I Know Everything
Chapter 560 Huge Sponsorship Contract!
Kupchak's idea of contract extension did not come true, but Vatnader's wish to sign was fulfilled.
Early the next morning, Adidas announced to the media all over the world that they had signed a huge sponsorship contract of 100 million US dollars for five years with Shen Huan.
Shen Huan will become Adidas' global full-sports brand spokesperson.
On the top of their press release is a picture of Shen Huan and Adidas North America President Watnader smiling while holding a signing contract.
In the later details, they also announced that if Shen Huan wins the finals championship and FMVP this year, then the contract will be renewed immediately for 5 years and 100 million.
They didn't announce the terms of converting Fermat's last theorem into a lifetime contract, because they thought it was too early.
As soon as the news came out, the whole world was in an uproar.
Not because it is too high, but because it feels too low.
Well! ?
too low! ?
right!
It's just too low!
Before LeBron James entered the NBA, he signed a 7-year, $90 million sneaker contract with Nike.
At that time, although James was hailed as the next NBA superstar, he had not passed the test of the NBA game after all.
Even so, Nike is willing to give him a huge contract of more than 12.5 million US dollars a year, and it's just for sneakers!
For the sports equipment such as the clothes on his body, James can also sign other sports brands!
What about Shen Huan?
Shen Huan has played two convincing NBA playoff games, and he has perfect dominance.
He has conquered countless fans and experts with his defensive, offensive, breakthrough, passing, dunking, blocking shots... and other skills.
Everyone knows how great Shen Huan's future is.
As long as Shen Huan continues to play like this and wins the finals championship and FMVP at the age of 17, Nike can immediately give him a super contract of 200 million US dollars for 5 years!
And it's just for sneakers!
Now what about Adidas?
Not only did they lock in Shen Huan with 200 million US dollars in the next 10 years, Shen Huan also became the spokesperson for all their offline products, such as clothes, pants, and even socks and hats.
This is obviously a bit of a loss.
Not to mention that there is a Huaguo market with a population of 1.5 billion behind Shen Huan, which is even more fat!
I really don't know why Shen Huan is in such a hurry, wouldn't it be better to wait?
Only Kobe and Iverson know that Adidas has really paid for this contract in general.
Shen Huan will never play in the NBA again, so this year will be the last year of his sports career.
Adidas is willing to offer a 10-year, 200 million dollar contract for Shen Huan, a player who has only played for two months. Do you think it is too big?
It can also be seen that Adidas must also be considering the Huaguo market behind Shen Huan.
After all, the two of them also knew that Shen Huan was very popular in China, and it was said that he still had great achievements in songwriting.
There are tens of millions of fans.
Having said that, it's no wonder that Adidas has signed the spokesperson contract of all its sports brands. Isn't this equivalent to signing an idol star?
Kobe and Iverson are still very reliable.
Adidas' Watnader also kept his promise and did not say that Shen Huan would no longer play in the NBA.
Therefore, those major sports brands who are infinitely optimistic about Shen Huan's future regret it.
From their point of view, Adidas had placed a huge bet and dared to sell such a large contract after only watching Shen Huan's two games, but overall, this contract could not lose money at all.
With Shen Huan's animal-like physique, it is impossible for him to be a short-lived figure.
No matter how much talent is squandered, Shen Huan's peak period is at least 5 years, and it should be 10 years if it is a little normal.
Originally, big brands like Nike, AJ, Reebok, Under Armour, and Puma were all eyeing Shen Huan.
They are now starting to test, and are going to see how they can get Shen Huan's contract.
Unexpectedly, the first step was not successful, and Adidas had already stepped on the finish line of victory.
In this regard, AJ's first dividend owner, Boss Qiao, has a lot of opinions.
During the interview, Boss Joe expressed his views.
Many people have been asking me recently, have they ever taken a fancy to Shen Huan?
My answer is yes! He was the first one to come to my training camp. I fell in love with him immediately and was willing to offer him a contract.
But he told me that he loves learning, loves science, and doesn't want to play basketball. I was stunned at the time, but now I know that this kid lied to me.
You always say that I have bad eyesight, but Shen Huan was indeed my first favorite. It's just that he did go back to Huaguo to go to school and didn't play basketball, so we missed it.
Now that he's playing for the Lakers, I won't say anything. But for the endorsement contract, I want to tell this guy, you are wrong! AJ is your best destination! Only we can make you reach commercial value peak!
Boss Joe is really not bragging.
Although the AJ brand is a sub-brand of Nike, its overall basketball shoe sales account for more than 60% of the market share in North America, which is more than Nike and Adidas combined. Do you think it is scary?
The best players should cooperate with the best brands. There is nothing wrong with this statement.
However, if Boss Qiao knew that Shen Huan would not continue playing basketball, he might just turn around and leave without saying a word to Shen Huan.
Don't doubt, the god of basketball is such a reality in reality.
Pensive, stingy, greedy, domineering...these are all the special words of the boss, and there is no problem at all if you use it on Boss Joe.
Fortunately, AJ is not his, otherwise he would not be able to recruit so many good players as endorsements.
You give so little and ask so much, why?
Just like his own Hornets, why are the results not good, why can't good players be retained, doesn't Joe have any points in mind?
Americans feel sorry for Shen Huan here, but Huaguo is different.
It should be said that in China, Adidas and Nike are still inseparable.
And Adidas already has 100 million U.S. dollars in 5 years, which is 700 million yuan, an average of 140 million yuan a year!
How many songs do you have to write and how many top-notch albums you make to earn it?
All the artists in China, including those in the film industry, even Chen Hao, who can make the most money, can't reach this level, right?
The people who eat melons are full of emotion for making so much money from the Germans.
Tsk tsk, let's see! Teacher Lu has gone to the international arena, and he is so successful! This makes a person like me who earns 3,000 yuan a month, how can I feel so embarrassed?
Don't say it's you, I, the middle class paid by Po with an annual salary of 5 million, are also envious and jealous! I can't earn that much after working for 100 years!
Doesn't this mean that Miss Xiaofeng is very powerful? The youngest owner of a super-large contract in the world, this is to bring glory to us Chinese people!
That's right! I'm in the United States, you don't know how crazy the American people are now! They love Miss Xiaofeng too much!
Sister Xiaofeng has money for charity again, and I look forward to his coming back to do good deeds again!
Hey, I said, how did you come here to kidnap the people above you? What's wrong? Before they said anything, you decided to use it for Xiaofeng? Who are you? You have a big face?
Exactly! Why? They use the money they earn themselves, and they can do whatever they want! Although I don't like stingy young people, I have absolutely no complaints about Xiaofeng, who has almost donated 100 million without money!
Some people just don't want others to be better than themselves, and they always want to kidnap others into a saint, and then slander them crazily if they can't achieve it! Sorry! Now is the Internet age, and we all have the best way to receive information , won’t be fooled!”
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