Riled up
From The GIST Sports Biz (hi@thegistsports.com)
Missed you!
For the first time ever, two schools reached both the women’s and men’s Final Four. It’s happened to UConn a record five times, but it’s new for Cinderella squad NC State. The Wolfpack teams are cheering each other on, with men’s guard DJ Horne saying that “seeing the girls have success definitely motivates us.” Hungry like the wolf.
Women’s March Madness
💸 Net profit
The GIST: Instead of letting women’s March Madness’ media rights hit the market, ESPN renewed its NCAA deal in January — and it’s already paying dividends. While many stars have been knocked out of this year’s tournament, Iowa’s presence in the Final Four will likely have networks and advertisers rooting for Clark to win it all. Net-cutting equals net gains.
The tournament: Clark’s team has reeled in viewers throughout the tournament, with Iowa responsible for three of the tourney’s most-watched games so far, starting with 3.2M in the first round and 4.9M viewers for the second. When Iowa defeated LSU in the Elite Eight on Monday, 12.3M viewers tuned in — the most for any men’s or women’s college basketball game in NCAA history.
- This level of hype is why Disney sold out its ad inventory before the first tip-off, and why 2024 ad revenue has doubled from last year. Recent data also indicates games featuring Clark are 7% more effective for advertisers than those without her.
The precedent: It’s well-documented that in sports, stars sell. In women’s sports, this has often been observed in tennis, with American stars like Serena Williams driving national viewership. Williams’ final pro tennis match peaked at 6.9M viewers, the most-watched ESPN tennis telecast in history — a fitting finale for the woman who taught brands to spend more on women athletes.
- And Coco Gauff seems poised to be the next great American tennis star after drawing 3.4M viewers in the US Open final last year (the highest viewership ever for a women’s major) and selling a record 28.1K tickets, with prices soaring 20% after Gauff made it. She also drove brand value for New Balance, which partially credited her for $6.5B in annual sales in 2023.
Zooming out: The Caitlin Clark economy — which has infused up to $82.5M into Iowa’s — continues to profoundly impact the postseason. Although official numbers aren’t out yet, record crowds and viewership will likely be followed by record revenue, and by touting the tourney’s most recognizable athlete, the sport continues to recruit new converts. Everybody watches women’s sports.
Women’s sports
📈 Stronger than a ’90s trend
The GIST: March was a wild month for women’s sports, complete with a March Madness tournament that’s transforming women’s college basketball and an NWSL season kickoff garnering more media coverage than ever. To celebrate a Women’s History Month full of sporting wins, here are the latest Google trends in women’s sports.
🎟️ Indiana Fever tickets were the top trending topic related to the WNBA Draft, while Caitlin Clark’s official Draft declaration in February made "who has the first pick in WNBA Draft" a breakout search in the U.S.
🔎 The Iowa Hawkeyes women’s basketball team was the top-searched March Madness squad in the U.S. and the most-searched team in several states beyond Iowa, including Alaska, Hawaii, Wyoming, Maine, North Dakota, and South Dakota. Clark also topped the list of players searched with the term “March Madness,” followed by Angel Reese and JuJu Watkins.
🏀 Iowa had three of the top five most-searched women’s March Madness matchups, but the top game was LSU—UCLA. The highly-anticipated matchup drew 3.8M viewers and was at the center of a Los Angeles Times divisive (and widely deemed sexist) op-ed. Milk and cookies…really?
📺 U.S. searches asking “where to watch NWSL” reached an all-time high, likely thanks to the league’s new media rights deal. The top NWSL clubs searched in relation were the KC Current, Seattle Reign FC, the Washington Spirit, Bay FC, and Angel City FC.
✨ Expansion teams Bay FC and Utah Royals FC saw high search interest surrounding their NWSL debuts. Both squads saw an increase in interest through multiple breakout searches, including “Bay FC logo,” “NWSL expansion teams,” and “Utah Royals home opener.”
🏟️ There’s profound, widespread interest in the KC Current, which opened the doors to its innovative CPKC Stadium this season. Indexed search interest in the team maxed out on Google Trends, and while searches for other NWSL clubs primarily remained regional, the Current saw search interest in nearly every U.S. state. Making waves.
Together With SponsorPulse
💪 The power of women’s sports
Who run the world? You already know the answer, but do you know why investing in female athletes is so lucrative? Fortunately, SponsorPulse has some answers.
- Their free (!!!) Benchmark Report provides insights on sponsorship impact, helping marketers recognize the true power of women’s sports using data-driven, accomplishable benchmarks for your business to consider.
Beyond the Benchmark Report, SponsorPulse offers an insights platform for an even deeper-dive into the wild world of women’s sports. The platform allows you to track growth, identify fans, and even pinpoint a top prospective event, like the upcoming Women’s Softball World Cup. Saving time is saving money.
📺 The WNBA debuted a targeted March Madness ad campaign, tapping Funny or Die’s Jake Szymanski as its director. Riled up.
🎾 Iga Świątek ranks behind only the ATP’s Jannik Sinner for the highest earnings across tennis in 2024, surpassing Australian Open winner Aryna Sabalenka.
⚽ Bay FC announced sponsorship deals with Visa, Meriwest Credit Union, Lyft, and club majority owner Sixth Street, which is now its founding kit sponsor through a record $500K jersey deal.
💼 Online student job portal Handshake reported women made up almost half of all 2023 applicants to jobs and internships with professional sports employers on the platform, compared to about a third in 2021. Calling all sports industry girlies.
👟 LSU women’s basketball sophomore Flau’jae Johnson signed an NIL deal to become a brand ambassador for streetwear and sneaker company The Athlete’s Foot.
💰 Sports consulting firm Elevate acquired Fenway Sports Management’s consulting group with plans to add its clients and employees as Elevate opens a new Boston-based office.
👀 Sports Illustrated’s owner Authentic Brands Group filed a lawsuit against former publisher The Arena Group, demanding nearly $50M for a missed licensing payment and a termination fee. Terms and conditions…
Together With SponsorPulse
Need some numbers-backed insights to convince your manager to invest in women’s sports? Look no further than SponsorPulse and their free Benchmark report that provides insights on how to leverage the brand power of female athletes and women’s sports.
And you can take a step further by leveraging SponsorPulse’s insights platform for advanced analytics and real-time data to gauge audience engagement, brand visibility and overall sponsorship effectiveness.
- Go on, use SponsorPulse as your secret weapon to impress your boss and elevate your decision-making today.
Here’s what has GIST HQ buzzing:
📗 What to download
SponsorPulse’s Benchmark Report, the ultimate free guide to measuring sponsorship impact that leverages data to prove that women’s sports are a can’t-miss investment moment.*
🌞 How to brighten your day
Use Ole Henriksen. From their iconic Banana Bright Eye Crème to their award-winning Truth Serum, their skincare products have us hooked this spring.
📚 What to read
Fangirl Down by Tessa Bailey. Grab your golf clubs and find love on the links in this month’s pick for The GIST Book Club. Read with us on Fable today.
*P.S. This is a sponsored post. Support companies that help us…and you, too!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.