Domination in America, Starting from being a Boxing Champion-Chapter 889 - 633 Advertisement Endorsement Fee_2

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"Link, are you feeling a bit tired?"

After leaving the meeting room, Coach Li Yabing asked.

"I'm fine; I can adjust."

Link said with his hands in his pockets.

He did feel a bit tired, mainly mentally fatigued.

During the competition, the mind is highly tense, and the atmosphere at the venue can easily exhilarate a person.

Once the competition is over, without external stimulation, one can't help but feel mentally exhausted and lack the spirit.

For the average athlete, this state can affect their performance, leading to abnormalities during competitions.

But Link has been through too much in the past, including participating in five consecutive Olympic Games, conducting three world tours, running in elections, ruthlessly suppressing political rivals, and finally embarking on space adventures.

All these events were extremely thrilling during the process.

So even if he's a bit tired now, he can quickly get himself adjusted.

"There's one more thing, the National Sports Bureau asked me to give you a heads-up and hear your opinion before they speak to you personally,"

Coach Li Yabing said hesitantly.

What Coach Li Yabing was talking about was the matter of advertising endorsements.

Since the first Olympic gold medal, champion athletes have been favored by advertising agencies, with many companies looking to capitalize on the Olympic buzz by arranging for endorsements right after the athletes step down from the podium.

This Olympic Games was no different; up till today, the Huaxia sports delegation has won 11 gold medals. The advertising endorsements for gold medalists like Guo Jinjing, Wu Mingxia, and Tian Liang are already in heavy rotation on various domestic television stations.

And Link is not only an Olympic champion, but he's also a popular singer, and he's very handsome.

Brands and advertising agencies naturally wouldn't overlook him.

It's just that he is currently an athlete representing the National Team, and there are differences in opinion on the distribution of endorsement earnings within the team.

The mechanism for distributing an athlete's endorsement earnings is quite complex, involving multiple stakeholders.

The existing distribution ratio is such that the athlete gets 50% of the total endorsement fee, the coaching team receives 15%, the athlete's sports association receives 15%, and the National Sports Bureau, as the managing authority of the athlete, is entitled to a 20% share.

The point of contention lies in how much Link should receive for endorsements.

Link is a student of Sports University, where he was training until May, not wholly within the management system of the National Team, nor was he an athlete brought up entirely by the National Team or a provincial team. Additionally, he competed in four events at this Olympic Games.

Another point is that he is a popular singer, which is an even more famous title than that of an Olympic champion.

This also led to uncertainties above on how to distribute the endorsement earnings.

Giving him too much might result in psychological imbalance among the other athletes.

Giving him too little, they worry that he would feel unjustly treated, which could affect his later competitions.

So before formally negotiating with him, the bureau arranged for Coach Li Yabing to touch base with him and ask for his thoughts.

Coach Li Yabing said no matter what his thoughts are, he can speak freely; everything would prioritize his opinions and focus on the competition.

Link smiled lightly; he wasn't too concerned about such matters.

On one hand, advertising endorsement earnings aren't much compared to what he earns from boxing, it's much less. Setting aside a portion for the National Sports Bureau is like supporting the national sports construction, which can be meaningful.

On the other hand, these endorsements can boost his popularity, and in the future, popularity can be converted into money—he wouldn't be at a loss.

Link asked Coach Li Yabing about the current Olympic champions' endorsement earnings and what kind of advertisements they mainly endorse.

After understanding the situation, he agreed to maintain the original distribution ratio, which is to take only 50% of the endorsement fee, but he had three points of feedback.

First, he would not endorse liquor, pharmaceuticals, women's products, or baby formula, only more reputable products.

Second, he would only endorse products with advertising budget over 2 million to avoid taking on too many endorsements, as shooting advertisements is quite troublesome.

Third, the maximum duration for TV advertising campaigns should not exceed six months.

This is quite common; the frequency of advertisements featuring Olympic champions is usually highest around the time of the Olympics, and the interest tends to wane a month or two after the Games end, leading to the ads being replaced.

His request not to exceed half a year is not excessive.

"Isn't 2 million for the endorsement fee too high?"

Li Yabing, rubbing his forehead, asked, since the endorsement fee for current Olympic champions ranges from 500,000 to 1 million, and the endorsement duration also lasts one to two years.

Link was only willing to endorse for half a year, and the endorsement fee had to be over 2 million.

Are there any generous backers willing to hire him for endorsements?

"Others earn 500,000 to 1 million for one gold medal; my guarantee is one gold medal for 2 million, which is quite a small amount."

Link found that after his rebirth, his negotiating skills had dulled a lot.

He used to be able to ask for an endorsement deal of 100 million US Dollars, not accepting anything less than 20 million US Dollars for an advertising deal.

Now, his asking price was only 5 million US Dollars, and the advertising contracts were only up to 2 million.

"Alright, I'll report this to my superiors, and they will decide how to handle it. You should rest well and focus on competing, don't worry too much about other things."

Coach Li Yabing realized he was just a messenger without decision-making or even suggestion rights. It was useless to say more, so he simply stopped nagging and left the issue for the higher-ups to deal with.

Link said no more and returned to his room to rest.

A day later, Link returned to the Ancient Olympia Stadium to participate in the men's javelin event.

The javelin competition was similar to the shot put event.

In the first round, each contestant had three attempts to make it into the top eight.

Those who made the top eight moved into the second round and received three more attempts.

All six throws counted towards the results, and if the best scores were the same, the second-best scores were used to determine the ranking.

Link started practicing shot put in high school, and he had been practicing javelin for less than a year, achieving a personal best of 83.35 meters at the Olympic trials in early February. fгeewёbnoѵel.cσm

After training for half a year, and through tests before the competition, his personal best improved to 85.64 meters, but the progress was minimal.

After the competition started, Link went eighth and his best throw was 85.85 meters in the first round, ranking him fifth and smoothly moving him into the next round for three more attempts.

In the second round, his first throw was not very good, reaching only 83.47 meters.

With the second throw, he regained his touch and achieved 85.95 meters, setting a new personal record.

In his third throw, he performed normally and achieved 86.02 meters, continuing to set personal records.

During this round of the competition, the Norwegian javelin athlete Ande Søkildsen performed exceptionally well; despite ranking eighth in the first round, he threw 86.50 meters in his first throw of the second round.

Ultimately, Ande Søkildsen won the gold medal for this event.

Link won a silver medal.

The athlete from Latvia, Vasilevsky, ranked third with a throw of 84.95 meters.

Although Link only won a silver medal in this event, it was still the best performance by a Huaxia athlete in this event.

With 1 gold and 1 silver in track and field events, Link created a new history for the Huaxia Team and further increased his fame domestically.