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Sprite Takes the NBA Back From Starry

By Nat Ives | WSJ Leadership Institute

 

Good morning. Today, Coca-Cola puts Sprite back on the court.

NBA player Zach LaVine holds up his Sprite Slam Dunk trophy

Sprite was the title sponsor of the NBA’s annual Slam Dunk Contest for years during Coca-Cola’s earlier deal with the league. Jason Szenes/EPA 

Coca-Cola’s Sprite is once again the official soft drink of the NBA, taking over from PepsiCo’s rival lemon-lime brand Starry, Katie Deighton reports for the WSJ Leadership Institute.

Sprite was the league’s soda sponsor from 1994 through 2015, going back to “Grant Hill Drinks Sprite” and the original “Obey Your Thirst” campaign.

Coke once called an NBA renewal an unofficial 100-year pact as the NBA’s then-CMO said, “We don’t see any reason why we shouldn’t be in business forever.” 

The actual deal terms were considerably shorter, though, and PepsiCo took over in 2015.

A lot has changed since Sprite’s first run.

NBA Commissioner Adam Silver may not have meant exactly what it sounded like last September when he called pro basketball “very much a highlights-based sport,” but he wasn’t wrong for a lot of fans.

They get highlights, takes and memes all day from accounts like @houseofhighlights, @nbamemes and @hoopsforhotties throughout the day. They listen to hours of analysis and interviews on podcasts like “The Lowe Post,” “All The Smoke” and “The Draymond Green Show.”

They just might not watch that many games on TV before the Playoffs start. I personally am guilty here, even as a Knicks fan who’s cautiously excited about the Brunson era.

(Here’s one way to stump even a decently knowledgeable, casual NBA fan: Ask which network or streaming service has the national games that night.)

Katie tells me that Sprite’s new deal includes a presence for Sprite in NBA social channels, of course, in addition to broadcasts, courtside signs and other elements.

Coke also aims to capitalize on the NBA’s vastly expanded international popularity.

More than 75% of the NBA’s social media followers are from outside of the U.S., according to the league.

More NBA (literally): The league’s board of governors will vote next week on whether to officially begin exploring adding teams in Las Vegas and Seattle that would start playing  as soon as 2028. [ESPN]

 
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Le Speed Bump

A golden Cybercab with doors opened into the air like wings

A Tesla Cybercab on display in Paris last year. Aurelien Morissard/Maxppp/Zuma Press

You would think Tesla’s biggest challenges building and selling driverless Cybercabs, the new model with no steering wheel or pedals, would be technological or cultural. And maybe they will be.

But first there’s also a trademark fight with a beverage wholesaler based in the French Island of Corsica, Becky Peterson reports for the Journal.

Unibev applied to trademark “Cybercab” in France in April 2024, six days after Tesla CEO Elon Musk first uttered the term in public and nearly six months before the automaker filed its own trademark application in the U.S.

The U.S. Patent and Trademark Office has told Tesla that Unibev’s French application gave it priority under international trademark law.

Now the companies are preparing to go to trial before the Patent Office, which could make a decision as late as 2027.

 

Three Numbers That Stopped Me

One hour

Time that Amazon says delivery now takes in hundreds of locations as the company tries to fend off a growing threat from Walmart. The new options will let more customers get quick delivery of products typically found in a local supercenter, such as household essentials, health and beauty items and over-the-counter medications

Over 50%

Share of retail square footage leased last year to service-based tenants such as salons, spas and fitness studios, the first time that services rented more U.S. real estate than retail, according to data firm CoStar

$1 billion

Vinyl record sales in the U.S. in 2025, the format’s 19th consecutive year of growth, according to the Recording Industry Association of America. Thank Taylor Swift’s enthusiastic “versioning” of “The Life of a Showgirl” for some of that haul.

 

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Keep Reading

A Bloomberg Terminal screen full of numbers, charts and graphs

The Bloomberg financial terminal is like oxygen to professional investors. Bloomberg LP

Finance bros are fighting with tech bros over whether Bloomberg Terminals are getting “cooked” by AI. [WSJ] 

New York City’s Washington Square Park has become a constant theater for influencers trying to go viral or promote a brand. [Gothamist]

Dollar Tree issued a cautious outlook for the year amid tariff and freight-cost uncertainty, even as demand for discretionary products remains strong. [WSJ]

Lands’ End named Sarah Sylvester, a former senior marketing executive at Victoria’s Secret, its first CMO in almost a decade. Low-hanging fruit includes starting a loyalty program. [Ad Age] 

Tina Fey will be the guest host for the premiere of “Saturday Night Live UK” this weekend. [Deadline]

Former Christian Dior designer John Galliano is teaming up with Zara. [NYT]

 
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We bring you the most important (and intriguing) marketing and experience news every day. Write me at nat.ives@wsj.com any time with feedback on the newsletter or comments on specific items. We want to hear from you.

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