I've never seen such haters in my life haha...He's not marketable? Then why do you guys start 30 threads about the dude after each race he runs? Whether you are praising the guy or hating on him, he is getting people\\\'s attention and therefore is very marketable amongst the running community.
anything under a million is not that much for a major international company. their stuff is marked up so much its not a big deal. gross profit of say $50 per pair of shoes requires a max of 20,000 customers worldwide to be influenced by him. these people are likely to get more than one pair of shoes. its been analyzed by people that have a lot more info than anyone here and they must feel hes worth it
Presmustache wrote:
I don't know what's puzzling about it.
It doesn't matter if he's a household name.
The white guy on TV running with/beating Kenyans in Nike gear is worth some $$.
Yes, people are influenced by this. That's why companies do it.
Really not that hard to understand.
I hope it did not come off like I was hating on him. I personally like him but I was just wondering what value the company thinks it is getting if they are in fact paying him $1 million a year or close to it. I don't really check to see what he's wearing and even if I noticed the Nike logo or vest he was wearing I'm unlikely to make a purchasing decision based on that. Obviously other people must be doing so or the company would not estimate that the value of him to the company is worth close to $1 million dollars. Good for Galen if that is the way it works!
Here's a report on professional distance runner incomes:
PoorerThanThis wrote:
Here's a report on professional distance runner incomes:
http://runpro.com/index.php?option=com_content&view=article&id=54:athlete-earnings-study&catid=7:main-menu-content
depressing for all but the top 0.01% of runners. Trying to make it as a professional runner is a fool's gamble.
Thats why you're better off at least finishing a degree instead of just trying to turn pro before doing it.
Soon, the paychecks will dry up for Webb too. And, he doesn't have a degree to fall back on. Despite this, he could probably make it on as a coach at South Lakes one day.
Coaching or personal trainng (basically coaching too) is the way to go.
bguyj200012z2 wrote:
Soon, the paychecks will dry up for Webb too. And, he doesn't have a degree to fall back on.
You sure about that?
Well let's just say he ain't gonna be waiting around for any tooth fairies.
broken arrow wrote:
I hope Nike is paying him around 1 million per year. In any case that is pocket change considering what Nike pays out to the goons in the NBA and NFL.
Nike pays Rupp more than they do most of their athletes in the NBA and NFL. How much exposure does Nike get from Leon Hall?
bguyj200012z2 wrote:
And, he doesn't have a degree to fall back on.
Then what was he doing at George Mason?
Alan Webb has the best contract... "if" he set the American Record in the Mile, he is paid $160,000/yr for life.
Nike's value for Rupp is irrational but understandable. He went to Oregon. He is "the second coming of Pre." Phil Knight loves him--was there for Stanford for the record attempt. Nike wants Rupp to be wearing their stuff when he does whatever he might do regardless of whether or not Rupp will make that up in return. Phil Knight would lose it if a guy from Oregon medaled in the Olympics wearing Asics...
Jeff Wigand wrote:
broken arrow wrote:I hope Nike is paying him around 1 million per year. In any case that is pocket change considering what Nike pays out to the goons in the NBA and NFL.
Nike pays Rupp more than they do most of their athletes in the NBA and NFL. How much exposure does Nike get from Leon Hall?
Ywo wrote:
Alan Webb has the best contract... "if" he set the American Record in the Mile, he is paid $160,000/yr for life.
oh, thankjs, i didnt know about that. if that's mthe case, you're right.
Puzzled wrote:
...outside of distance running circles few people know who the heck he is.
"Distance circles" are pretty big! Have you checked the numbers of HS runners and the number of entrants at road races? Pretty big. And if you don't follow basketball you won't be influenced by their sponsored athletes in BB. "BB circles" will.
I recall seeing a picture of a HS boys 3200m last year. ALL 10 kids in the picture had Nike spikes. I would wager that most of them also train in Nikes. At 1 Mil. Nike is more than getting their moneys worth. Good for Rupp.
All you marketing geniuses who think Nike shouldn't be sponsoring Rupp should contact Nike and tell them your ideas. I'm sure they'd love to know how they could save a few bucks.
I've heard that Andy Wheating signed around a 900K contract with nike so Galen must be around there.
Ywo wrote:
Alan Webb has the best contract... "if" he set the American Record in the Mile, he is paid $160,000/yr for life.
You mean if he does it again or since he set it he is guaranteed 160k per year for life?
simple math wrote:
Puzzled wrote:...outside of distance running circles few people know who the heck he is.
"Distance circles" are pretty big! Have you checked the numbers of HS runners and the number of entrants at road races? Pretty big. And if you don't follow basketball you won't be influenced by their sponsored athletes in BB. "BB circles" will.
I recall seeing a picture of a HS boys 3200m last year. ALL 10 kids in the picture had Nike spikes. I would wager that most of them also train in Nikes. At 1 Mil. Nike is more than getting their moneys worth. Good for Rupp.
I see very few high school kids running in nike trainers. They may race in Nike spikes and wear Nike gear but most high school kids are running in Brooks or Asics.
w[o0eig9uhio wrote:
simple math wrote:"Distance circles" are pretty big! Have you checked the numbers of HS runners and the number of entrants at road races? Pretty big. And if you don't follow basketball you won't be influenced by their sponsored athletes in BB. "BB circles" will.
I recall seeing a picture of a HS boys 3200m last year. ALL 10 kids in the picture had Nike spikes. I would wager that most of them also train in Nikes. At 1 Mil. Nike is more than getting their moneys worth. Good for Rupp.
I see very few high school kids running in nike trainers. They may race in Nike spikes and wear Nike gear but most high school kids are running in Brooks or Asics.
This guy is right. Nike spikes are very popular but almost no one wears their trainers.
Much of Nike's benefit comes from breadth, not a single athlete. They're relying more on, when someone watches the 1500m final in the oly games, every single athlete is racing in Nike spikes. That sort of blanketing is worth way more than any individual athlete, besides people they market heavily (K. Goucher and Webb).
If you're trying to decide the merits of an individual, that's more the realm of Adidas. They don't try to compete with Nike in terms of breadth, but they grab the top few (Tyson Gay, Allyson Felix, Bekele, Geb...) and try to rely on their star power.
Ignorant buffoon wrote:
Yes, he is America's best long distance athlete right now (I consider Lagat mid-d) but no offense, he's just a skinny guy who looks like he's still 16. Solinsky is much more marketable; he looks like he'd be kicking ass in his spare time, not playing video games and playing Peter Pan in the local plays (haha I kid, I have nothing against Galen, just to emphasize my point).
LMAO......oh God the Peter Plan comment was sooooo funny!
I like Galen and respect the hell out of his running but let's face it......they don't get much dorkier than Rupp. He actually sounds as nerdy as he looks. Solinsky on the other hand......I agree. More of a kick ass warrior like personality.