Comcast builds Xfinity promotion Wasserman gets $100M investment Rugby events sign Penn Mutual to deals Shapiro to drive IMG’s content creation DraftKings signs with Breeders’ Cup Pepsi skips TV kickoff for digital With new funds, FanDuel looks at NBA The Lefton Report Startup water brand uses NFL star power Busch, Boykin shake up business model
Upcoming Conferences and Events
SBJ/February 28 - March 6, 2011/Marketing and Sponsorship
Tecate turns out lights on 'Friday Night Fights' deal
Published February 28, 2011, Page 7
Tecate did not renew with the series this year, choosing instead to sponsor more cards on Spanish-language channels Telefutura and Fox Deportes. Tecate began sponsoring “Friday Night Fights” in 2009, when Telefutura canceled its once popular “Solo Boxeo” series. When Golden Boy Promotions revived “Solo Boxeo” last May, it landed Tecate as the presenting sponsor. Top Rank Promotions also landed Tecate as sponsor of a show it launched last year on Fox Deportes and Fox Sports Net.
“We had to make a very, very hard choice on how we were going to source the funds for a full year of ‘Solo Boxeo,’” said Carlos Boughton, brand director for Tecate. “We ended up deciding to exit ‘Friday Night Fights.’ Nothing to do with performance. Nothing to do with budget reductions. It was mostly a fund allocation decision.”
Along with delivering more programming than ESPN, the two promoters also have worked with Tecate to put the fights in locales and venues that allow the brewer to build local retail promotions and entertain customers at the events, Boughton said.