Chapter 203: Contracts and Teams

"If I knew that you had such a good result this time, there would be no need to be in such a hurry about these two contracts." Rembrandt has some regrets, but as far as the current table is concerned, Fan Ju's worth will not be a problem to rise by another $300,000 a year.

topicality, age, market, in addition to the lack of a handsome face in Europe and the United States, Fan Ju already has what he should have, and the constantly rising value, now looking for endorsements is expected to make money, and more to get a fee to maintain the team.

"These two contracts are very interesting, VISA credit card and Pepsi, according to the other party, they are talking about an endorsement contract with your fellow countrymen, and the price is probably much higher than yours." Rembrandt intended to stimulate Fan Ju, and although he knew that it would be a wasted effort, he couldn't help but try it every time.

Fellow? Yao Ming? This person's name is one of the memories brought from the previous life, it is so famous, Yao Ming didn't know what this name represented before he became famous, but when Yao Ming appeared, Fan Ju realized that even if this person is not world-famous, at least he is a nationally renowned figure.

NBA basketball is not the world's largest sport, and it is not comparable to the world's football and tennis, but Americans are experts in playing business, and they have taken the commerciality of this sport to the extreme.

Those superstars can earn more than $10 million a year just by relying on salary income, not to mention those sky-high commercial endorsements, and top stars like Michael Jordan are even more familiar.

The emergence of Yao Ming opened the door to wealth in China in the NBA, and also made the Chinese people realize a new concept. It turns out that playing sports can also make money like this!

"I'll give you a hint, a company in your country, Unicom, gave a price of 30 million yuan for 3 years. Converted to 1.2 million dollars a year, another beverage company, Gatorade, has a 3-year $5 million contract, guess what he is worth now? Rembrandt patted the contract and waited leisurely for the answer, a number he probably couldn't guess!

$1.2 million, then $1.65 million a year. 2 million, this increase is too ordinary, with Rembrandt's personality, I am afraid it will not be so sold.

"$2.5 million a year? It can't be 3 million, right? Fan Ju tried to give a number. But apparently I guessed it right.

$10 million for 4 years is really the price of Yao Ming and Pepsi's endorsement contract, and VISA's offer is also as high as $2 million a year, calculated based on the current commercial value of endorsements. One Yao Ming is even higher than three Fan Ju.

Of course, this is only for now. Yao Ming's eventual commercial market will be more confined to Asia and the weekly region, and although Europe will be concerned, basketball is not destined to be the main popular sport in Europe.

The market here is more dominated by football, while tennis, the world's second-largest sport, is still taking the market share.

Fan Ju is very showy, but after all, he is not famous, and some news about Fan Ju can already be heard in China. And it will also do key reports.

This is not only with IMG's contribution, but also with the domestic network association. Creating an internationally renowned benchmark is beneficial to either party.

Regarding the news of himself in China, Fan Ju is not a channel, purely when he contacted the family, his parents casually mentioned, if the news appeared abroad Chinese, Yao Ming was earlier, but after May, especially during the French Open, Fan Ju also became a role in sports news.

Fan Ju and Yao Ming are not comparable, not to mention the results or identity, Fan Ju has played in the league for several years in China, even if he doesn't go to the NBA, as long as he pays attention to basketball games in China, the people who know him are not a small number.

And Fan Ju? If it weren't for IMG to start promoting in China, in addition to those professionals, before this, the ghost would know whether the current first brother of Chinese tennis is Zhang San or Li Si.

Therefore, in business, Fan Ju needs time to accumulate, and as long as there are results, IMG will naturally have the ability to push Fan Ju to the peak.

The two-point contract, the VISA contract with a total value of 1.3 million 2 years, is not low if it is not compared, but with the addition of Yao Ming, this contract is just a cheap addition.

Drinks are different from credit cards, this is a major item related to athletes, according to international practice, the price of this part of the endorsement will also be high, 2 million 2 years, Pepsi Cola can also be regarded as giving a very sincere price.

"The $3.3 million contract, if it's okay, you can sign it now, just wait for the 24th, and then you don't have to bother your parents to sign those troublesome authorization treaties again." Rembrandt said, after all, it takes more than a week just to transfer the contract back and forth over the ocean, and now it's the 12th, and it is better to wait a few more days if you have kung fu, it is Fan Ju's 18th birthday.

The age of 18 is an important day, not only in terms of age, but also on behalf of Fan Ju's formal right to have his own legal rights, leaving the underage adult and stepping into the category of adulthood.

