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Vick signs endorsement deal with NIKE ! (1 Viewer)

Casting Couch

Footballguy
(KFFL) FOXSports.com reports Philadelphia Eagles QB Michael Vick has signed an endorsement deal with Nike, according to his agent, Joel Segal. Vick will wear Nike shoes, gear and apparel as part of the agreement. Segal would not reveal terms of the agreement.

 
Casting Couch said:
(KFFL) FOXSports.com reports Philadelphia Eagles QB Michael Vick has signed an endorsement deal with Nike, according to his agent, Joel Segal. Vick will wear Nike shoes, gear and apparel as part of the agreement. Segal would not reveal terms of the agreement.
Only in America (oh yeah...and only in sports). :thumbdown:
 
Casting Couch said:
(KFFL) FOXSports.com reports Philadelphia Eagles QB Michael Vick has signed an endorsement deal with Nike, according to his agent, Joel Segal. Vick will wear Nike shoes, gear and apparel as part of the agreement. Segal would not reveal terms of the agreement.
Only in America (oh yeah...and only in sports). :goodposting:
Psssh, please. Celebrities get away with everything all over the world. It's hardly an American condition.
 
Casting Couch said:
(KFFL) FOXSports.com reports Philadelphia Eagles QB Michael Vick has signed an endorsement deal with Nike, according to his agent, Joel Segal. Vick will wear Nike shoes, gear and apparel as part of the agreement. Segal would not reveal terms of the agreement.
Only in America (oh yeah...and only in sports). :goodposting:
Psssh, please. Celebrities get away with everything all over the world. It's hardly an American condition.
tell that to roman polanski
 
Casting Couch said:
(KFFL) FOXSports.com reports Philadelphia Eagles QB Michael Vick has signed an endorsement deal with Nike, according to his agent, Joel Segal. Vick will wear Nike shoes, gear and apparel as part of the agreement. Segal would not reveal terms of the agreement.
Only in America (oh yeah...and only in sports). ;)
Psssh, please. Celebrities get away with everything all over the world. It's hardly an American condition.
tell that to roman polanski
For 30 years it was true.
 
I don't think you can be mad a Vick for signing easy money. Nike on the other hand...

How does Nike think they will get a return on investment with this guy?

1. Does Nike think that they will be able to sell shoes in Vick's name? - I would have to think his apparel would appeal to a small demo. Then throw in the fact that most kids won't be getting his stuff (parents won't spend money on him) and don't forget all the competition from other athletes with shoes, etc. It's a very small buyers market for Vick items, Nike has to know this.

2. Nike has to know that there will be groups that will protest this and cause a lot of headaches, maybe even bring up some of the other bad things they do (think cheap labor). Thus they will need to have a PR team on this for a few days... more money spent.

Nike's a big company and this won't kill them I'm just confused how they think the reward is worth the risk. Especially since the reward is pocket change to them.

 
Knobs said:
Good for him. I'm rooting for the guy.
Why?
Because some believe a man can make a terrible mistake and turn his life around. It has happened before.
;)
Not to take this off on a separate tangent but I find it hard to characterize what Vick did as a 'mistake'. What he did was not a one-time, unintentional occurrence. It's sickening how these guys take their good fortune for granted. I could go on but.....Interesting this was announced so soon after his reinstatement. I'm sure talks have been ongoing, but the lack of protests from fans and the media fawning over him non-stop last week certainly had to play a big part in securing this so quick.
 
Not sure what Nike's trying to do here. I don't think the "any publicity is good publicity" rule applies in this case.

 
Knobs said:
Good for him. I'm rooting for the guy.
Why?
Because some believe a man can make a terrible mistake and turn his life around. It has happened before.
He was welcomed back into the NFL which I think is enough. When I think of Endorsement deals, they usually are done by athletes who are good role models and most are superstars in their leagues. Vick is neither. I'm glad I wear Adiddas.
 
Knobs said:
Good for him. I'm rooting for the guy.
Why?
Because some believe a man can make a terrible mistake and turn his life around. It has happened before.
A mistake?! Oops, I accidentally brutally tortured and killed dogs in an accidental illegal federal gambling racket I accidentally set up on my property.
Mistake does not mean accident.Mistake would mean he made a poor choice, poor judgement. I am sure we have all done mistakes to different degrees.IE; Driving 120 on a highway is not an accident. But it is a mistake to do it.
 
Raider Nation said:
He's gotta make money any way he can. It's a dog eat dog world.
I'd expect that type of comment from you
what a terrible person making jokes on a message board... :popcorn: I'm not mad at Vick (or even that mad at Nike) but I don't see the business sense here...as posted a ways above, who's gonna buy his line at this point?
 
Raider Nation said:
He's gotta make money any way he can. It's a dog eat dog world.
I'd expect that type of comment from you
what a terrible person making jokes on a message board... :popcorn: I'm not mad at Vick (or even that mad at Nike) but I don't see the business sense here...as posted a ways above, who's gonna buy his line at this point?
At this point? No one, long term it may be forgotten enough to be worth the pay off.I mean most people don't remember Ray Lewis being in trouble until its brought up. SO maybe in 1-3 years it will be the same way. Add the fact that hes on a team with some chance of winning a superbowl, not a bad investment.Risky, but they can take the risk.
 
