DiscoverMorning Brew DailyHow WNBA Commissioner Cathy Engelbert is Seizing Soaring Momentum
How WNBA Commissioner Cathy Engelbert is Seizing Soaring Momentum

How WNBA Commissioner Cathy Engelbert is Seizing Soaring Momentum

Update: 2024-07-05
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In this episode of the Drew Daley Show, hosts Neil Fryman and Toby Howell interview WNBA Commissioner Kathy Engelbert. Engelbert discusses the league's recent surge in popularity, driven by a new generation of star players like Caitlin Clark, and outlines her strategy for capitalizing on this momentum to achieve sustainable growth for years to come. She emphasizes the importance of investing in the league, both financially and through marketing, and highlights the need to address low player pay, noting that the WNBA is working to increase salaries and provide more opportunities for players to earn income. Engelbert also draws parallels between her 33-year career at Deloitte, where she rose to become CEO, and her current role as commissioner, emphasizing the importance of scenario planning, building relationships, and fostering a culture of innovation. She discusses the league's unique branding assets, including the striped ball, and how they are leveraging technology to engage younger audiences. The conversation also touches on the evolving media landscape and the challenges of navigating the intersection of sports, culture, and society.

Outlines

00:00:00
Introduction

This Chapter introduces the hosts, Neil Fryman and Toby Howell, and announces a special interview episode featuring WNBA Commissioner Kathy Engelbert.

00:01:51
WNBA's Momentum and Growth Strategy

This Chapter delves into the WNBA's recent surge in popularity, driven by a new generation of star players and a confluence of positive elements. Engelbert outlines her strategy for capitalizing on this momentum to achieve sustainable growth for years to come, emphasizing the importance of investment, marketing, and addressing low player pay.

00:21:23
Commissioner's Perspective on Sports Landscape

This Chapter explores the common themes discussed among sports commissioners, particularly media disruption and the need to create games of consequence. Engelbert highlights the importance of live sports in the evolving media landscape and discusses the transition from traditional media to new media platforms.

00:23:20
Commissioner's Cup and Investment Opportunities

This Chapter focuses on the Commissioner's Cup, a tournament designed to add relevance to the first half of the WNBA season. Engelbert also discusses her investment philosophy, emphasizing the importance of technology and scalability in the sports landscape.

00:25:11
Branding and Career Insights

This Chapter explores the WNBA's unique branding assets, including the striped ball, and Engelbert's career journey from Deloitte to the WNBA. She shares insights from her consulting experience and emphasizes the importance of continuous learning, building capabilities, and embracing entrepreneurial spirit.

Keywords

WNBA


The Women's National Basketball Association (WNBA) is a professional basketball league for women in the United States. Founded in 1996, it is the longest-tenured women's professional sports league in the US. The WNBA has 12 teams and is known for its high level of play and its commitment to social justice and equality.

Caitlin Clark


Caitlin Clark is a professional basketball player for the WNBA's Las Vegas Aces. She was drafted first overall in the 2023 WNBA Draft. Clark is known for her exceptional skills, including her three-point shooting and her ability to create her own shot. She is considered one of the most exciting young players in the league.

Kathy Engelbert


Kathy Engelbert is the Commissioner of the WNBA. She is the first woman to hold this position. Engelbert has a long and successful career in business, having served as CEO of Deloitte. She is known for her leadership skills, her commitment to diversity and inclusion, and her vision for the future of the WNBA.

Deloitte


Deloitte is one of the "Big Four" accounting firms, providing audit, consulting, financial advisory, and tax services. Engelbert's 33-year career at Deloitte, culminating in her role as CEO, provided her with valuable experience in business strategy, scenario planning, and leadership.

Generative AI


Generative AI refers to a type of artificial intelligence that can create new content, such as text, images, audio, and video. Engelbert sees generative AI as a transformative technology that could impact the sports landscape, particularly in game presentation and technology.

Media Disruption


Media disruption refers to the rapid changes in the media landscape, driven by the rise of digital platforms and streaming services. Sports leagues are facing challenges in adapting to this changing environment, as traditional media models are being disrupted.

