Monday, February 3, 2014

"IMG's First Year with WVU Rights Exceeds Goals"

From Athletic Business


Review by Dustin Taylor in SRM 435 (section 1)

West Virginia University closed on a big marketing deal this past July. They put out a bid opportunity for marketing firms, and ended up closing a deal with IMG College on a 12 year $86.5 million agreement. This deal gave all of the universities’ athletic programs marketing right to IMG, and they paid WVU the money. West Virginia hopes for the deal are that exposure and sales for games will significantly increase due to the hard work of IMG. IMG has hopes that the money they make from marketing WVU’s athletics through 2025 will well cover the initial expense of $86.5 million that they paid for the rights.

IMG had some issues when first trying to close the deal with WVU for their marketing rights. The original agreement was worth $110 million, but some problems arose about who had rights to broadcast the games. Therefore, the ending deal ended up not getting done until late July. This posed a huge problem as it shortcut IMG’s marketing group time to work on their plans for the upcoming college football season. The group put together a hardworking team, and dove in head first regardless and ended up having some great results.

The IMG group decided to work with the long time voice of the Mountaineer’s radio broadcast, Tony Caridi, to keep him on the radio as part of their team. This was a huge step since he was so well known, and people liked him. The next gigantic step to improving, and bringing in money was the signing of sponsor UPS. IMG put together a few ads for the football team before the 2013 season to try to get some of the players, and mainly the school in general some major attention now that it has joined the BIG 12 conference. Even with the late start IMG was able to exceed their goals by 22-25% at the conclusion of the football season, also overcoming the team having a poor record. IMG has big plans in the future as they will continue to work, and having a full season to prepare should prove to be very beneficial. IMG also plans to utilize more web-based functions to enhance their marketing of WVU athletics in the coming years.

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Review by Zach Lantz in SRM 435 (section 1)


In 2013, International Management Group AKA “IMG” took over management rights of the University of West Virginia’s multimedia rights. IMG has agreed to pay West Virginia 86.5 million dollars over the next 12 years to manage these multimedia rights. In this article, “IMG’s First Year with WVU Rights Exceeds Goals,” it explains how well and why IMG has succeeded their first year of their contract, despite getting off to a late start. IMG had not started until July of 2013 and still by mid December they were projected to make 22-25% of what they had originally anticipated. After taking over, IMG extended the pre-game show from 1 hour to 3 and a-half hours and extended the post-game show from 30 minutes to 2 hours. IMG has made it known that one of their top priorities is to bring in national companies to sponsor the school. While they have already brought UPS aboard, they are in talks with other companies to sponsor WVU. This article does a great job explaining how IMG became a part of WVU, why they chose WVU and how IMG brought on the adversity of becoming the rights owner of WVU’s multimedia in July before the beginning of the football season.

Many universities today hurt for sponsors for their athletic programs. By choosing IMG, WVU has made a tremendous step in promoting their athletic program. WVU’s athletic director, Oliver Luck, explained that the university chose IMG because they needed a bigger multimedia and sponsorships after joining the Big 12. IMG represents more than 90 universities and also the NCAA. While paying WVU over 80 million to hold the rights to their multimedia, IMG’s contract calls for WVU to invest over 2 million dollars in improvements at sports facilities that can be used for marketing. This does not only help IMG market their school, it also helps bring better facilities to West Virginia University.

This article relates to SRM 435 in many different ways. One of the biggest ways it relates to SRM 435 is the marketing and the promotional tools West Virginia and IMG are using to market WVU. IMG will be marketing WVU by creating deals with national companies for sponsorships, they will be advertising through social media and they will also be creating a brand for the fans of West Virginia by creating an environment that keeps these fans coming back. By having taking over, IMG is using all of the tools that we learn during this course and more.

"Notre Dame Announces $400M Stadium Expansion"

From Athletic Business



Review by Nick Merullo in SRM 435 (section 1)

Recently, the University of Notre Dame has announced their intentions to renovate and expand the historic Notre Dame Stadium at a cost of 400 million dollars. With a plan that current University president Rev. John Jenkins has called, “the most ambitious building project in the 172-year history of Notre Dame,” the school will be adding three to four thousand seats of “premium” seating, as well as adding three buildings to the stadium which will be centered on academics.

The expansion will feature building on the east, west and south sides of the stadium. On the west side the University plans to build an nine story, interactive student center. The new student center will also be used for campus recreation. Because of this, the old recreation facility will be transformed to a practice facility focused solely on the school’s men and women’s basketball teams in a separate project. This will allow the current press box will be torn down and placed on the east side of the stadium where it will be given a more lucrative and modern look. The new east side building will also be nine stories high, and will become the new home to the University’s anthropology and psychology departments, as well as featuring a new digital media center. A final building will be added to the south side of the stadium which will be used for hospitality purposes.

Notre Dame has yet to identify where exactly the funding will come from and hopes to begin construction next year. Jenkins has also said that the project should take nearly three years to finish. To add some perspective as to just how large the expansion will be, the article stated that Baylor University’s entirely new football stadium will cost the school 250 million dollars.

