Clark Girl aesthetic
From The GIST Sports Biz (hi@thegistsports.com)
Hi there!
Another day, another broken PWHL record. On Saturday, 21.1K fans showed up to Montréal’s Bell Centre for the “Duel at the Top,” marking the largest crowd for a women’s hockey game in history.
- In (perhaps) related news, the NHL is seeing an eight-year ratings high and record attendance in the same year the PWHL launched and Team Canada took home gold at the IIHF Women’s World Championship. Coincidence?
WNBA
📈 Caitlin Fever runs high
The GIST: Caitlin Clark continues to dominate headlines as she heads into her first WNBA season. While we wait for Clark to bring her game to the Indiana Fever’s court, here’s the latest on how she’s changing the women’s basketball (business) game.
💸 Clark can earn up to $500K in her rookie season. “Caitlin has the ability to make up to a half of a million dollars just in WNBA wages this year, so they’re just looking at a base, which is collectively bargained,” WNBA commissioner Cathy Engelbert said Thursday, adding context to the $76.5K base salary that’s been widely presented as Clark’s total first-year compensation.
- Clark’s rookie base and annual salary is limited by the WNBA collective bargaining agreement (CBA), which runs through 2027 but could end sooner, especially if the WNBA can land a new media rights deal thanks to a ratings assist from Clark.
👜 She’s setting trends in the fashion world. Wearing Prada for the WNBA Draft and Louis Vuitton for a presser is virtually unheard of, according to Clark’s personal stylist Adri Zgirdea. “It typically takes five years before a major fashion brand will [...] dress any athlete,” Zgirdea said, but noted that Clark’s first “could lead to more players collaborating with major fashion brands.”
2️⃣2️⃣ This season, Dick’s Sporting Goods will sell Fever t-shirts with Clark’s name and number in all 724 stores. The company — which has been an official WNBA retail partner since 2021 — sold W merch in only 160 locations last year and plans to sell league products in a similar footprint this season, with Clark’s t-shirts being the one exception to the rule.
- Some locations will also sell Clark’s Indiana Fever jerseys, which are already sold out and are on back-order as Nike rushes to meet market demand. The Clark Girl aesthetic.
Women’s sports
🇨🇦 Oh, Canada
The GIST: Canadian Women & Sport released its latest data on Canadian fans today: “It’s Time: Unlocking the Power of Pro Women’s Sports Fans.” While the initial “It’s Time” report in 2023 mapped out the Canadian landscape for women’s sports development, this edition presents insight into the unique attributes of women’s sports fans in Canada.
📣 Sixty-seven percent of Canadians are fans of women’s sport, 40% of Canadians are avid fans, and 25% are more casual. While 11% follow women’s sports regularly, 30% only watch during special events. Canadians also see women’s sports as 2.1x more empowering and 1.6x more inspirational than men’s sports, something marketers could lean into for campaigns.
👋 Fans of women’s sports are a desirable audience for brands and investors — they are more diverse, educated, and affluent than the general Canadian population. Plus, younger fans are more engaged with women’s sports by every metric, which includes attending games, streaming online, buying merch, seeking content and following on social media.
💰 Unlocking the power of fans requires investment. Before last year's WNBA Canada Game, one in 10 Canadian sports fans considered themselves WNBA fans, but this number rose to one in five following the game. Excitement for the 2024 season also increased among all WNBA fans, doubling for those who attended the Toronto game in person. Guess you had to be there.
Zooming out: Canada clearly presents a welcoming women’s sports environment primed for fandom. The WNBA is contemplating a Toronto expansion and Canadian women’s pro soccer league, Project 8, is set to kick off in 2025, but there’s also room for marketers to tap into the Canadian market.
- Tangerine Bank and Canadian Tire Corporation are early adopters on the Canadian side, but there’s real opportunity for American companies to appeal to Canada’s 39M citizens — 40% of its women’s sports fans are more likely to purchase from a brand that supports women’s sports. Time to double-double up.
📺 Avant-garde Netflix strategy could limit its growth into sports
Netflix will no longer report subscriber totals quarterly, instead redirecting its focus to financial metrics as it moves toward becoming a “more mature company.” However, the change impacted its Wall Street value and conflicts with its sports ambitions — the sports media industry relies on clear audience numbers to measure success and court advertisers. So ahead of the curve it became a sphere.
💨 New track and field broadcasting deal could hurt the game’s growth, says Olympian
Last week, the Wanda Diamond League signed a deal to broadcast the league’s elite track and field events on FloSports in 2025, ending its previous agreement with Peacock. Two-time Olympic medalist Gabby Thomas recently criticized the move, saying that being on NBC allowed the sport to gain visibility that will now be impeded by FloSports’ $30 monthly paywall.
👟 Nike is cutting about 740 jobs at its Beaverton, Oregon, headquarters in its “second phase” of major layoffs.
📦 Tennessee-based FedEx inked an unprecedented corporate NIL deal with the University of Memphis to give its women’s and men’s athletic programs $5M annually for the next five years. Where now meets next.
🏅 For the first time, the home base for U.S. fans at the Olympic and Paralympic Games will be open to the public and is offering single-day tickets for sale.
👀 The joint Fox, Warner Bros. Discovery, and ESPN sports streamer took another hit in the form of even more scrutiny from lawmakers.
🏥 Elite performance tech brand Kitman Labs added a Bay FC sponsorship to its existing NWSL deals with Angel City FC and NJ/NY Gotham FC.
🏀 The WNBA rescheduled the 2024 WNBA Canada Game to May 4th to avoid conflict with the NHL Playoffs. Go with the flow.
Peep our squad’s MVPs (Most Valuable Picks):
🏀 What to say
We told you so. And you can say it with this shirt from Playa Society, featuring an on-point message about women’s basketball viewership.
🏌️ What to watch
Full Swing. It's the perfect show to binge if you're feeling the post-Masters blues — this season features the Ryder Cup. Happy watching!
🎾 Who’s killing it
Law Roach, the mastermind behind all Zendaya's iconic looks during the Challengers press tour. Get those tennis-core fits ready for the theater.
Today's email was brought to you by Aryanna Prasad and Briana Ekanem. Fact checking by Bonnie Lee. Editing by Lindsay Jost. Operations by Elisha Gunaratnam and Lisa Minutillo. Ads by Lauren Tuiskula, Dee Lab, and Alexis Allison. Managing edits by Molly Potter and Ellen Hyslop.