North America’s first professional padel league, the Pro Padel League. The PPL is comprised of 7 teams from various North American cities competing in the inaugural season which began on May 13th and will conclude on June 11th. The teams will compete every Saturday and Sunday of the regular season which will lead up to the PPL Cup on June 11th.  

TV Coverage

The league recently announced a network deal with CBS Sports who will provide TV coverage for the PPL Cup in June. This announcement comes just weeks after the Professional Pickleball Association (PPA) announced their media deal with ESPN. This is a huge win for a league in its inaugural season trying to catch up with the likes of the PPA, as PPL now has the backing of a nationally-televised network to introduce the sport to a broader audience. 

PPL Investors

PPL has also seen its share of investors prior to the kickoff of its first season. The most recent investor is Puerto Rican rapper Daddy Yankee, who purchased the league’s eighth franchise based out of Orlando which will compete in the PPL next season. After the purchase became public, Daddy Yankee explained, “Padel reminds me of the early stages of Reggaeton in the ‘90s when it was just starting up. Pro Padel League has a big potential to grow the sport and get bigger. I want to be a part of it and leave a legacy.” 

Other early investors include a padel-focused venture capital firm backed by NHL players Filip Forsberg, Jacob Markstrom, Mattias Ekholm, and Andres Nilsson who saw the early potential of a U.S. PPL. Vegas Golden Knights owner Gavin Maloof, MLS star Sebastian Giovinco, and former tennis pro Tommy Haas are also claiming a stake. League founder Marcos del Pilar has stated that franchises are now selling for at least seven figures and original team owners have already seen over a 5X increase in value from their original investment. The league also received support from Merrill and Chosen Foods, two founding sponsors whose partnerships have given the league credibility and a boost in funding. 

Pro Padel League

The league hopes to use PPL as a catalyst for a similar explosion in popularity that pickleball has seen over the past couple of years. The first step is building more padel courts to increase its accessibility in the states, as there are currently only 240 courts in the country. To put that into perspective– countries like Spain have over 20,000. The league is off to a strong start with big name investors and national broadcasts, but it will have a long way to go to usurp pickleball’s hold on the U.S. market.

Sources:

  1. https://propadelleague.com/
  2. https://worldpadelinsider.com/what-is-the-difference-between-padel-and-pickleball/
  3. https://propadelleague.com/2023/05/pro-padel-league-signs-deal-with-cbs-sports/
  4. https://sports.yahoo.com/daddy-yankee-buys-pro-padel-095500061.html
  5. https://www.ppatour.com/espn-and-the-professional-pickleball-association-reach-agreement-to-cover-eight-tournaments-in-2023/
  6. https://tenniscreative.com/padel-statistics/
  7. https://www.nbcmiami.com/news/sports/daddy-yankee-helps-kick-off-inaugural-pro-padel-league-season/3034468/

Social Media Content Strategy for Athletes

In the world of athlete partnerships, having a large social media following is more important than ever. But simply building a following is not enough – athletes should also consistently curate a mix of content that showcases their personality, athleticism, and personal life to keep their followers engaged. From travel-themed TikToks to creative editing, let’s explore some fresh ideas to bolster your social media content strategy and keep audiences from clicking “unfollow.” 

Social Media Content Strategy

Training

Audiences follow people like Naomi Osaka and Cristiano Ronaldo to feel inspired by what it takes to compete at the highest level. And social media is the most accessible way to make this possible! To give followers this sought-after insight, athletes can provide an inside peek into their training regimen. Creative editing techniques such as time-lapse or slow-motion effects, split-screen editing, and overlaying viral sounds and music can make training videos more interesting and entertaining. It’s not as difficult as it seems, either. There are plenty of intuitive editing apps on the market that are smartphone accessible. Consider CapCut: it’s an all-in-one video editor that allows creators to split clips, add transitions, music, and visual effects all with the swipe of a finger.

Additionally, athletes can inject their personality into their training content by voicing over their training sessions in an authentic tone that aligns with their personal brand. Whitney Simmons, for example, is a health vlogger and GymShark athlete who infuses humor and authenticity into her gym videos. By posting mic’d-up footage on YouTube and repackaging clips on Instagram Reels and TikTok, she shows her followers the fun side of weight training. With silly accents and infectious laughter, Simmons brings a sense of approachability and joy to an otherwise serious activity. This approach can be adapted by other athletes as well, who can use their own voice and personal brand to add an authentic and engaging touch to their training content.

