{"id":62294,"date":"2025-10-03T12:02:56","date_gmt":"2025-10-03T12:02:56","guid":{"rendered":"https:\/\/www.elixirr.com\/en-us\/?p=62294"},"modified":"2025-11-28T14:37:42","modified_gmt":"2025-11-28T14:37:42","slug":"how-new-formats-and-markets-are-rewriting-the-rules-of-sport","status":"publish","type":"post","link":"https:\/\/www.elixirr.com\/en-us\/how-new-formats-and-markets-are-rewriting-the-rules-of-sport\/","title":{"rendered":"How new formats and markets are rewriting the rules of sport"},"content":{"rendered":"<section\n    class=\"wp-block-text-block edwp-block layout--spacing-y bg--none\"\n    >\n    <div class=\"wp-block-text-block__container container fade-in\">\n        <div class=\"wp-block-text-block__content wysiwyg\">\n            <p>Let\u2019s be honest: not every league has kept pace with how modern fans consume content, spend their time, or choose their communities \u2013 and we\u2019ve moved beyond the idea that sport needs to be preserved in its legacy form.<\/p>\n<p>The next wave of growth is coming from new formats and newly activated geographies \u2013 sports and leagues that are built for digital shareability, faster monetization and cross-border engagement from day one. But \u2018new\u2019 is not code for \u2018success\u2019: new sports, formats and even teams must be strategic and thoughtful in order to engage a new audience or, risk immediately losing their novelty badge.<\/p>\n<p>In this part of the series, we explore how new formats and markets are reshaping the revenue playbook \u2013 and why sport\u2019s next big thing probably won\u2019t look anything like the last.<\/p>\n<h2 class=\"wp-block-heading\"><strong>The revaluation is already happening<\/strong><\/h2>\n<p>The numbers speak for themselves. Padel has exploded to more than<a href=\"https:\/\/www.ft.com\/content\/ecd63324-c591-4463-8f87-f8060f8b2c3c\" target=\"_blank\" rel=\"noreferrer noopener\">\u00a030 million global players<\/a>, with 50,000+ courts worldwide and counting. The global padel market hit<a href=\"https:\/\/marketmindpartners.com\/padel-sports-market\" target=\"_blank\" rel=\"noreferrer noopener\">\u00a0\u20ac2 billion<\/a>\u00a0in 2023 and is forecast to more than triple by 2026. Similarly, pickleball\u00a0<a href=\"https:\/\/www.theguardian.com\/sport\/article\/2024\/jul\/07\/novak-djokovic-wimbledon-club-tennis-padel-pickleball-sports\" target=\"_blank\" rel=\"noreferrer noopener\">in the US surged to 13.6 million players<\/a>, with backing from celebrities, brands and private equity.<\/p>\n<p>At the same time, format innovation is hitting the mainstream. The Hundred condensed cricket into a 100-ball format, making it faster, more accessible and sponsor-friendly. LIV Golf also recently introduced 54-hole tournaments and team formats \u2013 backed by sovereign wealth capital and a full media machine. While,\u00a0<a href=\"https:\/\/www.espn.in\/kabaddi\/story\/_\/id\/28860147\/how-pro-kabaddi-league-made-india-second-most-popular-sporting-league\" target=\"_blank\" rel=\"noreferrer noopener\">Pro Kabaddi League<\/a>\u00a0turned a regional game into a national franchise, drawing over 222 million viewers in India alone. This is sport reengineered and it\u2019s scaling.<\/p>\n<h2 class=\"wp-block-heading\"><strong>More than a format change \u2013 it\u2019s a commercial strategy<\/strong><\/h2>\n<p>There is a reason, beyond novelty, as to why these changes are landing. These formats are:<\/p>\n<ul class=\"wp-block-list\">\n<li>Simple and scalable \u2013 making them easier to adopt across new markets and fan segments.<\/li>\n<\/ul>\n<ul class=\"wp-block-list\">\n<li>Built for streaming and social \u2013 with shorter runtimes, viral moments and content modularity<\/li>\n<\/ul>\n<ul class=\"wp-block-list\">\n<li>Cheaper to play and operate \u2013 especially relevant in emerging markets or urban areas<\/li>\n<\/ul>\n<ul class=\"wp-block-list\">\n<li>Open to private capital \u2013 with fewer legacy constraints and more flexibility in ownership, branding and fan engagement models<\/li>\n<\/ul>\n<p>This movement is about expanding what sport can be: and who gets to play, watch, or invest in it.