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Raonic New Balance Deal
Milos Raonic has left Lacoste and signed a new $40 million 5 year deal with New Balance for kit, bags and shoes. It's the first sponsorship for New Balance. Caught a clip of Milos earlier today with his first round win at the Aus open....nice shirt graphics!
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Quote:
No wonder why the shoe (996: replacement model of 851) price went up $20 per a pair. |
Yes, but it also went all the way to 996, not merely to 852...
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Overrated deal for an overrated player...
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$40 mil... I can understand $250 mil for Rory, only because he has potential.. but 40 Mill. for a guy with a big serve?
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That's a lot of cash before winning one major! Wonder if NB have an out clause if he doesn't win any in a few yrs or doesn't get to and stay in the top 10.
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From a marketing perspective Raonic, thanks to his enormous serve gets a lot of attention which make him a solid sponsorship candidate. He does not have to win a Slam for media/fan attention. All he has to do is continue blasting his serves and racking up the aces while maintaining a top 20 ranking to ensure good marketing exposure for New Balance.
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First release of the Raonic-outfits from NB is in august 2013 according to NB customer service... They are in no hurry to cash in, apparently
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I'm not Milos-natic but you guys should know better...
If i runned a brand i would gladly pay more to a big server because big servers tend to go further easily in competition. Serve is the most important shot on tennis. |
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