Getting the bread
From The GIST Sports Biz (hi@thegistsports.com)
Happy Friday!
Caitlin Clark made history last night when she broke Kelsey Plum’s NCAA women’s DI basketball scoring record with a career-high 49 points, but it’s the culture around her dubs that are total game-changers. Peacock is using Clark’s hype to drive viewers to its streaming platform, even creating an alt Caitlin Cast stream for Iowa games. You break it, you own it.
- We’re taking the long weekend to celebrate this (and Presidents’ Day), but we’ll be back in your inbox next Wednesday with more wins from the women’s sports business world.
PWHL
🏒 Ice cold
The GIST: The PWHL just keeps winning. This week, the women’s hockey league signed the Women’s Sports Network (WSN) as its first U.S. national broadcast partner and brought on two financial services companies — Bread Financial and Discover. Literally getting this bread.
The details: These inaugural partnerships follow a similar format: Discover’s logo will feature on PWHL Minnesota helmets, while Bread Financial’s will adorn PWHL New York’s lids. Both deals include in-arena signage and promotions across the league’s three U.S. teams in Minnesota, Boston, and New York.
- Adding to the similarities, both companies secured PWHL broadcast activations with digital integrations, but they differ when it comes to social media. Discover will produce mini mic content to showcase player personalities, while Bread will sponsor a “Save of the Game” highlight segment.
The history: Discover has been a player in pro women’s hockey before, namely through its ties to the PHF, a PWHL predecessor. After becoming the org’s official credit card sponsor in 2021, Discover extended its partnership into the 2022-23 season to become the PHF’s helmet sponsor and the first broadcast presenting partner of PHF games on ESPN+.
- While Bread Financial has primarily teamed up with men’s sports in the past, it has demonstrated an interest in cultivating women’s hockey fandom. Through its partnership with the NHL’s Columbus Blue Jackets, the company introduced the Hockey For Her program last year.
The trend: While Canadian sponsors bought into the PWHL early on, U.S. sponsorship has been expanding since the league’s January puck drop. The WSN deal signifies a growing U.S. commitment as the first American national broadcasting partner for the PWHL, but is still behind Canada’s deals with three linear television networks.
Zooming out: The PWHL is unique because its ecosystem is responding in real time. After garnering record attendance, teams are leveling up to bigger arenas and sponsors are jumping in mid-season after seeing instant ROI. It’s a date.
UK women’s soccer
📺 On the telly
The GIST: After joining forces with the Women’s Championship (WC) and reorganizing under NewCo, the Women’s Super League (WSL) is taking the next big step toward getting paid. Following in the footsteps of FIFA and the NWSL, the WSL is negotiating to have every game shown live in the UK next season. Ledge.
The context: NewCo is the organization overseeing and managing both the WSL and WC, the top two tiers of UK women’s soccer. These entities were previously controlled by England’s Football Association (FA) — which endeavored to see NewCo become independent with financial help from the FA and EPL.
The plan: Domestic rights for all 132 matches will be available, with 56 games being sold exclusively as the WSL aims for a new deal worth at least $18.8M annually. Matches are being proposed for weekend afternoons, but the WSL is restricted by the 3 p.m. blackout rule that forbids football from airing then to encourage game attendance and grassroots participation.
- Advocates argue women’s soccer should be exempt as it would make the perfect dedicated time slot for WSL games, but the English Premier League and English Football League are joined at the hip on this one.
The interest: Even though UK women’s soccer is growing, TV channels aren’t yet interested in paying a premium price. According to the Daily Mail, broadcaster Sky Sports has argued that the WSL’s value hasn’t grown enough to justify its asking price, but is still predicted to bid for WSL rights.
- The BBC is also expected to continue showing games free-to-air (FTA), but newcomers like TNT Sports and DAZN could be in the mix for a rights deal. DAZN, which recently committed to making its UK women’s soccer FTA, would represent quite the ally for the league.
Zooming out: The WSL knows its worth and wants to cash in on improved media rights, à la the NWSL. NewCo has the opportunity to position itself to get what it deserves — the 3 p.m. time slot, getting paid more to broadcast every game, and networks committed to improving women’s soccer. They want it that way.
🎓 College women’s basketball is taking over television
On Super Bowl Sunday, overlapping college women’s basketball games averaged 1M viewers each, with Caitlin Clark and Iowa breaking a Fox record. Due to this clear demand, Horizon Sports & Experiences and Fox Sports are teaming up to launch a Women’s Champions Classic that will debut early next season.
🤝 Diving into the Parity-Grandstand partnership
The GIST recently spoke with Parity CEO Leela Srinivasan and Grandstand CEO Sandeep Rajan about their organizations’ new joint partnership. Srinivasan billed Parity as a “matchmaker” to unite over 1K women athletes with sponsorship opportunities, and a number of these athletes were monumental in shaping Grandstand’s product, according to Rajan.
- Describing it as a “Patreon for athletes,” Rajan also explained that Grandstand allows athlete creators to connect with loyal fans in a meaningful way, and noted excitement to “drive real engagement and monetization” for Parity athletes through the partnership.
🏎️ Charlotte Tilbury announced a partnership with F1 Academy, marking the beauty brand’s first-ever global sports sponsorship.
👀 NWSL commissioner Jessica Berman revealed that 11 potential ownership groups are under NDA as the league enters talks for its 16th expansion team.
☀️ Phoenix Mercury and Suns owner Mat Ishbia announced the launch of Player 15 Group, a new parent company to oversee his WNBA, NBA, and G League franchises and operations of the Footprint Center.
🐅 LSU is receiving $1M in rights fees for upcoming Amazon docuseries The Money Game, which focuses on several high-profile LSU NIL athletes.
1️⃣ The WNBA is capitalizing on NBA All-Star Weekend’s Indianapolis location with an activation for fans to imagine themselves as Caitlin Clark the No. 1 overall pick in this year’s draft, which belongs to the Indianapolis Fever.
🏀 While the odds favor Steph Curry in the upcoming Steph vs. Sabrina three-point contest, bettors are backing Sabrina Ionescu. Betting on the record-holder — now that’s girl math.
🏐 The UK’s Netball Super League inked landmark domestic broadcast deals with Sky Sports and BBC.
🏈 Taylor Swift contributed an earned media value of $9.6M to the NFL this year, culminating in a 9% increase in Super Bowl viewership for women and a 24% boost among women aged 18 to 24. A crowning achievement.
Peep our squad’s MVPs (Most Valuable Picks):
🎧 What to listen to
The Business Case for Women’s Sports podcast, presented by Ally, by our friends at GOALS! Listen to the incredible story of how Zwift stepped up to create the Tour de France Femmes avec Zwift — AKA the dedicated women’s version of the iconic cycling race.
⚽ What to read
About AFCON and juju. Like many sports, there’s a lot of superstition intertwined with African soccer football, and it’s truly fascinating.
🏎️ Who’s looking good
Stake. Formerly known as Alfa Romeo, the F1 squad has a new look and new goals. Can the next season come faster, please?
Today's email was brought to you by Aryanna Prasad and Briana Ekanem. Fact checking by Bonnie Lee. Editing by Lindsay Jost. Operations by Elisha Gunaratnam and Lisa Minutillo. Ads by Lauren Tuiskula, Dee Lab, and Alexis Allison. Managing edits by Molly Potter and Ellen Hyslop.