Category: Basketball

Andrew Bogut Signs On As Bausele Ambassador

Image: Bausele
Image: Bausele

Golden State Warriors Centre Andrew Bogut has signed on as an ambassador for Australian watchmaker Bausele. The terms of the deal have not been disclosed.

Bogut is currently in the last year of a 5 year, $60 million contract. He recently re-signed with the Warriors for a further 3 seasons, taking his contract to the end of the 2016/17 season. Andrew’s off-field portfolio also includes partnerships with Nike, Qantas and BodyScience. He also has the Andrew Bogut Basketball Centre.

 

This is not Bausele’s first foray into sport, as they currently sponsor athletes in the fields       of sailing and cycling respectively.

*Andrew Bogut is managed by Bruce Kaider at One Management*

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Elite Sports Properties Sign Representation Partnership For Dante Exum

espNBA Draft hopeful Dante Exum’s US agency, Landmark Sports, has signed a representation partnership with Elite Sports Properties (ESP). ESP will oversee Dante’s commercial rights in Australia. ESP are one of the largest sports management companies in Australia, representing athletes in sports including AFL, cricket and basketball.

The 18 year-old guard is predicted to go at number 5 in the upcoming June draft, which could net him a guaranteed contract worth around $6 million, with that figure potentially increasing to $19 million over 5 years. Exum signed with Rob Pelinka back in January, and joined Kobe Bryant and James Harden in being represented by the Landmark Sports agent.

Speaking on behalf of ESP, associate director of talent Tony Box said the company will look to find marketing and ambassadorial partnerships in Australia for Dante.

This partnership is similar to that of NBA players Andrew Bogut and Patty Mills, who both have Australian representation through One Management and The Lighthaus respectively.

 

(H/T Australian Sponsorship News)

Andrew Bogut’s Agent Exits Lagardere, Heads To Relativity

andrew-bogut-golden-state-warriors-nba-nba-426334294David Bauman, Andrew Bogut‘s US based agent, has left Lagardere and joined Relativity Sports. He will operate as Senior Vice President of Basketball, and will report to Dan Fegan, who also came from Lagardere. Bauman had previously worked at FAME and SFX Sports.

Bauman takes with him his star client in Bogut, who recently signed a 3 year, $36 million dollar extension with the team. Bauman’s other client, Gary Neal, is currently plying his trade with the Charlotte Bobcats and has a deal through the end of next season. Bauman will still have to pay a percentage of his commission made on these contracts to Lagardere, unless a buyout was agreed. Bogut also has an Australian based agent in Bruce Kaider of One Management. Andrew bought into One in 2011 and now serves as a Director. This move by Bauman should not affect his Australian interests.

Relativity’s basketball division, run by Fagen, now represents 28 NBA players, including the likes of Dwight Howard, Ty Lawson and John Wall. Combined, the division now has nearly $600 million in contracts negotiated for the future. The company also represents talent in football and baseball.

This leaves Mitchell Butler as the number 1 basketball agent at Lagardere. He currently manages 2 NBA players in Avery Bradley and Tony Snell.

(H/T Sports Business Daily)

Dante Exum Declares For The NBA Draft, Signs With Agent

Rising basketball star dante exum18 year old Australian basketball star Dante Exum has decided to forego the college system and declare for the 2014 draft. According to DraftExpress’ mock draft, Dante is projected to go at pick 5, being the first guard taken.

After taking several meetings with agents in Melbourne this month, Dante has decided to sign with Rob Pelinka and Landmark Sports. According to HoopsHype, Landmark Sports currently has 16 players with contracts worth over $130 million this season alone in the NBA. Dante joins quite the esteemed company, with Rob also representing stars such as Kobe Bryant, James Harden and Eric Gordon. Overall, Landmark Sports has over $366 million in contracts negotiated till the end of the 2017 season.

If Exum is selected as the 5th overall pick, he will make a garaunteed $6.1 million over the first 2 years, with a potential maximum of $19.1 million if all team options are exercised.

