Zenni Optical Partnering With 'Iconic' Chicago Bulls
*By Michael Teich*
The legendary Michael Jordan and his six NBA championship rings turned the Chicago Bulls into an iconic brand in the 1990s, but dynamic content paired with exciting new talent will power the brand in a post-Jordan era, said the team's VP of business strategy and analytics Matt Kobe.
"Jordan and the 90s Bulls did a lot for our brand globally," Kobe said Friday in an interview on Cheddar. But "two years ago we won social media team of the year with the SportsBusiness Journal Awards. We won that not because of our content from the court, it was the content with our sponsors."
Warby Parker rival Zenni Optical is betting that an affiliation with the Chicago Bulls brand will help the eyewear company achieve international growth.
While Chicago is a vital demographic for Zenni, the opportunity transcends state lines, Kobe said.
"Chicago is obviously the #3 media market in the country, we have over 1 million customers in that market already," Kobe said. "But the Bulls brand is iconic and global. And it's an opportunity to introduce the Zenni offering not only domestically, but internationally."
The Chicago Bulls are the 26th NBA team to ink a deal with a sponsor for jersey patch space. The league is in its second season of a three-year jersey patch pilot program. The only remaining teams without a deal are the Indiana Pacers, the Oklahoma City Thunder, and the Washington Wizards.
Kobe declined to comment on the financial terms of the deal.
With a $2.6 billion valuation, according to Forbes, the Chicago Bulls are the fourth most valuable franchise in the NBA. The team trails only the New York Knicks, the Los Angeles Lakers, and the Golden State Warriors.
For full interview [click here](https://cheddar.com/videos/chicago-bulls-ink-jersey-patch-deal-with-zenni-optical).
In late January, NFT company Candy Digital cashed in when a Shohei Ohtani Icon NFT sold for $100,000, breaking the six-figure sale price mark for MLB NFTs for the first time. Scott Lawin, CEO of Candy Digital, joins Cheddar News' Closing Bell, where he explains why his company is very excited about the future of digital collectibles and how the Ohtani NFT sale shows consumer confidence in the marketplace.
The Bengals have been to the Super Bowl twice, but never managed to take the title. Cincinnati Mayor Aftab Pureval joins Cheddar News to discuss what the win could mean for the city.
The Winter Olympics are in full swing and athletes from around the globe are showcasing their elite skills at a wide variety of events. There's a lot of excitement but also a lot of pressure for these athletes. Former NFL defensive tackle and Super Bowl champion Dominique Easley joined Cheddar News to weigh in.
American freestyle skier Jaelin Kauf joins Cheddar News to talk about taking home the silver medal in the Women's Moguls Final at the 2022 Winter Olympics.
Cheddar's Big Game Special gives you all the info you need heading into Sunday's event. Pro Football Hall of Famer Terrell Davis, Big Game MVP Hines Ward, and Big Game Champion Emmanuel Sanders dissect the action set to take place on the field, Olivia Harlan Dekker delivers her winning wagers, Tom Morton breaks down what we should expect from advertisers, Azia Celestino showcases the atmosphere from Los Angeles, and Baker Machado discusses what viewers should expect to see unfold during the halftime show.
NFL Legends Hines Ward and Terrell Davis join Cheddar Bets to break down their thoughts on The Big Game, what it takes to win under the spotlight, and the matchup between some of the league's brightest stars.
Sponsored by BetMGM
As the Cincinnati Bengals and Los Angeles Rams prep to face each other in the Big Game at SoFi Stadium in LA, 55 percent of a record number of bettors are projected to drop money on the Rams. Casey Clark, the senior vice president of strategic communications for the American Gaming Association, joined Cheddar News to share some data and predictions based on the greater interest in gambling on Super Bowl LVI. "You know that means that people are migrating away from the predatory illegal market and corner bookie and moving their action into the legal marketplace," he said. "So really encouraging for consumer protections and for those of us who might want to have a little action on the game."
Bills WR Emmanuel Sanders joins Cheddar Bets to discuss The Big Game, playing in some legendary games, and what the NFL needs to change about their rules.
Sponsored by BetMGM
Under Armour released a successful Q4 earnings report amid supply chain issues. The apparel company said it invested in analytics to decipher what drives consumers to its brand. However, the company warned of potential supply problems going forward due to COVID.