Two Circles

Global sports sponsorship rights fees will fall from $46.1bn (€42.5bn) in 2019 to $28.9

Deal values Two Circles at $42m, extends deep tie between Bruin Sports Capital and WPP

Sponsorship growth accelerates, but agency warns of still-unrealized value, heavy reliance on traditional categories

Phil Stephan, director of global consulting at data-driven sports marketing agency Two Circles, tells Sports Sponsorship Insider that sports rights-holders hold digital marketing assets that can compete with targeted advertising campaigns on Facebook and Google.