Chapter 1107: I Want to Change the Contract!
"Yes. Yu Qian smiled: "Then it's decided, 20 million US dollars for three years, and other aspects remain unchanged, I hope we can cooperate happily."www.biquge.info ”
"It was a pleasure to work with. Chuck laughed.
Immediately, Chuck asked the secretary and Vivien to go outside to re-agree to an agreement, and then signed it with Yu Qian, and the two sides reached an agreement.
There are also impartial personnel and impartiality at the scene, and the lawyer is also there, this contract can be regarded as officially established, Yu Qian became the spokesperson of Under Armour, and signed a three-year contract with Under Armour, with an endorsement fee of 20 million US dollars.
"Congratulations. ”
"Congratulations, Yu. ”
Yu Qian's agent team, Smith, LandmarkSports and others congratulated Yu Qian, as for Chen Feng, there is no need to be hypocritical, the relationship between the two is too good.
After negotiating the contract with Yu Qian, the next thing is Chen Feng's contract.
Because Chen Feng's contract is special and includes a part of the equity, it needs to be kept secret, and Yu Qian, Yu Qian's agent, and Vivian and other secretaries and assistants were all invited out of the conference room.
In the conference room, there were only a few CEOs of Under Armour, lawyers, and impartial personnel, as well as Chen Feng, Smith, and people from Landmarksports.
Chuck looked at Chen Feng and said with a smile: "Chen, you have already read the contract." This time, our Under Armour is full of sincerity, 50 million in 5 years, plus 0.5% of the company's shares. It can be said that in addition to Curry's contract, your contract is the highest price we have offered Under Armour. ”
"Hmm. Chen Feng nodded.
This is not Chuck bragging, this contract is indeed sky-high.
The endorsement fee of $50 million for five years is not the key, the key is that the 0.5% of the shares, calculated by Under Armour's market value of more than $13 billion, is almost $65 million.
Of course, it can't be exactly that way, because stocks are fluctuating, and over time, they may become more or less.
However, according to the current situation, the total amount of Chen Feng's contract has reached more than 100 million yuan, which is of course a sky-high price.
Although Chen Feng and Under Armour had agreed to add part of the company's equity after the contract renewal when they signed the contract last year, Under Armour's ability to take out 50 million, plus 0.5% of the shares, is enough to see their sincerity in this contract renewal.
In this regard, Smith and LandmarkSports are very satisfied, a big contract of more than 100 million, Chen Feng is only a second-year student, if it is spread, I am afraid no one will dare to believe it.
That is, Chen Feng, who has a huge Chinese market behind him, is also amazing, although he has only been in the league for more than a year, he already has the appearance of a superstar.
Otherwise, Under Armour would not have invested so much.
"How. Chuck looked at Chen Feng, "Chen, have you thought about it?"
"Think about it. Chen Feng nodded.
"Haha, okay, we'll sign now. Chuck laughed and said to Chris beside him, "Chris, where's the contract? ”
He was already a little impatient, signed this contract, and the first thing of the day was completed.
At this moment, Chen Feng was as motionless as a mountain, raised his hand, and said with a smile: "Wait a minute, Mr. Chuck, I haven't finished yet." ”
"Uh......" Chuck was stunned and looked at Chen Feng in amazement.
Chen Feng smiled: "I just said that I thought about it, but I didn't mean to sign this contract." ”
Chuck frowned, "Chen, I don't understand what you mean?"
Seeing Chuck's expression, Chen Feng smiled slightly: "Mr. Chuck, don't get me wrong, please don't doubt the sincerity of my cooperation with Under Armour." The reason why I didn't sign this contract was because I wanted it to be amended. ”
"Oh. Hearing Chen Feng say this, Chuck breathed a sigh of relief, at least Chen Feng was still willing to cooperate with Under Armour, "Chen, do you think the contract endorsement fee is too low?"
"Nope. Chen Feng didn't go around in circles anymore, and said directly: "I'm very satisfied with the contract endorsement fee, but I hope I don't take a penny." ”
"What?"
Chuck was surprised, Chris was surprised, Under Armour's guys, and Smith and LandmarkSports were all surprised.
Chen Feng explained: "That's right, I hope that this part of the endorsement fee can be converted into shares of your Under Armour company. Plus, I'll add 50 million. I hope to use this to increase my stake in Under Armour to 1.5 percent. ”
"This ......" Chuck looked at Chen Feng for a while, and then reacted, quickly calculated in his heart, and said: "Chen, if you want to increase your stake in our company, you can buy it in the stock market, why bother?"
"Hehe, I think that's very troublesome, isn't it easier to trade directly with you?" Chen Feng said with a smile.
Chen Feng is optimistic about Under Armour, but he also knows that the reason why Under Armour is willing to give him a part of the shares is to tie himself to this chariot.
Since Under Armour is using himself to make money, why not get a piece of the pie?
Chen Feng is very confident in himself, with him joining, Under Armour can definitely go to the next level, which can be known by looking at the changes Curry has brought to Under Armour.
Therefore, Chen Feng was unwilling to be sent away by Under Armour with a sum of cash and 0.5% of the shares.
In fact, Chen Feng is not short of money now, and he will have more money when China Pharmaceutical develops in the future. At this moment, he has renewed his contracts with Land Rover and Omega, and he has accumulated almost $50 million in his hands, and he is worried about how to spend it.
This is just right, you can use it on this, exchange it for Under Armour shares, when Under Armour shares appreciate, you can also benefit, better than putting cheap banks.
Moreover, this Chen Feng is also involved, he has confidence in himself and Under Armour, so he is not too worried about losing money.
Chuck thought for a while, but still felt embarrassed: "Chen, 1.5 percent is too much." You need to know ......"
"Chuck. Chen Feng raised his hand: "I heard that the sales of your recently launched Curry's third-generation sneakers are not satisfactory, right?"
Chuck's face changed, he looked at Chen Feng for a while, guessed what Chen Feng meant, and replied truthfully: "Yes, it is indeed worse than the sales of Curry's second generation." However, we believe that this is only temporary, maybe the fans are not used to it, and it will be good to wait for a while. ”
"Hehe, maybe. Chen Feng smiled: "Maybe it will be good, maybe it won't, but in my opinion, it is more likely that it won't." At that point, your company's share price will definitely fall. If I don't renew my contract with Under Armour and switch to another brand. Under Armour's stock price will fall more, you say?"