I know wikipedia is not always a trustable source, but whoever wrote this must have known sydney very closely (So i believe this story from wikipedia has some truth in it)
“ In June 2018, after one year at Kentucky, she forfeited her eligibility to compete in college to turn professional, and signed a sponsorship deal with New Balance in October of the same year. After a bidding war, she got an estimated $1.5 million in annual base pay from New Balance. Instead of hiring an agent specializing in athletes, McLaughlin contracted with William Morris Endeavor, a firm that typically represents Hollywood stars. “
I know wikipedia is not always a trustable source, but whoever wrote this must have known sydney very closely (So i believe this story from wikipedia has some truth in it)
“ In June 2018, after one year at Kentucky, she forfeited her eligibility to compete in college to turn professional, and signed a sponsorship deal with New Balance in October of the same year. After a bidding war, she got an estimated $1.5 million in annual base pay from New Balance. Instead of hiring an agent specializing in athletes, McLaughlin contracted with William Morris Endeavor, a firm that typically represents Hollywood stars. “
If you don’t believe the source, then make an educated guess. Sydney signed a 1.5 million deal 2 years ago, that probably 1.5 million is the floor of Abby’s contract. We knew there were multiple shoe companies who were interested in signing her (And there was a bidding war b/n them). But she chose to sign with puma, before the world championship (Why would she do that, if the money wasn’t great)
When you connect the dots 2 million contract from puma, is not a outrageous as you make it sound.
I never understood the reason, why shoe companies don't want track athletes to reveal their salaries. Does anybody have any idea ? ( Why only for track athletes)
She won her first US trial, by beating Shacarri and Gabby Thomas (Shaccari is making more than 1.5 million and Gabby is making more than 1 million). And she is only 22 years old.
So getting a 2 million contract out of college, is not something out of this world.
Maybe Gabby will spend a bit and purchase a new doorbell.
Some people on this Form are crazy. They are questioning the validity of the report, because Puma (or Abby Steiner) didn’t announce it officially. What they failed to realize is that, this kind of massive deals will usually takes many days to finialize the signing. But that doesn’t mean the report is fake (Smart reporters, usually broke news when it’s almost done, when about 95% of the deal is completed)
** Someone on twitter mentioned, Abby Steiner is not happy about the new being released this early, and she plans to announce the official signing on July 14
Perhaps no official announcement because, while Steiner and Puma may have reached a verbal agreement, it still has to put on paper by lawyers. Then, Steiner and her reps and lawyers have to scrutinize the agreement as well as Puma. Then, if both sides approve, the agreement is executed. This process takes time.
I never understood the reason, why shoe companies don't want track athletes to reveal their salaries. Does anybody have any idea ? ( Why only for track athletes)
The same way people in general don't reveal how much money this make. It's nobody's business. Don't think it's the shoe companies, probably more the athletes.
Perhaps no official announcement because, while Steiner and Puma may have reached a verbal agreement, it still has to put on paper by lawyers. Then, Steiner and her reps and lawyers have to scrutinize the agreement as well as Puma. Then, if both sides approve, the agreement is executed. This process takes time.
Or perhaps ... it's just untrue. The amount of mental gymnastics people go through trying to turn a random, unsubstantiated tweet into reality, is staggering, especially when there is a really, really simple explanation...
Help us build the best running shoe review site for a chance to win a LetsRun t-shirt.Help us build the best running shoe review site for a chance to win one of 10 LetsRun t-shirts.
