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Text Chapter 442: Momentum for Progress

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    "China Field Management Center and Basketball Management Center athlete Jiang Sen (hereinafter referred to as Party B) provides advertising endorsement services and initial labor remuneration for Nike (USA) Sporting Goods Company (hereinafter referred to as Party A), which is 1 million US dollars before tax, for three years  A total of 3 million US dollars before tax. The time starts from November 1, 2007 and ends on October 31, 2010. The main contents of the advertising endorsement include"

    "If Party B wins a medal in the track and field event of the 2008 Beijing Olympic Games, the annual endorsement fee will automatically increase with the level of performance. The first level of the first level: if Party B wins an Olympic gold medal, the endorsement fee will be upgraded from 1 million US dollars per year to 2 million  U.S. dollars. The first level and the second level: if you win 2 Olympic gold medals, the endorsement fee will be upgraded from 2 million US dollars to 4 million US dollars The first level and the fifth level: if you win 5 Olympic gold medals, the endorsement fee will be increased from 16 million  U.S. dollars, upgraded to 32 million U.S. dollars. The highest total endorsement remuneration for three years is 96 million U.S. dollars before tax. If Party B wins 0 gold medals in the competition, it will be paid according to the guaranteed minimum and initial remuneration."

    "If Party B wins more than one gold medal, and several silver and bronze medals in the 2008 Beijing Olympic Games track and field event, the annual endorsement fee will automatically increase with the results. The endorsement fee corresponding to each silver medal is"

    "If Party B's national team wins a bronze medal or above in the 2008 Beijing Olympic basketball competition, and Party B's average playing time per game is more than 20 minutes, and his personal average score exceeds 15 points per game, then the endorsement labor remuneration will be actively increased.  $2 million before tax per year; If the individual average score exceeds 20 points per game, the remuneration will be increased by 4 million; if the personal average score exceeds 30 points per game, the remuneration will be increased by 8 million. Party B can receive an additional increase in remuneration at the maximum, a total of 24 million U.S. dollars for three years.

    If Party B's national team fails to win the bronze medal or above in the 2008 Beijing Olympic Games, or the average playing time per game or the average score per game is not up to the standard, and any of the above conditions are met, the additional reward clause will not be triggered.  Party A will not pay Party B any additional labor remuneration"

    "According to the agreement between the two parties, the maximum amount of remuneration that Party B can obtain from Party A is USD 40 million before tax per year, and a total of USD 120 million before tax in three years. From the date of signing the agreement, this amount will be remitted to China Shencheng South  Special account of Harmony Trust Company. The first remuneration of USD 1 million will be paid within 15 working days after the signing of the contract;  Grades are paid.

    The latest time to be given is no later than 48 hours after the closing ceremony of the 2008 Beijing Olympic Games.

    The time for the second payment of the highest pre-tax endorsement labor remuneration of USD 4,000 shall not be later than October 31, 2008, and the time for the third payment of the highest pre-tax endorsement labor remuneration of USD 40 million shall not be later than October 31, 2009  "

    "If Party B fails to win any track and field gold medal in the 2008 Olympic Games, Party B will voluntarily provide Party A with an additional 2 years of free endorsement services, and Party A does not need to pay Party B any labor remuneration during this 2-year period. Time since 2009  Beginning on November 1, 2011 and ending on October 31, 2011."

    In the large conference room of the Shencheng office building of Nike Greater China, which is the scene of today's press conference, Johnson carefully reviewed the main content of the contract under the watchful eyes of hundreds of reporters.  over again.

    The key core content of the contract is no different from what Zheng Yue talked about the day before yesterday.

    The five Olympic A-marks, plus the status chips of the members of the Chinese men's basketball national team, were used to the limit.

    Of course, the price of betting against each other is also very high.

    If you really don't get a gold medal, it is equivalent to a pre-tax income of 3 million US dollars in 5 years, and you can only get less than 30% of it.  The time is long, the income is low, and if Nike is itchy and hurts the feelings of the Chinese people, then his social image as a spokesperson will be greatly reduced, and the potential risk is not small.

    But how the hell is this possible!  ?

    Jiang Sen didn't believe that he really wouldn't get a gold medal, unless he was injured, disabled, died before the game, was kidnapped, drugged, or met with force majeure such as a meteorite hitting the earth.  Otherwise, there is absolutely no reason not to get a gold medal.

    And even if there is such a possibility, it is impossible for Jiang Sen to back down now.

    If you take a step back, you will lose everything. If you take a step further, the maximum is 40 million U.S. dollars per year, even if you only get 30% of it, that is a huge sum of 12 million U.S. dollars, 36 million in three years!  After deducting the personal tax and the commission for Zheng Yue, if you discount it in half, it will be a full 18 million US dollars, which is equivalent to RMB, which is a small goal.

    "Johnson?" Sitting at the right-hand position in the middle of the rostrum, Robin Williams, the president of Nike Greater China, next to Johnson, smiled and called Johnson, and motioned to exchange documents.

    Jiang Sen came back to his senses, looked at the smiling old white man in front of him, thought that Robin agreed to the terms of the contract,?? difference?

    Don't talk about Jiang Sen, even his lawyer, he's making a lot of money now, right?

    Ye Pei turned to look at Zheng Yue.

    I saw that Zheng Yue's face was full of ecstasy that couldn't be concealed.

    Johnson can get up to 36 million US dollars before tax, and his 5% is 1.8 million US dollars!

    It is equivalent to RMB, tens of millions!  Just a few years ago, how much was the house price in Dongou City?

    If it was five or six years ago, this amount of money could buy almost 70 or 80 sets of commercial buildings in the center of Dongou City!

    But it's not bad now, and the housing prices in Dong'ou City are still growing wildly.

    Zheng Yue was still a little vacillated about investing in real estate, but Jiang Sen's contract made him make up his mind at once.

    purchase!  must buy!

    Isn't it after the 2008 Olympic Games?

    Very soon, only ten months.

    A group of people chatted happily and walked out of the conference room. In this project, Fang Tangjing, who was doing his best in this project, followed quietly at the end of the crowd, looking at Zheng Yue calmly on the surface, but in his heart  Already thinking, Johnson's next endorsement contract should appear soon.  In addition to the large segment of shoes and clothing, sports drinks and sports equipment are not small markets.  Although it may not be possible for a company of Nike's level to appear, the accumulation of small amounts will add up to a small amount of money.

    So, if Jiang Sen and Zheng Yue eat meat, he should also be able to drink some soup, right?

    "Jiang Sen!" Fang Tangjing was thinking, just as they were about to walk into the elevator, someone suddenly shouted.

    Panda Hai took Wang Qingfeng and trotted forward.

    Seeing two old acquaintances from his hometown, Jiang Sen couldn't help but smile, "Why are you here?"

    When Wang Qingfeng saw Jiang Sen who was getting more and more handsome at close range, his eyes lit up immediately, and his face was full of excitement and nervousness.

    "Can we do an interview?"

    Pandahai looked at the large group of people surrounding Jiang Sen, and said weakly with a little nervousness, "Just half an hour."

    The two of them wanted to ask questions just now, but they didn't get the chance.

    Of course, Jiang Sen couldn't refuse, so he blurted out happily: "Of course, let's have a meal together."

    To be a promising man, you must go back to your parents and folks to pretend to be a force.

    This is the driving force behind human progress.

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