Showing posts with label Nike. Show all posts
Showing posts with label Nike. Show all posts

Saturday, 21 May 2016

Barcelona Extend Nike Deal


FC Barcelona have agreed an extension to their kit-manufacturing deal with Nike which Spanish media reported was the most lucrative arrangement of its kind in the world.

The Spanish champions issued a statement saying details of the contract will be specified at their next general assembly.

The Barcelona-based daily newspapers Diario Sport and Mundo Deportivo reported that the deal could be worth €155m (£120m) a season and would run until 2026.

“FC Barcelona and Nike, Inc have extended their current sponsorship deal, which was due to end on 30 June, 2018,” Barcelona said on Saturday. “The long-term agreement is a landmark in global football and builds upon a highly successful partnership.“

The club’s president, Josep Maria Bartomeu, added: “We are excited by this new agreement and are confident we will be able to celebrate continued sporting successes together.“



Tuesday, 19 April 2016

The Sharapova Drug Head Ache


Maria Sharapova is part of an immense financial and marketing juggernaut that is now struggling to deal with the news that the Russian tennis player failed a recent drug test. Indeed, some may say, just for using a drug that was only recently banned in January 2016. Albeit the former Wimbledon champion has been using it for ten years without hindrance. An administrative oversight the partial explanation for failure of the test. Only adding to the global incredulity with key sponsors reacting in mixed fashion since the news was broken in Los Angeles by Sharapova herself.

With an estimated career earnings of $285 Maria has been a money making machine since winning the singles women title in 2004 at the age of 17 in SW19. Providing her sponsors with a dream opportunity ever since and all benefiting from an association with an athlete associated with “trust” and “aspiration” according to sponsorship consultants Repucom. In fact, last year alone Sharapova earned just under 30 million dollars of which two thirds came from Nike, Tag Heuer, Head, Porsche, Tiffany, Avon and Evian. The Russian a key asset in a sponsorship industry valued at $50Bn and one where she still remains the highest paid female athlete – surprisingly ahead of Serena Williams and Lyndsey Vonn. 

Hence the reluctance on the part of the sponsors to part company, with only Porsche and Tag Heuer doing brave enough to do so. Along with UNICEF, who also suspended her ambassadorial role.

The ambivalence offered by the current suspension suits top sponsor Nike, who have yet to take action and will be unlikely to do so until relevant sanction is finally confirmed. With much guessing as to where Meldonium fits in the banned substance list and difficult to gage in the scale of drug offences. Some estimates suggesting the maximum four-year ban - which seems harsh given the precedents – or as little as six months. For Nike such high profile storms are not uncommon given the breadth of their portfolio and also having lived the Lance Armstrong doping scandal for a number of years. Added to Justin Gatlin’s drug ban, Tiger Woods domestic upheaval and then Kobe Bryant’s sexual assault allegations. Leaving the US sportswear company now more adept at crisis management with reliable techniques to minimises any blemish to their instantly recognisable swoosh. 

But the added news this week that four Russian track-and-field athletes have also tested positive for Meldonium will further undermine any efforts to overturn a global doping ban of their athletes in time for the Olympics later this year. Thus far 16 Russian sportsmen and women have been caught using Meldonium since it was banned by the World Anti-Doping Agency on January 1st. Dmitry Shlyakhtin, head of the Russian Athletics Federation (ARAF), said on Monday four athletes had now tested positive, although he did not name the athletes and so it was unclear whether Russian sprinter Nadezhda Kotlyarova, who revealed on Sunday she had taken Meldonium, was included as one of the four. So unless the ban is lifted Russian athletes will miss the 2016 Rio Olympics in August. Indeed, since Sharapova admitted using Meldonium, at least 100 athletes from multiple countries have tested positive for the drug, which is used to treat diabetes and low magnesium and has been linked to increased sporting performance. 

Meldonium is particularly popular in Russia and the former Soviet Union, having been invented in Latvia it was used to help Soviet soldiers fight at high altitude in the 1980’s. 

Last week Russian swimmer Yuliya Efimova faced a life ban from the sport after she also tested positive for it. The 23-year-old four-times breaststroke world champion, who has been based in the United States since 2011, tested positive for the drug during an out-of-competition test. Efimova, bronze medallist at the 2012 London Olympics in the 200m, could be handed a lifetime ban from competitive swimming as she has previously failed a drugs test. In May 2014, she was disqualified for 16 months by the International Swimming Federation (Fina) after traces of the anabolic steroid DHEA, which speeds up metabolism and helps with weight loss, were found in her system at an out-of-competition test in Los Angeles in 2013.