"It's almost the 24th? I almost forgot. "Fan Ju has no concept of birthday since he was reborn, even if someone helps him celebrate it every year, but it is far less than normal children look forward to it.

$3.3 million income, this money needs to pay a lot of taxes, there is no choice for this, the domestic tax is high, and the tax is rigid, anyway, the income of the model is 30%, which is much less than the maximum 45% of the individual tax.

Of course, with the United States, there are too many taxes after deducting consumption and deducting various tax rebate systems, and in China, this money has to pay more than 930,000 US dollars in taxes, while in the United States, the highest 33% tax is more than 300,000.

If IMG uses its tax avoidance channels, the money can even be reduced to more than 100,000 US dollars, which is why Rembrandt has applied for a US green card.

However, Fan Ju eventually refused, he did not plan to live in the United States for a long time, and the green card holder needs to spend enough time in the United States each year, which Fan Ju alone cannot do.

"It's all money...... Forget your own business, how do you plan to arrange the rest of the funds, or do you invest? Rembrandt even told him that Fan Ju could access the special channel of Guò IMG and not bother with those details, but Fan Ju still went his own way, as if he didn't care about these things.

Combined with the previous compensation, tournament bonuses, Victor's endorsement and his own assets, and the remuneration for various business activities, plus the cost of this contract, the total amount of funds on hand has reached $2.6 million.

Of course, there is no deduction of the salary and activity expenses issued to the team, and this money is not in a hurry at present, Fan Ju and several people have not signed a formal employment contract, even if they are signed, the remuneration is not a one-time payment, and the future expenses will be slowly withdrawn from Fan Ju's investment, like the Apple stock in Fan Ju's investment target, it is still very easy to sell and cash out.

All the old rules of funds, except for reserving a part of the next trip expenses, are all handed over to IMG Investment Company to invest in the names in Fan Ju's mind.

The trivial matters are handled by the professionals, and Fan Ju himself once again concentrates on the competition to meet his opponents in the next round, of course, before that, he still needs to meet with the team, even if most of them know each other, but the future cooperation is not as loose as in the past, and it requires closer cooperation.

"The service coach, Romdi Sandiasen, will take care of your serve and let you improve your first-serve goal rate." The introduction to Fan Ju was Raschette, who was more familiar with these people from Nickelodeon than Rembrandt.

"Hello Coach Sandiasen, we've seen each other quite a few times, and I've been there a lot of time to sit in on your serve." Fan Ju also put a lot of effort into improving his serve, and Lotus Sandiasen is one of the best serving coaches in Nick Nets.

"Just call me Romdi, Isner and let me say hello to you." Isner is also considered to be a major student of Romdi, serving the fastest and scoring the highest percentage of any student he has taught.

Fan Ju smiled and nodded, then turned his head to another person, an old acquaintance who was also Fan Ju without being introduced by Raschart.

"If I'm not mistaken, the coach's full name is Kendrick Perinho, right? Didn't the group of little ones give you a farewell party when you left? Old Nick actually sent his number one devil coach here. Fan Ju shook his head, pretending to be grief-stricken.

Kendrick grinned, he was very strict in training, but he was usually very easy to get along with, especially a good guy like Fan Ju who took the initiative to train, he couldn't have liked it more.

"I know the nickname you gave me, Body Lì Terminator, but I have never been able to squeeze your body dry, I really hope to see where your limits are, this is the real reason why I accepted this job."

Okay, plus Raschet, the trump cards of the three coaching staff of Nick Online School have been poached, Fan Ju doesn't know what to say, the salary he gives will definitely not be much higher than the original income of several people, if Old Nick doesn't let go, I am afraid that several people will not leave the online school to join themselves.

Nutritionist Cindy, who is currently a temporary media assistant Honore, and Fan Ju's sideline coach Raschet needless to say, the only stranger to Fan Ju is the new agent assistant Perry.

The tall white male, who doesn't look very old, is 22 or 3 years old at most, although Fan Ju is a bit rude to say this, but with his own group, Perry is the most immature one.

The other youngest coaches are also 32 years old, Romdy and Raschetono are both fast running 4 people, and Cindy is an aunt in her 50s.

Fan Ju is young, but he is much more mature than the group of people who are almost 40 years old and have not done the right thing, and Fan Ju, who has seen Katrina's work, knows very well that this job as an agent assistant requires strong arrangement and coordination skills, and he will probably only face more and more things in the future, and he will be handed over to this young man, which makes him very uneasy. (To be continued......)