Showing posts with label Walking Advertisement harder or easier?. Show all posts
Showing posts with label Walking Advertisement harder or easier?. Show all posts

Monday, May 17, 2010

LeBron James

The most anticipated free agent will be available July 1. Why is LeBron James (LBJ) so valued to a team? Well not only because of the superior chance to win the NBA title but also revenue. According to Fortune Magazine article in 2007, LBJ ooverall has about $170 million in sponsorship deals. In this figure is the $90 million from Nike, $15 million from Coke, $6 million from Upper Deck, $4.5 million from Bubblicious, and $7.5 million from Cub Cadet. An MSN deal included $3 million upfront, and the partners will soon begin a phase in which Microsoft and LRMR will share advertising revenues sold on MSN's LeBron site - 60% for LRMR and 40% for MSN. This guy pretty much is a walking living advertisement. So if you are the marketing director for whatever team LBJ signs with, did your job become much easier or much harder?