Fans: The Heart and Soul of Sports Sponsorships
- November 14, 2023
- SponsorPulse Staff
At SponsorPulse, we understand the value of fan passion in sponsorship decisions, and in this blog, we'll explore how fans impact sports sponsorship.
How Fans Impact Sports Sponsorship
Fans are the lifeblood of any sports team. They are not just spectators; they are passionate supporters who form a loyal and emotionally connected community. This emotional bond creates a unique opportunity for sponsors looking to boost brand recognition and engage with a dedicated audience.
At the core of sports sponsorships is a symbiotic relationship between fans and teams. Fans provide unwavering support, pack stadiums, and watch games from the comfort of their homes, boosting the team's popularity and visibility. In return, sports teams partner with sponsors to enhance the fan experience, ultimately fostering deeper connections with their supporters.
Sponsors leverage this connection by aligning their brands with the teams and sports that fans are passionate about. This alignment creates a resonance that fans appreciate and support, and it often extends to increased customer loyalty and affinity for the sponsor's products and services.
Sponsorship Earnings: A Glimpse into Success
Let's take a closer look at Toronto’s iconic sports teams and their impressive fan-fueled sponsorship earnings.
As the only Canadian team in the NBA, the Toronto Raptors have captured the hearts of fans not just in Toronto, but across Canada. Their sponsorship portfolio includes Sun Life Financial, who allegedly pay $5M a season to have their logo prominently displayed on the Raptors' jerseys
The Raptors boast a 44% engagement rate, 44% intensity rate, 23% passion rate among Canadians—powerful numbers to drive sponsor success.
Toronto Blue Jays
In the world of Major League Baseball, the Toronto Blue Jays are Canada's sole representative. The naming rights agreement with Rogers for the Rogers Centre stands out. In 2005, Rogers shelled out $25M to outright own the stadium formerly known as the SkyDome. In 2023? A $300M renovation of the facility is underway. This deal is a testament to the value of sports sponsorships for both teams and sponsors.
Blue Jays fans support their team at rapid rates—46% engagement, 43% intensity, and 47% excitement.
Toronto Maple Leafs
The Toronto Maple Leafs are an NHL underdog with a rich history. Scotiabank has a significant presence as a sponsor, having entered into an impressive $800 million, 20-year sponsorship and naming rights deal for the Scotiabank Arena. This partnership deepens the connection between the team, its fans, and the sponsor.
Go Leafs Go! The Maple Leafs pull impressive fan metrics—with 47% engagement, 42% intensity, and 42% excitement rates.
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