Mercedes Benz declined to renew its official sponsorship for the ATP tennis tour, though it will continue to sponsor some individual tournaments. The ATP is still looking for sponsors for six of its 63 tournaments scheduled for 2009.”With the lack of cost effective alternatives, extreme sport sponsorships can become an even more attractive medium for marketers in a down economy,” he says.Women’s Professional Soccer, a start up league set to kick off this spring, suffered a setback when a sponsorship deal with Whirlpool an economic casualty that announced 5,000 layoffs for this year fell through at the last minute. The league’s seven inaugural franchises (due to expand to 10 by 2010) also figure to lose local sponsorship dollars in the weak economy.
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