In the case of Maria Sharapova though the news has created a division in the game as some believe it was an honest and genuine mistake. Others have not been so understanding with French tennis player Kristina Mladenovic saying the Russian was a “cheater”. A sentiment also has been heard from Jennifer Capriati in the wake of Sharapova string of victories - which include a total of five grand slams.

Capriati’s career was cut short by injury after winning two Australian Open titles and the 2001 French Open, and she was furious because she felt her career ended prematurely in part because she refused to cheat.

"I had to throw in the towel and suffer," Capriati posted on Twitter "I didn't have the high priced team of [doctors] that found a way for me to cheat and get around the system and wait for science to catch up.

"What's the point of someone taking a heart medicine that helps your heart recover faster unless you have a heart condition? Is that accurate?

"It's always about one thing that benefits everyone. #money. "Maybe I should start taking it? Lol I might feel better."

Capriati believes the Russian should be stripped of her 35 professional titles, which includes two French Opens (2012, 2014), the 2004 Wimbledon championship, 2006 US Open crown, and the 2008 Australian title.

"How much did it take away from the other person’s food plate," Capriati asked.

Despite being dogged by injury Sharapova is still only 28 and even if it were to be a four year ban she could still remain a winning force at the age of 32. But in admitting culpability and facing the media Sharapova has attempted to address the matter in the hope that – any ban permitting – the reaction will soon blow over. This positive action learned from the experience from other athletes caught in the past. Some of whom tried to hide in the wake of allegations. 

But with launch of Sugarpova, the savvy Sharapova will want to control the news cycle as much as possible as any prolonged bad news is unhelpful for all parties in her marketing juggernaut. As the Sugarpova brand heads into the world of gummy candies and chocolates, as well as other home goods, operating in a very attractive demographic for tennis sponsors. Consequently, Sharapova’s management will be watching events very closely and awaiting the confirmation of the possible ban to minimise the damage. As will the sponsors with Head tennis racquets, who only secured Sharapova’s services in 2013 after the Russian ended a long association with Prince. 

Head could face costly damage to their brand if the ban proves very lengthy. Not unlike Nike, the racquet maker has a lot invested in the Russian and so even the suspension could be costly to them. Hence their silence on the matter.

For most of us though taking performance enhancing drugs is an offence and merits the appropriate punishment. But then again most of us are not part of the marketing and financial juggernaut that is Sharapova and so remaining objective is perhaps easier. But if Sharapova makes $12m a year from Nike sponsorship the sportswear company must make a lot more from the association? 

But breaking that relationship would surely turn things on their Head.

OSM - All rights reserved

Wednesday, 17 February 2016

Nike Terminate Pacquiao Relaltionship


Nike has terminated its relationship with Manny Pacquiao after the six-weight world champion described homosexuals as "worse than animals".

The 37-year-old, who is running for a senate seat in his native Phillipines, later apologised for his comments.

"We find Manny Pacquiao's comments abhorrent," said a Nike statement.

"Nike strongly opposes discrimination of any kind and has a long history of supporting and standing up for the rights of the LGBT community."

The sportswear company added: "We no longer have a relationship with Manny Pacquiao."

Pacquiao's original remark was made in a television interview and he initially appeared unrepentant, writing on Instagram that he was "just telling the truth of what the Bible says".

However, he later wrote on Facebook he was "not condemning LGBT", while still voicing his opposition for gay marriage.

Pacquiao, whose last fight was a defeat by Floyd Mayweather in May, is due to fight American Timothy Bradley Jr in Las Vegas in April.


Tuesday, 8 December 2015

LeBron Like Mike with Nike


Nike has signed the Cleveland Cavaliers superstar to a lifetime deal that’s been described as the largest single-athlete guarantee in the company’s 44-year history.

While a spokesperson for the Oregon-based company declined to reveal the dollar value of the deal, a source told ESPN that it easily surpasses the 10-year, $300m contract Oklahoma City Thunder forward Kevin Durant signed with Nike last year.

James’ relationship with Nike began in 2003, when the parties agreed to a seven-year, $90m contract ahead of that year’s NBA draft lottery.

Shortly before that deal expired in 2010, a nine-year extension was signed for an undisclosed amount.

LeBron and I have been in love and obsessed with Nike since we were kids,” Maverick Carter, James’ childhood friend, confidant and long-time business manager, told ESPN on Monday. “Having built a totally innovative global business with them has truly been a dream come true. We are so excited to be taking the business to an entirely new level.

“For LeBron, he’s thrilled to know he’s a Nike guy for life.”

Thursday, 26 November 2015

Nike Swoosh Over for Coe


Sebastian Coe has stepped down from his ambassadorial role with Nike with immediate effect.

The IAAF president had been under pressure to relinquish the post he has held for nearly 40 years after being accused of a conflict of interest. In a press conference following a meeting of the IAAF’s council, Coe admitted his role had become a distraction but denied that it was a conflict of interest.

