Miami Heat's Micky Arison: ticket sales down; sponsor sales better than anticipated
Knowing it was going to be a challenging year on the business side, the Miami Heat has made upgrades at AmericanAirlines Arena to increase sponsor and advertising opportunities. The team’s new MediaMesh – the giant LED marquee on the front of the arena – was unveiled in May. New high definition television screens and menu boards have been installed for this season.
In a meeting with reporters Tuesday, Heat owner Micky Arison said the innovations appear to have made a difference, although he can’t say for sure what’s helped drive sponsorship sales during the recession.
“On the cruise side, one of our brands recently did a consumer survey, trying to find out if people will buy vacations this year. The questions dealt with what will consumers cut back on next year, and sports was number one in the answer of cutting back. This is a national issue, probably a global issue,” said Arison, who is also chairman of Carnival Corp.
In the NBA, Arison said, “The league is dealing with significantly less ticket sales, but … sponsorship has held up better than I would have expected. We’re in a very tough market, because it’s very real estate and banking oriented. We’ve also had some sponsors like Stanford Financial, and others that have failed on us, so there’s no question this is going to be a tough year and a tough period, financially for the franchise. But I don’t think that’s unique to us. It’s a national and global problem.”
Stanford Financial had signage across the Heat’s VIP lobby entrance until earlier this year when R. Allen Stanford was charged with fraud. The signs were pulled from the lobby after the company missed a payment. Meanwhile, with law firm Rothstein Rosenfeldt Adler now in turmoil since Scott Rothstein’s alleged involvement in what federal authorities are calling a massive fraud scheme, RRA advertisements are no longer appearing in the Heat’s game program.
But the team’s sponsors sales, including signing Assist-Card to the team’s first-ever presenting sponsorship this season, have been healthier than he anticipated.
“We’re in good shape with sponsorships, surprisingly good shape, but really struggling with ticket sales,” Arison said.
As for why sponsor sales have increased, Arison pointed to the new inventory such as the MediaMesh and speculated that some companies may be excited about the Heat’s young team.
“Because it’s such a banking, real estate oriented community, I thought it would be really murder. And last spring it looked that way,” Arison said. “As the summer progressed, it came around. Where we’re struggling is premium seating and ticket sales, which is really hard right now. People can watch it at home and consumers are very, very price conscious. It’s a unique product, you can sit at home and get it for free. You can’t do that with a cruise.”






JetBlue Airways has been snapping up sponsorships with sports teams across the country in the past 18 months, including the Boston Red Sox, Los Angeles Dodgers and Angels, Buffalo Bills, Texas Longhorns and New York Jets.
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The 2009 Gators cereal, which hits stores across Florida today, features UF coach Urban Meyer holding up the 2008 National Championship trophy from his team’s victory in the BCS national championship game at Dolphin Stadium in January.
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The Marlins are giving
Outfielder Cody Ross got to smash one with a baseball bat during a promotional spot for the giveaway. He needed change for a soda.
The Heat unveiled its MiamiMediaMesh LED marquee Wednesday night with great fanfare. The 3,400-square foot stainless steel mesh screen covers a dozen window panels on AmericanAirlines Arena’s west façade – so it’s hard to miss.
Although the Heat isn’t saying how much the marquee cost, it does expect to cover its expenses from the advertising dollars. Already, American Airlines, Bacardi, the Miccosukee Resort & Gaming and Rothstein Rosenfeldt Adler are among several advertisers already signed up to place their messages on the marquee.
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Age-defying five-time Olympic swimmer Dara Torres is having a big week. Her book Age is Just a Number: Achieve Your Dreams At Any Stage In Your Life has just been published and today she debuts as “Dairy Torres” in a
Heat guard Dwyane Wade didn’t play Wednesday night against the Boston Celtics, because of a sore hip, but he’ll debut tonight in the NBA’s new playoff ads in the latest installment of the league’s “Where Amazing Happens” campaign.
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T-Mobile and the NBA are announcing today a multi-year extension to their partnership that began in 2005.
No question this one’s a stretch (pun intended), but how could I pass up an opportunity to connect pest control with the Olympics?
So Dan Marino
Talk about coincidence.
Joe Torre. Albert Pujols. Mariano Rivera. Manny Ramirez. Dan Uggla.
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“We're mindful of the fact that baseball just did it,” Stern said in a media conference call last week. “Our history has been we've tended to do things that have honored the local venue where we're playing with sort of modifications in uniforms, but we're mindful that in Europe sponsorship on uniforms is more common than it is here, and it's something we would consider but we're not planning.”
Luckily, New York Giants quarterback Eli Manning’s performance in Super Bowl XLII was clutch. Manning, a Gatorade endorser since 2005, is featured in an ad for the sports drink’s new “League of Clutch” campaign that promotes athletes who make the plays that win games, in spectacular fashion.
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Shaquille O’Neal. Dwyane Wade. Danica Patrick. Dale Earnhardt Jr. Carl Edwards. 

