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Fortune
Fortune
Sheryl Estrada

Capital One’s MLB partnership is turning fan experiences into long-term customer value

(Credit: Courtesy of Capital One)

Good morning. Sports sponsorships have evolved far beyond logo placement. For companies like Capital One, this includes using exclusive experiences and cardholder perks to turn fans into long-term customers.

During Major League Baseball’s All-Star Week in Philadelphia, I spent the day at Capital One’s All-Star Village, where the company took over roughly 500,000 square feet at the Pennsylvania Convention Center with activations ranging from youth baseball drills to early access for Capital One cardholders and premium experiences for Venture X Business customers. The festival atmosphere—complete with food vendors, player tributes, and photo ops with mascots—helped draw 111,616 attendees over the four-day period, July 11–14, the event’s highest level since 2022, when it was held in Los Angeles, according to MLB.

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