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Chapter 203 Contract and Team

"If I had known that your performance was so outstanding this time, I wouldn't have to be so anxious for these two contracts." Rembrandt felt a little regretful, but with the current performance, it would be fine for Fan Ju's value to rise by another $300,000 a year.

Topics, age, and markets, in addition to missing a handsome European and American face, Fan Ju has already had everything he should have, constantly pushing up his value. Now he is looking for endorsements to say that it is to make money, and more to get a fee to maintain the team.

"These two contracts are very interesting. Visa Credit Card and Pepsi. According to the other party, they are discussing endorsement contracts with your fellow countrymen, and the price is probably much higher than yours." Rembrandt planned to stimulate Fan Ju. Although he knew that doing so would be in vain, he couldn't help but try it every time.

My fellow townsman? Yao Ming? This person's name is one of the memories he has brought from his previous life. It's so famous. Before Yao Ming became famous, he didn't know what this name meant. However, when Yao Ming appeared, Fan Ju realized that even if this person is not a globally famous person, he is at least a nationally famous person.

NBA basketball is not the world's largest sport, and it is incomparable to the world of football and tennis. However, Americans are experts in business and have brought the commercial nature of this sport to the extreme.

Those superstars who earn a salary alone can earn more than tens of millions of dollars a year, not to mention those sky-high commercial endorsements. Fan Ju, a top star like Michael Jordan, is even more familiar with it.

Yao Ming's appearance opened the door to China's wealth, and also made the Chinese people realize a new concept. It turns out that those who play sports can make money like this!

"I would like to give you a reminder. China Unicom, one of your domestic companies, has a price of RMB 30 million for 3 years, and a US dollar of 1.2 million per year. Another beverage company, Gatorade, has a contract of US$5 million for 3 years, guess what is his current value?" Rembrandt took the contract and waited leisurely for the answer. He was afraid that Fan Ju would not be able to guess this number!

$1.2 million, then $1.65 million a year, 2 million. This increase is too ordinary. With Rembrandt's personality, I'm afraid it won't be so stubborn.

"2.5 million US dollars a year? It can't be 3 million, right?" Fan Ju tried to report a number, but he obviously guessed it right.

Four years and 10 million US dollars are really the price of the endorsement contract between Yao Ming and Pepsi. At the same time, Visa's quotation is as high as US$2 million per year. Based on the current commercial value of the endorsement, one Yao Ming is higher than the three Fan Ju.

Of course, this is just for the moment. Yao Ming's final business market will be more limited to Asia and the weekly region. Although Europe will pay attention to it, basketball is destined to be not the main popular sport in Europe.

The market here is more monopolized by football, and the rest is tennis, the world's second largest sport, which is sharing its market share.

Fan Ju is very popular, but after all, he is not famous. Some news about Fan Ju can be heard in China. When the sports channel broadcasts news, the news about Fan Ju will be mentioned at a high level and will also make key reports.

This not only has img contributed to it, but also the domestic Internet Association is also cooperating at the same time to create a benchmark with a reputation internationally, which will benefit each other.

Regarding the news about his own country, Fan Ju did not use any channel. He simply mentioned it casually when contacting his family. If the Chinese appeared abroad in the news, Yao Ming was the first to be the one. However, after May, especially during the French Open, Fan Ju also became a role in sports news.

Fan Ju and Yao Ming are incomparable, not because of their results or identity. Fan Ju has played in the league for several years in China. Even if he doesn't go to the NBA, as long as he pays attention to basketball games in China, the people who know him are not small numbers.

And Fan Ju? If I hadn't started to promote in China, except for those professionals, before that, I would have known whether the number one player in China's tennis is Zhang San or Li Si.

Therefore, in business, Fan Ju takes time to accumulate. As long as he achieves results, IG Company will naturally have the ability to push Fan Ju to the peak.

The two-point contract, Visa has a total value of 1.3 million for two years. If there is no comparison, the price is not low. However, with Yao Ming added, this contract is just a cheap increase.

In terms of beverages, they are different from credit cards, which are major events related to athletes. According to international practice, the price of this endorsement will be relatively high. In 2 million, Pepsi has also given a very sincere price.