Social Media Content Strategy

Style

As athleisure grows in popularity, audiences look to the pros for inspiration. Posting content that showcases style on and off the field is one more way athletes can keep followers tuned in. “Outfit of the Day (OOTD)” content has sustained as a social media staple, and creators are constantly finding new ways to utilize the trend. To mix up a stand-alone OOTD post, athletes can try incorporating a collection of Instagram carousel photos that follow a week of outfits, enlisting colorful and unique backgrounds to contrast their mirror selfies. Short-form Instagram Reels or TikToks work for style content too, especially when paired with a “Get Ready With Me” theme. For longer-form video platforms like YouTube, followers engage well with closet tours and highlights of a sneaker or jersey collection. 

NBA players provide a great example of merging style with athletics through social media content. Oklahoma Thunder player, Shai Gilgeous-Alexander, does it so well that he won GQ’s Most Stylish Man of the Year and is a Converse partner! Taking advantage of the NBA’s culture of dressing in “business attire” when arriving or departing from games, Shai repurposes media coverage of his outfits on his Instagram page. He turns a normal walk into the locker room into an editorial-like fashion shoot that his followers love. Whether he’s sporting Chrome Hearts or Prada, fans eagerly await what look and designer he’ll post next. 

Social Media Content Strategy

Travel

Athletes also have the rare advantage of traveling worldwide for games and training, allowing them to showcase travel content to diversify their feeds. Some possible ideas for TikTok and Instagram Reels content include a “Pack With Me” video highlighting personal travel essentials pre-trip, travel “storytimes” recapping moments after the trip, and VLOGs throughout. Longer videos are popular too, especially when they capture restaurants, sights, museums, and nightlife for followers to live vicariously through!  

One emerging #TravelTok trend particular to D1 college athletes is “Day in the Life: Travel Edition” content. University of Texas track and field star, Sam Hurley, has amassed 3.6M TikTok followers and leads the charge in college athlete content creation. He recently posted a “Meet Week Travel Day” TikTok that garnered nearly 100K likes. Hurley’s VLOG followed him from his ChikFila breakfast to track practice, on and off the team plane, and to his hotel. He added text overlays of time to pace the video and mimic the natural progression of his day. Within the video, Hurley gave fans peeks of his hotel room, meals throughout the day, and commentary on the relationships he shares with his teammates. Through these videos, followers get a behind-the-scenes look into athlete travel. 

Social Media Content Strategy

Niche Interests

Athletes are more than just the sports they play. Whether it’s reading, cooking, or philanthropy, they have a wide variety of interests to leverage through social media content. Doing so adds variety to their feed, nets a wider audience, and expands their reach beyond their sport. 

For instance, as an avid reader, CrossFit pro Dani Speegle uses Instagram Stories to highlight the book she’s currently reading. A simple snap of the book’s cover elicits conversations among her fanbase and leads to engagement beyond the fitness community. Zana Muno and Winter Vinecki use stand-alone Instagram posts to highlight their love of gardening. By sharing their unique interests, they diversify their content without relying solely on training and competition highlight reels. 

Social Media Content Strategy

When athletes share their niche interests on social media, they not only engage and entertain their audiences, they catch the attention of relevant brands. NBA player Karl-Anthony Towns, for example, has always shared his interest in video games on Instagram and Twitter– even hopping on Twitch streams to engage with fans. As a result, Towns has gained partnerships with brands like Gaming Community Network and gaming tech company, ROG Global. Brands like these see that the athlete’s personal interest and social media following is already established, making the partnership both a lucrative and authentic one. 

As athletes use social media content creation to keep followers engaged, it’s critical to remember that timing is key. Trends come and go, and it’s important to stay up-to-date. When applying the key concepts discussed, creators can remain on top of social media using these resources:

  • Later Blog– Posts weekly updates on Instagram and TikTok’s trending sounds, edits, and themes
  • TikTok– TikTok’s own profile highlights weekly trends and tips for going viral
  • Slaying Social– Shares updated trends specific to TikTok, Instagram, Twitter, and Facebook

Above all, athletes should have fun with their social media posts! There’s joy in creating content that lets followers in on their personality, training, and passions outside of sport. Followers see the genuine excitement and become life-long, engaged fans.  