<\/p>\n<h2 class=\"wp-block-heading\"><strong>Where culture and capital are moving<\/strong><\/h2>\n<p>What\u2019s interesting is how these formats blend cultural traction with commercial momentum. Take padel, for example. The sport has been backed by the likes of Andy Murray, Zlatan Ibrahimovi\u0107 and Paquito Navarro. Additionally, it has seen rapid uptake in Spain, Sweden, the Middle East and India. It has also been professionalised through leagues like Premier Padel, backed by Qatar Sports Investments, with sponsors including NTT Data and Qatar Airways<\/p>\n<p><a href=\"https:\/\/www.olympics.com\/en\/news\/pro-kabaddi-league-pkl-2025-season-12-watch-live-streaming-telecast-india\" target=\"_blank\" rel=\"noreferrer noopener\">Or look at Kabaddi, once a regional Indian sport, it\u2019s now broadcast on Star Sports, with sponsorship from Tata Motors and franchises across major cities<\/a>. It combines low-cost infrastructure with mass appeal and fast-paced, TV-ready action. These aren\u2019t fringe sports anymore \u2013 they\u2019re high-growth platforms, culturally resonant, digitally native and commercially viable.<\/p>\n<p>&nbsp;<\/p>\n<h2 class=\"wp-block-heading\"><strong>Who\u2019s getting it right?<\/strong><\/h2>\n<p>Some examples worth spotlighting:<\/p>\n<ul class=\"wp-block-list\">\n<li>Premier Padel \u2013 operating in 18 countries, with elite talent, global events and a long-term commercial roadmap<\/li>\n<\/ul>\n<ul class=\"wp-block-list\">\n<li>The Hundred \u2013\u00a0<a href=\"https:\/\/www.sportspro.com\/news\/ecb-english-international-cricket-bbc-hundred-fta-tv-rights-extension-may-2025\/#:~:text=Contract:,top%20(OTT)%20BBC%20iPlayer%20service\" target=\"_blank\" rel=\"noreferrer noopener\">delivering match attendance up 16% year-on-year, drawing 500k+ fans in its debut season<\/a><\/li>\n<\/ul>\n<ul class=\"wp-block-list\">\n<li>LIV Golf \u2013 polarising but commercially aggressive, introducing team dynamics, shorter formats and content control<\/li>\n<\/ul>\n<p>These leagues understand that the product isn\u2019t just the game \u2013 it\u2019s the format, the IP, the experience and the brand.<\/p>\n<h2 class=\"wp-block-heading\"><strong>What still needs solving<\/strong><\/h2>\n<p>As these formats mature, they\u2019re now hitting scale challenges. Broadcast packaging remains a hurdle, as many formats still lack the rights infrastructure necessary to command top-tier fees. At the same time, global governance is often fragmented \u2013 competing federations and inconsistent rules can undermine credibility and limit the potential for Olympic recognition. Beyond governance, the depth of infrastructure also lags behind: in many regions, facilities, coaching systems and youth pathways have not yet caught up with the growing enthusiasm of fans or the expectations of investors \u2013 or there is simply not the space in the cities where the fandom is peaking.<\/p>\n<p>There is also the challenge of an enthusiastic but limited market \u2013 teams and leagues are growing exponentially but the population stays (relatively) stable. Yes, you can engage a previously unengaged market, or turn heads of the fans from other sports, but this must be deliberate and planned. New sports and formats aren\u2019t the means to an end \u2013 they must be strategically planned and carefully thought out to gain the market traction required.<\/p>\n<p>These gaps aren\u2019t insurmountable. But solving them will require operational clarity, long-term thinking and cross-border coordination.<\/p>\n<h2 class=\"wp-block-heading\"><strong>The bigger play: Growth revenue in context<\/strong><\/h2>\n<p>New formats alone don\u2019t drive growth.<\/p>\n<p>But targeted formats that merge market insights with a clear-as-ice strategy open the door to a huge growth opportunity in a market more malleable than ever.