Celebrity Endorsements
Celebrity is big business: singers, sports people, tv personalities – they just sell! And, the world’s biggest companies know it. See below a list of 14 celebrities and their endorsement contracts with certain companies. Its worth noting that these individuals have multiple concurrent contracts – it is estimated, for example, that the “Beckham brand” earns over £100k ($160k) EVERY DAY through endorsements alone!
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This is so interesting. Just one of these endorsements would set me and my family up for life!
I’ve heard stories of celebrities that get paid just to show up at a club or event. They get paid a few hundred thousand dollars for this. To me, it’s crazy, but to the club owner, it gets their business in the news and I’m sure it brings a nice pop to business. It would be interesting though to see just how much of a change in income one gets from having a celebrity show up to a club for a night.
Endorsements are a sweet deal for celebrities and athletes. Too bad there isn’t something similar for regular folks! I know I’d like the extra cash. 🙂
They could all pay me 1% of what they pay the celebrities and I’d be happy to endorse most of the stuff here 🙂
Wow – This really brings it home how much music, shoes, and household cooking items are incredibly overpriced if they have this much money to throw around for endorsements.