Major League Baseball Modernizing its Historic Game

Ever since baseball’s steroid era ended in the mid to late 2000s, MLB viewership has been on the decline. Pace of play slowed and offense diminished, causing the sport to lose fans to alternative forms of entertainment. Younger generations began gravitating towards more action-packed and highlight-friendly sports like basketball and football. In an effort to combat these issues, MLB recently enacted major rule changes to render a more entertaining product for consumers. The new baseball rules haven’t come without some backlash, but overall, seem to be picking up support as the season takes off.

Pitch Clock

The most revolutionary change to baseball this season is the pitch clock, which forces the pitcher to start their windup prior to the clock expiring. This rule also requires the hitter to be in the batter’s box and ready to hit with at least 8 seconds remaining on the pitch clock. If the pitcher violates this rule, a ball is added to the count. If the batter violates this rule, a strike is added to the count. So far, this rule change has decreased game length and created better rhythm for players and viewers. Last year, an average MLB game lasted over 3 hours. Today’s new rules have shaved down game length to about 2.5 hours.

New Baseball Rules

While the pitch clock faced some initial backlash from traditionalists who wanted to keep clocks out of baseball, modernists ultimately won out. Even so, some players and fans are taking time to adjust to the change. Just last month, LA Dodgers’ Cody Bellinger received an automatic strike for his pitch clock violation after soaking in a standing ovation. To avoid unnecessary violations and maintain fan engagement in the future, umpires may move to neglect time requirements under special circumstances. 

Shift Ban

Another factor that has plagued baseball is the increase in strikeouts, which leads to fewer balls in play and less action on the basepaths. This comes as teams have increasingly taken advantage of analytics to optimize the defense by employing a “shift.” During a “shift,” the defense overloads the side of the field where a player is more likely to hit the ball, abandoning traditional defensive positioning. While MLB cannot implement a rule to help hitters make contact, they have placed restrictions on the defense by banning the “shift.” Under this new rule, two infielders must be on each side of the infield with their feet on the infield dirt. 

While some argue the ban limits defensive strategy, many players understand the logic. Matt Duffy, infielder for the Kansas City Royals, told the New York Times: “Our job [as players] is to entertain first. If the product as a whole is not entertaining, people are not going to come.” The new rule enforces Duffy’s sentiments: by allowing hitters more base hits, batting average on balls in play is up 19 points on pulled ground balls this season compared to last. As players make more contact, the game becomes more engaging and entertaining for viewers.  

Base Size

Measures have also been taken to ensure more excitement once a player reaches base. To start, MLB increased the base size by 3 square inches to both enhance player safety and to give base runners a slight advantage on close plays. Additionally, pitchers have been limited in the number of pickoff attempts they have per at-bat, leading to more aggressive baserunning. This season, stolen base attempts have increased to 1.7 per game from 1.4 last year, and the success rate is 80.8%, which would be the highest in league history. The increased action on the basepaths has led to a much more exciting game for the viewer in an accelerated time frame. 

TV Ratings and Attendance

The new rule changes have certainly faced backlash from the older generation of baseball fans who are worried about altering the traditions of their favorite sport. However, MLB’s goal has been to regain popularity among the younger generations which have flocked to faster-paced sports. The first few weeks of the season have proved to be a success, as ratings were up across the board compared to last season. Fox’s opening weekend broadcasts saw a 10% increase in viewership compared to last season, and ESPN saw an 11% increase. Additionally, ESPN’s first Sunday Night Baseball broadcast of the season was the most-watched sporting event on cable television that night among the 18-49 demographic. 

In addition to winning over viewers, MLB’s rule changes have also proven favorable to fans in attendance. Attendance is up an average of 4% league-wide compared to this point last season. Fans in the stands now anticipate an action-packed sub-three-hour experience as opposed to a four-hour marathon. 

Sponsorship Opportunities

The new rule changes have provided the league with a unique marketing opportunity that they didn’t previously possess. The league is actively seeking advertising partners for the new pitch clock displayed in each ballpark. Depending on the brand, insiders estimate a season-long pitch clock sponsorship could sell for upwards of $10M. A sport that has gone without a clock for its entire existence now has the opportunity to seamlessly integrate a massive watch brand into the league’s modernized product. 