<\/p>\n<p>These are not stand-alone experiments; they form a core part of the growth revenue quadrant, alongside women\u2019s sport, digital fan engagement and esports. Together, these levers are redefining how value is created in sport.<\/p>\n<h2 class=\"wp-block-heading\"><strong>Elixirr\u2019s perspective<\/strong><\/h2>\n<p>We\u2019ve helped businesses across sectors do exactly what these leagues are trying to do \u2013 turn high-potential formats into high-growth platforms. Whether it\u2019s launching products into new markets \u2013 from fintech to luxury \u2013 by finding the right customer, partner and model, or building scalable ecosystems where infrastructure, content and community reinforce one another, the playbook is the same. We\u2019ve also created commercial models around underdeveloped assets, always with a focus on speed, simplicity and unlocking value.<\/p>\n        <\/div>\n            <\/div>\n<\/section>\n\n\n    <section\n        class=\"wp-block-cards edwp-block layout--spacing-y bg--none wp-block-cards--columns-1  wp-block-cards--resources wp-block-cards--post js-cards\"\n        >\n        <div class=\"container wp-block-cards__container\">\n            <div class=\"edwp-component edwp-fade-in wp-block-cards__content\">\n            <h2 class=\"wp-component-heading wp-component-content__title text--h1\">\n    Discover more articles from the series<\/h2>                        <\/div>                            <div\n                    class=\"swiper wp-block-cards__swiper js-cards-swiper\"\n                    data-columns=\"1\"\n                    data-rows=\"1\">\n                    <div class=\"swiper-wrapper wp-block-cards__swiper-wrapper edwp-row-load\">\n                                 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    <div class=\"wp-component-tags__tag\">\n                Sports            <\/div>\n                <\/div>\n                        <\/div>\n                                    <\/div>\n                                                    <div class=\"wp-component-card__button-wrapper\">\n                    <button class=\"btn btn--link arrow wp-component-card__button\">\n                                                                            Read more                                                                            <span class='edwp-svg '><svg width=\"20\" height=\"20\" viewBox=\"0 0 20 20\" fill=\"none\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\">\n<g id=\"Lg\">\n<path id=\"Vector\" d=\"M1.12509 9.50162H15.8648L9.43259 3.06941C9.374 3.0113 9.3275 2.94216 9.29576 2.86599C9.26403 2.78981 9.24769 2.70811 9.24769 2.62559C9.24769 2.54307 9.26403 2.46137 9.29576 2.38519C9.3275 2.30902 9.374 2.23988 9.43259 2.18177C9.54971 2.06535 9.70814 2 9.87328 2C10.0384 2 10.1969 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class='edwp-svg '><svg width=\"47\" height=\"47\" viewBox=\"0 0 47 47\" fill=\"none\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\">\n<g>\n<path d=\"M23.4141 0.539062C36.1232 0.539183 46.4258 10.8416 46.4258 23.5508C46.4257 36.2599 36.1231 46.5624 23.4141 46.5625C10.7049 46.5625 0.402465 36.2599 0.402344 23.5508C0.402344 10.8415 10.7048 0.539062 23.4141 0.539062ZM23.4141 1.68945C11.3606 1.68945 1.55273 11.4974 1.55273 23.5508C1.55286 35.6041 11.3607 45.4111 23.4141 45.4111C35.4673 45.411 45.2743 35.604 45.2744 23.5508C45.2744 11.4974 35.4674 1.68957 23.4141 1.68945Z\" fill=\"currentColor\"\/>\n<path d=\"M19.2841 33.6992C18.9579 33.6986 18.6374 33.6111 18.3543 33.4454C17.7167 33.0759 17.3203 32.3585 17.3203 31.5797V15.8189C17.3203 15.0379 17.7167 14.3227 18.3543 13.9531C18.6442 13.7827 18.9735 13.6951 19.3078 13.6994C19.6421 13.7037 19.9692 13.7998 20.2548 13.9776L33.4237 22.0406C33.6981 22.2166 33.9244 22.461 34.0812 22.751C34.238 23.0409 34.3203 23.3668 34.3203 23.6982C34.3203 24.0295 34.238 24.3555 34.0812 24.6454C33.9244 24.9353 33.6981 25.1798 33.4237 25.3558L20.2527 33.421C19.9604 33.6017 19.6256 33.6979 19.2841 