Wharton Moneyball

Tracking Fan Behavior Through Google Sports Trends Data

5 snips
Sep 24, 2025
Ananya Raghavan, a sports trends analyst at Google, discusses how search data reveals fan engagement trends, particularly in the WNBA, highlighting spikes tied to playoffs and players' cultural moments. Dave Dassey from Goldman Sachs elaborates on sports as an investable asset class, covering team financing and the rise of institutional capital. They delve into how analytics and modern strategies influence sports valuation, while also touching on new trends in monetization and fan engagement strategies.
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ADVICE

Assemble Cross-Channel Capital For Team Deals

  • Combine debt, wealth management, and institutional investors to finance large team acquisitions.
  • Goldman partners across its divisions and family-office coverage to place equity and debt in team transactions.
INSIGHT

Brand Trumps Single-Season Performance

  • Team valuations tie to brand, multi-generational fan engagement, and addressable market more than single-season records.
  • Strong legacy brands can unlock long-term revenue beyond on-field performance.
ADVICE

Build Direct-To-Consumer Fan Relationships

  • Prioritize direct-to-consumer relationships to increase fan lifetime value and monetization.
  • Teams should capture better fan identity data and build sticky digital engagement to grow revenues.
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