[0001] This application claims priority to U.S. Provisional Application Serial No. 60/260,307 filed Jan. 8, 2001, and to U.S. Provisional Patent Application Serial No. 60/232,746 filed Sep. 15, 2000, both incorporated herein by reference.
[0002] 1. Field of the Invention
[0003] The invention relates to electronic commerce. Specifically, the invention relates to using various bidding methods to facilitate the organization, coordination, and promotion of competitive sporting events on a wide area network such as the Internet, interactive networks, and other communication means.
[0004] 2. Background
[0005] Sports are one of America's favorite pastimes. In addition to being a popular leisure activity, sports and sporting events have become big business. Unfortunately, many sports have been marred by allegations of corruption. These allegations are widespread and have harmed the reputations of many athletes, agents, promoters and many others in many sports. One of the sports in which improprieties are often alleged is boxing. Some people allege that professional boxing rankings are corrupt and that phony mandatory challengers have led to rigged promotions, purse bids, and an unfair competition system. Promoters have been at the center of this controversy as they have allegedly leaked false stories to the media in order to get more and better offers from venues. Managers of fighters have also engaged in similar improprieties in promoting their fighters.
[0006] Engaging in these types of deceitful activities has hurt the credibility of the boxing industry and of other sporting industries that engage in similar practices.
[0007] The present invention incorporates various bidding methods to facilitate the organization, coordination, and promotion of competitive sporting events on a wide area network such as the Internet, interactive networks, and other communication means. The present invention also incorporates the system and method of gathering, processing, and searching information described in application Ser. No. 60/195,025 filed Apr. 6, 2000 (hereafter referred to as application Ser. No. 60/195,025).
[0008] One embodiment of the invention deals with made fights. Made fights are matches where two fighters agree to fight each other. Normally, the two fighters have also agreed on the purse. The purse is the prize money given to the fighters. In this embodiment, a promoter puts together a fight and then auctions the fight to the highest bidder. This embodiment may include an auction between a promoter and a venue, a promoter and an advertiser, or between the promoter and anyone he or she chooses to solicit. The two fighters may also bid their made fight to a promoter, venue or advertiser. This embodiment provides fighters with a worldwide market and will likely lead to more offers from venues and promoters.
[0009] Another embodiment of the invention deals with purse bids. In one version of the purse bid embodiment, one fighter challenges another to a fight. The challenger tries to entice the challengee to accept the offer by offering an attractive purse. Before accepting the challenge, the challengee may put the challenge up for bid. The winning bidder would then have a made fight and could then transfer the fight to the made fight embodiment of the invention to get bids from venues and promoters.
[0010] In another version of the purse bid embodiment, a promoter or venue may try to entice two fighters to fight each other by offering an attractive purse. For example, if the bidding party is a promoter, he or she bids for the right to promote the fight. If the bidding party is a venue, the party representing the venue bids for the right to host the fight.
[0011] One embodiment of the present invention creates new bidding models for competition with internal controls and independent audits designed to insulate the process from manipulation by those with financial interests. The system of the present invention is founded on free agency, market forces, and honest arms-length deals. Promoters and other buyers of boxing entertainment will be able to bid a number of ways, including a reverse auction type bid where they can specify the fights they want by weight class, number of rounds, etc., and boxers meeting that criteria can compete to offer the best price. Promoters can sort these offers in a variety of ways for evaluation.
[0012] Even world champions, ranked fighters and their management could benefit from an online marketplace where they can receive more offers from venues and promoters worldwide that would like to bid on their fights. One embodiment of the present invention provides an “auction house” for fights. A promoter who submits a purse bid must promote the bout within the terms of the offer as defined and agreed upon by the fighters management. For example, a well known fighter has ten possible opponents that have the marquee value which will contribute significantly to the pay-per-view buys or television ratings and the live gate. There are hundreds of promoters and venues in scores of countries that could bid on a fight featuring this famous fighter. Each bid would vary depending on the proposed opponent. Some venues might wish to make a lucrative bid to feature the famous boxer fighting practically any other fighter. Other venues would be more discretionary in their bidding. At a website operating in accordance with the present invention fighters and their management will be able to sort the many bids in a variety of ways. The website could be called, for example, PurseBid.com.