Given this move, perhaps MLB is taking notes from other major sports leagues. Global watch brands have a long history of involvement with sports leagues and teams, and another major opportunity has now presented itself within the MLB. The NBA, for example, has a partnership with watch company Tissot, who has been declared the official timekeeper of the NBA. Rolex is also a major player in the sport sponsorship industry with substantial partnerships in the tennis, golf, and motorsports worlds. Its stake as the official timekeeper of Formula 1 is worth an estimated $45M. According to Front Office Sports, Rolex could also be a potential MLB pitch clock suitor alongside Timex and Omega. 

New Baseball Rules

As MLB enjoys success from these recent new baseball rules, the league is taking a step into the future of modern sports entertainment. Fans seem to be in agreement with TV ratings and in-game attendance on the upswing. Even investors are taking notice: groups in both Orlando and Salt Lake City see baseball’s comeback as a lucrative investment, pitching new stadiums and new teams in their respective cities. If MLB can maintain this momentum, even more exciting developments and higher entertainment value are sure to come.  

Sources:

  1. https://www.mlb.com/news/mlb-rule-changes-impact-after-three-weeks
  2. https://www.mlb.com/glossary/rules/base-sizes
  3. https://frontofficesports.com/mlb-rule-changes-spur-record-opening-day-mlb-tv-viewership/
  4. https://www.amny.com/sports/2023-mlb-viewership-is-up-new-rules/
  5. https://calltothepen.com/2023/04/22/mlb-2023-attendance-spurt/
  6. https://sportsnaut.com/mlb-pitch-clock-sponsorship-price/
  7. https://frontofficesports.com/mlb-ready-to-sell-sponsorship-to-popular-pitch-clock/
  8. https://www.si.com/college/2023/04/21/ncaa-approves-three-clock-based-college-football-rule-changes
  9. https://boardroom.tv/rolex-sports-endorsements-roger-federer/

Formula 1 US Expansion: Why F1 Is Growing in America

Over a decade ago, many would argue Formula 1’s greatest relevance in American pop culture was Talladega Nights’ portrayal of fictional French F1 driver, Jean Girard. The same cannot be said in 2023: the sport is surging in popularity with record U.S. viewership and fan engagement. Thanks to factors like Netflix’s Drive to Survive docuseries and enhanced marketing strategies, F1 is netting a new generation of American fans with a genuine interest in the sport. F1 isn’t the only beneficiary here: by leveraging F1’s new American audience, brands and athletes are taking advantage, too. Let’s examine F1’s expansion into the United States and the key figures with a stake in its success. 

Liberty Media Takes Over

When U.S.-owned Liberty Media purchased F1 back in 2017, they bought an underdeveloped asset with no marketing team. Their immediate aim was to infuse F1 with the entertainment value so crucial to gripping American audiences. Through marketing research, they realized fans wanted a more immersive race experience and an open channel of information, both of which were limited under the strict regulations of F1’s former leadership. 

As a result, F1 took to social media to improve fan access. By incorporating behind-the-scenes coverage, interviews, and allowing previously restricted team content, fans forged a more personal connection to F1 teams and drivers. On YouTube, for example, F1 posts an annual Secret Santa video series. Ever since the Christmas of 2017, Popular F1 drivers like Kimi Räikkönen and Charles Leclerc exchange sentimental, outrageous gifts and attempt to guess their source. Fans have embraced the personal element of this content, which showcases the friendships and light-heartedness within the sport. Prior to Liberty Media’s takeover, fans had no way of experiencing these moments up close. Due in part to these efforts, the organization now experiences a 30% year-on-year social media growth.

US Formula 1

Drive to Survive Hooks American Audiences 

Partnering with Netflix, Liberty Media used the Drive to Survive docuseries to bring F1 closer to the forefront of American pop culture. According to The New York Times, it’s the show that “made Americans fall in love with Formula 1.” And they’re not so far off: when the series first premiered, ESPN averaged only half a million viewers per race. Three years into the show and those ratings nearly doubled. In 2022, ESPN renewed its F1 media rights contract for a figure between 75 to 90 million dollars. That’s a 1300% increase in the last contract’s valuation, largely credited to the show’s impact on American audiences.

