Chapter 803: I've Decided!

Hearing this, Chen Feng couldn't help but be surprised. Pen % fun % Pavilion www.biquge.info

"Tsk." Smith smacked his mouth and said, "I didn't expect underarmour to be willing to do this, if you renew your contract with underarmour at that time......"

Smith didn't say the rest, because Chen Feng understood it even if he didn't say it.

As we all know, Curry has brought huge benefits to underarmour, with the rise of Curry, the Warriors won the championship, his popularity has skyrocketed, and with his popularity, the underarmour brand has also been promoted to the world.

However, Underarmour's 13-year contract with Curry is only $4 million per year, which is certainly unfair to Curry.

So, in September '15, underarmour and Curry re-signed a contract, the specific contract details, the amount was not disclosed, but definitely more than the previous 4 million per year.

And that's not the point, the point is that there is another clause in this contract - equity transfer.

In other words, Underarmour will give Curry a part of Underarmour's shares, and Curry will not only be the spokesperson of Underarmour, but also one of Underarmour's shareholders.

There is no way to know how much this stake is, and Underarmour and Curry have not disclosed, but it is conservatively estimated that it is worth at least hundreds of millions of dollars.

And it's not a contract of a few years, a ten-year contract, but a share, which is permanent. With the current market value of underarmour worth hundreds of millions, in a few years, ten years later, this equity will inevitably appreciate and can benefit permanently.

So although the details are not known to the outside world, Curry will definitely not get less from this contract than Durant will get from Nike.

Now underarmour has even proposed that if they renew Chen Feng's contract in the future, they can follow Curry's new contract. In other words, if the contract is renewed in the future, they will probably give Chen Feng a part of the equity, even if it is only a few tenths of a percent, it will be a huge amount of money!

For anyone, not even the NBA's superstars these days, it's almost pie-in-the-sky.

What's more, Chen Feng is still a rookie!

After the initial surprise, Chen Feng quickly calmed down, thought for a while, and asked Smith: "Do you have any other requirements from underarmour?" ”

"Nope." Smith replied.

"underarmour......" Chen Feng muttered again, with some emotion in his heart.

Maybe this is the difference between dark horses and giants, like Nike and Adidas, they have a long history, a strong heritage, and a global reputation, and they are out-and-out giants. It is precisely because of this that they also have innate arrogance and domineering.

When Yao Ming was in the CBA, he signed a 4-year endorsement contract of 200,000 US dollars with Nike, and in 2003, when facing a contract extension, Nike was only willing to give Yao Ming a 4-year ultra-low new contract of 1.6 million US dollars.

Moreover, at that time, Yao Ming had basically gained a firm foothold in the NBA, and he had also proved himself, and his data was steadily improving, which was the time for everyone to watch.

At that time, Nike was only willing to give a four-year $1.6 million offer, while at the same time, Nike offered LeBron James a seven-year, $90 million super contract, and in comparison, their contract offer to Yaoming was like sending a beggar away.

Nike believes that Yaoming's new contract has increased by 8 times compared to the old contract, which is enough, which shows their arrogance and domineering.

In this regard, Yao Ming was naturally enraged and decisively rejected the contract.

What is funny is that when Nike realized that Yao Ming was provoked, they immediately changed their faces, from the previous arrogance to humility, and offered Yao Ming a 7-year sky-high contract of up to 120 million US dollars, hoping to keep Yao Ming's heart.

But it is not difficult for them to know that their attitude of being condescending and deferential made Yao Ming even more disheartened, and directly rejected the sky-high contract, and instead signed a 7-year contract of 50 million US dollars with Reebok.

One is 120 million and the other is 50 million, a difference of 70 million, but Yao Ming did not hesitate at all, in his opinion, Nike's condescension is more like an insult to him.

From this example, it can be seen that giants have the benefits of giants, but they are not necessarily perfect.

In contrast, underarmour is more like a dark horse, but people are willing to spend money for its players, not stingy at all, from the 14-year $320 million to poach Durant, from last September, signed a new contract with Curry that includes part of the shares, these can be seen.

Similarly, this can be seen from the contract given to Chen Feng by underarmour, they are not stingy with money, if you are good enough, you will get more than you think. At least, more than you can get from Nike or Adidas.

After thinking for a while, Chen Feng picked up the contract between Nike and Adidas again, and as for Airjordan, Chen Feng didn't think about it anymore.

You have to choose one of several companies, and you can only choose one, so there are bound to be trade-offs.

Smith looked at Chen Feng and didn't interject, he was just an agent who could help Chen Feng analyze, but he couldn't make decisions for him, and in the end, Chen Feng still had to come.

This time, Chen Feng thought for a little longer, and it took him more than ten minutes before he put down the document in his hand and said to Smith: "Smith, I have already made a decision. ”

"Oh." Smith's eyes lit up, "Which one do you choose?" ”

"Under Armour." Chen Feng said, "Compared with Nike and Adidas, Underarmour is not so influential and promoted in the world, but I am very optimistic about Underarmour, and I think that in the future, Underarmour may surpass Nike and Adidas." ”

"I think so too." Smith laughed.

The signing of Underarmour is also what Smith wants to see, because the conditions offered by Underarmour are too hard to refuse, too tempting.