In the 1980's I was offered 100 a race by the founder of Powerbar to run for them. I'd just beaten him in an 8k. I held out for 150....I'm still waiting
In the 1980's I was offered 100 a race by the founder of Powerbar to run for them. I'd just beaten him in an 8k. I held out for 150....I'm still waiting
shouldn't say this but wrote:
I've noticed an increasing situation in which the tall and good looking people feel they deserve more than they get. They whine and end up losing, because it turns out they aren't actually worth more just because they are really good looking.
I think Quigley might be part of this. She has gotten whatever she wants in the past, partly on her looks, but now she's hitting a roadblock. So she walked away from Nike, confident that like in the past her looks would help land her in a good place. Because that's been her pattern in life.
This has always been a thing, but I think it's increased with social media making photographs the coin of the realm.
Your bias is showing, as you are sure reading a lot into a anonymous post that simply states what Nike's offer and the counter was. Even if those numbers are true, there is generally a lot more that goes into a contract - as in how much was guaranteed, what was bonus, what types of marketing were required, and a ton of other things so that top end number is important but far from the only thing to consider.
Also its her job to maximize the revenue she can get in what is a pretty short time frame that can end suddenly at any time. Perhaps she had a credible outside offer that was close to her counter, so it would have been stupid to accept the lower offer. Perhaps that $150K had all sorts of clauses she didn't like (things like who else she can get to sponsor her)
So unless you know the whole situation, its impossible to say if that was a good move or a bad one by Quigley - its even more impossible for you to make judgments on her internal self image based on what you read on these boards
VIP in the peanut gallery wrote:
LMW9 wrote:
Man, I'd be ecstatic if a company offered me $150,000 to run for a living.
Me too, but that doesn't mean I would keep working for someone who wouldn't give me a raise when other companies would pay me more for the same work.
Fair point.
Demethedream wrote:
Reminds me a little bit MAYBE of someone like Meb or Kara or even Nick Symmonds who were given a less than ideal contract from Nike (Nicks offer was 70k) and while they may have gotten lower deals with other companies like Brooks or Skechers, they also signed deal with a watch company, a sock company, a sunglass company, apparel, a nutrition company, etc etc and collectively made a lot more than just with Nike contract.
This is the vibe I get from Colleen as she is hustling a LOT of different things on IG lately. She stands to make more with a lot of other side deals and side brand versus Nike who makes darn near everything.
I think you're right. She has her granola business and "Chef Colleen" series. Smart woman to already have other side businesses that could become her main income after she hangs up the spikes.
I think it would be smart to get something in ink before the trials, when she really only has potential to lose value. The way the women's 3k is we all assume the team will be Coburn, frerichs and quigly, and anyone she negotiates with now will be operating under that assumption.
There's probably a 90-95% chance that will still be the case after the trials, but what if she has a bad day and misses out? Leah O'connor has a 9:17 PR and has been running her old PR's in other distances, it might not be as much of a given as we're all assuming this year. If she misses out on an olympic team you have to think all her potential deals get much smaller
` wrote:
LMW9 wrote:
Listened to the beginning and Nike didn't offer what she felt she was worth, so she left the company and BTC. She's talking with a few companies and hopes to make a sponsorship announcement within the next few weeks.
I'd be fascinated to the know the numbers:
a. What Nike offered
b. What she thinks she's worth
As the saying goes, "You're only worth what someone is willing to pay". She needs to be careful, especially now when shoe companies are tightening the purse strings. Oiselle? On? Tracksmith? She's very marketable, but is she fast enough?
Good Luck!
"Go Run One"
She was cool, then became Woke - Emma is totally cool and way faster in the steeple.
Quigs should hang up the spikes and go back to modeling...too late, she's too old for that now.
The price you pay for going Woke.
Go Woke, Go Broke.
Portland Hobby Jogger wrote:
The financial aspects of the sport would be better for athletes if World Athletics and USATF would loosen restrictions on sponsor logos. Allow track athletes to have multiple brands advertised on their singlets like triathletes or cyclists and get rid of the size restrictions. I think that would entice other brands into the sport and break the footwear/apparel manufacturer's grip on the sport.
Using Quigley as an example, she could continue to use Nike gear (on a gear only deal) while wearing Nike kit emblazoned with a main money sponsor like Sephora or Apple or Yoplait or Delta Airlines or Michelob Ultra or...
It used to be like this 40 years ago until IAAF and the shoe companies gradually locked up all sponsorships. You would see guys racing the roads in a Bud Light singlet or with an airline, soft drink, or hotel company printed on their shorts. Consequently, when athletes got restricted it also drove other non-running sponsors from the sport. Back then, you could call up your local beer distributors to pitch a road race and one of them would fund it within a week (permits, traffic control, shirts, live music, etc.) and also provide kegs for the after race beer garden. Nowadays you are forced to do a lame charity tie-in (which jacks up entry costs) and find the most innocuous (and stingy) title sponsors possible.