33.6992Z\" fill=\"currentColor\"\/>\n<\/g>\n<\/svg>\n<\/span>            <\/div>\n                        <\/figure>\n        <div class=\"wp-component-card__content edwp-row-load\">\n                                    <p class=\"wp-component-card__eyebrow\">\n                Articles            <\/p>\n                <a href='https:\/\/www.elixirr.com\/en-us\/experiential-fan-engagement-how-sport-is-rewriting-the-rules-of-connection\/' class='wp-component-card__title'>\n            <h2>\n                Experiential fan engagement: How sport is rewriting the rules of connection\n            <\/h2>\n        <\/a>                                                            <div class=\"wp-component-card__meta\">\n                                                                <div class=\"wp-component-card__terms\">\n                                       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22.751C34.238 23.0409 34.3203 23.3668 34.3203 23.6982C34.3203 24.0295 34.238 24.3555 34.0812 24.6454C33.9244 24.9353 33.6981 25.1798 33.4237 25.3558L20.2527 33.421C19.9604 33.6017 19.6256 33.6979 19.2841 33.6992Z\" fill=\"currentColor\"\/>\n<\/g>\n<\/svg>\n<\/span>            <\/div>\n                        <\/figure>\n        <div class=\"wp-component-card__content edwp-row-load\">\n                                    <p class=\"wp-component-card__eyebrow\">\n                Articles            <\/p>\n                <a href='https:\/\/www.elixirr.com\/en-us\/growth-revenue-in-the-sports-industry\/' class='wp-component-card__title'>\n            <h2>\n                Growth revenue in the sports industry\n            <\/h2>\n        <\/a>                                                            <div class=\"wp-component-card__meta\">\n                                                                <div class=\"wp-component-card__terms\">\n                                            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13.9776L33.4237 22.0406C33.6981 22.2166 33.9244 22.461 34.0812 22.751C34.238 23.0409 34.3203 23.3668 34.3203 23.6982C34.3203 24.0295 34.238 24.3555 34.0812 24.6454C33.9244 24.9353 33.6981 25.1798 33.4237 25.3558L20.2527 33.421C19.9604 33.6017 19.6256 33.6979 19.2841 33.6992Z\" fill=\"currentColor\"\/>\n<\/g>\n<\/svg>\n<\/span>            <\/div>\n                        <\/figure>\n        <div class=\"wp-component-card__content edwp-row-load\">\n                                    <p class=\"wp-component-card__eyebrow\">\n                Articles            <\/p>\n                <a href='https:\/\/www.elixirr.com\/en-us\/how-new-formats-and-markets-are-rewriting-the-rules-of-sport\/' class='wp-component-card__title'>\n            <h2>\n                How new formats and markets are rewriting the rules of sport\n            <\/h2>\n        <\/a>                                                            <div class=\"wp-component-card__meta\">\n                                            <p class=\"wp-component-card__date\">\n                            03 October 2025                        <\/p>\n                                                                <div class=\"wp-component-card__terms\">\n                                                                                                                                                    <div class=\"wp-component-tags edwp-component\">\n                        <div class=\"wp-component-tags__tag\">\n                Sports            <\/div>\n                <\/div>\n                        <\/div>\n                                    <\/div>\n                                                    <div class=\"wp-component-card__button-wrapper\">\n                    <button class=\"btn btn--link arrow wp-component-card__button\">\n                                                                            Read more                                                                            <span 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