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Japanese Tech Company Rakuten, NBA Announce Partnership For Reported $225M

Published in SportsBusiness Daily Global on 10 / 11 / 17

The NBA and Japanese e-commerce and internet company Rakuten announced a new partnership, making Rakuten the "official broadcasting distributor of NBA games in Japan," according to Kaz Nagatsuka of the JAPAN TIMES. The length of the contract and financial figures of the deal "were not disclosed...

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Tags: Marketing and Sponsorship, Japan, North America

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12/21/16
Tokyo Cost Review Talks To Be Held Wednesday

Tokyo 2020 Olympic organizers announced the next round of four-party cost-reviewing talks "will take place on Wednesday as scheduled," with IOC VP John Coates and Exec Dir Christophe Dubi taking part via video conference, according to KYODO. 2020 Games Organizing Committee President Yoshiro Mori, To ...

Tags: Olympics, Japan

12/19/16
Tokyo Organizers Estimate Total Costs

The Tokyo Olympic organizing committee reportedly "estimates the total cost of hosting the 2020 Games" at between 1.6T yen ($13.5B) and 1.8T yen ($15B), according to KYODO. The central, Tokyo metropolitan and other governments will be asked to put up between 1.11T yen ($9.4B) and 1.34T yen ($11.4B), ...

Tags: Olympics, Japan

12/16/16
Hangin' With ... Marin Minamiya

MARIN MINAMIYA is a 19-year-old Japanese college student and the first female global ambassador of Japanese clothing brand Uniqlo. She has made a name for herself by conquering the highest peaks on each of the seven continents, as well as a trip to the South Pole. Up next on her bucket list is the ...

Tags: People and Pop Culture, Japan

12/12/16
Tokyo Breaks Ground On New Stadium

Tokyo "held a groundbreaking ceremony on Sunday" for a $1.5B National Stadium to host the 2020 Olympic Games, according to the AP. Japan PM Shinzo Abe, Tokyo Governor Yuriko Koike and other dignitaries "launched the construction at the site of the demolished National Stadium, which was used during t ...

Tags: Olympics, Japan

12/07/16
IOC Unsure Of Refugee Team In Tokyo

The IOC said that the newly formed refugee team competing at this year's Olympics "was one of the highlights in Rio de Janeiro but it is not clear if it will compete at the 2020 Games in Tokyo," according to Karolos Grohmann of REUTERS. The IOC unveiled its first team of refugees in June "in an ...

Tags: Olympics, Japan

12/05/16
IOC Urging Tokyo To Set Budget

The IOC called on Tokyo to "show a sense of urgency" about finalizing its budget for the 2020 Summer Games, noting that "costs will continue to increase the longer it takes," according to Elaine Lies of REUTERS. Tokyo 2020 organizers "vowed to keep costs below" $20B. IOC VP John Coates, in Tokyo for ...

Tags: Olympics, Japan

12/02/16
Japan Stadium Construction Begins

The Japan Sports Council announced that the "main construction work for the new National Stadium for the 2020 Tokyo Olympics and Paralympics began Thursday, about 14 months later than originally planned," according to KYODO. The groundbreaking ceremony for the stadium will take place Dec. 11, " ...

Tags: Olympics, Japan

11/30/16
IOC Urging Tokyo To Keep Budget Down

The IOC has "urged Tokyo" to keep the costs for the 2020 Summer Games below $20B as the hosts "continue to grapple with ballooning expenses for the multi-sports event," according to Elaine Lies of REUTERS. Tokyo Governor Yuriko Koike "ordered a review of the budget." At an open meeting for a fo ...

Tags: Olympics, Japan

11/28/16
Tokyo 2020 Will Not Change Venues

Tokyo's government is "unlikely to make major changes to the plans for several 2020 Olympic Games venues, including one it had proposed moving elsewhere, but it will make efforts to pare costs," according to Elaine Lies of REUTERS. Tokyo Governor Yuriko Koike "ordered a review of ballooning Olympic ...

Tags: Olympics, Japan

11/23/16
Equestrian Agrees On Format Changes

World equestrian chiefs "have voted in favour of proposed format changes for the 2020 Olympic and Paralympic Games in Tokyo," according to the IRISH TIMES. Under the new proposals -- which now go forward to IOC exec board members for approval next year -- "team numbers in the Olympic equestrian disc ...

Tags: Olympics, Japan

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