sponsorship deals

Paid promotional agreements

Sponsorship deals are agreements in which a company pays to associate its brand with an athlete, team, event, or celebrity.

The sponsor provides money or goods; the sponsored party provides visibility—wearing logos, appearing in advertisements, or endorsing products.

She signed a multimillion-dollar sponsorship deal with Nike.

Such arrangements are central to professional sports and entertainment economics.

Opposites
commercial arrangement type

sponsorship dealscharitable donations

Gifts to worthy causes

philanthropy · anonymous donations · pro bono work · volunteering · gift giving

compensation model

sponsorship dealsvolunteering

Giving service without pay

volunteer work · unpaid labor · pro bono work

organizational support structure

sponsorship dealsself-funding

Paying one's own way

bootstrapping · grassroots funding · self-reliance · financial independence · crowdfunding

Family

deal, sponsor, sponsorship

Familiarity
Top 200,000
Profile
Known to kids · Used worldwide · Timeless · Everyday, not technical · Rated G