Study: GM's Corvette gift to Armando Galarraga
worth $9million in media exposure
The decision by
General Motors Co. to give a $53,000 Corvette convertible to Detroit Tigers
pitcher Armando Galarraga the day after his perfect game was botched by an
umpire was worth $8.9 million in media exposure value for the automaker, a
new study shows.
Ann Arbor-based Joyce Julius & Associates Inc., which specializes
in measuring sponsorship scope across all forms of media, said the give-away
was referenced in 714 television programs between Thursday and Sunday, which
was worth nearly $1 million in exposure.
The give-away also appeared in 151,000 publications and web entries in that
time, worth another $7.9 million, Joyce Julius said.
General Motors, which returned as the Comerica Park fountain sponsor after a
one-year hiatus because of bankruptcy-fueled marketing cutbacks, did not
commission the report.
“We were not contracted to do the study. We often look at national level
happenings in sponsorship and provide that information to all of our clients
and the media,” said Eric Wright, Joyce Julius’ vice president of
research and product development, in an e-mail to Crain’s.
The report comes after skepticism of the decision to give the pitcher the
car emerged.
“Until G.M. has repaid the taxpayers in full for the money they have
borrowed, every action that G.M. takes should advance them in that
direction,” Kurt Bardella, a spokesman for U.S. Rep. Darrell Issa, R-Calif.,
told the New York Times on June 4.
Issa and others also criticized General Motors in May because of a
television commercial claiming it had paid back its government loans, which
actually had been paid with other government-supplied funds.
The U.S. government still owns 61 percent of the automaker...