Corporate sponsorship of sporting events has fueled much of the growth in total sponsorship expenditures. It is estimated that sport sponsorship accounts for two-thirds of all event sponsorship spending, with corporate sponsorship of sport in the United States expected to exceed $3 billion in 1995 (IEG Sponsorship Report, 1994). Even though the number of sport sponsorship opportunities has increased, the demand for marquee sponsorships continues to outstrip supply. The allure of sponsoring a big-time event also contributes to escalating sponsorship fees. For example, the price tag to become a Centennial Olympic Partner for the 1996 games was $40 million. To be affiliated with the 1994 World Cup, individual companies such as MasterCard spent about $30 million in advertising and promotional dollars. In total, the renowned soccer event generated an estimated $300 million in sponsorship fees (Carter,1996)