What are some examples of sponsorship in sports?
There are many examples of sponsorship in sports, such as Nike sponsoring the NBA, or Coca-Cola sponsoring the FIFA World Cup.
Can you give me more details about Nike's sponsorship?
Nike has been the official apparel provider for the NBA since 2017, creating team jerseys and merchandise.
What benefits do companies get from sponsoring sports?
Companies gain brand visibility, customer loyalty, and the opportunity to connect with fans through sponsorship.
Are there any risks involved in sports sponsorship?
Yes, risks include potential negative publicity if the sponsored team or athlete faces scandals or poor performance.
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