Sponsor Insights

Alcohol Brands Scored Big this NBA Season

The perennially popular NBA Playoffs kick off this Saturday, with 16 teams vying for the chance to ultimately take home an NBA championship ring. As basketball fans nationwide gear up for the 8 action-packed showdowns, here’s a snapshot of the league sponsorship landscape during the 2022-2023 regular season. 

More than 2.7K brands bought sponsorships or media within the NBA, while each team averaged 76 sponsorship deals. Venue products/services, television, interior signage, and digital content led the list of most frequently bought assets. 

The top 5 most active categories within the league this year were:

  1. Alcohol
  2. Financial
  3. Technology
  4. Auto
  5. Non-Alcoholic Beverages

Michelob Ultra, Budweiser, and Hennessy–the top 3 brands within the Alcohol category–have multi-year deals with both the league and multiple teams. Meanwhile, newer names including Bud Light Seltzer, Sire Spirits, and Cutwater Spirits emerged as the top 3 fastest growing brands within the category in terms of activations.

With 7 sponsorships each, Kenda Tires and Nexen Tires grew their footprints more than any other brands within the NBA this year–tying with Starry Soda–which became a league sponsor this season. Both tire companies leveraged courtside apron ads and basket stanchion digital ads the most within these deals.

The NBA engaged 86M users across all social media platforms this season with 35K total posts. The most engaging–a co-branded Instagram post by the Golden State Warriors with Japanese fintech company Rakuten, of Steph Curry showing off his team’s new NBA City Edition uniform–garnered engagement of nearly 1.1M. The Warriors launched the uniform as a part of the team’s #Empowered campaign, a celebration of women at the intersection of court, community and culture in the Bay Area. Through the campaign, the Warriors and Rakuten donated over $25K to the Women’s Sports Foundation.

NBA Teams Score Big On Social In The Offseason

The 2022/23 NBA season–the league’s 77th–tipped off on Tuesday with a marquee doubleheader. As fans gear up for a slew of exciting match-ups over the next six months, here’s a glimpse at how the league’s teams and players fared on social media during the offseason. 

NBA teams stayed active with 3,187 sponsored posts across 366 deals since mid-June, engaging over 18.7M followers–an average of 51K per deal and 5.6K per post.

Top 5 offseason posts (by total engagement):

  1. Bibigo x LA Lakers – 526K
  2. UCLA Mattel Children’s x LA Lakers – 514K
  3. Rakuten x Golden State Warriors – 333K
  4. Oracle x Golden State Warriors – 227K
  5. Coinbase x Chicago Bulls – 197K

The Lakers and the Warriors dominated social media during their time off, generating a combined 42% of the NBA’s total engagement. The Lakers accounted for 20%,  engaging 3.7M fans across 103 posts–40 of which were with Korean food company Bibigo, the team’s jersey patch sponsor. Five of the NBA’s 10 most engaging posts were Lakers’ branded posts, 3 of which were with Bibigo. 

Engaging 4.1M followers across 291 posts–192 with Oracle–the Warriors were responsible for 22% of the NBA’s social engagement since last season ended. The team averaged engagement of 415K per brand, eclipsing the Lakers’ 234K per partner. The Warriors’ offseason social activity with Oracle amassed over 1M more engagements than any other NBA partnership, due in large part to its plethora of posts. 

NBA players were also busy on social media during the offseason, as Lebron James and Giannis Antetokounmpo proved why they’re among the four highest paid players in the league.

Top 5 NBA player offseason posts (by total engagement):

  1. Lobos 1707 Tequila x Lebron James – 1.8M
  2. Sports Illustrated x Lebron James – 1.121M
  3. Brown & Brown Custom Clothiers x Giannis Antetokounmpo – 1.118M
  4. Zion Williamson x Jordan Brand – 585K
  5. RIMOWA x Lebron James – 579K

Athletes with supersize social media clout naturally command much bigger deals. Here are the NBA giants with the highest-earning endorsement portfolios, and some of their deep-pocketed brand partners.

Estimated NBA athlete endorsement portfolio earnings (Source: Sportico)

  1. Lebron James – est. $75M
    • Cypto.com, GMC, Ruffles
  2. Kevin Durant – est. $48M
    • NBA Top Shop, Weemaps, Nike
  3. Steph Curry – est. $45M
    • Rakuten, FTX, Literati
  4. Giannis Antetokounmpo – est. $44M
    • WhatsApp, Nike, Breitling
  5. Russell Westbrook – est. $25M
    • Jordan Brand, Converse, Varo

NBA Finals Matchup

The Golden State Warriors won their 4th NBA Finals in eight years after taking down the Boston Celtics in a 103-90 game six victory. While the Warriors may have won the finals on the court, how did this year’s NBA Finals contenders match up in the sponsorship / media scene off the court?