Although the brand of Notre Dame Football has consistently sold itself over the years due to its historic prestige, the school’s Athletic Director Jack Swarbick is excited about the new project. "It's such a powerful symbol given what's going on in college athletics right now, that you can take the stadium and say we believe in the integration of athletics into academics, and here's the living proof of it.” The current Notre Dame Stadium had been used solely for football purposes. With the expansion, the University will be able to market the facility from a standpoint of not just football, but also student life and academics. In an age where so much of the game day experience is based on incentives other than just the game itself, this will make the new facility unique in creating value of the stadium for today’s generation.

At the same time, the project must also take into consideration the opinions of the many football purists within the Notre Dame fan base. Because of this, the decision to refrain from any building on the stadium’s north side is key. This will prevent any obstruction of the famed mural of “Touchdown Jesus” which has long been known as a symbol of the tradition of Fighting Irish football. Although no decision has been made as to whether the playing surface will transition from natural grass to synthetic field turf, the school does intend to avoid placing any commercial advertising on its new interactive video screen scoreboard. And by combining the wants and needs of both the football purists and today’s generation of sports fans, Notre Dame may have the pieces in place for a premiere football facility.

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Review by Luke Drayer in SRM 435 (section 1)


The University of Notre Dame’s 84 year-old stadium is getting a facelift; a $400 million dollar one. The plan to expand was released this past Wednesday by the University’s President, Rev. John Jenkins. According to Jenkins, this expansion is “the most ambitious building project in the 172-year history of Notre Dame.”

Adding between 3,000 to 4,000 premium seats plus three academic buildings on the east, west, and south wings, the stadium will now serve more than just student athletes and their fans. Two new nine story buildings will be attached to the east and west wings, the west side housing the new Student Center which includes a Rec Center and the east side becoming the new home of the anthropology and psychology departments as well as a digital media center. On the south side there will be a six-story hospitality area. "What's exciting about this project is it brings together athletics, faculty and academics, research and a student center, so it's an integrated model," Jenkins said. Notre Dame athletic director Jack Swarbrick is another proponent for this change. “It's such a powerful symbol given what's going on in college athletics right now, that you can take the stadium and say we believe in the integration of athletics into academics, and here's the living proof of it," Swarbrick said.

The integration of athletics and academics that Notre Dame is doing is really first of its kind in major college athletic programs and universities. However, by marketing it as such, it is drawing a much broader and larger crowd. Now, not just athletes and the fans will be using the stadium and its surrounding facilities, but everyday students as well. Instead of dumping millions of dollars into a facility that is used “six Saturdays a year” as stated in our video, it is now appealing to a much larger body. The integration of athletics and academics in one massive facility creates value beyond just the game day experience; it also provides a higher sense of school pride and less segregation between regular student and student-athletes.

While much of the expansion is targeting towards the younger generation of students, athletes, and fans, the University still understands its roots. Many of the Notre Dame ‘Purists’ don’t want to see their Touchdown Jesus, a long time good luck symbol for the Fighting Irish, taken down or covered up by the expansion. To see that all parties are pleased, the school has decided not to build anything on the north end of the field. Another concern of the older generation is that of having too much commercial advertising on the new scoreboard, which the school has agreed not to have.

The idea of marketing this new stadium as a multi-purpose facility that integrates both athletics and academics is brilliant and one that I think will start a trend amongst other major universities across the country. While upgrading the facility, not only are they improving the image of the football program, but also that of the university and their value on both the academic and athletic side. The school is promoting themselves as one that is well rounded and doing so with its football program at the forefront; the epitome of sports marketing.

Tuesday, January 28, 2014

Summer Employment: Summit Bechtel Reserve’s Christen High Adventure Base (W.V.)


The Summit Bechtel Reserve’s Christen High Adventure Base is the newest outdoor adventure education facility, in the heart of West Virginia’s New River Gorge. The High Adventure Base is home to an impressive collection of program facilities including 7 challenge courses, 37 miles of downhill and cross country mountain bike trails, 12 canopy tours, 60,000 sq ft of rock climbing structures , to list a few. You can visit http://www.summithighadventure.org to explore The Summit and the programs offered.

They are currently accepting online applications for seasonal staff positions at http://www.summitblog.org/programs/employment/ and looking for men and women 18 years of age or older to help run the 2014 high adventure program.

They will be hiring staff, instructor/guide and manager positions for:
Climbing
Canopy Tours
Zip-lines
Challenge courses
Shooting sports
Kayaking
Mountain biking
BMX
Skateboarding
Camp commissioners
Registration
Logistics
Support staff

This is a great opportunity for students to utilize and refine the skills, education and training they have received thus far and gain further training and ‘in the field experience’ providing exciting adventure education programs. Keep in mind that applicants do not need to be members of the BSA to apply, but must be willing to become members if they are offered a position.