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The W - Basketball - One less endorsement for Kobe
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Kawshen
Liverwurst








Since: 2.1.02
From: Bronx, NY

Since last post: 5393 days
Last activity: 3653 days
#1 Posted on
http://espn.go.com/sportsbusiness/news/2003/0804/1589800.html

One company endorsed by maligned Los Angeles Lakers guard Kobe Bryant will not be renewing his contract, but company officials say the decision was made before Bryant was charged with sexual assault in July.

Ferrero U.S.A. signed a two-year contract with Bryant to endorse its hazelnut spread brand Nutella in January 2001. Although Ferrero signed Bryant to a one-year extension in January 2003, the company said in a statement released Monday that "marketing plans established earlier this year did not contemplate a contract renewal."

"In keeping with this decision, and considering the recent developments, Kobe's image on Nutella labels and promotional material is being phased out," the statement said.

Although a promotion for a Kobe bobblehead doll was still on Nutella's Web site as of Monday morning, the company did take the phrase, "Kobe Bryant's favorite spread" off the site in recent weeks.

So far, officials with other companies and brands that Bryant endorses, including Sprite, McDonald's, Nike and Spalding, have maintained that their contracts with Bryant are still valid. Nike's Web site still says that Bryant's first signature shoe is being released on Feb. 7, 2004. Nike recently signed a five-year deal with Bryant worth at least $40 million.

Most endorsement contracts include morality clauses that would allow the company to terminate an athlete if he or she causes damage to the brand through immoral acts or is convicted of a crime.

Kobe Bryant cottage industry
Kobe Bryant T-shirts are popping up everywhere. FreeKobe.com has shipped at least 2,000 orders with various "Free Kobe" items since launching the Web site on July 7, site creator David Feingold said.

Two weeks ago, Gary Mitton, a real estate executive from Los Angeles, started selling T-shirts with Kobe's name and number with "Colorado Prison League" on the front.

"People don't want to be caught wearing a Kobe jersey, so they'd rather have something like this that is more topical," Mitton said. "People who wear our shirts obviously have a different opinion than those wearing the Free Kobe shirts."

Other phrases available on shirts via the Internet include: "Kobe or Not Kobe: That is the Question," "Kobe is Innocent," and "Kobe was framed."

Feingold said he will have a representative handing out 150 T-shirts at Bryant's arraignment on Wednesday.

-- Darren Rovell




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Grimis
Scrapple








Since: 11.7.02
From: MD

Since last post: 4704 days
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#2 Posted on | Instant Rating: 7.29
No loss...Nutella never struck my fancy anyway and besides, the deal was for "only" $500K.



"Democracy is two wolves and a lamb voting on what to have for lunch. Liberty is a well-armed lamb contesting the vote."
- Ben Franklin, 1759
BigVitoMark
Lap cheong








Since: 10.8.02
From: Queen's University, Canada

Since last post: 6812 days
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#3 Posted on
Maybe that's why Kobe couldn't move shoes. Never mind what the shoes looked like or whether Kobe had "street cred"...if he says Nutella is good, I wouldn't listen to another word that man says.
dunkndollaz
Banger








Since: 3.1.02
From: Northern NJ

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#4 Posted on
As a Coca-Cola shareholder, I hope that Sprite dumps him and soon



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BigVitoMark
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Since: 10.8.02
From: Queen's University, Canada

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#5 Posted on
As a Coca-Cola shareholder, you should be hoping that Sprite tries to re-up with Kobe for long term and cheap. His market value may be down for now, but that won't last forever. If Sprite can try to come off as 'standing by their man' they may be able to capitalize on some small short-term damage and set themselves up for a big future gain through endorsement savings.
Net Hack Slasher
Banger








Since: 6.1.02
From: Outer reaches of your mind

Since last post: 7024 days
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#6 Posted on
"Kobe Bryant's favorite spread

Damn that little innocent slogan has a double or triple innuendo concerning Kobe

By the way, Love the Nutella. One of the more underrated things out there



cause there's limits to our liberties.
'Least I hope and pray that there are,
cause those liberal freaks go too far.

I'll crush all opposition to me
And I'll make Ted Kennedy pay
If he fights back, I'll say that he's gay
odessasteps
Scrapple








Since: 2.1.02
From: MD, USA

Since last post: 3562 days
Last activity: 3529 days
#7 Posted on | Instant Rating: 6.41

I was in the grocery store this morning and saw the Nutella bottle/jars. I thought, "Hmmm. KObe's on this package. If I save it, will it go up in value?" And then I wised up and put it back. :>




Braving the horror show that is Comicon. We're not set up, but we'll be around all weekend.
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Sheesh, Tim Floyd just got fired as coach of the New Orleans Hornets, shortly after they lost Game 7 of their first-round series against the Miami Heat. [CNNSI.
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