Listening
Unlocking Word Meanings
Read the following words/expressions found in today’s article.
- branded / ˈbræn dɪd / (adj.) – relating to something that is made by a particular or popular company and has the company’s name or logo on it
Example:The hotel offers branded travel packages with the top airline company.
- outlet / ˈaʊt lɛt / (n.) – a store that sells products made usually by one company, often at lower prices
Example:She was able to buy a lot of new clothes from the clothing company’s factory outlet because the prices were cheaper.
- vice versa / ˈvaɪ sə ˈvɜr sə / (adv.) – used to indicate that a statement or situation is also true in the opposite order
Example:The new staff members learn from senior staff members, and vice versa.
- sponsorship / ˈspɒn sər ʃɪp / (n.) – the act of providing help or financial support to someone or something
Example:The company’s sponsorship made it possible to invite big celebrities, which led to the event’s success.
- fiscal / ˈfɪs kəl / (adj.) – relating to money matters, especially for a business or government
Example:This year’s fiscal report shows an increase in sales.
Article
Read the text below.
Missy Vraney and Kristin Westphal didn’t go to Marquette University. Neither did any of their relatives. Yet their family tradition of attending Marquette Golden Eagles basketball games spans generations.
They’re still supporting the school regularly—just in beer money rather than tuition fees. It happens every time they buy a Marquette Golden Ale before heading to the Fiserv Forum stands.
This marks the first season since Marquette entered a partnership with Milwaukee-based Third Space Brewing to sell Marquette Golden Ale—the school’s officially licensed and co-branded craft beer—at Golden Eagles sporting events, as well as in Third Space outlets and area groceries. As part of the deal, 15% of the revenues go back to Marquette.
“People are extremely excited about it,” said Andy Gehl, the co-founder and president of Third Space Brewing. “People love drinking beer with their favorite school, their favorite sports team’s logo on it. That’s No. 1. Also, they want to support businesses that support their university, and vice versa.”
This has become the latest fund-raising trend for college athletics.
Learfield, which manages sports sponsorships for over 160 universities and licensing agreements for nearly 800 colleges, says that 93 of its schools had licensing deals for alcoholic beverages for the first six months of the current fiscal year. That’s a 57.6% rise from fiscal year 2023, when 59 schools had deals for their own signature alcoholic beverage.
The number of Learfield schools with licensing deals specifically with craft beers has more than doubled in that time—from 16 in 2023 to 36 this year.
Cory Moss, Learfield’s president of brand management and marketing, acknowledges he would have been surprised by this kind of growth four or five years ago. Then, he started noticing more interest from the schools themselves and from various local craft breweries wanting to establish partnerships.
“When schools got really behind it and the craft industry really started to take it seriously, that’s when it really started to grow,” Moss said.
It represents a major change in the college sports landscape, considering how many schools weren’t even selling alcoholic beverages at their athletic events not so long ago.
This article was provided by The Associated Press.
Viewpoint Discussion
Enjoy a discussion with your tutor.
Discussion A
- Some businesses partner with schools by advertising products or providing sponsorships during school events. In your opinion, should schools allow alcohol companies to advertise or sponsor their events? Why or why not? Discuss.
- What are the benefits and risks of allowing companies to advertise in schools? Are there types of businesses that should not be allowed to sponsor school events? Why? Discuss.
Discussion B
- Do you think it is a good idea for colleges to sell their own beer? Why or why not? How could this affect the school’s image? Discuss.
- Should schools rely on alcohol sales to raise funds, or should they find other ways to support their athletic or sports programs? What alternatives could they explore? Discuss.
