Thursday, November 17, 2011

Michael Phelps signs two-year shampoo deal with Procter & Gamble

Michael Phelps signs a presumed seven-figure deal to be the spokesperson for Procter & Gamble's, Head & Shoulders shampoo. P&G is stoked!

However, It reminds me of that Kurt Vonnegut quote when the United States had landed a man on the moon: “For that kind of money... the least [NASA] can do is discover God.”

In other words, for a seven-figure sum USA Swimming could have bundled the whole mens national swim team in a licensing deal and paid them 5-digits each to be the spokespeople. (Except for Lochte and Phelps since their rates are too high.)

Australia Swimming does that kind of stuff. (I have seen the contract.)

"...Michael Phelps is a three-time Olympian and one of the most iconic global athletes of our time," Belen Carazo, the director of global communications for Head & Shoulders told Reuters ahead of the announcement.

"We feel that Michael Phelps is a great ambassador for confidence -- when performing at the highest level of sport, there is simply no room for doubt."

P&G said the contract with Phelps would run for two years, until 2013. The company would not reveal the financial terms of the deal although industry experts said the swimmer's fee would almost certainly be a seven-figure sum. ..."

I bet we see Michael Phelps in 2016 in Brazil - What else can he do for a second act? A million-reasons that all contain the name George Washington in them can be rather compelling so I am not buying Octagon's rhetoric as written in the article.

So, if I was USA Swimming, I would be hitting up health clubs, airlines, supermarkets, and finally shampoo and cosmetic companies.


Gemma Wilson said...

Good luck

Tony Austin said...

I should send you the SAL contract and you can see how Swimming Australia bundles athletes.