By using this site, you agree to the Privacy Policy and Terms of Use.
Accept

Your #1 guide to start a business and grow it the right way…

InSmartBudget

  • Home
  • Startups
  • Start A Business
    • Business Plans
    • Branding
    • Business Ideas
    • Business Models
    • Fundraising
  • Growing a Business
  • Funding
  • More
    • Tax Preparation
    • Leadership
    • Marketing
Subscribe
Aa
InSmartBudgetInSmartBudget
  • Startups
  • Start A Business
  • Growing a Business
  • Funding
  • Leadership
  • Marketing
  • Tax Preparation
Search
  • Home
  • Startups
  • Start A Business
    • Business Plans
    • Branding
    • Business Ideas
    • Business Models
    • Fundraising
  • Growing a Business
  • Funding
  • More
    • Tax Preparation
    • Leadership
    • Marketing
Made by ThemeRuby using the Foxiz theme Powered by WordPress
InSmartBudget > Marketing > NIL deals could be a boon for pro leagues

NIL deals could be a boon for pro leagues

News Room By News Room July 17, 2023 4 Min Read
Share

Get marketing news you’ll actually want to read

The email newsletter guaranteed to bring you the latest stories shaping the marketing and advertising world, like only the Brew can.

The NCAA’s 2021 NIL rule change that gave college athletes the go-ahead to profit off of their names, images, and likenesses came with plenty of implications for brands and, of course, athletes.

But there’s another player in the game: leagues. The policy has potential positive impacts for them as well, according to NIL experts, especially women’s leagues and smaller ones looking to expand their popularity.

Follow me: Jeff Ehrenkranz, COO at sports marketing agency Allied Sports, said pro women’s leagues stand to benefit significantly from athletes joining with preexisting relationships with fans and brands.

  • “Those women athletes coming out of college where they had commercial relationships already will bring those relationships and those followings to the professional leagues,” he told Marketing Brew. “We already saw it coming out of [Women’s March Madness] and the draft for the WNBA.”
  • This year’s Women’s March Madness broke viewership records, and when the WNBA Draft happened not long after, it was the most-watched in almost two decades, according to ESPN, with 572,000 viewers, up 42% year over year.

Matt Hochberg, who doesn’t work specifically with college athletes, but represents pros in women’s leagues like the NWSL for brand deals, said NIL has contributed to increased brand interest in emerging leagues by giving them a more easily accessible way to try out sports marketing for the first time.

“Then they come to realize, ‘Oh, there’s this entire world of all these amazing athletes who may not be star NBA players or star NFL players, but are athletes, and we can work with them, and we can afford them,’” Hochberg said.

League marketing: While brand deals might not hold the same level of social currency as Livvy Dunne rizzing up Baby Gronk, they certainly don’t hurt in raising an athlete’s profile.

  • For one, athletes are going pro with more knowledge of how to market themselves, according to Parker Cain, VP of talent marketing at Excel Sports Management.
  • Leagues also use athletes in their marketing, which can be easier to do with those who have previous “brand exposure that only makes [them] that much more marketable as a new face,” according to Joe Caporoso, president of sports and entertainment media company Team Whistle, which also has an internal agency that pairs brands with creators.

Take USC quarterback Caleb Williams, for instance, who’s widely expected to be the No. 1 pick in the 2024 NFL Draft. He’s already done deals with and appeared in commercials for brands including AT&T, Beats by Dre, and Neutrogena: “He’s not going to be some unknown that you’re now trying to put on a poster for Sunday Night Football or Monday Night Football,” Caporoso said. “Everyone’s gonna know who he is.”

Read the full article here

News Room July 17, 2023 July 17, 2023
Share This Article
Facebook Twitter Copy Link Print
Previous Article How CRE Business Leaders Can Finance Building Decarbonization
Next Article No. 1 Hot Side Hustle in 2023 Is Something You Might Already Do
Leave a comment Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Wake up with our popular morning roundup of the day's top startup and business stories

Stay Updated

Get the latest headlines, discounts for the military community, and guides to maximizing your benefits
Subscribe

Top Picks

Consumers Won’t Buy Green Products Unless Brands Do This One Thing
June 14, 2025
The One Thing Leaders Must Do, According to a Performance Psychologist
June 14, 2025
Airlines Don’t Want You to Know They Sold Your Flight Data to DHS
June 14, 2025
Former Dell Executive Launches Heart Health Supplement Company
June 14, 2025
Athletes’ next social media platform of choice? LinkedIn
June 14, 2025

You Might Also Like

Athletes’ next social media platform of choice? LinkedIn

Marketing

Inside Snapchat’s plan to court—and grow—the next generation of creators

Marketing

NBA team sponsorship revenue nearly doubled in past five years: report

Marketing

Amazon soups up its GenAI video generator

Marketing

© 2023 InSmartBudget. All Rights Reserved.

Helpful Links

  • Privacy Policy
  • Terms of use
  • Press Release
  • Advertise
  • Contact

Resources

  • Start A Business
  • Funding
  • Growing a Business
  • Leadership
  • Marketing

Popuplar

Inside Giada De Laurentiis’s Deal With Amazon
Every Leader Needs This Trait to Succeed in Uncertain Times
‘Uber for Getting Off Antidepressants’ Launches in the US

We provide daily business and startup news, benefits information, and how to grow your small business, follow us now to get the news that matters to you.

Welcome Back!

Sign in to your account

Lost your password?