idol king

Chapter 101 Chapter 100: Meeting with Boss Ma Yunding Shizhong Cai's Wuzhen

Chen Duoling didn't expect everything to go so smoothly.

When she signed the contract with Jiang Fei, she said that she didn't know how to play basketball, and that if she wanted to study at school, she would also learn from Jiang Fei.

I didn't expect that there would be another beauty so soon, and it was a super professional beauty who took the initiative to deliver it to my door.

Now the "Crouching Dragon and Phoenix Young" around Jiang Fei are all gathered, Du Juan is in charge of basketball, and Chen Duoling is in charge of life and personal matters.

After the two parties took the contract, they were ready to part ways.

Jiang Fei embraces the cuckoo who smells like lavender:
"Please teach me more in the future."

"Please give me your advice." Du Juan spoke much faster, how excited it is to work for Jiang Fei!

Su Xiao rolled her eyes at the two of them:
"Okay, okay, is it comfortable to hug? If my mother is 20 years younger, I still have the roles of the two of you as assistants."

"Haha, Sister Su is not bad either!" Jiang Fei blinked at her, and Su Xiao's heart skipped a beat.

Du Juan got into the taxi directly, and then she and Su Xiao were going to Fujian to do some handover, and she also had to pack her luggage and apply for going abroad, and finally made an appointment with Jiang Fei to meet in Hangzhou in 2 days.

Jiang Fei and Chen Duoling will stay in the Imperial Capital for one more day. Imperial University has invited Jiang Fei to take pictures of his student ID card and record the admission declaration. Of course, the main reason is that Jiang Fei wants to eat copper-stove mutton hot pot, which is very comfortable.

If you have money, you have to enjoy it now. In the evening, we will start with 20 plates of mutton rolls!

"One more lamb kidney."

"Ah!!! Jiang Fei!!! You!!!"

After 3 days.

The experience of Du Juan and Chen Duoling will come soon.

The three met in Hangzhou, but the meeting place agreed by Ali Baba Group was in Wuzhen, so they could only take a Rolls Royce with Ma Yun to Wuzhen for a week-long Internet operation meeting.

Of course, Jiang Fei mainly came here to make money.

When he arrived in Wuzhen, he discovered that Cai Chongxin was also creating opportunities for Anta's president Ding Shizhong, because Taobao's partner Ding Shizhong also came, and the purpose of coming was actually for Jiang Fei.

In the end, Jiang Fei had business negotiations with Cai Chongxin, Ma Yun, and Ding Shizhong respectively.

After the Wuzhen Internet Conference, Jiang Fei became a hot topic among netizens, even surpassing the century handshake between Liu Qiangdong and Ma Yun.

No way, Jiang Fei got too much.

The first is the 500 million a year Taobao endorsement that I talked to Ma Yun face to face, just to sell the portrait rights, and Jiang Fei doesn't need to bring the goods. According to Ma Yun, Taobao will always need Jiang Fei's youthful and positive spokesperson.

So there may be annual renewals thereafter.

After Jiang Fei agreed, he handed it over to the two assistants to discuss. For him, Ali Baba Group was a super Internet powerhouse that was as stable as melon skin before he crossed over. The development of Alipay and so on later was almost invincible, so he endorsed Taobao The net is no problem.

And Anta’s Ding Shizhong is no problem. Anta may still be suppressed by Li Ning this year. After this year, it will completely become China’s No. [-] sporting goods company. This year’s rookie Thompson is Anta’s signature. There are more than the Curry series.

So Jiang Fei nodded and was willing to talk, and also wanted a sneaker endorsement (signature shoe) contract, that is, after getting the 5% copyright fee contract, Du Juan directly followed Jiang Fei's request to talk.

There are three main types of sneaker contracts: signature shoe contracts, cash contracts, and equipment contracts.

At present, only 17 top players in the league have signature shoes, some of which are still under design.It takes 16 to 24 months to design a signature shoe.

The value of signature shoe contracts generally ranges from $500 million to $1500 million per year, with some incentive clauses.Some players can also get a 5% share of their sneakers and clothing sales, and this ratio is decided by the two parties.Players also have a lot of product allowances, and brand companies will send them a lot of equipment.Before the signature shoes are designed, the players have to discuss many issues with the brand company, such as the choice of color matching and style.

Therefore, if Jiang Fei wants to sign a shoe contract, only domestic brands can do it. Nike Adi can't bird Jiang Fei now, and Jiang Fei won't lick it. The quality of Anta is much better than Nike.

Du Juan was teaching Chen Duoling on the spot while drafting and negotiating contracts. Obviously, she had studied basketball-related contracts and so on for a long time.

Cash contract:

The lower value contracts are between $20 and $30 per year, and the larger contracts are between $200 million and $300 million per year.These players who get cash contracts already have some fame, but they haven't reached the point where they can have signed sneakers.However, some players can have their own exclusive sneakers. Bill Nike of the Wizards designed sneakers with exclusive logos and color schemes for him.

Equipment contracts are very simple. There are many players who sign equipment contracts with brands, and they can get a lot of free equipment. Most of the players are drinking fountain players or inside players.

These players can also get store vouchers, which they can use to buy desired clothing or shoes online.Most players who receive equipment contracts have a product allowance worth $25000, which will be cleared on September 9 of each year.

If the player has not used up the allowance before then, they will use the money to buy things for relatives and friends or donate the purchased equipment. Some players will give a lot of equipment to their alma mater or AAU team. Some players I will give these things as benefits to the young players in my summer camp.

"To put it simply, big-name players have great hopes of getting signed sneakers, ordinary players can get cash contracts, and the lowest players will also get equipment contracts. There is also the situation that there are many brands in the storage room of each team. The team-exclusive colorway sneakers, those players who do not have a sneaker contract can choose some sneakers."

"Oh, no wonder Jiang Fei now has several pairs of brand new AJs."

Jiang Fei laughed beside him and said:
"At the time, I passed by at the Barclays Center, and I played through it in those few days."

Rhododendron reminded:
"After signing with Anta, you can no longer wear other brands of sneakers to appear in the public eye."

Jiang Fei made an OK gesture:

"Don't worry, I know very well."

It is true that in 2011, many football fans and shoe fans were not very clear about the sneaker contract, but the fans in 2023 are too clear, mainly because domestic shoes are always signed shoes, who does not know this contract method?
But now, Peak is trying to be the signature sneaker of NBA stars, and its popularity cannot be increased at all.

"Okay, promise to complete the mission."

After Du Juan's negotiation with Ding Shizhong's team, the final contract execution standard is:

5 million in 2000 years, 5% endorsement share, a new generation of signature shoes every year.

This is a direct long-term appointment. When Jiang Fei and Ding Shizhong shook hands, they said a word:

"I may make a small profit, but you will definitely not lose money. The sewing machines in the factory are waiting to be crushed."

(End of this chapter)