
-Official Bank of the Liga de Futbol Profesional and the NBA;BBVA Unveils Strategic Agreements with
The BBVA Group officially presented the strategic agreement with
the
NBA today, making it the 'Official
Bank' of the global basketball league.
The agreement, signed in September, comes on top of BBVA's
sponsorship of the Liga de Futbol Profesional (Spain's professional
soccer league, known as the 'LFP'), which was recently extended to
2013. These two partnerships cement BBVA's status as the 'Sports
Bank.' The association and collaboration between BBVA, the
NBA and the LFP will raise the
profile of all three brands in the U.S., Spain, and Puerto Rico,
leveraging events, promotions, media, grassroots programs, and
community service initiatives to reach fans and consumers around
the world through sports.
The official presentation of BBVA's partnership with the
NBA coincided with the game to be
played tonight at Barcelona's Palau Sant Jordi between the two-time
defending
NBA champion Los Angeles Lakers and
last season's Euroleague winner Regal FC Barcelona.
During the ceremony, Angel Cano, the BBVA president and COO,
reiterated the Bank's decisive and strategic commitment to
participating actively with Liga BBVA and the
NBA, emphasizing the importance of
soccer and basketball to fans all around the world: 'More people in
world play soccer and basketball than any other sport and the Liga
BBVA and the
NBA are among the top two leagues in
their respective sports. This is why BBVA is, unquestionably, the
'Sports Bank.'
This strategic alliance makes BBVA the Official Bank of the
NBA in Spain, the U.S. and Puerto
Rico.
'Both the
NBA and the Liga BBVA are the stuff
dreams are made of; kids all over the world who play basketball or
soccer want to play in them. And making it in these sports depends
only on these kids' talent and hard work, and not on their economic
status, as all they need to get a game going anywhere in the world
is a ball,' Mr. Cano said.
Adam Silver,
NBA Deputy Commissioner and COO,
said 'BBVA is a leading financial institution with a successful
history of reaching fans and consumers around the world through
sports. We look forward to working together over the course of our
partnership on a variety of basketball-themed programs that will
celebrate our game and engage
NBA fans globally.'
BBVA's partnership of the
NBA extends to the
NBA Cares program, the Women's
National
Basketball
Association (WNBA) and the
NBA Development League (D-League).
BBVA will launch additional partnership activities in the
U.S. to coincide with the tip off of the
NBA regular season on October 26.
The BBVA Group's U.S. franchise, BBVA Compass, will leverage its
burgeoning network of more than 700 branches to carry out a variety
of
NBA-themed promotions tied to
customer events and programs. It will also be featured prominently
in the national broadcasting of
NBA games on ABC, ESPN and TNT, as
well on
NBA TV and
NBA.com.
Soccer sponsorships extended to 2013
During the event, BBVA announced the renewal of its
sponsorship of the LFP in Spain until 2013. Jose Luis Astiazaran,
president of the Professional Soccer League, explained that in the
coming years China and the Asian market would be cornerstones of
the league's growth strategy: 'We are already working with BBVA to
expand our reach in Asia. There will be new developments over the
coming months. In the meantime, we are very optimistic about our
prospects in this market.'
About the
NBA
The
NBA, founded in 1946, is a
professional sports league and global business that features 30
teams in the United States and Canada. During the 2010-11 season,
NBA games will reach 215 countries
and territories in more than 40 languages. Last season,
NBA rosters featured 79
international players from 35 countries and territories.
NBA merchandise is sold in more
than 100,000 stores in 100 countries on six continents.
NBA.com averages more than 26
million page views per day, with more than 50 percent of the site's
visitors coming from outside of North America. Through
NBA Cares, the league, its teams
and players have donated than 5 million to charity, completed more
than 1.4 million hours of hands-on community service, and created
more than 525 places where kids and families can live, learn, or
play.
About the LFP
The LFP is the institution which, since 1984, encompasses the
clubs and sports companies that participate in the first and second
divisions of the Spanish professional soccer league. For the last
three seasons, BBVA has sponsored both divisions, known as the Liga
BBVA and Liga adelante, respectively. It is currently the strongest
soccer competition around. League matches are broadcast in 170
countries. The LFP hosts two of the world's best teams (Real Madrid
and Barcelona), the world's top two players (Leo Messi and
Cristiano Ronaldo) and most of the Spanish team that won the World
Cup in South Africa last summer.
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