The National Basketball Association (NBA) as of now allows clubs to sell international sponsorship rights from next season, according to the Sports Business Journal (SBJ).
An agreement was apparently reached between team owners at the recent board of governors meeting, approving a three year test of the International Marketing Program that could permanently end the league’s control of all international sponsorship deals.
NBA teams will reportedly now be able to sell global marketing rights to two current or new sponsors outside the US and Canada. This includes for use at retail locations and on sponsors’ own digital and social media platforms.
However, under the new plans sponsors can only use non-game content, such as behind the scenes features, according to the SBJ, with highlights prohibited from inclusion in the trial partnerships.
Though each team is limited to selling new rights to two sponsors, the amount of interest is expected to be high given the NBA’s global brand reach. Domestically, the policy limiting teams to a 75-mile marketing territory will remain in place, according to the report.
Photo credits @Pexels