(H/T ESPN)

Chandler Parsons Leaves Nike, Joins Rondo At Atna

chandler_parsons2In October I reported that Rajon Rondo had teamed up with Chinese sportswear company Atna. At the time it was heavily rumored that Houston Rockets forward Chandler Parsons was going to be next in line. Today that confirmation came through.

Despite considering offers from Adidas and Under Armour, Parsons opted for a much more lucrative and longer deal with Atna. The 25 year old is currently in the final year of his rookie contract and is set to maximize his on courts earnings as well. He is due to make $916,000 this season but that figure could reach around $7 million next season should he opt out of his final year and become a restricted free agent.

Many players are opting against signing with the likes of Adidas and Nike for smaller, emerging brands. San Antonio guard Tony Parker is among a small number of NBA players who are currently sponsored by sportswear brand Peak. High profile NBA players will still opt for the bigger companies, as their brand awareness helps them market their shoes to a wider audience.

*Chandler Parsons is represented by Dan Fegan*

Omer Asik Switches Agents In Renewed Bid For Trade

hi-res-452310191-omer-asik-of-the-houston-rockets-walks-up-the-court_crop_northHouston Rocket’s Center Omer Asik has fired his agent, Andy Miller of ASM Sports, in a renewed bid seek a trade. Asik was signed by Houston at the start of last season to a 3 year, $25 million dollar contract. However, the deal is heavily back ended, similar to that of Jeremy Lin‘s deal. He will make $5.225 million this season and $14.9 million next season. His role diminished significantly with the signing of Dwight Howard.

Arn Tellem, who works for the Wasserman Media Group (WMG), will take over his representation duties. Arn represents 44 players in the NBA, including superstars Pau Gasol and Derrick Rose. It is reported that Omer Asik moved over to WMG and Arn Tellem to further put pressure on Houston.

Andy Miller and ASM Sports will still receive commission on his current contract, unless a buyout has been agreed.

(H/T Space City Scoop)

Breaking Down Kobe Bryant’s Next Contract

sign1Arguably one of the greatest players of all time, Kobe Bryant is entering the last year of his contract with the Los Angeles Lakers. He is currently the highest paid player in the NBA, due to make $30,453,000 this season, which is nearly $8 million more than the next highest paid player, Dirk Nowitzki.

Kobe is currently recovering from an injury which will prevent him playing the full 2013-2014 season. No-one is underestimating Bryant’s ability to return to his dominant self, but at the same time he is 35 and heading to the twilight of his career.

There has only ever been one other player who has made over $30 million in a season – Michael Jordan. With the new Collective Bargaining Agreement (CBA), it seems this is where it will end. Kobe’s pay has escalated thanks to previous CBAs. He can receive a 5% pay rise on his salary this year, which would put his pay at around $32 million. I think both Kobe and the Lakers know this is unfeasible.

So what will Kobe’s next contract look like?

Kobe is focused on winning. He wants another championship. However, he also wants to get paid his worth. Even if he was to hit free agency there would be no club willing to part with $32 million a year for Kobe, let alone over 3 or 4 years. The Los Angeles team isn’t at the championship level it was a few years ago, and this may persuade Kobe to seek opportunities elsewhere. The Lakers do have approximately $50 million in cap space next season, so if there was a way to fit Kobe in and sign quality players, the team could be in contention for finals.

As suggested by Sportingnews, Kobe could take a pay of approximately $20 million per season, which would leave room for a max deal player and another player on roughly $10 million. This would add quality to the Lakers side and maintain the legacy of Kobe as a one team player.

If Kobe was to leave the Lakers his personal brand could be tarnished. He already has a significant contract with Nike, which includes his own shoe, a best seller worldwide. By switching teams, many fans may choose to opt for another brand. Not to mention jersey sales. When Jordan signed for Washington, how many people bought his new gear?

In closing, I believe a 3 year, $65 million deal will see Kobe stay at the Lakers. This still ranks him as one of the highest paid players in the NBA, putting him in the same pay range as LeBron James.