Snapshot
November 06, 2014

State Farm signs on as official sponsor for Los Angeles Clippers

Participating in this sponsorship deal:

Sgdi ena 400x400 Arw64i5q 400x400

About Sponsor:

State Farm Insurance is a group of insurance and financial services companies in the United States. The company also has operations in Canada. The group's main business is State Farm Mutual Automobile Insurance Company, a mutual insurance firm that also owns the other State Farm companies. The corporate headquarters are in Bloomington, Illinois.

About Property:

The Los Angeles Clippers is a basketball team in Los Angeles, California. They play in the Pacific Division of the Western Conference of the National Basketball Association . The club's home games are played at Staples Center, an arena shared with the Los Angeles Lakers of the NBA, the Los Angeles Sparks of the Women's National Basketball Association , and the Los Angeles Kings of the National Hockey League . The team has only had six winning seasons in its entire history, and only two since moving to Los Angeles in 1984. They have never won a division title or gotten past the second round of the NBA playoffs.

Activation Locations
Read More
NBA Team Valuations #22 Los Angeles Clippers 01.26.11, 06:00 PM EST Team Value1$305 milLos Angeles Clippers are owned by Donald Sterling, who bought them in 1981 for $13 mil.Player-costs-to-win ratio875CoachVinny Del NegroMetro area population12,874,800Revenue per fan916Media PartnersTVPrime TicketRadioKFWB AM 980National TV ratings rank1028Valuation BreakdownSport$133 milMarket$99 milStadium$46 milBrand Management$27 mil The skinny The Clippers posted a mark of 29-53 during the 2009-10 campaign, missing the playoffs for the fourth consecutive year. Since Donald Sterling bought the team in 1981 the Clippers have made the playoffs just four times, the worst record in the NBA over that span. The Clippers have one of the lowest payrolls in the league year-in, year-out, but still manage to get less bank for the buck than most teams. During each of the past four seasons the Clippers had a wins-to-player-costs ratio below 100, meaning the franchise generated less victories per dollar spent than the average NBA team. But the Clippers are also one of the NBA's most profitable teams because they pay very little rent at the Staples Center, consistently draw over 16,000 fans per game and have a decent local television deal with FSN Prime Ticket, despite their horrific performance on the hardwood.
Read more at www.forbes.com »
Comparable Deals
Nearby Deals

View cost of comparable deals

Signup as Professional
Deal Analysis

View Deal Details

Signup as Professional
People
<2>View Deal Makers Signup as Professional