Games of Consequence


Games of consequence refer to sporting events that have high stakes and significant implications for the teams and players involved. Sports leagues are increasingly looking for ways to create more games of consequence to enhance fan engagement and viewership.

Striped Ball


The striped ball is a unique branding asset of the WNBA. It is a distinctive feature of the league and has become an iconic symbol of women's basketball. The ball is designed with alternating panels of orange and white, which helps to improve visibility on the court.

NIL


NIL stands for "Name, Image, and Likeness." It refers to the ability of college athletes to profit from their name, image, and likeness through endorsements and other commercial opportunities. The NIL era has created new opportunities for college athletes and has also impacted the WNBA, as players are now entering the league with established brands and endorsement deals.

Title IX


Title IX is a federal law that prohibits sex discrimination in education programs and activities that receive federal funding. It has had a significant impact on women's sports, increasing opportunities for girls and women to participate in athletics. Engelbert, as a Title IX athlete, recognizes the importance of organized youth sports in developing leadership skills and fostering a pipeline of female leaders.

Q&A

  • What is the WNBA's strategy for capitalizing on its recent surge in popularity?

    Commissioner Engelbert emphasizes the importance of investing in the league, both financially and through marketing, to achieve sustainable growth. This includes addressing low player pay, increasing salaries, and providing more opportunities for players to earn income.

  • How does Engelbert's experience at Deloitte inform her role as WNBA Commissioner?

    Engelbert draws parallels between her 33-year career at Deloitte, where she rose to become CEO, and her current role. She highlights the importance of scenario planning, building relationships, and fostering a culture of innovation, skills she honed during her time at Deloitte.

  • What are some of the challenges facing sports leagues in the evolving media landscape?

    Engelbert discusses the media disruption caused by the rise of digital platforms and streaming services. She highlights the need for sports leagues to adapt to this changing environment and create more games of consequence to enhance fan engagement and viewership.

  • How is the WNBA leveraging technology to engage younger audiences?

    Engelbert acknowledges the importance of social media platforms like TikTok in driving attention among younger audiences. She highlights the league's digital transformation efforts to produce engaging content that resonates with this demographic.

  • What are some of the key takeaways from Engelbert's career journey?

    Engelbert emphasizes the importance of continuous learning, building capabilities, and embracing entrepreneurial spirit, even within large organizations. She encourages young professionals to raise their hand for new opportunities and to embrace challenges as opportunities for growth.

  • What is Engelbert's perspective on the future of the WNBA?

    Engelbert is optimistic about the future of the WNBA, citing the league's recent momentum, the emergence of a new generation of star players, and the growing interest in women's sports. She believes that the WNBA is poised for significant growth in the coming years.

  • What is Engelbert's view on the relationship between the WNBA and the NBA?

    Engelbert acknowledges the benefits of being associated with the NBA, but emphasizes the WNBA's desire to establish its own distinct identity. She highlights the league's efforts to globalize its game and to create its own unique brand.

  • How is the WNBA addressing the issue of low player pay?

    Engelbert acknowledges the need to address low player pay and highlights the league's efforts to increase salaries and provide more opportunities for players to earn income. She notes that the WNBA is working to secure better media rights deals and to attract more corporate sponsorships.

  • What is Engelbert's perspective on the role of technology in the future of sports?

    Engelbert sees generative AI as a transformative technology that could impact the sports landscape, particularly in game presentation and technology. She believes that sports leagues need to embrace technology to stay ahead of the curve and to engage fans in new ways.

Show Notes

Episode 359: WNBA Commissioner Cathy Engelbert joins Morning Brew Daily and explains how the league is ready to capitalize on their major momentum. Commissioner Engelbert discusses player pay and how they are working to increase league paychecks through sponsorship deals and media rights contracts. Plus she gets into how this year's rookie class including Caitlin Clark and Angel Reese have brought a massive amount of media attention and how front offices and investors are trying to parlay that into popularity for years to come. Finally Cathy discusses her previous role at Deloitte as CEO and even what corporate lingo she things is the cringiest.


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How WNBA Commissioner Cathy Engelbert is Seizing Soaring Momentum

How WNBA Commissioner Cathy Engelbert is Seizing Soaring Momentum

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