Coming into its 5th season, the series continues to capture intense races, rivalries, and friendships among F1 drivers and their teams. Drive to Survive finds its success in humanizing F1, frequently following drivers off the track to depict their relationships with family and friends. In an episode entitled, “Man on Fire,” the show captures Sergio Perez’s final race of the season as he comes from last in the field to clinch the Sakir Grand Prix. His in-car camera films him sobbing in elation upon the P1 finish, then breaking down once more as he calls his wife and children with the good news. Capturing emotional narratives like this is what the show does best, and it’s why American audiences are so hooked. Even people who do not understand the sport’s nuances tune in to witness the high-stakes, emotionally compelling stories which revolve around it. 

US Formula 1

F1 Drivers Leverage Newfound U.S. Fame

Many F1 drivers have benefitted from the sport’s newfound U.S. awareness. Charismatic drivers like Red Bull’s Daniel Ricciardo have become motorsports figureheads, with Ricciardo now boasting 7.9M Instagram followers and counting. He’s leveraged this newfound popularity in the States to forge partnerships with American sponsors like Beats by Dre and EA Sports. 

At 10M Instagram followers, Monocan driver Charles Leclerc is even more popular than Ricciardo. More and more brands who typically favor NASCAR’s Americana are now beginning to see drivers like LeClerc’s stateside appeal. Celsius, for example, has been a NASCAR staple since 2016 with sponsorships between drivers like Justin Haley and Corie Lajoie. This month they announced their new venture into F1, sponsoring Leclerc’s car at Team Scuderia Ferrari. Leclerc and his teammate, Carlos Sainz will sport Celcius’s logo on their cars beginning at the Miami Grand Prix in May. Collaborating with the drivers through social media and activation appearances, Celsius is one of many brands looking to capitalize on F1 drivers’ growing American audience and pre-established global reach.

US Formula 1

American Brands Capitalize on Popularity of U.S. Races 

While the U.S. is no stranger to hosting F1 races, recent races have experienced an unprecedented rise in attendance, greater media rights value, and an influx of unique brand opportunities. The Grand Prix in Austin, TX has been held since 2012, but in 2021 it set the largest three-day attendance record of any Grand Prix, drawing crowds of more than 400,000 people. The stateside buzz has led F1 to add another American race to this year’s circuit with Las Vegas joining alongside Austin and Miami. Experts suggest the race will generate a 1.3B economic impact from ticket sales, food and beverage, media rights, and hospitality. The 2024 Super Bowl, which is also to be held in Las Vegas, is projected to accrue just half that. 

This is all good news for American brands who are quickly positioning themselves in the F1 space. In 2022 alone, American brands made 161 deals with Formula 1. That’s a 66% increase from 2020! Major players include U.S. tech company, Oracle, who inked a blockbuster 5-year deal as the title sponsor of Red Bull. Oracle’s move has led the charge in a new wave of American brand partnerships. McClaren followed with a Google deal, and the sole American-owned F1 team, Haas, partnered with Dallas-based MoneyGram. Just last week, Paramount+ became an official multi-year partner of the league with plans to place advertising in F1’s Fan Zone areas. While many of these brands are familiar with the sports sponsorship space, partnering with F1 is a new endeavor. As the sport continues to expand its U.S. market, the brands that jump on board are sure to grow alongside it. 

Ever since Liberty Media’s takeover, it seems F1 is living out its American dream. Fully developed American motorsports properties like NASCAR will need to evolve their strategy in response. Only time will tell if the market can be shared, or if F1 could surpass it in long-term U.S. growth. But one thing’s for sure: we’re now living in an era where F1 is celebrated in American culture. It’s no longer misunderstood; it’s a point of interest for U.S. fans and brands alike, and its future in the States is full of promise.

