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On February 29, the Tennessee Titans broke ground on the new $2.1 billion Nissan Stadium, an event that brought together notable figures including Nashville's Mayor Freddie O’Connell, Titans owner Amy Adams Strunk, and country music stars Garth Brooks and Trisha Yearwood. Set for completion in 2027, this ambitious project aims to redefine the Nashville skyline and the concept of a sports stadium, incorporating 1.8 million square feet of space, 60,000 seats with enhanced sightlines, and a community space spanning 12,000 square feet, the first of its kind in an NFL stadium. A standout feature of the new stadium is its plan to host the country's largest rooftop bar, a sprawling 70,000-square-foot venue that promises to offer unparalleled views of the city and a unique experience for visitors. Furthermore, the construction phase of the stadium is expected to generate over 19,000 jobs and have a direct spending impact of $1.9 billion, showcasing the project's significant contribution to local economic growth. Beyond its economic impact, the stadium is part of a larger vision for the East Bank development, which aims to transform the area into a vibrant neighborhood, enhancing connectivity and accessibility while fostering community engagement through various initiatives, including collaborations with local schools and support for small and diverse businesses. Read more: https://lnkd.in/em2FSTD7

Top Posts of 2023 #2 - (5/10/23) Many have asked, "How Frisco won the landing spot for the PGA of America Headquarters?" D Magazine featured a behind-the-scenes story of how North Texas is evolving into one of the biggest sports and entertainment districts in the nation and the three gentlemen involved in helping to do so. Head to the link below to read the full article. https://lnkd.in/e-WGnSfx

Winston-Salem to Get New Sports and Entertainment District Read the full article below..

In today's fast-paced and innovative business landscape, #steameducation isn't just an academic choice—it's a launchpad for entrepreneurial success. Look at what Erika Ayers Badan was able to accomplish as #CEO of Barstool Sports By integrating #STEAM principles, aspiring entrepreneurs gain a unique edge, blending creativity with analytical skills to innovate and problem-solve. Why STEAM for Entrepreneurs? Innovative Problem-Solving: Tackle complex business challenges with a scientific and creative mindset. Technology Literacy: Stay ahead in a digital world, leveraging technology for efficient and impactful business solutions. Creative Thinking: The 'A' in STEAM encourages out-of-the-box thinking, essential for branding, marketing, and product development. Analytical Skills: Strong foundation in mathematics and analytics to make data-driven decisions. Interdisciplinary Approach: Learn to integrate various fields, fostering versatility and adaptability in your business model. Investing in STEAM education is investing in your entrepreneurial journey. Transform ideas into impactful businesses and lead with innovation. Let's redefine the future of entrepreneurship with STEAM! 🌐 #STEAMEducation #Entrepreneurship #Innovation #BusinessGrowth Jonathan Holub After-School All-Stars Jean-Pierre La Cour Adam Ned Anton Backman After-School All-Stars New Jersey NYC Department of Education NYC Department of Social Services https://lnkd.in/eGeRGEK7

It's interesting to look at the business of pro sports teams... The Atlanta Braves are publicly traded (𝘨𝘪𝘷𝘪𝘯𝘨 𝘶𝘴 𝘢 𝘨𝘰𝘰𝘥 𝘷𝘪𝘦𝘸): 𝗦𝘁𝗮𝗱𝗶𝘂𝗺-𝘀𝗽𝗲𝗰𝗶𝗳𝗶𝗰 𝗿𝗲𝘃𝗲𝗻𝘂𝗲 𝘀𝘁𝗿𝗲𝗮𝗺𝘀 𝗶𝗻𝗰𝗹𝘂𝗱𝗲: 🏟 • tickets • advertising • concessions • merchandising • parking/passes The "sports team" itself is the tip of the spear for monetization. Expanding product channels not only 𝘣𝘰𝘰𝘴𝘵𝘴 𝘵𝘰𝘱-𝘭𝘪𝘯𝘦 𝘳𝘦𝘷𝘦𝘯𝘶𝘦 but also deepens fan engagement. 𝗢𝘁𝗵𝗲𝗿 𝗿𝗲𝘃𝗲𝗻𝘂𝗲 𝘀𝘁𝗿𝗲𝗮𝗺𝘀 𝗶𝗻𝗰𝗹𝘂𝗱𝗲: 💰 • sponsorships • special events • online merchandise • national media rights • in-person experiences • local media rights (radio/tv) • entertainment (documentaries) • real estate development projects • licensing (sports betting, products, etc) The Atlanta Braves parent company (NASDAQ: BATRA) is valued at a market capitalization of $2.56 billion and an enterprise value of $3.01 billion. Warren Buffett is a shareholder of the Braves. 𝗜 𝘄𝗼𝘂𝗹𝗱 𝗲𝘅𝗽𝗲𝗰𝘁 𝘁𝗼 𝘀𝗲𝗲 𝗺𝗼𝗿𝗲 𝘁𝗲𝗮𝗺𝘀 𝗴𝗼 𝗽𝘂𝗯𝗹𝗶𝗰 𝗼𝘃𝗲𝗿 𝘁𝗵𝗲 𝗻𝗲𝘅𝘁 𝘁𝗲𝗻 𝘆𝗲𝗮𝗿𝘀.

