Did You Know the First Professional Athlete to Earn a $1 Million Endorsement Deal Was...?

Compensation Data Facts - What's What in Compensation

DID YOU KNOW?

 

History of compensation... In 1964, bowling legend Don Carter did something that no one in baseball, football or golf ever did: He became the first athlete in American sports history to sign a $1 million marketing endorsement contract, with bowling ball manufacturer Ebonite.

As early as 1959, Carter was grossing more than $100,000 a year through tournaments and endorsements for products such as Miller Lite, Palmolive Rapid Shave and Wonder Bread. Responsible for bringing the sport of bowling to television, he was a pioneer of marketing who outpaced his contemporaries in the sports world. Four years after his record-breaking endorsement deal, Super Bowl quarterback "Broadway" Joe Namath famously shaved off his moustache with a Schick razor for a mere $10,000. It took another 7 years for a professional athlete to land a $1 million endorsement deal.

More tomorrow...


PeopleTicker provides Market Intelligence to Human Resources professionals and Procurement teams helping organizations benchmark their existing suppliers, and design more cost effective new programs that maximize both full time regular and contingent labor spend. By combining big data aggregation with crowd-based validation through its SkillsVillage eco-system of experts, PeopleTicker provides the most accurate and current compensation information available in the market today.

Views: 205

Comment

You need to be a member of RecruitingBlogs to add comments!

Join RecruitingBlogs

Subscribe

All the recruiting news you see here, delivered straight to your inbox.

Just enter your e-mail address below

Webinar

RecruitingBlogs on Twitter

© 2024   All Rights Reserved   Powered by

Badges  |  Report an Issue  |  Privacy Policy  |  Terms of Service