Sources:

  1. https://theathletic.com/3924843/2022/11/23/formula-1-viewership-2022/
  2. https://rtrsports.com/en/blog/formula-1-in-the-us-whats-behind-its-rise-in-popularity/
  3. https://www.nbcnews.com/news/us-news/formula-1-popularity-explodes-us-2023-season-begins-rcna71676
  4. https://www.autosport.com/f1/news/the-encouraging-trend-emerging-from-f1s-embrace-of-social-media/10362315/
  5. https://www.si.com/fannation/racing/auto-racing-digest/formula-one/eubanks-vegasf1react
  6. https://www.usatoday.com/story/sports/motor/formula1/2022/05/03/liberty-media-ceo-on-f1-growth-we-have-a-lot-of-demand/50180875/
  7. https://www.gpblog.com/en/news/167095/liberty-media-revitalises-formula-1.html
  8. https://www.caranddriver.com/features/a40758205/drive-to-survive-formula-1-american-fans/
  9. https://www.nytimes.com/2022/07/14/magazine/formula-1-miami-drive-to-survive.html#:~:text=When%20Netflix%20released%20its%20initial,a%20million%20viewers%20per%20race
  10. https://www.ferrari.com/en-EN/formula1/articles/celsius-an-official-partner-of-scuderia-ferrari
  11. https://frontofficesports.com/vegas-gp-expected-to-generate-1-3b-double-super-bowls-impact/
  12. https://www.sportbusiness.com/news/paramount-becomes-formula-1-official-partner/
  13. https://www.sportbusiness.com/news/us-sponsorship-of-f1-teams-up-66-per-cent-in-two-years/

India is Taking the Sports World By Storm through Cricket

The numbers don’t lie: India’s sports scene has been growing at a significant rate over the past few years and cricket is at the forefront of it all. By 2027, it is projected to expand to five times its current size. This is due to a flood of sports funding, a large congregation of talented individuals who are committed to growing the sports scene, and over 1.4B people who all love cricket. As a result, India is taking cricket into the future. Women’s cricket is booming at an unprecedented level, technology platforms are revolutionizing the way fans engage, and American investors are seeing the potential.  

Cricket

Deeply ingrained in the country’s culture, cricket remains one of the most popular sports in India. Cricket has a massive fan following in the country, with nearly 90 percent of the population closely following the sport. It is estimated that the Indian Premier League (IPL) generates a viewership of around 462 million in India alone. Cricket has an emotional attachment for many Indians, bringing citizens together and promoting unity. Victories in major cricket tournaments, such as the World Cup, are revered across the country, with people taking to the streets to celebrate.  

Over the years, India has produced the majority of cricketing’s global icons. Players like Sachin Tendulkar, Virat Kohli, MS Dhoni, and Rohit Sharma, are embraced by cricket fans across the world. India is utilizing some of these icons to further the sport’s development and maintain its relevance on a global level. Rahul Dravid, for example,  is a former Indian cricketer and is widely regarded as one of the greatest batsmen in the history of Indian cricket. He is currently the Director of Cricket Operations at the National Cricket Academy. Dravid’s contributions to sports development in India go beyond his achievements as a cricketer. He has played an instrumental role in mentoring young talent during his time as head coach of the Cricket Youth National Team.  He also promotes grassroots development, advocates for sports infrastructure, and emphasizes spreading sportsmanship values in the country. Dravid is one of many talented sports developers who are working to push cricket forward.

Women’s Cricket

Women’s cricket is a huge factor fueling the sport’s development in India and abroad. The public’s interest in female cricket is growing, with last year’s ICC Women’s Cricket World Cup in New Zealand drawing sold-out crowds and record-breaking attendance. This year, Indian cricket officials capitalized on this momentum, launching the Women’s Premier League, a female version of the IPL. The five new teams sold at auction for a combined total of over $570 million dollars. The prices per team were astronomically higher than established American leagues like the WNBA. Due to the teams’ high valuations, female cricketers can expect increased salaries and greater opportunities in the league.  

In conjunction with its new formation, the league secured the second-largest media deal for women’s sports. A new joint venture, Viacom18, between Paramount Global and Mumbai-based Network18, inked a five-year, $116 million media rights deal with the new women’s cricket IPL. As female sports garner more interest across the world, deals like these show India is committed to their development and that top media companies want a stake. 

Between large investors and national events, women’s cricket is on track to becoming one of the most popular female sports in the world. 

Is Cricket the Future

American Investors

American Investors are starting to take note of cricket’s profitability potential. Private investment firm RedBird Capital Partners, known for their stakes in Fenway Sports Group, the Yankees’ YES Network, and the Italian soccer team A.C. Milan, have taken an interest in the cricket property. Alec Scheiner, a RedBird Capital partner, began studying cricket and noticed a parallel between today’s IPL and a 2000s-era NFL. RedBird Capital decided to invest $37.5 million, which has most likely quadrupled in value in just one year alone. Disney and Sony also noticed this potential in cricket and were among the bidders in the broadcast rights tender last year. 

