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Seattle car dealership to pay $420,000 promotion after Seahawks shut Giants out

Jet-ChevroletOver the years, we have seen several car dealerships offer to give away free stuff if their local NFL team shuts out its opponent. Jet Chevrolet, located about 25 miles outside Seattle, was one of those dealerships this year. Perhaps they did not realize how good their Seahawks really are.

Prior to Seattle’s game against the New York Giants, Jet Chevrolet promised to shell out $420,000 for 12 lucky recipients to split equally if the Seahawks managed to shut out the New York Giants. Your final score? 23-0, good guys.

“This is crazy,” said Jim Johnson, one of the owners of the dealership, according to ESPN.com. “We never expected that we’d actually be giving away the money.”

Fortunately, the giveaway will only cost the dealership the $7,000 they had to pay to insure the promotion. But still, the Giants have not been shut out at home since Week 1 of the 1995 season. A Washington, D.C. car dealership ran a similar promotion when the Redskins faced the Giants last season, and they got away with it.

Jet Chevrolet’s contest ran from Wednesday to Saturday and was open to anyone who wanted to enter. Those who bought a car and entered the contest received 100 entries. Now, 12 lucky winners will be taking home $35,000 each.

To make matters worse, Johnson said the dealership wanted to run the promotion earlier this season when the Seahawks faced the San Francisco 49ers, but pushed it back to make sure everything was in accordance with state law. The Niners scored three points against Seattle in Week 2 and 19 in Week 14, so Jet Chevrolet would not have been shelling out $420K. Or, should we say, the insurance company would not have had to dish out the cash. Oh well, that’s what they’re there for.

Scott Boras: Jay-Z isn’t the reason for Robinson Cano’s big contract

Scott BorasScott Boras took a shot at Jay-Z in the latest round of the feud between the two businessmen.

Jay-Z recently became a sports agent and has signed several notable athletes including Kevin Durant and Victor Cruz. His biggest move was signing Robinson Cano away from Boras right before the second baseman entered free agency. Jay-Z burned Boras with a diss on a song released over the summer, and now Boras is minimizing the role Jay-Z had in Cano receiving a 10-year, $240 million contract offer from the Mariners.

“When you’re bringing the prettiest girl to the prom, you don’t really pay attention to who he’s dancing with, unless it’s a very unusual step,” Boras said at the winter meetings Wednesday, according to the Associated Press.

The AP says that quote was part of Boras saying it was Cano’s talent, not his representation, that got him the deal.

Boras also said it’s easier for Jay-Z to get a big deal after all the groundwork agents like him have laid.

“It’s very different to be the creator of the umbrella versus those who stand under it,” Boras said.

I’m not sure if I agree with his comments.

Jay-Z and CAA Sports got the Mariners to agree to a 10-year, $240 million deal even when it looked like no other team was offering anything close to that amount. The Yankees were said to be offering around $160 million for seven years and unwilling to go over $200 million to retain him. Steve DelVecchio even explained this week that Jay-Z may have pulled a classic Boras move and gotten Seattle to bid against themselves, which likely added an extra year and $15 million to the contract.

If you can’t credit Jay-Z for a job well done on the Cano contract — which is the fourth-richest in MLB history — then I’m not sure how Boras expects to take credit for any of the big contracts he’s negotiated. Or, by his logic, then the most talented players in baseball don’t even need agents because they’re going to get huge contracts no matter what.

Nice try, Boras, but the comment just makes you look bad.

Bryce Harper accidentally tweets picture wearing Nike shorts, replaces it with Under Armour

Bryce-Harper-Nike-shorts

Bryce Harper is a proud endorser of Under Armour. The Washington Nationals phenom is one of the most important athletes the sports apparel company has on its roster. Earlier this week, Harper accidentally betrayed them.

On Thursday, Harper posted a photo on Twitter to show his followers that he has successful undergone knee surgery to repair a bursa sac and is back to exercising. He originally posted the photo you see above of himself riding an exercise bike, but then deleted it. Fortunately, DC Sports Bog was able to capture the tweet first. Can anyone guess why Harper deleted it?

The Under Armour man accidentally showed his 350,000-plus followers that he was working out in Nike shorts. Tisk, tisk. Harper later posted another photo of him on the exercise bike, this time proudly wearing Under Armour shorts and a hoodie.

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LeBron James now beloved – stars in Samsung and Nike commercials

LeBron James Samsung

One of the most notable aspects of opening night of the NBA season on Tuesday was how much LeBron James was featured in the commercials. The Miami Heat star was the pitchman in new Samsung Mobile and Nike commercials that aired nationally throughout the first two games, both of which portrayed him as a lovable, friendly and wholesome character, or as branding expert Nate Jones calls it, the “athlete next door.”