Nike: We Don't Have Contract With Vick

Published: Thursday, 1 Oct 2009 | 8:57 AM ET

By: Darren Rovell

Sports Business Reporter

A day after an official with the agency that represents Michael Vick told a crowded conference in New York City that Vick had recently re-signed with Nike, a Nike spokesman told CNBC that the company has no agreement with the backup Philadelphia Eagles quarterback.

“Nike does not have a contractual relationship with Michael Vick," Nike spokesman Kejuan Wilkins said, in a statement. "We have agreed to supply product to Michael Vick as we do a number of athletes who are not under contract with Nike.”

On Wednesday, Mike Principe, the managing director of BEST, which represents Vick, announced that Nike was back with Nike. The comments were made at the Relay Sports Symposium in New York - an event hosted by the SportsBusiness Journal.

In 2007, Nike terminated Michael Vick's contract after he was indicted on charges of running a dogfighting ring.

Vick had five signature shoes made for him by Nike, the last one never hit shelves.
Free Nike shwag, that's it.
 
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I don't think you can be mad a Vick for signing easy money. Nike on the other hand...How does Nike think they will get a return on investment with this guy?1. Does Nike think that they will be able to sell shoes in Vick's name? - I would have to think his apparel would appeal to a small demo. Then throw in the fact that most kids won't be getting his stuff (parents won't spend money on him) and don't forget all the competition from other athletes with shoes, etc. It's a very small buyers market for Vick items, Nike has to know this. 2. Nike has to know that there will be groups that will protest this and cause a lot of headaches, maybe even bring up some of the other bad things they do (think cheap labor). Thus they will need to have a PR team on this for a few days... more money spent.Nike's a big company and this won't kill them I'm just confused how they think the reward is worth the risk. Especially since the reward is pocket change to them.
:popcorn: Nike would ink Satan to a 10 year deal if he could sell 130.00 shoes to kids who can least afford them.
 
Nike: We Don't Have Contract With Vick

Published: Thursday, 1 Oct 2009 | 8:57 AM ET

By: Darren Rovell

Sports Business Reporter

A day after an official with the agency that represents Michael Vick told a crowded conference in New York City that Vick had recently re-signed with Nike, a Nike spokesman told CNBC that the company has no agreement with the backup Philadelphia Eagles quarterback.

“Nike does not have a contractual relationship with Michael Vick," Nike spokesman Kejuan Wilkins said, in a statement. "We have agreed to supply product to Michael Vick as we do a number of athletes who are not under contract with Nike.”

On Wednesday, Mike Principe, the managing director of BEST, which represents Vick, announced that Nike was back with Nike. The comments were made at the Relay Sports Symposium in New York - an event hosted by the SportsBusiness Journal.

In 2007, Nike terminated Michael Vick's contract after he was indicted on charges of running a dogfighting ring.

Vick had five signature shoes made for him by Nike, the last one never hit shelves.
Free Nike shwag, that's it.
This makes sense. For Nike, it's all about marketing the swoosh. They can say they don't endorse Vick, and won't do any commercials. But if Vick is wearing it, and will be on TV constantly...there's the swoosh.Keep in mind also that the NFL's current apparel deal with Reebok and VF (fanwear) ends in '12...and talks are beginning soon. Nike is expected to go all out for any of the onfield portion they can get.

 
Wow, how could that get out, and how could the media run with it without a confirmation from Nike?

Oh I know how, cuz the media will report anything!

 
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Nike's a big company and this won't kill them I'm just confused how they think the reward is worth the risk. Especially since the reward is pocket change to them.
What risk? Thousands of protestors were supposed to show up at games of any team that signed him and that never materialized. There were 2 dozen. The noise level about Vick outrage makes it seem far more extensive than it is, and far exceeds anything anyone's really going to do about it.
 
Nike's a big company and this won't kill them I'm just confused how they think the reward is worth the risk. Especially since the reward is pocket change to them.
What risk? Thousands of protestors were supposed to show up at games of any team that signed him and that never materialized. There were 2 dozen. The noise level about Vick outrage makes it seem far more extensive than it is, and far exceeds anything anyone's really going to do about it.
It's a lot easier for the less committed people to simply not buy Nike products than to protest at games. I despise Vick and what he did, but I am not going to make the effort to protest at Eagles games. I am certainly not going to buy a Nike product ever again, though. It won't be hard for me.
 
Nike does some of the best advertising in the world. That said, I don't buy their products because they sell overpriced crap.

 
The guy paid his debt to society. He went to jail, lost all his money, and went bankrupt. Nike doesn't even have a contract with vick, they're just giving him free gear. I may not like vick but I think he deserves a second chance.

