Article: The other World Cup players Big US corporations pony up millions to be official sponsors

You may not give a hoot about World Cup soccer, but the rest of the world does. And the Gillette Corp. knows it.

That's why they're spending approximately $20 million to be an official sponsor of the World Cup games.

Undeterred by the impression that Americans are greeting the World Cup with a yawn, ITT Sheraton, Coca-Cola, MasterCard and more than a dozen other World Cup sponsors all have similar notions. They are chipping in a record $298 million for a piece of the marketing rights, according to Jim Andrews, editorial director of the IEG Sponsorship Report, a newsletter that tracks sports sponsorship dollars.

That's more than the 1994 Winter Olympics, which took in $236 million in ...

Related newspaper, magazine, and journal articles:

 
 
Newsweek Harper's Magazine The Washington Post Chicago Tribune Crain's Chicago Business PRNewswire Pediatric News The Nation Advertising Age The Economist (US) A FREE trial gives you access to over 80 million articles! Access over 6,500 publications with a FREE trial!