pei fan
Registered User
- Jan 3, 2004
- 2,536
- 0
Recently in the news Sidney Crosby signed a record "hockey" endorsement but
despite being a record for hockey it is a mere pittance compared to the contract
Lebron James signed.Indeed, endorsement contracts for elite hockey players are only 3-5% of the contracts elite stars in other sports make.However their playing
salaries while less are still in the same stratosphere.One of the reasons for this
is that hockey is not as big in the U.S. and it lacks a major TV deal ,but doesn't
this situation still bring to light a couple of facts:
1)hockey players don't have the real star power of players in the other sports
and what they bring to the table as far as marketability is quite limited.Players
Salary earning power is outrageously high compared to their endorsement
earning power.
2)The owners ,with their arenas in the best cities and best locations,their teams
history,the Stanley Cup and it's history,logos etc. ,really own more of what the
real product is and it's potential for marketability.
Besides,the endorsement angle another thing to back this up is the lack of
drawing power the players have had on their own.The original stars league
was a major bomb.When they came to Ch'town there was about 300 fans
in an arena that sits 3700 and even at that they had to give a bunch of
tickets away.
despite being a record for hockey it is a mere pittance compared to the contract
Lebron James signed.Indeed, endorsement contracts for elite hockey players are only 3-5% of the contracts elite stars in other sports make.However their playing
salaries while less are still in the same stratosphere.One of the reasons for this
is that hockey is not as big in the U.S. and it lacks a major TV deal ,but doesn't
this situation still bring to light a couple of facts:
1)hockey players don't have the real star power of players in the other sports
and what they bring to the table as far as marketability is quite limited.Players
Salary earning power is outrageously high compared to their endorsement
earning power.
2)The owners ,with their arenas in the best cities and best locations,their teams
history,the Stanley Cup and it's history,logos etc. ,really own more of what the
real product is and it's potential for marketability.
Besides,the endorsement angle another thing to back this up is the lack of
drawing power the players have had on their own.The original stars league
was a major bomb.When they came to Ch'town there was about 300 fans
in an arena that sits 3700 and even at that they had to give a bunch of
tickets away.