The Golden State Warriors have a combined social following of 46.6M to the Boston Celtics 19.6M across all major social media platforms (TW, IG, FB, TT.) Instagram is the top social platform for the Warriors, hosting 50% of the team’s total following. They also saw a 19% YOY increase in total followers, which was one of the highest jumps in the NBA. The Celtics’ top social platform is Facebook, and the team saw a 5% YOY increase in total following. Interestingly enough, both teams lead their markets, as both teams rank #1 in total following across any properties in their respective markets.

The Golden State Warriors come out on top in partnership deals with over 400+ brand partners and 80+ sponsors during the 2021-22 NBA season. 46 of these brands leveraged the team’s social media platforms, and averaged 50+ unique sponsored posts per brand. When ranked by number of assets, the Warriors’ top partners for the season were Chase, Kaiser Permanente, Rakuten, HPE – Hewlett-Packard Enterprise, and Oracle. The Boston Celtics still had quite the portfolio, eclipsing 350+ brand partners and 60+ sponsors throughout the 2021-22 NBA season. 38 of Boston’s partners leveraged the team’s social media, with an average of 45+ sponsored posts per brand. Top partners for the Boston Celtics this season were TD Bank, JetBlue, Putnam Investments, New Balance, and Xfinity. 

NBA X Hennessy

The NBA and Hennessy, the leagues first Global Spirits Partner, partnered to unveil two one-of-kind basketball courts in May 2022. One court located in the front of the National Chang Kai Shek Memorial Hall in Taiwan, and a floating basketball court located off the coast of Sydney, Australia.

Download the SponsorUnited NBA 2021-22 Marketing & Partnerships Annual Report now at SponsorUnited.com for more insights like this.

 

NBA X Hennessy

NBA 2021-22 Report

SponsorUnited Releases NBA 2021-22 Marketing & Partnerships Annual Report

NBA teams surpassed $1.2B in sponsorship revenues, achieving 50% growth over the 2020-21 season.

This week the NBA 2021-22 Marketing & Partnerships Annual Report was released. The report is fortified by data from over 6,000 NBA sponsorship and media deals from the 2021-22 NBA season. It highlights the impact of team revenue in addition to a comprehensive dive into marketing and partnerships across the league, all 30 teams, players, categories, assets, and brands.

Key findings from the report include:

  • NBA teams surpassed $1.2B in sponsorship revenues, achieving 50% growth over the 2020-21 season.
    Nearing $450M in additional spending on team sponsorships.

  • Revenue was driven by a significant increase in spending across the Sports Betting and Financial categories, and the emergence of Cryptocurrency.
    Socios.com, which had no NBA deals in 2020-21, launched 28 individual deals this season.

  • NBA players continue to expand as a platform for brands, as they saw a 46% increase in deals from the prior year.
    Player endorsements now represent 30% of total NBA brand deals.

  • Five of the top six searched companies on the SponsorUnited platform by NBA executives were cryptocurrency brands (FTX, Crypto.com, Coinbase, Voyager, Ankr.)
    Cryptocurrency had a higher search volume than the entire alcohol category. In fact, not one alcohol brand ranked within the top most searched 50 brands.

  • Performance on the court had the most direct correlation with fan interest.
    Playoff-eligible teams increased their social following during the season at a 150% higher rate than teams that missed the playoffs.
  • Despite missing the playoffs in his 19th season, LeBron James’ social following saw a massive increase of 22M new followers, which is more than 25 individual NBA teams.
    In fact, he alone has more Instagram followers than every NBA team’s total social following across Instagram, Twitter, Facebook, and TikTok.

“The NBA saw significant growth by capitalizing on a perfect storm of high-growth industries like Crypto and Tech aggressively entering the market with teams having highly visible platforms and innovative marketing solutions that allowed brands to tell their story in compelling ways” said SponsorUnited President & Founder, Bob Lynch.

For more key insights and access to the complete report, download the SponsorUnited NBA 2021-22 Marketing & Partnerships Annual Report at SponsorUnited.com.

Methodology

This report was compiled using SponsorUnited’s proprietary platform data from September 2021 through May 2022.

*Social Data Compiled from Property or Person-Controlled Instagram, Facebook, Twitter, TikTok, and LinkedIn Accounts and Social Activity.

NBA Playoff Appearance Strengthen Social Media Experience

This year, the 16 NBA playoff teams saw a 12.5% increase in social media followers while non-playoff teams saw a 5% growth. Is this due to more time in the limelight or because their markets are home to the best players in the league?

Of the eight Eastern Conference playoff teams, the Chicago Bulls rank highest in the NBA in terms of social media followers, with nearly 30M and ranked #4 in the league. Interesting to note that of the eight teams, five rank #1 in their market in terms of social followers.

