Chase is betting big on the NB... Note
Fast Company

Chase is betting big on the NBA, and credit cardholders could be the biggest winners

JPMorgan Chase is expanding its NBA presence by partnering with the Dallas Mavericks and Miami Heat. These new collaborations bring Chase's total NBA team partnerships to five, including existing deals with the New York Knicks, Golden State Warriors, and Atlanta Hawks. The partnership with the Mavericks is significant as it marks Chase's first NBA jersey patch sponsorship. Beyond logo placement, Chase aims to enhance the fan experience at games. They are offering exclusive benefits to Chase Sapphire Reserve cardholders, such as dedicated entry lines and discounts on merchandise and concessions for all Chase cardholders. Chase views these sports sponsorships as a way to build human connections with customers that traditional advertising cannot achieve. The goal is to make attending games more enjoyable and to create memorable moments for fans. Chase is strategically choosing markets like Dallas, where it already has a strong customer base and employee presence. The bank intends to tailor its fan experiences to the local culture and preferences of each city. The partnerships also extend to supporting local businesses, like the Mavs Business Assist program in Dallas. Chase is currently focused on optimizing its existing NBA relationships and understanding which fan benefits are most successful. Ultimately, being a Chase customer may lead to more perks and enhanced experiences for NBA fans this season.
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