Menu
In-Depth

Sweet tooth: NHL deal pays off for U-Vend

The NHL signed a five-year agreement with California-based consumer products and technology company U-Vend Inc. to create branded desserts, complete with puck-shaped ice cream bars and mini hockey stick-shaped wooden handles. The deal calls for a total U-Vend commitment of at least $5.8 million through June 2020 in sponsorship fees, royalties, media commitments and product-in-kind.

Who did the deal? Raymond Meyers, U-Vend chief executive; Paul Neelin, U-Vend founder and chief operating officer; Mark Chapman, president of U-Vend America Inc.; and Barry Monaghan, NHL vice president of retail sales and marketing.

How did the discussions get started? The NHL deal arrived very shortly after the introduction of U-Vend’s proprietary Pucks Premium ice cream featuring the puck-shaped bars and hockey-stick handles.

How did the activation work? The ice cream is sold through speciality self-serve vending machines and electronic kiosks that include digital content and branding, including a red light that illuminates when product is purchased. The program has since been expanded to a similar deal with MLB through 2018 featuring baseball-shaped ice cream bars. The NHL deal covers both Canada and the U.S.

Why was it unique? Many pro teams have had some sort of ice cream licensing deal to create a themed flavor, particularly Pennsylvania-based Turkey Hill, which has worked with the New York Yankees, Philadelphia Phillies, and Pittsburgh Steelers, among others. The U-Vend deal carries the concept a step further by dispensing the product in themed environments with content as opposed to a standard freezer case. Hockey Hall of Famer Marcel Dionne sits on the U-Vend board of advisers.

Why do we like it? The early-stage firm, with less than $1 million in 2015 revenue, has made a splash by landing big league partnerships in a largely unexploited category. The NHL and MLB relationships represent a fundamental part of U-Vend’s overall corporate growth strategy. U-Vend totals sales in its most recent quarter were up by more than half and profits were up about 140 percent, with company officials crediting in part the NHL relationship and a successful entry into Las Vegas, also an expansion market for the NHL.

— Eric Fisher

TNT’s Stan Van Gundy, ESPN’s Tim Reed, NBA Playoffs and NFL Draft

On this week’s pod, SBJ’s Austin Karp has two Big Get interviews. The first is with TNT’s Stan Van Gundy as he breaks down the NBA Playoffs from the booth. Later in the show, we hear from ESPN’s VP of Programming and Acquisitions Tim Reed as the NFL Draft gets set to kick off on Thursday night in Motown. SBJ’s Tom Friend also joins the show to share his insights into NBA viewership trends.

SBJ Morning Buzzcast: April 23, 2024

Apple's soccer play continues? The Long's game; LPGA aims to leverage the media spotlight

SBJ I Factor: Molly Mazzolini

SBJ I Factor features an interview with Molly Mazzolini. Elevate's Senior Operating Advisor – Design + Strategic Alliances chats with SBJ’s Ross Nethery about the power of taking chances. Mazzolini is a member of the SBJ Game Changers Class of 2016. She shares stories of her career including co-founding sports design consultancy Infinite Scale career journey and how a chance encounter while working at a stationery store launched her career in the sports industry. SBJ I Factor is a monthly podcast offering interviews with sports executives who have been recipients of one of the magazine’s awards.

Shareable URL copied to clipboard!

https://www.sportsbusinessjournal.com/Journal/Issues/2017/02/06/In-Depth/UVend-NHL.aspx

Sorry, something went wrong with the copy but here is the link for you.

https://www.sportsbusinessjournal.com/Journal/Issues/2017/02/06/In-Depth/UVend-NHL.aspx

CLOSE