Rapid Response: Caitlin Clark and the new WNBA, w/Commissioner Cathy Engelbert
May 7, 2024
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College basketball star Caitlin Clark and WNBA Commissioner Cathy Engelbert discuss the growth of women's sports, excitement surrounding new players, challenges in TV coverage, proactive strategies for audience expansion, empowering players through NIL deals, managing crises like Brittany Griner's, and the marketability of WNBA athletes to brands targeting female consumers.
WNBA capitalizing on rising women's sports momentum with strategic initiatives for growth.
Efforts to bridge pay gap and build sustainable economic model through investments in marketing and partnerships.
Deep dives
WNBA's Strategic Growth and Expansion Efforts
The WNBA Commissioner, Kathy Engelbert, discusses the league's increasing momentum and strategic initiatives aimed at capitalizing on the rise of women's basketball. With a focus on promoting household names, games of consequence, and rivalries, the league has seen a surge in viewership and fan engagement. By securing capital investments, expanding marketing efforts, and enhancing media coverage, the WNBA is positioning itself for a significant growth phase.
Addressing Pay Disparities and Economic Strategies
Kathy Engelbert addresses the disparity in pay between the WNBA and NBA, emphasizing the league's efforts to build a sustainable economic model. Through yearly business of basketball sessions with players and investing in marketing, expansion, and broadcast partnerships, the WNBA aims to enhance revenue streams and player endorsements. While acknowledging the challenges, Engelbert underscores the long-term vision of establishing the WNBA as a thriving sports and entertainment property.
Navigating Crises and Embracing Growth Opportunities
In facing crises like Brittany Griner's detainment and the impact of the pandemic, Kathy Engelbert draws on her experience to manage challenges and drive growth for the WNBA. Leveraging lessons from her corporate background, Engelbert navigates strategic decision-making, scenario planning, and agile responses to ensure the league's continuity and success. With a focus on embracing change, fostering player endorsements, and expanding global reach, the WNBA aims to secure its position as a leading women's professional sports league.
We’ve reached a radical inflection point in the growth of women’s sports, particularly the WNBA. As college stars like Caitlin Clark and Angel Reese enter the league, fans are clamoring for tickets and on social media, generating unprecedented excitement and business potential. WNBA Commissioner Cathy Engelbert joins Rapid Response host Bob Safian to share how she plans to capitalize on this newfound buzz, and how NIL deals have transformed the business of sports for players and owners alike. Plus, Engelbert peels back the curtain on how she led the league through the Brittney Griner crisis and the tumult of COVID.