Super Role Player
Chapter 53: Endorsement contract
(Yi Wen took a look. It seemed that there were a lot of rewards yesterday. Thank you for your rewards from Kanquan, Peng 7∑, Coop, Xincheng Old Love, Chu Ha Yixin, etc., let’s not talk about the specifics. Today Three shifts, thank you.)
Early in the morning on the 23rd, Ivo Clark came.
Compared to the draft, Anxi has no idea to replace Ivo Clark, and now Ivo Clark is also a poor man. Another client in his hand, Tristan Thompson, was poached by Rich Paul...
This also goes to the beginning of the season. As LeBron James’ agent, Rich Paul announced his resignation from CAA, raised LeBron James’s tiger flag, and became independent, while Ivo, who has been close to Rich Paul, has been walking very closely. Clark was naturally cut into the corner. Tristan Thompson became the second customer of Rich Paul's new company. Poor Ivo Clark could only watch Tristan Thompson switch to Rich Paul.
In this way, Ivo Clark, who only has Anxi in his hands, also chose to leave CAA. After all, he can save a lot of money by doing it alone. Anxi is now only a second-round rookie and can't make much money. Staying in CAA, I guess Iwo Clark will be ashamed.
Of course, there is good news for Ivo Clark. For example, Anxi's sneaker contract is impressive. Because of the outstanding performance during this period, Nike, Adidas and Under Armour, including domestic Li Ning have all expressed their intention to sign. , And this time Ivo Clark came here to discuss the shoe contract with Anxi.
Anxi got up early and the Spurs rested in the morning, so he had one morning to discuss the shoe contract with Ivo Clark.
"Sit, have you had breakfast, Ivo?" Anxi made breakfast and sat down to eat.
"After eating, don't be so polite, Ann, let's just start, you still have a game in the afternoon." Ivo Clark sat opposite Anxi, spread out a lot of documents, and saw Anxi nodding, he began to say.
"At present, I have received three quotations for sneaker contracts, and Zhang Mingji has received one. I have Nike, Adidas and Under Armour, and Zhang has Li Ning."
Anxi nodded, the quantity is quite large, but I don’t know what the bid is like: "Go ahead, what price did they offer?"
"The three companies here in the U.S. give cash contracts..."
"Cash contract? What do you mean." As soon as Ivo Clark was about to continue, Anxi interrupted him. It was because Anxi didn't know much about the sneaker contract market, so when I heard the phrase cash contract, I had some doubts.
"Uh, the cash contract is a kind of sneaker contract. There are generally three types of sneaker contracts. The commodity contract is a sneaker contract that can be signed by NBA bench players. There are no other requirements and obligations. You only need to wear the other brand's sneakers. The bid for this kind of contract is generally not too high, within $100,000." Ivo Clark thought for a while and continued. "The cash contract is the contract given by these three companies. The difference between him and the commodity contract is that the price given is high enough, usually reaching six or seven hundred thousand US dollars a year, and it contains many bonus clauses."
"The third type of sneaker contract is the signature sneaker contract. This is a contract that big-name players can sign. At present, there are no more than 15 players in the league who have this type of sneaker contract. I don't need to introduce this kind of contract, right?" Ivo Clark After looking at Anxi again, Anxi nodded. Naturally, Iwo Clark did not need to introduce the signature sneaker contract. Before, Anxi thought that ordinary sneaker contracts were all signed sneaker contracts!
"The realization contract can also be used to produce signature sneakers, but that is one of the reward clauses. The contract provided to you by Nike is a 7-year contract of 7 million U.S. dollars. It is flat, and the annual average is 1 million. The price is high, but there is no incentive clause."
Anxi frowned. The 7-year contract is too long and there is no incentive clause. This contract is basically passable. This is the condition given by Nike. This condition is really harsh, but considering that this is Nike, the next few bids may be lower.
"Adidas' bid is 3 million in 5 years, with an average annual rate of 600,000. There is a bonus clause. The bonus clause is that if you are selected for the best rookie team, you can get a bonus of 1 million US dollars."
Anxi's brows have deepened, with an annual average of 600,000, which is a lot lower than Nike. As for the reward terms, Anxi is even more distracted. Only when he is selected for the rookie lineup can he get 1 million. To be honest, Anxi is about whether he can be selected. The rookie lineup really has no confidence. Even if he has this strength, he will not have this life. After all, his team is the Spurs.
"Under Armour’s bid is 3 million in 5 years, with an average annual rate of 600,000. There are reward terms. The reward terms include 500,000 US dollars for the best rookie team, 500,000 US dollars for the All-Star rookie game, and the expiration of the contract. The subsequent priority renewal bonus is 500,000 US dollars.” Under Armour has a lot of rewards, but Anxi cannot be satisfied with the contract period and average annual amount.
"What about Li Ning, what is their price?" Anxi thought, if it doesn't work, he will support domestic brands.
"Li Ning's bid is very high, maybe they have taken into account the factors of the Chinese market, their bid is a signed sneaker contract, the contract period is 5 years, 10 million yuan, an average of 2 million yuan, and a series of bonus terms, including being selected as the best rookie. The 500,000 lineup, 500,000 participating in the All-Star rookie game, they will also introduce you to your exclusive sneaker brand, in addition to a series of Olympic awards clauses, in short, the contract is very generous, almost reaching the level of NBA first-line stars. ."
Li Ning’s bid was very high. Anxi had already guessed a little bit earlier, but he couldn’t sign Li Ning just because of Li Ning’s high bid. Anxi must consider factors such as the lack of value of Li Ning’s brand and the low quality of sneakers, if not a last resort. , He would not choose Li Ning, even if Li Ning’s bid was high enough.
Anxi thought for a while, and after understanding it, he said: "Li Ning put it aside for now, and talks with the three companies in the United States. The contract period is up to 3 years. The amount is up to you. It doesn't matter what the award terms are."
Ivo Clark nodded, and he also thought of Anxi's consideration. Although Li Ning's bid is high, this brand from China does not even have a specialty store in the United States, and its sneaker technology is better than that of several major American brands. It is far worse. For long-term considerations, Li Ning really shouldn't be the number one choice. Then we can only talk about it again. According to Anxi's requirements, the number of years will be shorter and the future flexibility will be more sufficient.
"In addition, Ann, I have two endorsement contracts here, one is from China and the other is from San Antonio." Ivo Clark handed over two contracts, and Anxi hurriedly looked over them.
Since Anxi entered the NBA, it has only accepted a few endorsement contracts in San Antonio, including a local Chinese restaurant, a local fresh milk brand, and a tractor store. The three endorsements have made Anxi more than 100,000 U.S. dollars. Easy, now there are two more endorsements, which means income and dollars.
"One is an endorsement contract from China. China's Sina Weibo invites you to enter, and gives you an entry fee of 200,000 US dollars, and asks you not to enter Tencent Weibo and NetEase Weibo, you see?"
Anxi smiled. If he remembers correctly, the current domestic Weibo is in the period of the Three Kingdoms War. Sina, Tencent and Netease are fighting each other, that is, now, Sina will give the admission fee. Anxi can't even think about it. Head, this is free money.
"Also, do you know that there is a farm in the north of San Antonio? It is the solar farm. They want you to be an endorsement for them. The endorsement fee is $100,000. In addition, you can also have the right to open Patty on the farm for free."
"A farm? No problem, sign it, wait until I finish this back-to-back."
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