“It is clear that perception and reality have become horribly mangled. I have stepped down from the Nike position I have held for 38 years,” he said.

His decision comes two days after allegations surfaced the Coe lobbied for Eugene to host the 2021 World Athletics Championships. The American city has close links with Nike and was awarded the event without a bidding process, despite strong interest from Swedish city Gothenburg.

Coe, who said his decision was not a reaction to those claims, added: “The current noise level around this role is not good for the IAAF and for Nike. It is a distraction to the 18-hour days that I and my teams are working to steady the ship. I don’t feel my role with Nike is a conflict of interest but is has become a distraction.”

Coe also announced that he will step down as chair of the British Olympic Association after the conclusion of the Rio Games next year and that his sports marketing company CSM would not tender any IAAF work.

The 59-year-old emphasised, though, that the IAAF ethics commission had told him he could retain his roles with Nike and CSM as long as he was not involved in any decision relating to them.

Coe pointed out he retained his Nike role through his time as London 2012 chairman and BOA chief, with Nike’s rivals adidas the organisations’ partners.

Coe added: “The decision I chose to take in the last few weeks was one that I think reflected my absolute intention to focus as long and as hard as I can on steadying the ship that has been rocking rather badly recently.”

Coe has found himself at the centre of one of sport’s biggest scandals since taking over as head of the IAAF, an unpaid position, from Lamine Diack in August.

Revelations by the World Anti-Doping Agency about a state-sponsored doping system in Russia have seemed the country banned from international competition by the IAAF, a sanction the Russian athletics federation (ARAF) has now accepted.

There have been allegations of corruption and cover-ups at the IAAF too, with Diack being investigated over an alleged payment of more than €1m to cover up doping offences by Russian athletes.

However, former long jumper Jade Jones said Coe’s delay in leaving his Nike position had damaged his credibility.

She said on Twitter: “Coe should have ended role with Nike asap, to show good faith & integrity! Now he’s made himself look as if hes “like” his predecessor!”

The allegations Coe lobbied Diack about the host of the 2021 World Championships came in a BBC investigation centred around an internal Nike email from January claiming Coe gave assurances he supported the Eugene bid, but had been told by Diack that no decision on the championships would be made in April.

Diack later announced the award of the event in April, catching many by surprise. Coe, who had already rejected the claims, said his conversation in the email was entirely above board.

“I was in a conversation with a Nike official in discharging my ambassadorial role, discussing a range of issues,” he said.

“I was asked specifically about my view of what was happening (around the hosting of the championships). It wasn’t the only question I’d had in that subject - there was a high level of speculation from both bidding cities as to what the process was going to be. I sought clarification from the president of the IAAF, who told me he saw no reason as to why that bidding process shouldn’t continue.

“The best advice I could give to any cities was to put your best foot forward and get into the bidding process.”

However, culture, media and sport select committee member Damian Collins said Coe still had questions to answer. Collins, who had called on the peer to cut his ties with Nike, said on Twitter doing so was “the right decision”.

But he added: “Even though Seb Coe has given up his Nike job there are still questions to answer about the awarding of the Eugene 2021 world championships.”


Friday, 18 September 2015

Farah Can Work with Salazar - UK Athletics


UK Athletics has said it has no concerns over Mo Farah’s continuing relationship with Alberto Salazar despite doping allegations made against the Cuban-born coach.

In June, UKA announced the details of its formal review into the relationship between Salazar and Farah after allegations made in a Panorama documentary. The programme, screened at the start of June, alleged that Farah’s training partner Galen Rupp had been taking the banned anabolic steroid testosterone since he was 16 under the supervision of Salazar.

The results of the investigation carried out by the Performance Oversight Group (POG) were published on Friday.

“In July we said that there was no evidence of any impropriety on the part of Mo Farah and no reason to lack confidence in his training programme. The Oversight Group have restated that view today. They have also found no reason to be concerned about the engagement of other British athletes and coaches with the Oregon Project,” read the statement.

“The review established that the vast majority of the endurance program’s interaction with the Oregon Project is in fact focussed on Mo Farah, with very little other UK Athletics related activity. Coaching and support for Mo Farah will remain the focus of our engagement with the Oregon Project.

“The Oversight Group has made a number of organisational and procedural recommendations which UK Athletics’ Performance Director Neil Black will take forward and implement over the coming months.

“Obviously since our review was set up USADA announced that it was conducting an investigation into allegations made in respect of staff within the Oregon Project. USADA is clearly the right body to look at anti-doping issues. They have asked us not to give any further details of our review until their work has concluded. We respect their request and are of course giving them our fullest support and co-operation.”