Tim Tebow Nike Deal

It is being reported by ESPN and Gator Sports that Tim Tebow has entered, or will be entering into an endorsement contract with Nike worth a base of $300,000 per year. No one form the Tebow group has publicly confirmed the deal, but everything looks to be legit. Compared to some of the other super star athletes, a base of $300,000 doesn’t seem like a lot does it? Well, from what I’ve gathered is that this contract is heavily incentivized and Tim could see a lot more money based on several factors, like what round he is drafted, how much he plays, if he becomes a starter, where he plays, etc.

A deal with Nike makes a lot of sense for Tim Tebow. Not only does it provide financial support, but it will help increase his exposure through commercials, shoes, clothing, etc. The contract probably came easy seeing as the University of Florida has a Nike contract so the reps probably know Tebow well by now. Nike is getting a great deal out of this. If Tim becomes a star in the NFL they will have locked him up for a pretty cheap price. On the other hand, if Tebow doesn’t pan out then Nike won’t be out much money.

Nike also lost out big time on their deal with Michael Vick. Sure, Nike didn’t have to pay him all those millions of dollars but their image might have been hurt a little because of Vick’s off the field issues. By signing Tim Tebow they are guaranteed to get a high character guy and one hell of an athlete.

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12 Responses to “Tim Tebow Nike Deal”

  1. laura says:

    That’s awesome if he gets the deal. Hopefully at least a percentage of his costs will be covered. Not only did Nike have to think about this one but Tim as well, because of his image. It’s not like he’s going to sign up with Jack Daniels or Trojan Condoms; Tim has factors to take into consideration as well.

  2. B. Wood says:

    I FIND IT AMUSING THAT MR TEBOW WHO IS SO PROUD OF HIS CHRISTIAN BELIEFS PULLED THIS ONE OFF WITH NO HELP FROM EVE. HE IS TAKING THE NIKE MONEY. MONEY THAT DOES NOT FALL FROM THE SKYS LIKE MANA BUT FROM THE EXPLOITED $2 A DAY WORKERS IN NIKE SWEATSHOPS. HE WILL JOIN THE LIST OF TAKE THE MONEY AND RUN ATHLETES LIKE ELDRICK WOODS AND SO MANY NBA PLAYERS. OF COURSE HIS UNIVERSITY IS IN THE SAME BOAT.

  3. Brooke says:

    I was waiting for someone to say this. If/when Tebow is attacked for his beliefs during his NFL career, his supposed ‘hypocrisy’ for signing w/corporations that have the usual corporate baggage will be one of those types of attacks. In this case, the rebuttal is easy. If Nike makes more money b/c of Tim being their spokesperson, he’ll have leverage w/Nike. Which means he’ll be able to require Nike to provide their workers w/better workplace conditions, & possibly even higher salaries, before re-signing w/Nike when his contract expires. Given the fact that Tim has, for many years, personally been dealing w/, & caring for, the very type of people that work for Nike, I wouldn’t be surprised at all if he did this. At this time, however, he’s a 22-year-old who’s preparing for the draft & has no leverage w/Nike. But at least some of that tainted Nike money will now probably be going to good causes, given Tebow’s history. That would not be the case w/many, if not most, of the other athletes Nike could have signed instead of Tim.

    Whether or not Nike will make more money while Tebow is signed w/them is debatable, though, partly b/c of this creepy Tiger Woods commercial. I’ve already seen people saying that they want nothing to do w/buying anything by Nike b/c of this commercial. I don’t think many people will do that, but it’s possible enough will that Nike will show a dip in sales.

  4. B. Wood says:

    IF TEBOW HAD GUTS AND A CONSCIENCE HE WOULD HAVE TOLD NIKE TO STICK IT WHERE THE SUN DOESN’T SHINE. HE HAS PLENTY OF “LEVERAGE” NOW.

  5. Brooke says:

    Bullshit. For all of his success in college, right now Tim’s simply another aspiring NFL player & has no more leverage w/them or any other corporation than you or I do.

  6. abby m. says:

    You tell him Brooke!!! Everyone needs to stop slamming Tim for endorsing a product! All he is doing is making Nike products even bigger than before and boosting his fame! THERE IS NOTHING WRONG WITH THAT!

  7. laura says:

    nike doesn’t need to be any larger than it is. no matter the size the cream is going to be skimmed off the top, as in profits. what tim will hopefully do is put a large percentage of what he gets into his foundation, once he has gotten an nfl contract that enables him financially to do so. once and if he gets leverage with nike because of profits they receive through him he can possibly put work quality requirements into the contract, he can visit the factories, he can return a percentage of the profits to the people that work for the company or he can set up a branch of the foundation near the factory giving the workers medical and other aide, hopefully. tim has a conscience, he well use the money well and do what is right. the only reason why tim would try to get more recognition is to bring attention to the foundation and christianity.

  8. abby m. says:

    I know Nike is already HUGE…, but Tim can still help the franchise just because of his name,accomplishments, and the number of fans he has. Flordia and Tim Tebow fans will be buying Nike like crazy! I think Nike will have a huge boost in sales after signing Tim to endorse their products. That’s just my opinion though.

  9. laura says:

    abby, stick to what you do best, whatever that is…

  10. Scott says:

    WOW!! You all are crazy!! Let the man make a living just like you do, or don’t. Are you really shocked to hear that someone as talented as Tim is, would be getting what he is? Really? Come on. Every sport, just like every profession, pay those who perform at a top level very well. Now there is a Revelation. So when Payton Moss or Randy Manning :) got multi-million dollar contracts plus endorsements where were your criticisms them? You probably don’t even know who they are. It sounds to me like the real issue for some of you is that Tim is an outspoken Christian. You probably don’t even know that a football isn’t round, is it?

  11. JANETTE MARTINEZ says:

    TIM TEBOW IS SO TALENTED AND HE IS A MAN OF GOD!!! PEOPLE ARE JUST SO JEALOUS OF HIM. THANK GOD, ALL THE RIDICULOUS COMMENTS ABOUT HIM, DOESN’T BOTHER HIM AT ALL. HE USED THEM AS HIS MOTIVATION. THAT’S WHY I LOVE THIS GUY!!!

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