Get 40% Off
👀 👁 🧿 All eyes on Biogen, up +4,56% after posting earnings. Our AI picked it in March 2024.
Which stocks will surge next?
Unlock AI-picked Stocks

With Williams out of sight, Wolfpack out of fans' minds

Published 22/11/2019, 21:15
Updated 22/11/2019, 21:46
With Williams out of sight, Wolfpack out of fans' minds

By Steve Keating

TORONTO (Reuters) - Sonny Bill Williams (NYSE:WMB), the world's highest-paid rugby player and the sport's biggest name, has in recent weeks visited Japan, New Zealand, Australia and England.

Williams has been seen in just about every corner of the globe where rugby is played with the exception of Canada and his newest team the Toronto Wolfpack, who have signed the hulking New Zealander to a reported two-year $9 million deal.

News that the All Blacks great had agreed to join the Wolfpack and lead the ambitious club into a first season playing in England’s top-tier Super League sent shockwaves through the sport.

Though Canadians have little interest in rugby and know even less about Williams, the signing sparked national headlines.

Toronto mayor John Tory rolled out the welcome mat.

"Sonny Bill Williams is one of the best rugby players in the world and we welcome him to Toronto," Tory said.

The city, however, is still waiting to welcome its newest sporting celebrity.

In fact, it will be several months before Toronto rugby fans get a chance to chase Williams for an autograph or selfie.

A week after the 34-year-old's signing was announced on Nov. 7 the twice World Cup winner was introduced at a news conference in London.

Immediately afterwards he flew to Australia without a paying a quick visit to the city he will represent for at least the next two years.

As the Super League's only trans-Atlantic club, Toronto will play the early part of their schedule in England, Wolfpack CEO and chairman Robert Hunter telling Reuters that fans are unlikely to see Williams in the flesh until their first home game scheduled for April 11 against Hull FC.

3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads .

"We talked about that (bringing him to Toronto) but it is just very difficult with his travel schedule," Hunter told Reuters. "He just finished the World Cup in Japan, he had been away almost six weeks from his family.

"We talked about it and decided not to do it. We may not see him here until April."

ENTERTAINMENT DOLLAR

Founded in 2016 the team have a loyal hardcore fan base and Wolfpack games have developed a reputation as a fun and affordable sporting option in the city of 3.5 million where NHL Toronto Maple Leafs, NBA Raptors, MLB Toronto Blue Jays, MLS Toronto FC and Canadian Football League Argonauts vie for the sporting entertainment dollar.

To get noticed in such a competitive market Hunter says the Wolfpack had to go out and buy it.

Last season the Wolfpack, who play in a quaint but soulless venue in downtown Toronto that seats 10,000, averaged close to 7,500 fans a game.

As rumours of Williams signing intensified the club saw a spike in season-ticket sales and another when the deal was announced, leading Hunter to predict that all 11 home dates will be sellouts.

"It is certainly buying headlines," said Hunter. "In this marketplace where a lot of our commercial business is driven by ticket sales and sponsorship you have to go big.

"One of the goals is to build a brand in this marketplace. You've got to invest.

"We're a small guy and we are just trying to keep our hand up so people know that we are there."

3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads .

The buzz generated by the signing of Williams may have boosted ticket sales but the excitement has quickly vanished and the Wolfpack are again out of the minds of Toronto sports fans.

Hunter concedes that rugby is a niche sport in Canada and the real value in Williams signing will be felt at the grassroots level of sport.

But with him not arriving in Toronto until April and the club's last regular season game on Aug. 29 it is difficult to estimate how much corporate schmoozing can be squeezed into a five-month window.

"We have a lot of work to do," said Hunter. "We are also a niche sport, not well known, not a lot of play at the youth level but that is all part of the challenge.

"Right now we are working with the rugby clubs to get them down to games and getting Sonny Bill out when he gets here.

"You've got to start at the grassroots."

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.