Sunoco Debuts "Essence Of Racing" Campaign Executive Transactions Isiah Thomas Expected Backlash Over Hiring FanDuel Brings On Most Of Zynga Sports Team Georgia Approves Increased Athletic Budget Kentucky Adding Ribbon Boards At Rupp IndyCar Ponders How To Attract Fans Long Term Jeff Gordon Hired As Full-Time Analyst For Fox Danica's Sponsorship Status To Be Telling For NASCAR Classified Advertisements
Today, THE SPORTS BUSINESS DAILY profiles the '96 Olympic involvement of Coca-Cola, which has been involved with the Olympics since 1928. The company is sponsor of over 150 national Olympic teams, including the USOC, and keeps a year-round staff that concentrates on maximizing Olympic tie-ins. In '96, Coca- Cola will have the added advantage of seeing the Games in their hometown, Atlanta. COMPANY: Coca-Cola Co. STATUS: Top Worldwide Sponsor ($40M+) CATEGORY: All non-alcoholic beverages except water EXCLUSIVITY: This category includes the brands: Coke, Sprite, Fanta, Minute-Maid (both carbonated and fruit drinks), Hi-C as well as PowerAde and Aquarius sports drinks. IN-KIND Providing products to ACOG, IOC and various SERVICES:other Olympic committees. At the Games, Coca-Cola will provide product and vending services as well as product to Olympic participants. All the venues used for the Games will sell/serve Coca-Cola products. John Kaatz, Dir of the sport, entertainment and leisure division of Coopers & Lybrand's Dallas office, advised the Arlington, TX, city council of a possible windfall of $98M a year that could come from building a new arena for the Stars and Mavericks. Arlington officials have unveiled plans to build a new $140M arena for the teams near The Ballpark at Arlington, should the teams leave Dallas. Arlington Mayor Richard Greene says he will not communicate with either team about a new facility unless talks with Dallas break down (Christopher Ave, FORT WORTH STAR-TELEGRAM, 3/15). Two arena-related bills were introduced in the TX House Friday that would help fund a new arena for the Stars/Mavericks in Dallas (Sylvia Martinez, DALLAS MORNING NEWS, 3/11).