[0013] Under the present “prior art” system, promoters first “lock up” a fight under a promotion contract or option with one fighter and an option with a prospective opponent. They then shop the fight around. They frequently use the media to “leak” false stories about negotiations or venue offers which are on the table. This strategy works to get more and better offers from venues in play. Managers of fighters attempt to do the same when they shop their champion to promoters. This, too, is nothing more than a deceptive auction process with the bidders not knowing the validity of the other offers. Promoters also try to use long-term promotion contracts with various options in an attempt to eliminate or reduce a manager's future negotiating leverage.
[0014] PurseBid.com could make available to famous fighters and other “marquee” fighters an online matchmaking service which will get them offers for the various fights listed on their own Webpage on the website (i.e. Page of Challenges) from all the promoters and stadiums and venues in the world, in effect, a promoter/venue-fight matchmaking service. It could be called the Promoter/Venue Bidder's Page where each venue or promoter can bid and compete for hosting a big event, such as a Mike Tyson fight.
[0015] Fighters could also have a Television Bidder's Page of offers to televise their fights. Another Webpage (e.g. GreatFightsOnline.com) will collaborate with the bidders desiring to televise a fight. Like promoters, television companies sometimes use the contract terms to try to reduce or eliminate a manager's or promoter's future negotiating leverage. Similar to the venues, PurseBid.com will present to the television companies each of the challengers so they can see the other party's bids and determine which fights they want to bid on and what they are willing to pay.
[0016] In prior art systems, the promoters can unduly influence or manipulate the process using media leaks, false and misleading statements about what others are willing to pay, and by offering only a limited number of venues and/or television dates with which to work. The present invention will offer a broad market under an open bidding auction process and make all the relevant information available to the fighter, so he or she does not have to depend on the integrity of his or her manager or promoter. A website such as PurseBid.com will add significant value to everyone concerned with marquee fighters and let each venue and television company know what the others are bidding for fights. They will be able to challenge and increase their bid just like an auction. Online offers and contracts will be valid with new software and Federal legislation concerning electronic contracts.
[0017] Additionally there may be a fighter's matchmaking page for advertisers and sponsors that provides a means for bidding on advertising commercials and signage. Various types of advertising and sponsorship may be put up for bid. Advertising with commercials between rounds can be tailored on the Internet to each country and local advertisers can bid on these advertising rights for marquee fights. By increasing the number of parties bidding for television and other advertising for marquee fighters will increase indirect revenue. It will also reduce or eliminate the negotiating disadvantages of the prior art systems and establish greater market values. This auction process also reduces or eliminates the creditability [credibility]? issue of competing offers. With the advertiser's page at PurseBid.com, more sponsors and advertisers around the world are able to do business and can be considered as a potential source of revenue.
[0018] Sponsors may also bid for signage, the rights to have their names prominently displayed on a banner behind the ring and on the ring mat and comer pads. Signage has great publicity value. The universe and the value of the fights of all marquee fighters are greatly expanded through PurseBid.com's auction format for fights, venues, television, sponsors and advertisers.
[0019] Other embodiments of the invention show its broad appeal to a variety of sports. For instance, in one embodiment, golf promoters bid to entice certain golfers to participate in tournaments. This embodiment may work especially well with Skins games, where a few golfers participate in a tournament that awards money based on a golfers performance each hole, rather than on his or her entire round. A golf promoter may send out a bid to a golfer with details of the award money and any other benefits the golfer may receive from participating in the tournament.
[0020] Another embodiment of the invention applies to tennis. For instance, two tennis players may decide they want to play in an exhibition match for money. The two tennis players can auction their match over the Internet to various promoters or venues.
[0021] The present invention is not limited to the sports or competitions in the examples given. Any competitor may benefit from the invention. A competitor may induce bids from various agents in making his or decision on which agent to accept. This would give the athlete more leverage in obtaining an agent.
[0022] Any embodiment of this invention may include various transaction fees. Such transaction fees may be charged to any of the parties during the bidding process.