Two epic reasons to be in New York this May: 1. See us. 2. Go home with your next big idea on how to achieve business growth through the convergence of sports and entertainment. Courtesy of our trailblazers taking to the stage at #4se, including: Marco Liceaga, Christine Lubrano, Richard Yaffa, Sarah Rosen, Kenny Annan-Jonathan and Steve Mayer. You've got exactly 2 months to make up your mind, so here's all the key info you need to know in the meantime: https://bit.ly/3TpYRCv

It has been quite the first week in my new role in Destination Ann Arbor with the introduction of this new initiative, the Rose Bowl victory, and then the National Championship. #destinationmarketing #tourism #marketing #tourismindustry #tourismmarketing

Before adopting SportsKey, Chicago Fire managed bookings manually through emails and phone calls–missing out on revenue opportunities and resulting in relentless administrative work. Find out how they transformed the management of their sports facilities and ended up increasing their revenue by 25% 👇 https://lnkd.in/e9vYq2jS #MLSmanagement #MLSfacilities #soccerfacilities #soccermanagement #facilitymanagement

Hillsboro Hops recently announced the groundbreaking of their new $120 million ballpark, set to be ready by the 2025 season. The 6,000-seat venue, located next to Ron Tonkin Field, is expected to generate significant economic benefits as highlighted by a 2023 ECONorthwest study. The construction of the new stadium is projected to create close to 1,000 full-time jobs, with an estimated $192 million in local economic output. Once operational, the venue is anticipated to create nearly 400 full-time jobs, $20 million in annual wages, and contribute $3 million in annual state and local taxes. Funded by a combination of investments, including the Hops organization's $82 million contribution, the city of Hillsboro, Washington County, Explore Tualatin Valley, and a $15 million allocation approved by Oregon legislators, the new ballpark will be a pivotal addition to the community. Designed by Populous and SRG Partnership and built by Mortenson, the stadium will sit within the Gordon Farber Recreation Complex, ensuring the replacement of recreational sports fields lost during construction. With full operational control, the Hops will oversee all aspects of the venue, from expenses to maintenance, maintaining their commitment to the community and the game. Exciting times ahead for the Hillsboro Hops and their fans as they embark on this transformative journey towards a state-of-the-art ballpark experience. #HillsboroHops #NewBallpark #CommunityInvestment #EconomicGrowth

Focusing on long-term commercial gains 💪 Sponsorship case study: English football club Hampton & Richmond FC have made a unique commitment to partner with Movember... for $0. The partnership includes: 1) Front of jersey placement 2) Support with fundraising initiatives 3) Delivering initiatives to help young people and parents talk about mental health through football environments Why would they give up their prime real-estate (front of jersey) to Movember for free, instead of a high-paying commercial sponsor? Principal owner and ex-strategy director of Liverpool FC, Stefano Petruzzo FRGS is focused on: 1) Values & culture: Building a values-orientated club with a strong culture 2) Differentiation: A brand that is unique and positively perceived 3) Commercial: A brand that is appealing to partner with (based on the above) Sponsorships always involves a value exchange... Although Movember aren't providing a direct financial benefit, the association delivers goodwill and a transfer in brand equity, which improves Hampton & Richmond FC's appeal and likelihood of obtaining future sponsorships and achieving broader commercial outcomes. Hampton & Richmond FC aren't alone - there are several examples of clubs in Australia and across the globe who've chosen to sacrifice short term $ (e.g. from wagerers) to ensure brand value alignment. #sportsmarketing #sportsbusiness p.s. Great read Andy Marston 👍