"MS Dhoni has signed a a two-year endorsement deal worth approximately Rs 2 billion ($ 42 million) with a sports marketing agency. The deal surpasses the three-year deal worth Rs 1.8 billion ($38 million) that Sachin Tendulkar signed back in 2006.
Dhoni will be represented by a joint venture between Rhiti Sports Management run by Arun Pandey, a former Indian first class cricketer, and advertising agency Mindscapes. The venture will be responsible for the gamut of Dhoni's endorsements, from brand associations to digital rights, as well as his presence on social networking sites. Mindscapes was already managing Dhoni's endorsements prior to the deal, but not the rest of his properties.
With the World Cup being held in the India next year, Dhoni's brand value stands to increase as companies will want to take advantage of the publicity the event is bound to attract. He had signed with Mindscape last year after ending his previous deal with sports management firm Gameplan Sports in 2008. Rhiti Sports also manages fellow Indian cricketers R P Singh and Harbhajan Singh. "
Source : India news: MS Dhoni signs Rs 2 billion endorsement deal | India Cricket News | Cricinfo.com
Big bucks huh. If I'm right, is this not similar to what some Premier League footballers earn ? Or do they earn more than this ? Either way, lotta money, good on him
Dhoni will be represented by a joint venture between Rhiti Sports Management run by Arun Pandey, a former Indian first class cricketer, and advertising agency Mindscapes. The venture will be responsible for the gamut of Dhoni's endorsements, from brand associations to digital rights, as well as his presence on social networking sites. Mindscapes was already managing Dhoni's endorsements prior to the deal, but not the rest of his properties.
With the World Cup being held in the India next year, Dhoni's brand value stands to increase as companies will want to take advantage of the publicity the event is bound to attract. He had signed with Mindscape last year after ending his previous deal with sports management firm Gameplan Sports in 2008. Rhiti Sports also manages fellow Indian cricketers R P Singh and Harbhajan Singh. "
Source : India news: MS Dhoni signs Rs 2 billion endorsement deal | India Cricket News | Cricinfo.com
Big bucks huh. If I'm right, is this not similar to what some Premier League footballers earn ? Or do they earn more than this ? Either way, lotta money, good on him
