Fenway Sports Management
| Company type | Private |
|---|---|
| Founded | 2004 |
| Headquarters | , |
Key people | Sam Kennedy, President[1] |
| Parent | Fenway Sports Group |
| Divisions | Boston Red Sox Liverpool F.C. LeBron James Roush Fenway Racing MLB Advanced Media NESN Boston College Athletics Deutsche Bank Championship |
| Subsidiaries | Salem Red Sox[2][3] |
| Footnotes / references [4][5] | |
Fenway Sports Management (FSM) is a company headquartered in Boston, Massachusetts established by Fenway Sports Group (FSG) in 2004. It styles itself as a "new kind of sports marketing agency," created by FSG to expand its footprint beyond its most famous holdings, the Boston Red Sox of Major League Baseball and Fenway Park. Fenway Sports Management specializes in sponsorship sales and brand management consulting, and serves as the global sports sponsorship sales arm of Fenway Sports Group.
During its first year, FSM entered into an exclusive sponsorship sales agreement with MLB Advanced Media and Boston College's major intercollegiate sports.[6]
Since its inception, FSM has continued to create sponsorship programs for some of the world’s most prestigious brands and as of 2014 counts the Red Sox, Liverpool F.C., LeBron James, Johnny Manziel, Boston College, Roush Fenway Racing, MLB.com, the PGA Tour's Deutsche Bank Championship, NESN, and the Salem Red Sox among its client base. FSM’s consulting clients include Dunkin’ Donuts, Gulf Oil, JetBlue, & Santander.
In addition, FSM purchased the Salem Avalanche, a minor league baseball franchise in the High Class A Carolina League, in December 2007. On September 19, 2008, FSM announced that the Salem franchise, eventually renamed the Salem Red Sox, would replace the Lancaster JetHawks as Boston's High A affiliate in 2009.
In October 2009, Sam Kennedy was promoted to succeed Mike Dee (who became chief executive officer of the Miami Dolphins in May 2009) as executive vice president and chief operating officer of the Red Sox, and president of Fenway Sports Management.[7]
In October 2009, FSG announced a new partnership with Fulham of the English Premiership, with shirt sponsorship to start in 2011.[8]
In April 2011, FSM became the sole marketer of the global rights of NBA superstar LeBron James, in a management partnership deal with James and his manager Maverick Carter. As part of the deal, James and Carter both became minority stake holders in FSG's Liverpool F.C..[9]
In January 2012, FSM negotiated a sponsorship agreement between Liverpool F.C. and Warrior Sports worth £25 million per season as of the 2012/13 season, overtaking the English club record of £23.3 million paid by Nike for supplying Manchester United Football Club and the previous deal from Adidas worth £13 million.
In January 2014, FSM became the marketer of the global rights of 2012 Heisman Trophy winner and Cleveland Browns quarterback Johnny Manziel, in a management partnership deal with LRMR Management.[10]
In February 2015, FSM became an investor in the Pawtucket Red Sox of the Triple-A International League, when a new ownership group led by Red Sox president/CEO Larry Lucchino (and including two limited partners in Fenway Sports Group) acquired the PawSox from the heirs of late owner Ben Mondor.[11]
References
- ^ "Sam Kennedy Bio". Fenwaysportsgroup.com. Retrieved 2010-06-13.
- ^ "Fenway Sports Management to buy Va. minor league baseball team". Boston Business Journal. December 10, 2007. Retrieved 2008-03-02.
- ^ "FENWAY SPORTS GROUP LEADS INVESTMENT GROUP THAT ACQUIRES MINOR LEAGUE BASEBALL'S SALEM AVALANCHE" (Press release). Salem Avalanche. December 12, 2007. Retrieved 2008-03-02.
- ^ John Helyar (October 18, 2007). "Red Sox go where other LCS teams can't -- to the revenue races". ESPN. Retrieved 2008-03-02.
- ^ Jimmy Golen (August 19, 2007). "Red Sox expand their reach in sporting world through Fenway Sports Management". USA Today. Associated Press. Retrieved 2008-03-02.
- ^ "Sponsorships at Boston College". BCEagles.com. Retrieved 2014-02-21.
- ^ "Red Sox announce front office promotions | redsox.com: Official Info". Boston.redsox.mlb.com. Retrieved 2010-06-13.
- ^ "/ UK - Fulham strikes marketing deal with Boston Red Sox group". Ft.com. 2009-10-19. Retrieved 2010-06-13.
- ^ "LeBron James in Deal With Fenway Sports". The Wall Street Journal. 2011-04-06. Retrieved 2011-04-06.
- ^ "Fenway Sports Management to represent "Johnny Football"". The Boston Globe. 2014-01-15. Retrieved 2014-01-31.
- ^ Pawtucket Red Sox official website