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District reviews PowerAd proposal to fund new gym scoreboards in exchange for a decade of advertising rights
Summary
Representatives from PowerAd described a proposal to fund two gym scoreboards, shot clocks and a protected 85-inch display for Jersey Shore Area SD in return for a 10-year advertising agreement and a revenue split; board members asked for clarification on revenue shares, warranties and local sponsor disclosure.
Representatives from a private vendor called PowerAd presented a proposal to the Jersey Shore Area School District on Sept. 8 to fund new gym scoreboards, two shot clocks and a protected 85-inch indoor display in exchange for advertising rights in the district’s gymnasiums.
PowerAd’s presenter said the company would secure sponsorship dollars from businesses, buy the equipment once sponsorships were sufficient and manage the advertising sales and artwork. The written proposal attached to the board packet describes a 10-year agreement that would give PowerAd exclusive advertising rights for that project during the contract term and a proposed 50/50 split of sponsorship revenue between the company and the district.
The proposal would supply two Fair Play scoreboards, two shot clocks and a protective indoor TV display. PowerAd said the district would own the equipment once delivered and that the company would handle fundraising, ordering and artwork. The only expected district out-of-pocket cost cited in the…
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