The Collapse Of An Icon Has Unforeseen Knock On Effects

By - CTL
March 1, 2020
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Holden State Of Origin

By Dean Ritchie

One can never foresee the knock-on effect that the collapse of a national icon might have. It’s probably the biggest news in marketing in the past 5 years.

Even Rugby League is feeling it ramifications. The naming rights for one our countries biggest sport’s events, The State of Origin, is finally up for sale following the closure of Holden — but the rights will come at a significant cost.

The naming rights for one of Australia’s biggest sport’s events is finally for sale — but it will come at a massive cost.

NRL management has begun a global search to offer multinational corporations a once-in-a-decade chance to sponsor Australia’s showpiece series — State of Origin.

The closure of General Motors has meant Holden will no longer own naming rights for the three-game Origin series after this year.

This is a watershed moment, as it is the first time in eight years the Origin sponsorship rights are available.

The asking price to be Origin’s signage right holder would most likely be up to $20 million.

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State of Origin is Australia’s most watched sporting event and is the country’s biggest sporting brand.

With a hint that the iconic Australian car brand was likely to be axed after this year, the NRL started to look around for a replacement sponsor. Holden’s deal with State of Origin for 2020 will be honoured before the company shuts down.

“State of Origin is the biggest sporting brand in the country,” said NRL chief commercial officer Andrew Abdo.

“No matter your metric there is no greater exposure than our Origin series and this is a rare opportunity to begin a new partnership”.

He went on to say: “More than three million people watched the series opener last year, more than any other program in Australia.

“Now more than ever before Origin is a national brand. We took the series to Perth for the first-time last year and broke the attendance record and this year the series will open in Adelaide for the first time before going back to Melbourne next year.

“Multiple governments are talking to us about wanting to host an Origin match outside of Sydney in Melbourne beyond 2021 and that’s exciting for our game.

“It is rare for an opportunity like this to arise, so many of our partnerships are long term. This is an attractive proposition to automotive brands because there is a significant fleet vehicle component to our business.”

Holden’s deal with the NRL was due to expire after this year’s series. NRL management has known for some time the company would cease all sporting sponsorship deals beyond 2020.

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The game’s governing body has started preliminary talks with several major, international companies and interest has, as expected, been intense.

This year’s State of Origin series will be sponsored by a company that essentially doesn’t exist.

The Origin series attracted a combined live television audience of 8.9 million last year and provided three of the top four most watched programs in Australia. All three games were sold out.

Abdo said: “Holden have been outstanding partners for a very long time, and we thank them for their enduring relationship. We take our responsibility to deliver a return on investment very seriously and you can see by the longevity of this partnership that we delivered that to Holden,”

Watch this space for further updates.

In its Original form, published in The Daily Telegraph

 

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