The NBA System Urges Me to Spend Money

Chapter 98: Twenty% dividend, not tempted?

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   After finishing the Staples Arena game, the Heat will fly to Phoenix by special plane overnight. They will rest in Phoenix for one night, take another day and challenge the sun.

   The time is relatively short. It was already three o'clock in the morning when the Heat arrived in Phoenix. After entering the booked hotel, the exhausted people fell asleep directly, even Qin Xiong, who was always energetic.

   It is very painful to challenge the opponent back to back continuously, not only in physical fitness, but also mentally.

   I sleep until I wake up naturally.

   When Qin Xiong woke up, it was the point where Phoenix City watched the sunset. He got up, opened the curtains, and stood by the window to admire the world-famous sunset view of Phoenix.

   Phoenix is ​​a desert city. There is a shortage of water resources but a large population. As the capital of Arizona, the population of Phoenix ranks among the top five in the United States.

   After watching the sunset for a while, Qin Xiong didn't find it interesting. Wang Wei's "Lonely Smoke in the Desert, Sunset over the Long River" is very beautiful, but Qin Xiong would not appreciate it. And in the city center, there are row upon row of tall buildings around, there is no "solitary smoke" at all, the sunset is very round!

   After a brief wash, I went straight to the restaurant for dinner.

   In the restaurant, Schwarz arrived soon after Qin Xiong arrived.

   "Hey, Jeff? Why are you here?"

   Jeff smiled and greeted the other Heat players, then sat down beside Qin Xiong, and whispered: "After dinner, we will go to a quieter place to talk."

   Qin Xiong nodded, slowly greeted his teammates and assistant coach Spoelstra after eating breakfast, and followed Schwartz to a quiet conference room.

   "Why are you here? Didn't the negotiation go smoothly?"

   Schwartz shook his head: "It's not that it's not going well."

He poured a glass of water for Qin Xiong, then took a glass of red wine in his hand, took a sip, and said, "Your performance will be seen by those guys, but your conditions are too harsh... …"

"Ok?"

   "They think that the market cannot accommodate your contract. Your main market is China. After all, China is not a developed country like the United States, and its purchasing power is much lower than that of Europe and America..."

   Qin Xiong is noncommittal.

   Although China is not a developed country, the population base is there. Moreover, China's economy has been growing rapidly in recent years. With the increase of wealthy people, the purchasing power is definitely not low!

   Take Qin Xiong's family as an example.

   When he was young, his parents were industrial workers. After being laid off, they succeeded in starting a business. A pair of sneakers is nothing to the child. And as far as Qin Xiong knows, there are many families like his in China, especially in coastal areas, where the purchasing power is not bad at all.

   Of course, what Schwartz said is actually correct. At this time, the average monthly salary in China is only a little over 1,000 yuan. The general public will not support Qin Xiong with a month of hard-earned money. After all, they have to eat!

   Qin Xiong was silent.

   He feels that his performance in the NBA is worth the price, but the market capacity is not enough. What can he do?

   Unless... Squeeze Jordan's sneakers out of the market?

That's impossible!

   The Jordan brand has been operated by Nike for nearly two decades, and it has so many roots that it is impossible for Qin Xiong to squeeze it out of the market in a short period of time.

   Jordan can't do it, it's a good goal to achieve players. As long as Qin Xiong can beat the crowd, it is not a problem to get enough sales on sneakers, but it can't match the conditions he put forward!

   "Actually, Nike also proposed the establishment of a sub-brand..." While Qin Xiong was silent, Schwartz suddenly threw out his assassin.

   "Oh? What do you say?"

"It's that you bought shares with Nike and established a brand similar to AJ." Schwartz explained: "They can't meet your conditions, they can only tie you to the tank in this way... , Both sides will lose everything and both will be prosperous, sharing the risks together."

   "Aren't AJ separated from Nike just this year?" Qin Xiong was puzzled: "Michael originally had 4.5% of the shares in Nike. How could he agree to separate AJ separately? How big is the loss?"

   The separation of AJ from Nike has had a great impact this year, and the media had reported on this matter. It is said that although Michael has no shares in Nike, he can get 2/3 dividends from AJ's net profits every year.

   2/3 of the dividends are tangible cash, not Nike shares similar to fixed assets. At this moment, although Nike is pushing Adidas in North America, due to the impact of the economic crisis, Nike’s stock price has not been satisfactory. It is not incomprehensible for Joe’s leader to convert fixed assets into cash income.

   And the entanglement is too deep, and Qin Xiong can't figure it out.

   Schwartz could not answer Qin Xiong's question. He is just an agent, not a capital player. Where does he know the inside story?

   "By the way, if you cooperate to establish a sub-brand, what conditions can Nike offer? Can it match Michael?" Qin Xiong asked.

   Schwartz laughed blankly, how is this possible?

   "The reason why Michael was able to get 2/3 of the AJ dividend was mainly due to the exchange of shares in Nike. We don't need to think about such a good thing. It is impossible at all..."

   After a pause, Schwartz continued: "Nike promises to give you a 20% dividend, UU reading www.uukanshu.com also promises to update sneaker technology every year, so that your exclusive brand will always be at the forefront of fashion and technology..."

Uh!

   "Is this Nike's bottom line?" Qin Xiong asked, "20% looks pretty good, but what do you think, Jeff?"

   Schwartz didn't speak.

  If Qin Xiong was just a general star, he would have advised Qin Xiong to sign as soon as possible. After passing this village, there would be no such shop.

   Exclusive brand, 20% dividend!

   Even LeBron is not treated like this!

   Is Qin Xiong an average star?

   In the past game, Qin Xiong almost single-handedly overturned the Lakers F4 when his teammates were exhausted. He scored 64 points and was 60+ in six consecutive games!

   Is this data that ordinary stars can get?

   However, the 20% dividend is indeed Nike's bottom line. In any case, Qin Xiong is just a rookie, no MVP, no championship ring, and has not proven his market value.

   Nike is sincere enough to be able to take out a 20% dividend.

"Ok!"

Seeing Schwartz's silence, Qin Xiong smiled: "Except Nike, what about other companies' bids? Adidas has gradually been eroded by Nike and other brands in the basketball market in recent years. They need a leader who can compete with Nike stars. Character?"

Huh?

   Schwartz gave Qin Xiong a surprised look, but he didn't expect Qin Xiong, a rough guy who played basketball, to understand this.

   Seeing Schwartz was surprised and Qin Xiong smiled triumphantly. He is a high-achieving economics student at Creighton University. Although he has graduated, the relationship is still there. And he is the pride of Creighton University, so it's okay to let the teacher do him a small favor.

  Of course, the money must be in place.

  

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