On Monday I reported that Ryan Lochte was dropped by Speedo, and Ralph Lauren decided not to renew his contract. He had two endorsements left including one who initially said they would stand by him but now they’re ALL gone.
NBA: LeBron James Sponsored Tweets Valued at $140K, or $1K Per Character
Athletes have been getting money from endorsements for a long time but social media created another avenue for them and other celebrities (or even regular folks with a lot of followers) to bring in extra money. You’ll often see sponsored tweets but to get someone as big as LeBron James to simply tweet your product is definitely going to cost you big bucks.
NBA: Michael Jordan Makes More Annually in Endorsements Than Any Current NBA Player
Michael Jordan might not be in the league anymore but he’s still the greatest of all time and gets paid like it. Jordan actually makes more in endorsements than any current NBA player; yes even King James.
(Photo) NBA: Michael Jordan Is So Rich He Reportedly Turned Down $80 Million To Endorse Headphones
As Michael Jordan battles a grocery store chain in court over using his likeness to try and sell steaks, a lot of MJ’s financial information has been coming out. Yesterday we reported that his name alone is worth close to $500 million dollars, which is close to the amount Nike has paid him since 2000. His lawyers argue that on an individual basis, each time his name is used it’s worth about $10 million dollars!
(Video) Damn, Juvenile Is Out Here Doing Really Weak Hardware Store Commercials?!
Things aren’t going too well over at Cash Money. Lil Wayne and Tyga have jumped ship, Nicki Minaj and Drake are reportedly on their way out as well, Young Thug – though never signed – has left whatever management deal he had with Birdman. And not that they’re missed but Bow Wow’s gone, Mystikal’s gone, Busta Rhymes is gone, DJ Khaled is gone. So who’s left?! At this point, it might just be Juvenile and Birdman! And judging by Juve’s Twitter activity, things aren’t going too well for him. Taking to his account earlier this week, the New Orleans rapper shared the most struggle promo of all time, promoting for a hardware store in St. Louis. Like, OF ALL TIME. Let’s just hope this was merely a favor for a friend, and not something done out of desperation for a couple dollars. Peep the struggle below.
(Video) Sports: These Guys Are Paid! Check Out The Endorsements Top Athletes Get
This is a crazy graphic. Athletes around the world who are at the top of their game make so much more money off the field than they usually do from the sport they actually play. I never realized how many endorsements some of these guys have. You may be surprised by who has the most off the field endorsements out of these guys. Hit the jump.
