Published: July 28, 2011
Putnam Investments and the Kraft Sports Group Announce Long-Term Brand Partnership for Gillette Stadium
FOXBOROUGH, Mass. - (BUSINESS WIRE) - Putnam Investments and the Kraft Sports Group today announced a
multi-faceted, multi-year marketing partnership. The new agreement
carries broad awareness-building opportunities with high-profile
branding of new and improved properties at Gillette Stadium. By teaming
with the New England Patriots, Putnam will also receive significant
local and national exposure through various forms of media. Financial
terms of the agreement were not disclosed.
The long-term marketing partnership aligns Boston-based Putnam
Investments, one of the nation's leading investment management firms,
with the New England Patriots, one of the strongest and most
recognizable brands in professional sports.
"Putnam Investments is proud to be associated with the New England
Patriots, which has come to signify performance excellence and a winning
tradition based on hard work, talent and a passion for teamwork," said
Robert L. Reynolds, President and Chief Executive Officer, Putnam
Investments. "Under the inspiring leadership of Robert and Jonathan
Kraft, the New England Patriots have earned a reputation for success
that is as powerful off the field as it is on. Together, we will make a
very formidable team."
Commenting on the new agreement with Putnam Investments, Robert Kraft,
Chairman of The Kraft Group said, "Joining forces with elite, New
England-based companies as our naming rights partners has been a
priority from the time we conceived of building the stadium. I have the
utmost respect for Bob Reynolds and his team, who lead a well-regarded
global money manager. We are proud and honored that Putnam Investments
is our new marketing partner, and look forward to combining our two
great brands for years to come."
Reynolds indicated that the new initiative represents the next step in
Putnam's strategic marketing efforts by providing a regionally based,
top-tier opportunity that is national in scope. "The broad reach of the
National Football League, widely recognized as the nation's most popular
sport, combined with the universal appeal of the New England Patriots,
makes this an extraordinarily attractive sponsorship," he said.
Under Reynolds's direction, the firm has engaged in key talent
acquisition to augment existing capabilities, rebuilt Putnam's equity
and research investment platforms, bolstered its retirement business,
enhanced its technology and revitalized the brand of the nearly
75-year-old company.
Redefining the Fan Experience
A key element of the new partnership will be to help redefine and
elevate the fan experience through use of leading technology, social
media and greater levels of connectivity, which will be wrapped in
Putnam branding. The new concepts are a result of the close-working
relationship of Putnam and the Kraft Sports Group, and will be unveiled
this fall.
One of the primary features will be the Putnam Club, consisting of two
60,000-square-foot indoor club spaces which serve as the game-day home
of more than 6,000 club seat holders. The Putnam Club will have a highly
contemporary look and feel, providing enhanced views of the field from
indoors. New high-resolution digital signage will deliver a more
informative and entertaining fan experience, while interactive messaging
throughout the facility ties the rich history and culture of the Putnam
brand with the New England Patriots organization.
The Putnam Club is scheduled to officially open in September, when
additional details will be announced.
About Putnam Investments
Founded in 1937, Putnam Investments is a leading global money management
firm with over 70 years of investment experience. The firm was recently
named one of the top 15 mutual fund families by Lipper/Barron's
for the second consecutive year. At the end of June 2011, Putnam had
$129 billion in assets under management, including mutual fund assets of
$68 billion and institutional assets of $61 billion. Putnam has offices
in Boston, London, Frankfurt, Amsterdam, Tokyo, Singapore and Sydney.
For more information, visit putnam.com.
About the Kraft Sports Group
The Kraft Sports Group, headquartered in Foxborough, MA, is the sports
and entertainment division of The Kraft Group, the holding company for
the Kraft family's various business interests. Kraft Sports Group
properties include the three-time Super Bowl Champion New England
Patriots, Major League Soccer's New England Revolution and Gillette
Stadium, New England's premier venue for sports, concerts and special
events. For more information, please visit www.thekraftgroup.com/sports_entertainment.

New England Patriots Media Contact:
Stacey James,
508-384-9105 (office)
508-326-6868 (cell)
StaceyJ@patriots.com
or
Putnam
Investments Media Contacts:
Jon Goldstein, 617-760-1127 (office)
516-946-5598
(cell)
jon_goldstein@putnam.com
or
Laura
McNamara, 617-760-1108 (office)
617-850-2727 (cell)
laura_mcnamara@putnam.com
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