MWR's Kauffman Buys Stake In Ganassi Racing Bridgestone, NHL Renew Sponsor Deal SHR Talking To Multiple Sponsors For Danica NBA Signs Marriott For International Games Dolphins Rookie Parker Racking Up Endorsements Marketplace Roundup Brady's Marketability Likely To Stay Intact CBS To Live-Stream All Super Bowl Ads Adidas Signs Three-Year Deal With Pac-12 Marketplace Roundup
SBD/August 13, 2014/Marketing and Sponsorship
3M Signs Three-Year Deal As Primary Sponsor For Jeff Gordon's Sprint Cup Car
Published August 13, 2014
ECONOMIC ENGINE LIGHT ON? YAHOO SPORTS' Nick Bromberg noted AARP's Drive to End Hunger last week announced it was "extending its contract with the No. 24 team." While both the AARP and the 3M announcements "aren't certainly bad news, they're not completely rosy." AARP will sponsor "fewer races than it does currently and so will 3M." While NASCAR and teams have "trumpeted the number of sponsors entering the sport, it's a move made out of necessity." With companies making "smaller commitments in terms of space and number of races, more agreements are needed to fill space on hoods and quarterpanels" (SPORTS.YAHOO.com, 8/12).