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).
Jared Smith, sports betting analyst from Pickswise, joins Cheddar Bets to break down the biggest games of the college football weekend, including those that put Ohio State and Oregon's Playoff spots on the line.
Sponsored by BetMGM
Cognitive healthcare platform BrainCheck recently raised $10 million in a Series B round. The platform offers neurologists a new way to detect and care for brain disorders like Alzeheimer's, and brain injuries like concussions. BrainCheck CEO Yael Katz joined Cheddar News' Closing Bell to discuss.
Three-time Grammy Award winner Darius Rucker joins Cheddar News to discuss his new apparel line, NFL x Darius Rucker Collection by Fanatics, a new line of officially licensed NFL apparel inspired by Rucker’s love of music, football, and fashion.
Jill Wagner is joined by Baker to talk about kids and vaccines: we finally know how many young kids are getting vaccinated. Plus, Democrats are working on a Plan B for paid family leave. And the salad chain Sweetgreen goes public.
Beginning Christmas Day, the home of the Los Angeles Lakers, Clippers, Kings, and Sparks, the Staples Center, will go by the name Crypto.com Arena after a massive $700 million deal with AEG. Steven Kalifowitz, the chief marketing officer at Crypto.com, and Todd Goldstein, the chief revenue officer at AEG, joined Cheddar to talk about the historic changeover in naming rights and what other changes that fans entering the arena might expect.
The iconic Los Angeles Staples Center will sport a new moniker, Crypto.com Arena, beginning Christmas Day. AEG made the naming-rights deal with Crypto for a historic $700 million.
Jill is joined by “Friend of the Pod” Mosheh Oinounou to talk booster shots, and whether “fully vaccinated” will eventually mean three shots, not two. Plus, the latest on the Kyle Rittenhouse trial. And the research is in: we know now the perfect way to hug. Also, Jill and Mosheh debate whether Airpods are passé.
The Green Bay Packers are selling shares of their stock for just the sixth time in its 102-year history. The Packers are the only major professional sports team in the U.S. that is publicly owned and not-for-profit. Now, it is offering 300,000 shares at $300 apiece; however, fans who become shareholders will not have much power, as the Packers' stock is not technically a stock. Washington Post sports reporter Des Bieler joins Cheddar News' Closing Bell to discuss.
Jill is joined by Baker Machado to talk all things infrastructure: where will the money go and who’s in charge? Plus, Sesame Street has its first Asian-American muppet. And a trailer for the trailer for Spiderman. Huh?