“I’ve seen how expensive the Olympics tickets are, and especially with athletics [track and field], people are worried that the stadium is going to be relatively empty because people don’t want to spend 400 euros on a ticket, which is a shame because the audience impacts the athletes … they rely on the spectators to come and bring the energy,” Wilbur said.
“I would say there’s an appetite there for live sports but it’s becoming less accessible,” agreed Murrey. “The amount of money it costs to get a ticket, the transportation costs, all of the tack-ons that go into attending something live, as opposed to just watching something on your screen.”
Delivering on the value that Gen Z sports fans expect is more than affordable tickets but also an “experience” Murrey said.
“There has to be that cultural component—a lot of entertainment, a larger package around it—to make it seem really worth the value. I think a lot of fans crave [live sports] more than they know, but it’s making sure the value is there.”
Sports and entertainment are converging
For many Gen Z sports fans, properties like music and fashion are an entry point to sports, panelists said, noting how Celine Dion’s appearance at the Olympic opening ceremony, Travis Scott showing up at an Iowa basketball game or the Kelce brothers’ podcast (with an assist from Taylor Swift) are all delivering new fans to sports.
“Celine Dion at the Olympic opening ceremony was very compelling,” Murrey said. “That type of audio engagement, or the nexus point between streaming and other forms of entertainment, can pull on those emotional heartstrings that invite other types of fans to engage.”
Entertainment about sports is also part of the world of the Gen Z fan. These include documentaries such as Netflix’s “Formula 1: Drive to Survive” or “Tour de France: Unchained” that give fans the behind-the-scenes content they crave while building emotional connections to the athletes, coaches and executives featured.