 
Is there any documented case in history of people actually buying shoes because a football player endorses them?

The shoe game is really all Jordan. I even saw a pair of Jordan cleats when I went to buy my son's flag football shoes.

 
I have been boycotting Nike for years for various reasons; this announcement does not change that.
:coffee: ;) Anyone who is up in arms about Nike endorsing Vick should do a little research on Nike's labor conditions in 3rd world countries. I wish some athletes/celebrities would actually bring attention to this instead of taking the money from Nike and running.
 
Nike's a big company and this won't kill them I'm just confused how they think the reward is worth the risk. Especially since the reward is pocket change to them.
What risk? Thousands of protestors were supposed to show up at games of any team that signed him and that never materialized. There were 2 dozen. The noise level about Vick outrage makes it seem far more extensive than it is, and far exceeds anything anyone's really going to do about it.
I'm thinking more along the lines of the money that Nike spends to fabricate his line of clothes/shoes/advertise. You know the old saying "You have to spend money to make money". The Risk - Spending cash, bad PR, not hitting the earnings mark expected from his sales, CNN/Experts reporting this fails and that Nike lost money/didn't make enough to warrant this signing, experts questioning this decision financially, investors not liking it (both finance and morally)The Reward - Making enough money to say it was worth it
 
Nike's a big company and this won't kill them I'm just confused how they think the reward is worth the risk. Especially since the reward is pocket change to them.
What risk? Thousands of protestors were supposed to show up at games of any team that signed him and that never materialized. There were 2 dozen. The noise level about Vick outrage makes it seem far more extensive than it is, and far exceeds anything anyone's really going to do about it.
I'm thinking more along the lines of the money that Nike spends to fabricate his line of clothes/shoes/advertise. You know the old saying "You have to spend money to make money". The Risk - Spending cash, bad PR, not hitting the earnings mark expected from his sales, CNN/Experts reporting this fails and that Nike lost money/didn't make enough to warrant this signing, experts questioning this decision financially, investors not liking it (both finance and morally)The Reward - Making enough money to say it was worth it
:confused: Are you discussing a potential scenario where Nike signs Vick? Right now, the 'money that Nike spends' is a few hundred bucks on shoes and off-field apparel.
 
you people need to get over yourselves.....Vick did the crime and did the time...what more do you want? I mean Stallworth killed a person!!!!

 
Peeps will always BASH on Vick, but im sure he doesnt give a chit.

Nike is doing what the MAN in charge does....He makes money off of people.

Even after all that went on VICK is still a major SELLING entity...

Every person i talk to want VICK jerseys and ect....

Nike know what they doing.

 
Peeps will always BASH on Vick, but im sure he doesnt give a chit. Nike is doing what the MAN in charge does....He makes money off of people. Even after all that went on VICK is still a major SELLING entity...Every person i talk to want VICK jerseys and ect....Nike know what they doing.
Is this a rap lyric?
 
Nike: There is no new endorsement deal with Michael Vick

USA TODAY

NEW YORK--Nike is not signing a new endorsement deal with former spokesman Michael Vick of the Philadelphia Eagles, spokesman KeJuan Wilkins said on Thursday.

Nike dumped Vick as an endorser and pulled his products from retail stores in 2007 after the ex-Atlanta Falcons quarterback was charged with bankrolling and running a dogfighting ring.

One of Vick's agents, Mike Principe, announced during the SBJ/SBD Relay Worldwide Sports Sponsorship Symposium here Wednesday that the newly-signed Eagles QB had signed a new deal with the Swoosh. But Nike's Wilkins said that wasn't so.

"Nike does not have a contractual relationship with Michael Vick. We have agreed to supply product to Michael Vick as we do a number of athletes who are not under contract with Nike," the company said in a statement.

If the agent's objective was to rehabilitate Vick's image, the attempt backfired, says marketing consultant Ernest Lupianacci, a former creative director for Nike advertising.

"This agent put his Air Vick in his mouth," Lupinacci says.

Vick's personal agent, Joel Segal, told SportsBusiness Journal on Wednesday that the quarterback was "excited to be part of the Nike team again."

Darren Rovell, CNBC's sports business reporter, first reported the news. Rovell Tweeted: "Nike spokesman says Swoosh doesn't have contract with Vick. Just giving him free product. I Knew this was all bogus."

Nike was the last sponsor to drop Vick as an endorser after he was indicted on dogfighting charges in 2007. The company pulled the release of Vick's fifth signature Nike shoe, the Zoom Vick V, which would have retailed for $100. -- Michael McCarthy

 
Knobs said:
Good for him. I'm rooting for the guy.
Why?
Because some believe a man can make a terrible mistake and turn his life around. It has happened before.
:hophead: I've had dogs my entire life so let's not go there and say I just don't care about those creatures. I don't see why you SHOULDN'T root for Vick. It's nice to see someone get their life repaired and back in order after they've wrecked in with stupid decisions. Then again, I generally believe in second chances. But to each their own. If you're not rooting for him don't buy Nike.
 

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