New Report By Relo Metrics Reveals How Brands Are Maximising Media Value

Relo Metrics just dropped the 2024 US Sports Scoreboard: Future of Sponsorship Report, offering a deep dive into the fast-growing world of sports sponsorships.

The report reveals a staggering $11 billion in Sponsor Media Value (SMV) generated throughout 2024 across major leagues like the NFL, NBA, WNBA, MLB, NHL, and MLS. It highlights key trends, brand performance, and changing media habits shaping the future of sports sponsorships. It also shows how brands use AI-driven data, social media engagement, and real-time analytics to get the most out of their sponsorships.

Key Performance Takeaways from the 2024 US Sports Scoreboard Report:
• Sponsorship Growth Accelerates: Sports sponsorships jumped 15% year-over-year, showing how brands use data to boost their visibility across TV, social media, and digital platforms.
• Top Performing Brands: Out of 5,000 brands analysed, 978 pulled in over $1 million in sponsorship value. Financial services, automotive, and insurance companies led the rankings.
• Social Media's Growing Impact: Broadcast still leads the way, but social media sponsorships have a big impact, with 936 billion impressions and 24 billion engagements on branded content.

Breaking Down the Biggest Sports Sponsorship Wins of 2024:
• MLB Leads Brand Exposure: With 2,430 games in a season, Major League Baseball gave brands more exposure than any other league (twice as much as the next closest one.) The Home Plate Signage alone accounted for 5.3 million broadcast impressions.
• Rising Leagues: The WNBA and MLS showed significant growth in media value. WNBA-branded content delivered 34% more value per post than static images. Meanwhile, MLS is thriving on social media, thanks in large to global star Lionel Messi, driving 54% of its total media value from digital engagement.
• NFL's Social Media Edge: The NFL’s Sunday matchups accounted for over 39% of the league's total social media value, with engagement peaking on key holidays like Thanksgiving and Christmas.
• NBA's Global Impact on Social Media: The NBA generated $4.2 million in daily sponsorship media value, making it the top league for social media-driven exposure.
• Top Sponsorship Placements: Uniform branding, digitally enhanced dasherboards (DEDs) in the NHL, and Nike's league-wide apparel partnerships delivered substantial exposure across platforms.
• Athletes Driving Big Media Moments: Star players are making waves in sponsorship value. Shohei Ohtani's historic 50-50 season in MLB and Messi’s viral social posts each sparked multi-million-dollar surges in just one day.

The 2024 US Sports Scoreboard Report also explores the shift from traditional sponsorships to data-driven AI-powered, real-time analytics that helps brands measure and optimise their ROI. Brands and leagues leverage data insights, personalised content, and short-form video strategies to better engage with fans across TV, digital, and social media.

www.relometrics.com