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Sports sponsorship grows 19%, accounts for 11.5% of adex

Cricket still leads, but others are bridging the gap at a super-fast pace

Urvi Malvania  |  Mumbai 

brands, Virat Kohli, P V Sindhu, Kohli, Sindhu

Despite demonetisation, trouble at the Board for Control of India (BCCI), uncertainty over new franchises at the Indian Premier League (IPL) and teething problems with the new and leagues, sports sponsorships saw a massive 19 per cent bump in 2016 to touch Rs 6,400 crore. While (in all forms) was the top performer, kabaddi saw a big surge in 2016 by bringing in three times the amount it did in sponsorships in 2015. The fourth edition of Sporting Nation in the making (ESP Properties, GroupM and SportzPower) released on Thursday shows that while continues to bag the big bucks, its contribution to the total ad pie has dropped 3 per cent and its sponsorships grew by just 6 per cent in 2016 over 2015, from Rs 264 crore to Rs 279 crore. But non-endorsements grew 84 per cent over the same period, from Rs 42 crore to Rs 77 crore, indicating the growing popularity of other sports and emergence of ambassadors from outside the world of Indian captain is still king among endorsers though, while leading the non-pack are Olympians and signed a three-year deal with Baseline in September last year. The deal is reported to be worth up to Rs 50 crore after factoring in performance bonuses, making it the highest ever for any non-player. By 2016-end had signed six brands with a cumulative endorsement value of Rs 7.5 crore. However, non-stars still have a long way to go before they can close the gap with stars in terms of brands and endorsement fees. chart is part of the Rs 100-crore-brand league that had veterans M S Dhoni and Sachin Tendulkar on the honour list in the past. ended 2016 with 20 brands with a collective endorsement value of Rs 120 crore, which is more than what the other two pulled in together.

Dhoni, from 15 brands in 2015, dropped to 12 in 2016 and his endorsement value was Rs 65 crore. Tendulkar is down to 8 from 12 brands in 2015 and his deals are estimated at Rs 45 crore. Among cricketers to watch out for, the report says, is R Ashwin who could turn in a winning performance in 2017. chart International sportspersons continued to hold Indian brands in thrall. Realty firm, Kanakia Spaces signed French legend in 2016 and the year saw international athletes’ endorsements jump to Rs 120 crore from Rs 110 crore in 2015. However, his fee of Rs 10 crore a year, is much less than the Rs 60 crore a year, two-year deal Tata Motors signed with Lionel Messi in 2015. Sports sponsorships accounted for 11.5 per cent of the Indian (GroupM’s This Year, Next Year 2016). While media spends contributed to the largest chunk of the pie, on-ground and team sponsorships and franchise fees also saw robust growth. Vinit Karnik, business head, ESP Properties says, “The report insights are key to devising more refined viewer engagement.” It is also an indicator of a maturing sports market in the country.

First Published: Thu, March 16 2017. 22:28 IST