With superstars Kyrie Irving and Kevin Durant, the Brooklyn Nets have the highest average engagement rate per post while the Boston Celtics have the highest total engagement. As defending champions, the Milwaukee Bucks have the most social deals, 55 unique brands to be exact. While the Atlanta Hawks have less social deals but the highest number of branded posts, with over 2,300 already this season..

Now onto the Western Conference teams. Four of the eight teams rank #1 in social media followers in their market while all eight teams are at least top three in their respective markets. To no surprise,, the Golden State Warriors rank highest amongst the crew in social follower rank within the NBA landing at #3. The Utah Jazz had the highest YoY growth with a 29% increase.

The Warriors take the title for having the highest average engagement rate as well as total engagement of over 50M. This separates them from the pack by a landslide, the Mavericks come in 2nd with a total engagement of just over 8M.

NBA Play-In Tournament | Property Comparison

The NBA‘s Play-In Tournament is back for its 2nd year. We highlight the west coast matchup of the day as the Minnesota Timberwolves take on the Los Angeles Clippers tonight on TNT.

#sponsorships

 

Lebron James & Kevin Durant | NBA All-Star Endorsements

Sunday, February 20th, Team LeBron takes on Team Durant in the 2022 NBA All-Star Game hosted at Rocket Mortgage Fieldhouse.

Los Angeles Lakers superstar, LeBron James, has seen a 21% increase in social followers and a 75% increase in brand endorsements this season. On the other side of the court, Kevin Durant of the Brooklyn Nets has seen a quick boom in endorsements featuring CoinbaseWeedmaps, Degree, Master & Dynamic, and Nike. Not to mention his investments with the Philadelphia Union.

 

 

This Sunday, Team LeBron takes on Team Durant in the 2022 NBA All-Star Game hosted at Rocket Mortgage Fieldhouse.

Los Angeles Lakers superstar, LeBron James, has seen a 21% increase in social followers and a 75% increase in brand endorsements this season. On the other side of the court, Kevin Durant of the Brooklyn Nets has seen a quick boom in endorsements featuring CoinbaseWeedmaps, Degree, Master & Dynamic, and Nike. Not to mention his investments with the Philadelphia Union.

NBA All-Star Weekend LeBron James Endorsements

NBA All-Star Weekend Kevin Durant Endorsements

The Future of Fitness Coaching is within the Future App

Future, a fitness app that virtually connects you with your very own personal trainer, has signed deals with the New York Knicks and Golden State Warriors. The brand will become the Official Fitness Coaching partner of both teams as they have opened up a new sponsorship category within the NBA

The brand will be getting awareness with logo visibility at both Madison Square Garden and the Chase Center while also creating exclusive content with the strength and conditioning coaches of both teams. They will also be featured during the game with promotions available for fans attending games.

Each week SponsorUnited sends out a list of the top 25 hottest brands to current clients. This list is ranked by weekly increase in profile views by unique users of SponsorUnited. Last week after the deal was announced with the teams, Future was ranked #5 on the list while the week prior was ranked #478. It will be interesting to watch Future as the season continues. SponsorUnited will be tracking all assets Future has at both arenas which is set to debut in the next week as the All-Star break has ended. The brand has currently been activating with the Golden State Warriors on social media with branded posts called “Road Reps.”

 

James Harden vs Ben Simmons | NBA Trade Deadline

NBA trade deadline

On the final day of the NBA trade deadline, the Brooklyn Nets and Philadelphia 76ers pulled off a blockbuster deal trading James Harden for Ben Simmons among other players.

Simmons, who hasn’t played this year, still ranks #10 in the NBA in total endorsement deals and has outperformed Harden in terms of branded post engagement, with almost 1% of his total followers liking/sharing/commenting on posts where he promotes a brand.  Playing has its benefits, however, as Harden has grown his follower base by 129% this year, compared to 9% by Simmons.

According to SponsorUnited data, Nike and adidas lead the way in terms of sponsorship deals with NBA athletes. Similar to the overall NBA, the two brands battle back and forth to land more deals. In this instance, adidas has landed Harden while Nike has Simmons. BodyArmor, a Harden partner, and Verizon, a Simmons partner, both also are in the top 7 in terms of sponsorship deals while Verizon edges out BodyArmor narrowly.

Karl-Anthony Towns leads the way in the NBA with 16 endorsement deals followed by Trae Young with 13 followed by Jayson Tatum with 12. Lebron James has the most total social followers in the league north of 185 million with Steph Curry behind him over 60 million. Although Bron may take the lead in followers, Curry has a .91% engagement rate while Bron’s is .38%.