DECEMBER 8, 2009
Chess Wants Sponsors as Mates

By JONATHAN CLEGG

In an age when niche sports such as darts and poker have managed to attract a mainstream following, chess fans are wondering why there has been so little attention devoted to the London Chess Classic, which begins today and has been billed as the strongest tournament in the U.K. in 25 years.

Sellout crowds are expected across the five days at the Kensington Olympia, while more than a million enthusiasts will follow the tournament online, with six-figure audiences expected to follow for the much-anticipated showdown between former world champion Vladimir Kramnik and newly crowned world No. 1 Magnus Carlsen, a 19-year-old Norweigan whose prodigious talents have seen him hailed as the Mozart of chess.

The meeting of a giant of the sport’s past and its leading light of the future has generated serious buzz in online forums world-wide, but it has so far failed to generate big money.

Although a group of private investors has agreed to sponsor the London Chess Classic, the purse of €100,000 ($148,520)—a record for a British tournament—is indicative of the sport’s struggle to translate its popularity into cash.

Corporate sponsorship has proved elusive, while lucrative endorsement deals are rare, even for the sport’s leading stars. Last year, Mr. Carlsen spent 200 days on the road playing and earned roughly $250,000 after expenses, his father says.

Those earnings will increase following his rise to the top of the rankings, but even for the world’s leading player, it is clear chess can’t compete with the riches on offer in mainstream sports. Even more galling for chess organizers, it now fails to generate the revenues of other “mind sports.”

While the winner of this month’s World Chess Cup will receive $120,000 in prize money, this year’s World Series of Poker champion pocketed about $8.5 million.

“Chess has simply failed to tap into its enormous potential: We have too many people shooting ourselves in the foot, or in the head if you like, and we’re not enough progressive enough as a sport,” says Nigel Short, a former world championship challenger and current British No. 1.

He blames the International Chess Federation, known by its French acronym FIDE, for failing to leverage the sport’s enormous global reach. With 158 member nations, FIDE is the second largest world-wide sporting organization after FIFA, the governing body of world football.

“At the grassroots level, chess is huge but on the top level it doesn’t translate into anything,” Mr. Short says. “There are hundreds of millions of chess players around the world, so the money’s there, but FIDE has failed to put chess in the mainstream.”

Here is the full article.

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