Jason
Miller, the senior VP of properties for Excel Sports Management, said
that the deal makes Foundation Building Materials the largest corporate
sponsor of the Los Angeles Angels.
- Excel Sports Management negotiated the deal on behalf of the Angels.
- The 2023 season is the first season that the MLB is allowing teams to sell space on their uniforms.
- It is estimated that only 10-15 of the 30 teams in the league will have sold jersey advertisements by opening day.
- The
NHL also allowed jersey ads for the first time this year, but many
teams have been unable to sell the ad space due to a tightening
advertising market.
- The LA Angels have not announced the value
of the deal, but it's estimated that deals will be between a few
million and $25M per year.