There were lots of changes in the sports marketing world in 2008. So predictable, but many were one’s that no one saw coming. With the global economy in a tailspin, cash is now king. That means big changes are in-store for the world of sports marketing in 2009. So what is coming in the sports marketing world for 2009. Here are 7 bold predictions.

1. Tiger Woods signs with Mercedes (or BMW)
* He was dropped by Buick in 2008. His agent said Tiger wouldn’t have a new car sponsor. US automakers are in horrible shape, so look for one of these foreign car makers to make a run at Tiger. Mercedes stepped up and landed a spot in the Masters, so they are the favorite. But don’t rule out BMW and even Lexus.
2. Wrigley Field gets a new name
* Actually I don’t think they’ll change the name, just add a presenting sponsor (e.g.- Rose Bowl presented by Citi). Tribune Company needs the cash and a Wrigley Field naming rights deal should bring in $20M+ annually (even in a down economy). As to which company will pony up the cash, keep an eye on local Chicago corporations like McDonald’s. It’s possible that the Big Mac will replace the Chicago style hot dog as the official food of Wrigley Field.
3. AIG defaults on Manchester United sponsorship
* There are a number of sponsorship deals that could go belly up, but I’m predicting AIG to be one of them. AIG’s financial troubles brought them to the brink of bankruptcy before they were bailed out. Their deal with Man United is $20M per year. Some government auditor is going to force AIG’s hand on reigning in their spending, and the Man United deal gets cut (think Tiger Woods and Buick). Not to worry Manchester United fans, there will be plenty of global companies eager to put their corporate name on the United kits.
4. Nascar will eliminate races
* For years Nascar has been the darling of the US sports world, growing faster than all of the other major professional sports leagues. But the troubles in Detroit are going to take a big bite out of Nascar, forcing them to cancel a few races. This will actually turn out to be a good thing as the attrition will make the races that remain that much stronger, think of it as addition by subtraction for Nascar.
5. Reebok brand is eliminated
* Not eliminated, but rather folded into Adidas so that all Reebok shoes/apparel/deals will now be Adidas. Reebok’s sales were down in 2007, and soft 2008 sales will prompt Adidas to consolidate. Since Reebok is already a subsidiary of Adidas Group, the change will be to convert Reebok into Adidas. The move will eliminate jobs at Reebok and strengthen the Adidas brand which inherits deals with the NFL, NHL and MLB. The Adidas logo will appear on NFL jerseys, rather than Reebok. This type of brand changeover (consolidation) is not unheard of and already occurred when Adidas took over the NBA sponsorship from Reebok in 2006. This cost cutting, brand building move is another move in the global sneaker wars between Adidas and Nike.
6. Under Armour acquired by Nike
* Nike’s reaction to Adidas taking out Reebok will be to acquire upstart Under Armour. Under Armour is the new kid on the block in the sports apparel and shoes world, but UA has been growing fast and are preferred by a lot of kids today. Plus, Under Armour is nearing $1B in annual sales so they have become a major player in the market. Nike is flush with cash and looking to add to its roster of successful subsidiaries with already includes; Umbro, Converse, Hurley and Cole Haan. Buying Under Armour ensures that Nike will remain popular with younger generations. I don’t get the feeling that Under Armour wants to sell, but $5B to $10B offers are hard to turn down.
7. David Beckham goes back to Europe
* He came, we (barely) saw, he conquered (our wallets)…and now he leaves. I was excited when he came to the LA Galaxy, but early injuries dampened that enthusiasm. Since then it seems like Becks has spent more time socializing than playing soccer. Now I think he goes back to England to finish his career in the EPL. Overall, I think it was a positive for MLS that Beckham joined. My hope is that the MLS will continue to add these type of players to provide a little more global appeal to the league. Even aging stars on the tailend of their careers will bring more attention to the league.
Are the predictions bold? Absolutely. But the current market ensures there will big changes in 2009. So bookmark these predictions and we’ll comeback next year to see which came true.
What do you predict will occur in the sports marketing world in 2009?