American Professional athletes are seeing this opportunity to invest in the sport, too. Last year, Chris Paul, Larry Fitzgerald, and Kelvin Beachum became minority owners in the IPL League cricket team, the Rajasthan Royals. When explaining his strategic move into the sports property, Chris Paul cited his confidence in the “value and scope for growth in the IPL.” This group of NFL and NBA stars may be the first American athletes to contribute to the world’s most popular cricket league, but other athletes and investors are sure to follow. 

Sports Betting 

Sports betting is another factor helping to push cricket into the future as more fans look for new ways to engage with the sport. In 2018, the Supreme Court of India legalized sports betting, which has made the industry more accessible to people through the use of apps and in-person events. 

India’s most widely used sports betting app is Dream 11. What began as a cricket fantasy sports company has now seen sports betting partnerships with the NBA and International Hockey League. In 2019, Dream 11 became the first Indian fantasy sports company to become a start-up “unicorn,” meaning a privately-held company valued at over $1B. By 2021, the company’s value had exceeded $8B. By enhancing the way fans engage, Dream 11 furthers cricket’s influence as a global sport and places the India-based company side-by-side with industry giants like FanDuel and DraftKings. 

Sportiqo

In addition to sports betting, India has been at the forefront of the rising stock market for athlete platforms. Sportiqo, a blockchain-based fantasy platform, has launched in India where, just like stocks, users can invest or trade in players. During Sportiqo’s beta launch this year, the app welcomed 32,000 new users. It expects 5 million by 2027 and is quickly looking to expand into the English Premier League. 

Sportiqo’s power lies in its performance-ranking system. Using an AI-generated algorithm, Sportiqo analyzes a variety of statistics in order to assign an index rating to athletes. Former cricketer, Robin Uthappa, is the platform’s newest ambassador. He stresses that Sportiqo is more than just a tech company– it’s a way to expand cricket’s influence, sharpen users’ sports IQs, and educate the youth on stock trading. As the India-based app grows, it’s sure to attract global investors and users alike. 

India is one of several countries that are starting to invest significant time, money, and resources into developing their sports industry. Based on its current growth rate, India could soon contend as one of the most dominant countries in the global sports industry. It will be interesting to watch as more companies recognize India’s potential to progress sports, particularly cricket, into multi-billion-dollar properties and how this will affect countries with fully developed sports industries. With the U.S. sanctioning both Major and Minor League Cricket just this month, it’s clear India’s impact on the global cricket market is gaining momentum and pushing the sport forward. 

Sources:

  1. https://asia.nikkei.com/Spotlight/Sports/India-s-ambitions-for-sport-industry-grow-as-China-cuts-goal
  2. https://www.petcashpost.com/p/india-will-be-the-next-sporting-capital
  3. https://www.newindianexpress.com/sport/cricket/2023/jan/24/dravid-bats-for-equal-attention-to-sports-and-education-2540666.html
  4. https://timesofindia.indiatimes.com/sports/cricket/news/first-love-how-1983-world-cup-win-triggered-indias-obsession-with-cricket/articleshow/76545582.cms
  5. https://www.devdiscourse.com/article/sports-games/2413071-odisha-boosts-grassroot-hockey-development-with-22-new-hockey-training-centres
  6. https://www.bbc.com/news/world-asia-india-59371757
  7. https://sportsmintmedia.com/sportiqo-unveils-new-digital-campaign-with-robin-uthappa/
  8. https://www.si.com/cricket/2022/05/06/chris-paul-larry-fitzgerald-investing-in-1-billion-cricket-team-rajasthan-royals
  9. https://www.nytimes.com/2022/11/01/sports/cricket/indian-cricket-us-investors.html
  10. https://femalecricket.com/women-cricket-news/27249-the-growth-of-womens-cricket-around-the-world.html
  11. https://www.forbes.com/sites/tristanlavalette/2023/04/13/americas-major-league-cricket-has-been-sanctioned-after-a-dispute-threatened-its-historic-launch/?sh=7f65b1a16e2b

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