Women’s World Cup could be worth $300 million in media rights

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 56 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 26%
  • Publisher: 97%

Law Law Headlines News

Law Law Latest News,Law Law Headlines

The 2023 women’s World Cup is the most recent women’s sports property set to cash in big on its next media rights deal.

The tournament could be worth more than $300 million, according to The Wall Street Journal — which would make it the most expensive women’s tournament in the world.The tournament could be worth more than $300 million, according to The Wall Street Journal — which would make it the most expensive women’s tournament in the world.

The revelation came after FIFA — inspired by the 1.12 billion viewers for the 2019 edition across all platforms — began looking into the value of the women’s World Cup as a separate property from its men’s counterpart.Similar Situation The NCAA Division I women’s basketball tournament has faced a similar conundrum to the women’s World Cup, as its current media rights deal packages it with 28 other NCAA sports.

A media rights consultant estimated that the tournament could be worth between $81 million and $112 million annually in 2025, when the next deal rolls around. The current deal averages $34 million a year for all sports combined. Since then, new NCAA President Charlie Baker previously told Front Office Sports the NCAA is conducting a market analysis, with the help of Endeavor, to determine the most lucrative way to sell the package.

SEC Commissioner Greg Sankey told FOS he believes there should be a thorough exploration of selling the women’s tournament on its own.For more on how sports impacts business and culture, subscribe to the Front Office Sports Today podcast.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in LAW

Law Law Latest News, Law Law Headlines