Late night talk show host Arsenio Hall is one of the latest celebrities to throw his hat into the ring for LA Clippers ownership. After previous owner Donald Sterling received a life-long ban from the NBA for being racist, the Los Angeles basketball team is up for grabs. While the comedian has expressed interest, he does not have the $1 billion to purchase it.
This is where an Indiegogo campaign comes in. In a fundraising effort called Clipgogo, fans can help Arsenio Hall buy the Clippers. From perks like a retweet from Arsenio to being his sidekick for an entire episode of his show, Hall is offering lots of incentives for fans to crowd fund this endeavor. If he fails to gain LA Clippers ownership, the money raised will go to charity.
Crowd-Funded Basketball Teams
Arsenio Hall Launched a Indiegogo Campaign for LA Clippers Ownership
Trend Themes
1. Crowd-funding Sports Ownership - The trend of using crowd-funding platforms like Indiegogo to raise funds for sports team ownership presents disruptive innovation opportunities for traditional sports ownership models.
2. Celebrity Involvement in Sports Ownership - The trend of celebrities like Arsenio Hall getting involved in sports team ownership creates opportunities for unique partnerships and marketing strategies in the sports industry.
3. Alternative Funding Models for Sports Teams - The trend of using crowd-funding as a means to finance sports team ownership highlights the need for alternative funding models in the sports industry.
Industry Implications
1. Sports Ownership - The sports ownership industry can explore new ways of raising funds and engaging with fans through crowd-funding platforms.
2. Entertainment and Sports Media - The entertainment and sports media industry can capitalize on the celebrity involvement in sports team ownership by creating engaging content and marketing campaigns centered around these partnerships.
3. Fundraising and Philanthropy - The fundraising and philanthropy industry can leverage the trend of crowd-funding sports team ownership to support charitable causes and engage donors in unique ways.