Wednesday, July 25, 2007

NFL Vests - What's Your Backside REALLY Worth?

I recently spent some time doing some research on this vests issue to post over at Sportsshooter here, but I thought I'd tweak it a bit for you to read here, as well. So, to those who are not concerned because "the logo is small/on-the-front", I say to you that they will incrementally take your "ad space".

It's one thing to require a bright vest for security purposes, but, in reality, having been on the field at the All-Star game and World Series, there are so many non-vested people, that policing that is really a joke. PDN has an article where they show the actual vest, so check that out too.

You need only look so far as the FunPix section of the Sportsshooter website:

What it should/could be: http://www.sportsshooter.com/funpix_view.html?id=6213 and what is was a few months ago, at Pimlico, and WILL BE at all other venues soon: http://www.sportsshooter.com/funpix_view.html?id=6725. Note there, that that NIKON logo is atleast 3 inches tall and spans the entire bib!. Nice how this funpix shows both the front and back.

Would you like to see how your backside will be used by the NFL - a la Preakness style -- soon?

Here's a nice Getty Images shot showing the NFL logo - imagine that being YOU and the NFL logo saying something else, and here's another. (Note, if you've never been to the Getty site, choose your country/language, and you'll get there. If not, search for image # 73204093 or #73203983 for the photos).

When someone sees that bright BLANK space down on the field, they see dollar-signs - as ad revenue.

Consider this:

The Bedford Group has a Sports Marketing white paper here Which posits:

Q: What is the cost of the stadium billboard (per 1,000 potential viewers) vs. that of similar outdoor boards? What's the premium for being in the stadium with a captive audience?

A: Note, it is generally accepted that a sign in a sports venue can be more valuable than a billboard because: (1) The audience is fixed for several hours at a time vs. simply passing by in a car (2) the sign can be shown on television during matches, thus gaining a wider audience.

For televised games, what is the value of the Company logo (from the stadium sign) appearing occasionally during each broadcast? Take a guess and determine that, for example, it will get 30 seconds of airtime
during each broadcast game, then give the sign additional value (getting a 30 second TV spot free).
NOW, what is your backside worth? IF ALL of the photographers are wearing a corporate logo in their backside, which is being seen by fans time and time again - DURING the game on tv AND from the stands by 60k+, it's easy to figure out.

So, let's do some math:

Clear Channel has a rate calculator - available here.

Now, going through that calculator - SF Bay Area, 8-sheet poster, general market, they will charge a mid-range price of $40,000 for four weeks, or $10,000 a week, and this presupposes that the four week "circulation" is approximately 57,000 people. For this, an 8 sheet poster is 5'x11', or 55 square feet. Your back is approximately 18" x 18" of usable space, or 2.25 square feet. $10k at 55 sq ft equates to $182 per sq ft. For your backside, that'd be $409, per person, for one stadium with 50,000+.

Imagine this conversation:
"We credential 40 photographers per game, and all are fieldside, that's 40 times 2.25 sq ft per person, or 90 square feet. Clear Channel charges about $16,000 to reach 50,000 people or so at that size. You are reaching not just that audience, but our research, in reviewing broadcast tapes of games from the last 24 months, show that those blank-slate bibs appear for a combined total of 16 seconds a game - during the game, when fans are more likely to be paying attention. NFL division playoff games have a rate of $600,000 per 30-second spot. Since, in those ads, you are designing the presentation, it makes sense. In this case, we're showcasing your logo fieldside, but only for 16 seconds. To start things off, we'll cut the per-second cost that 16 seconds would be - $320,000 down to $160,000, for the one game. But you have to commit to an entire season."
Source: Data360.org
So, you're worth $409 as a static billboard, per game, and $4,000 as a portion of the tv ad (40 backsides at $160,000 per game), or, $4,409 - per game. Now, how many games are there?

Nice. A stringer makes $200 Work-for-hire from the wire service, who earns that back with just one image sale, and the team makes $4,000+ off your backside.
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5 comments:

JeffH said...

Give me a 10% cut of that $4K per game and I might be willing to pimp myself out as a walking billboard....

Anonymous said...

One Word: GREED

Robert Smithson said...

pimp me out baby, pimp me out!

Florian said...

Wow, so much for my back and I am not lying on my back...

I did not like logo wear when I worked at a station, nor do I like wearing logo wear to a game... so NFL take your green eggs and ham with logos and go elsewhere!

Nick Mendez said...

Has any group (NPPA, ASMP, etc, etc.) approached the NFL about this situation and try to reach a compromise?

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