Tuesday, July 13, 2010
Dhoni signs Rs 2.1 billion endorsement deal
Signed a 3-year backing deal worth approximately. With a sports education advertising organization. The deal surpasses the 3-year deal value Rs 1.8 billion that Sachin Tendulkar signed rear in 2006.
Dhoni will be standing for by a combined business enterprise flanked by Rhiti sports teaching Organization Sprint by Arun Pandey, a previous Indian primary class cricketer, plus publicity organization Mindscapes. The commerce venture will be answerable for the range of Dhoni's endorsement, from brand family members to digital rights, as well as his attendance on communal network sites. Mindscapes are by now managing Dhoni's endorsement previous to the contract, but not the rest of his property.
According to the financial era, Rhiti and Mindscapes snap Dhoni ahead of a figure of additional agency such as IMG, Percept collection, PMG (promote by Sunil Gavaskar) plus the earth game collection. The Indian head currently endorse 22 brands, including PepsiCo, Reebok, Aircel, and Godrej.
Dhoni is supposed to accuse up to Rs 60 millionan backing per year plus according to Forbes periodical, took home $10 million last year, $8 million of which come as of endorsements, creation him the worlds highest earn cricketer. Organizations characteristically get a proportion of the total endorsement value of its customer.
With the earth mug being detained in the India after that day, Dhoni's brand value stands to increase as companies will want to get advantage of the advertising the occasion is jump to attract. He has sign with Mindscape last time following end his preceding contract by means of sports education teaching association solid Gameplan sports education in 2008. Rhiti sports education too manages man Indian cricketers R P Singh and Harbhajan Singh.
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