[0023] This invention offers more open and complete disclosure than the prior at. For instance, fighters can more easily compare bids between promoters, venues, or advertisers during the bidding process. In the case of a purse bid, once accepted, the bidding party is bound to the terms of the agreement.
[0024] These and other features and advantages of the invention will now be descried with reference to the drawing of certain preferred embodiments, which are intended to illustrate and not to limit the invention, and in which:
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[0033] The present invention may be embodied in other specific forms without departing from its spirit or essential characteristics. The described embodiments are to be considered in all respects only as illustrative, and not restrictive. The scope of the invention is, therefore, indicated by the appended claims, rather than by the foregoing description. All changes, which come within the meaning and range of equivalency of the claims, are to be embraced within their scope.
[0034] Embodiments of the present invention may be used in many different sporting industries. Described herein are embodiments of the present invention as applied to boxing, golf and tennis. While embodiments of the present invention may be used in many applications, applications to the boxing, golf and tennis industries are thought to be illustrative of many of these embodiments and are used herein as non-limiting examples of these embodiments. Relative to these three industries, the users of the present invention may include, without limitation, boxers, golfers, tennis players, promoters, agents, managers, trainers, fans, hotel-casino properties, television producers and broadcasters, arenas, venues, matchmakers, booking agents, consumers, and many others who coordinate, arrange, and are involved in related sporting events.
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[0036] In reference to
[0037] Web site
[0038] In operation, a user accesses Web site
[0039] As further illustrated in
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[0041] Referring again to
[0042] In other embodiments of the present invention boxers are capable of challenging or accepting a challenge of another boxer to a fight. Therefore, it becomes necessary to store the boxer's challenges somewhere within the system. Consistent with the previously described structure, the present invention incorporates a proposed match database
[0043] A further embodiment of the present invention is an accepted match database
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[0048] The present invention is especially advantageous to Marquee fighters. Allowing Marquee fighters to accept bids related to their fights from challengers, promoters, venues, sponsors, and others creates a more open market for the organization and presentation f a boxing match with a Marquee fighter. A more open market should in turn provide for a better and more lucrative sporting event.
[0049] In
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[0052] The present invention is not limited to use with the examples of competitive events listed above. Other types of competitive events include Adventure Racing, Airsoft, Archery, Auto Racing, Badminton, Baseball, Basketball, Biathlon, Billiards, Board Sports, Boat Racing, Bobsledding, Bowling, Boxing, Bullfighting, Camel Racing, Canoe Polo, Canoe-Kayak Racing, Cheerleading, Cockfighting, Cricket, Croquet, Curling, Cycling, Danball, Dog Racing, Dogsledding, Equestrian Events, Extreme Sports, Fencing, Fishing, Flying Discs, Footbag/Hacky Sack, Football, Golf, Gymnastics, Handball, Hockey, Horse Racing, Hurling, Jai-Alai, Kabaddi, Kickball, Korfball, Lacrosse, Luge, Lumbering, Martial Arts, Motorcycle Racing, Mountainboarding, Netball, Orienteering, Paddleball, Paddling, Paintball, Pickleball, Polo, Racewalking, Racquetball, Ringette, Rodeo, Rounders, Rowing, Rugby, Running, Sailing, Sandboarding, Sepak Takraw, Shinty, Shooting, Skateboarding, Skating, Skeleton, Skiing, Skydiving, Snowboarding, Snowmobiling, Soccer, Softball, Squash, Surfing, Swimming and Diving, Table Tennis, Tchoukball, Tennis, Track and Field, Triathlon, Tug-of-War, Twirling, Volleyball, Wakeboarding, Walking, Water Polo, Waterskiing, Weightlifting, Windsurfing, Winter Sports, and Wrestling.
[0053] The present invention could be used in other competitive events unrelated to athletic, such as competitive games, performing arts, and any other type of competitive event.
[0054] The present invention may be embodied in other specific forms without departing from its spirit or essential characteristics. The described embodiments are to be considered in all respects only as illustrative and not restrictive. The scope of the invention is, therefore, indicated by the appended claims, rather than by the foregoing description. All changes which come within the meaning and range of equivalency of the claims are to be embraced within their scope.