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Adidas Andrew Wiggins $180 million shoe deal offer likely a fake

Andrew Wiggins KansasA story circulated on Tuesday saying that adidas was prepared to offer Kansas freshman basketball player Andrew Wiggins a $180 million shoe endorsement deal. The story made headlines for obvious reasons — that’s a huge amount of money, especially for an athlete who hasn’t even played a minute of college ball yet. But if the report didn’t sound right to you, and it didn’t to us, that’s probably because the quoted figures for the prospective contract may have originated from a fake letter.

The Tuesday report about the prospective adidas offer came from Bleacher Report, which cited sources in saying that the sports apparel company was preparing a $180 million offer for Wiggins. Here’s what they wrote:

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Arian Foster stock will soon be something fans can invest in

Arian-Foster-Rips-Fantasy-OwnersMillions of people across the world complain about how much professional athletes make on a daily basis. The average person has a hard time fathoming how someone could get paid $20 million a year to hit a baseball or shoot a basketball. Why can’t we have some of that money? That’s how a lot of people think, and thanks to Houston Texans running back Arian Foster that could soon be possible.

According to ESPN.com’s Darren Rovell, a company called Fantex Brokerage Services announced on Thursday that it is planning to create an opportunity where fans can invest in stock that is directly related to the performance of a professional athlete’s brand. The first athlete that the public will be able to buy stock in is Foster.

Foster has reportedly agreed to a deal with Fantex where the company pays him $10 million in exchange for a 20% stake in his future income — both on and off the field. Fans who buy stock in Foster will be investing in his business value. As we know, athletes who perform well on the field are more likely to profit from endorsements and other business opportunities. Should that happen with Foster, for example, his stock might go up. If he somehow became an ineffective player and lost his starting job, the opposite might happen.

“Fantex is bringing sports and business together in a way never previously thought possible,” company CEO Buck French told ESPN in a statement. “By building a marketplace that allows customers to buy shares in a tracking stock linked to the value and performance of an athlete’s brand, Fantex is enabling a new level of brand advocacy through ownership.”

Fantex will pay Foster $10 million now and can collect 20% of his earnings going forward. The company is currently taking reservations and could be selling Foster stock publicly by next month.

This obviously raises a ton of questions that only a financial expert could answer adequately. Will athletes be willing to give up a portion of their future income early in their careers, essentially making them the equivalent of a start-up company? As French pointed out to Rovell, some athletes would even be a good investment later in their careers because of post-retirement business ventures and endorsements. Brett Favre and Wrangler come to mind.

We expect to hear much more about this in the coming months.

Kevin Durant-Dwyane Wade beef not a Gatorade promotion

Kevin Durant Dwyane Wade

Many suspected the beef between Kevin Durant and Dwyane Wade that was manifested over social media this week was just a promotion for Gatorade. After all, the two were featured in a commercial for the sports beverage last year. Now there seems to be definitive proof that this issue had nothing to do with Gatorade.

[Previously: Dwyane Wade and Kevin Durant in beef over top 10 slight]

ESPN’s Darren Rovell reported on Friday that Durant’s deal with Gatorade will expire next week and not be renewed. He also says the deal expiring has nothing to do with Durant’s issues with Wade.

I didn’t think the beef was manufactured for a few reasons. For one, the setup for how the whole thing came up was too random. Durant was asked by CineSport to evaluate a top-10 players list and said James Harden should replace Wade. That question would have had to have been planted by CineSport, which seemed unlikely. Secondly, Durant is a guy who speaks his mind, so it’s not too surprising to hear him set rankings the way he sees fit. Lastly, Durant was doing promotional work for Degree when he made his comments, not Gatorade.

I could be wrong about this one, but it seems like Durant parting ways with Gatorade is pretty solid proof that this whole thing was real and not staged.

Additionally, some Houston Rockets players like Dwight Howard and Harden said the beef was real.

Durant was asked on Friday about his feud with Wade and decided to offer some praise of the Miami Heat guard.

“Dwyane Wade is a great, great player, man,” Durant said via Eye on Basketball’s Royce Young. “I’m not discrediting anything he’s done or nothing like that. I just voiced my opinion. He’s a great, great player. Finals MVP and champion. I didn’t mean to disrespect that or take that away or anything. I just voiced my opinion as of today. I love you D-Wade, man. It’s just competition.”

Seriously, what’s the issue? Wade isn’t a top-10 player anymore. Why isn’t Durant allowed to say that without people freaking out?