I like the idea of letting athletes' jerseys feature multiple sponsors.
fghrunner wrote:
I think it would be smart to get something in ink before the trials, when she really only has potential to lose value. The way the women's 3k is we all assume the team will be Coburn, frerichs and quigly, and anyone she negotiates with now will be operating under that assumption.
There's probably a 90-95% chance that will still be the case after the trials, but what if she has a bad day and misses out? Leah O'connor has a 9:17 PR and has been running her old PR's in other distances, it might not be as much of a given as we're all assuming this year. If she misses out on an olympic team you have to think all her potential deals get much smaller
+1
Aouita 84 wrote:
` wrote:
I'd be fascinated to the know the numbers:
a. What Nike offered
b. What she thinks she's worth
As the saying goes, "You're only worth what someone is willing to pay". She needs to be careful, especially now when shoe companies are tightening the purse strings. Oiselle? On? Tracksmith? She's very marketable, but is she fast enough?
Good Luck!
"Go Run One"
And that saying is true now more than ever. I wonder if athletes are allowed to talk with other sponsors in the last year of their contract. Just seems risky to leave one without having another lined up.
Mr Buffet wrote:
She was cool, then became Woke - Emma is totally cool and way faster in the steeple.
Quigs should hang up the spikes and go back to modeling...too late, she's too old for that now.
The price you pay for going Woke.
Go Woke, Go Broke.
I agree to a point. Emma has come close at times to verging on wokeness.
Depends on the type of modeling, I think. I could see her doing fitness modeling and videos. Maybe spokesperson type stuff as well.
BigDawg69 wrote:
To be fair, i don't even step on the track for anything less than 300k.
Spending 22-35 being a pro distance runner has to be fairly detrimental to any future career, and is probably a huge hinderance on lifetime earnings. Sure, it's nice to follow your dreams. However, it's also nice to not have to start a career at 35.
:-)
I think the smarter runners are those who have side businesses. Colleen has her food thing going, Emma seems big into investments.
Lots of people start over in their mid to late 30s, some because they have to others because they want to. Runners (especially the bigger names) can bring their expertise to bear with schools and universities or private companies.
Still Waiting wrote:
In the 1980's I was offered 100 a race by the founder of Powerbar to run for them. I'd just beaten him in an 8k. I held out for 150....I'm still waiting
That man owes you some money--and some PowerBars.
heard through the grapevine. wrote:
LMW9 wrote:
*obligatory source question*
If true, that number seems unreasonable, no?
From a credible source, and this is one thing you will read on Letsrun that’s actually true.
Don't know this guy's source, but have also heard v similar figures but with added wrinkle.
Offered a contract extension for $250,000 at the end of 2019, but turned it down in the hopes of smashing Tokyo 2020, testing the open market and using other brands to drive up her price. Then covid hits, brands slash budgets, she goes back and asks for that $250,000 but they offer $165,000.
She walked thinking a new deal was imminent, but was more complicated involving multiple brands. The delay hurt her as all the main sponsors have now splashed out ahead of Tokyo and maxed out what they had allotted for spending on new athletes (i.e. Puma), so not many have a quarter mil to drop on someone, even as marketable as Colleen.
As to how reasonable that is? I dunno, you tell me. $165,000 would still probably make her better paid than a good chunk of BTC - and probably making 2x or 3x as much as any of the non-US contingent of the team (think Scott, Ahmed, GDS who are all considerably more talented), but track contracts are a) secret b) not really about rewarding talent or speed soooo *shrug.*
I would also add that if I were her I'd drop her agent. The time to figure out a deal was December, not March. The fact that she went to altitude with BTC, lived with teammates, and did the first few workouts with them says to me that she genuinely did not know what she was doing contract wise at the start of January. That's an awful position for an athlete to be in just six months out.
The second best time to figure out a deal was after the Prickly Pear invite - she got tons of good publicity/press with her fundraiser/charity singlet *and* she beat Schweizer and Cranny in the 3000m. Made her look great on/off the track.
But now brands have blown their budgets, she's got herself injured and pulled out of a race while other athletes have continued to impress. Not only that, but we're almost at the end of the first quarter so that's potentially 25% of the year's sponsorship earnings lost.
As an agent, if you can't get a good deal for a top 10-15 athlete in their discipline who also has 250K instagram followers, then either you're a terrible agent or your client is asking for too much. And if you're client is asking for too much, you're still probably doing a bad job because you need to tell your client that they're asking above their value and that it will make things difficult.
Anyway, just my two cents as someone who has dealt with one or two T&F sponsorships before.
LMW9 wrote:
Still Waiting wrote:
In the 1980's I was offered 100 a race by the founder of Powerbar to run for them. I'd just beaten him in an 8k. I held out for 150....I'm still waiting
That man owes you some money--and some PowerBars.
The founder of PowerBar, Canadian Olympian Brian Maxwell, is unfortunately, dead.
Mr Buffet wrote:
LMW9 wrote:
That man owes you some money--and some PowerBars.
The founder of PowerBar, Canadian Olympian Brian Maxwell, is unfortunately, dead.
Oh, gosh. I'm sorry.
another perspective wrote:
I would also add that if I were her I'd drop her agent. The time to figure out a deal was December, not March. The fact that she went to altitude with BTC, lived with teammates, and did the first few workouts with them says to me that she genuinely did not know what she was doing contract wise at the start of January. That's an awful position for an athlete to be in just six months out.
The second best time to figure out a deal was after the Prickly Pear invite - she got tons of good publicity/press with her fundraiser/charity singlet *and* she beat Schweizer and Cranny in the 3000m. Made her look great on/off the track.
But now brands have blown their budgets, she's got herself injured and pulled out of a race while other athletes have continued to impress. Not only that, but we're almost at the end of the first quarter so that's potentially 25% of the year's sponsorship earnings lost.
As an agent, if you can't get a good deal for a top 10-15 athlete in their discipline who also has 250K instagram followers, then either you're a terrible agent or your client is asking for too much. And if you're client is asking for too much, you're still probably doing a bad job because you need to tell your client that they're asking above their value and that it will make things difficult.
Anyway, just my two cents as someone who has dealt with one or two T&F sponsorships before.
This is all good stuff you wrote here. It definitely seems that Quigley has gotten ahead of herself in all of this, blowing her relationship with Nike and losing her valuable BTC coaching in the process.
Let’s be clear, she is not ever going to be a world champion or Olympic medalist. At best she will be a nice show pony for a smaller running brand, but will they put up with her demands?
another perspective wrote:
I would also add that if I were her I'd drop her agent. The time to figure out a deal was December, not March. The fact that she went to altitude with BTC, lived with teammates, and did the first few workouts with them says to me that she genuinely did not know what she was doing contract wise at the start of January. That's an awful position for an athlete to be in just six months out.
The second best time to figure out a deal was after the Prickly Pear invite - she got tons of good publicity/press with her fundraiser/charity singlet *and* she beat Schweizer and Cranny in the 3000m. Made her look great on/off the track.
But now brands have blown their budgets, she's got herself injured and pulled out of a race while other athletes have continued to impress. Not only that, but we're almost at the end of the first quarter so that's potentially 25% of the year's sponsorship earnings lost.
As an agent, if you can't get a good deal for a top 10-15 athlete in their discipline who also has 250K instagram followers, then either you're a terrible agent or your client is asking for too much. And if you're client is asking for too much, you're still probably doing a bad job because you need to tell your client that they're asking above their value and that it will make things difficult.
Anyway, just my two cents as someone who has dealt with one or two T&F sponsorships before.
Great posts, another perspective. Her agent bungled the whole situation and now she's under the gun. Hope she gets it all sorted soon.
inthegap wrote:
another perspective wrote:
I would also add that if I were her I'd drop her agent. The time to figure out a deal was December, not March. The fact that she went to altitude with BTC, lived with teammates, and did the first few workouts with them says to me that she genuinely did not know what she was doing contract wise at the start of January. That's an awful position for an athlete to be in just six months out.
The second best time to figure out a deal was after the Prickly Pear invite - she got tons of good publicity/press with her fundraiser/charity singlet *and* she beat Schweizer and Cranny in the 3000m. Made her look great on/off the track.
But now brands have blown their budgets, she's got herself injured and pulled out of a race while other athletes have continued to impress. Not only that, but we're almost at the end of the first quarter so that's potentially 25% of the year's sponsorship earnings lost.
As an agent, if you can't get a good deal for a top 10-15 athlete in their discipline who also has 250K instagram followers, then either you're a terrible agent or your client is asking for too much. And if you're client is asking for too much, you're still probably doing a bad job because you need to tell your client that they're asking above their value and that it will make things difficult.
Anyway, just my two cents as someone who has dealt with one or two T&F sponsorships before.
This is all good stuff you wrote here. It definitely seems that Quigley has gotten ahead of herself in all of this, blowing her relationship with Nike and losing her valuable BTC coaching in the process.
Let’s be clear, she is not ever going to be a world champion or Olympic medalist. At best she will be a nice show pony for a smaller running brand, but will they put up with her demands?
Yup although I think it was time for a different coach. Her previous training kept leading to injuries. Maybe she should have given up the steeple for the flat races. Worked for Eilish McColgan.