"If the contract of $3.3 million is fine, you can sign it now. Just wait for the 24th day, and then you don't have to bother your parents to sign those troublesome authorization treaties." Rembrandt suggested that after all, it would take more than a week to transfer the contract back and forth over the ocean. Now it's the 12th, and it's better to wait a few more days if you have time. It's Fan Ju's 18th birthday.

An important day at the age of 18 is not only about age growth, but also about Fan Ju's formal legal rights and breaking away from the adulthood of underage adults.

"Are you almost the 24th? I almost forgot." Fan Ju had no idea about his birthday after he was born. Even if someone celebrated him every year, he was far less than expected by normal children.

With an income of 3.3 million US dollars, this amount of money requires a lot of taxes. Fan Ju has no choice. The domestic taxes are high and the tax payment is rigid. Anyway, Fan Ju's income that does not get a salary is 30, which is much less than the personal income tax of up to 45.

Of course, the taxes for deducting consumption in the United States are too much after deducting various tax rebates. In China, Fanju has to pay more than $930,000 in taxes, while in the United States, the highest tax of 33 is only more than 300,000.

If I use IG's tax avoidance channels, the money can even be reduced to more than 100,000 US dollars, which is also the reason why Rembrandt jumped into Fan Ju's application for a US green card.

However, Fan Ju finally refused. He did not intend to live in the United States for a long time. Green card holders need to spend enough time in the United States every year. Fan Ju can't do this alone.

"It's all money... Forget your business, you decide for yourself. How do you plan to arrange the remaining funds? Are you still investing in?" Rembrandt even told Fan Ju that he could use IMG's special channels without paying attention to those details, but Fan Ju still did his own way, as if he didn't care about these at all.

With the previous compensation, competition bonus, Weirsheng's endorsement and his own assets, and the remuneration for various commercial activities, plus the cost of this contract, Fan Ju's total amount of funds in hand also reached US$2.6 million.

Of course, there is no deduction for the salary and activity fees to the team. The money is not in a hurry at the moment. Fan Ju and several people have not signed a formal employment contract. Even if they are signed, the remuneration will not be paid in one lump sum. In the future, the expenses will be slowly withdrawn from Fan Ju's investment. For example, Apple's stocks in Fan Ju's investment target are still very easy to sell and cash out.

All the old rules of funds, except for the reservation of some of the next itinerary, are handed over to Img Investment Company to invest in the names in Fan Ju’s mind.

The trivial matters are left to professionals, while Fan Ju himself concentrates on the competition again to welcome his opponents in the next round. Of course, he still needs to meet the team before this. Even if most of them know each other, the future cooperation will not be as loose as in the past and requires closer cooperation.

"Serving coach, Romdi Sandiason, he will be responsible for your serving training and help you better improve your one-shot goal rate." Fan Ju introduced Laschett. Compared to Rembrandt, he is more familiar with these people from Nickelodeon Online School.

"Hello, Coach Sandiason, we have seen it many times. I have been to attend your serving class a lot." Fan Ju also put a lot of effort into improving his serving. Rotim Sandiason is one of the best serving coaches in Nick Online School.

"Just call me Romdi, Isner asked me to say hello to you." Isner is also Romdi's main student, and he is the fastest serving and the highest goal rate among the students he has taught.

Fan Ju smiled and nodded, then turned his head to another, an old acquaintance who was also Fan Ju without Raschet's introduction.

"If I remember correctly, the coach's full name is Kendrick Perrinho, right? Didn't those little guys hold a farewell party for you when you left? Old Nick actually brought his number one devil coach." Fan Ju shook his head and pretended to be heartbroken.

Kendrick grinned and laughed. He was very strict in training, but he was still easy to get along with, especially a good guy like Fan Ju who actively trained. He liked him the best.

"I know the nickname you gave me, the physical terminator, but I have never been able to squeeze your physical strength out once. I really hope to see where your limit is. This is the real reason why I accept this job."

OK, plus Laschett, the aces of the three coaching teams of Nick Online School were all poached. Fan Ju didn't know what to say. The salary he gave would definitely not be much higher than the original income of several people. If old Nick didn't let go, the few people would probably not leave the online school to join him.

Nutritionist Cindy, currently the interim media assistant Onorle, and Fan Ju's sideline coach Laschett, needless to say. The only unfamiliar thing about Fan Ju is this new agent assistant Perry.

A white man who is not tall looks young, at most 22 or 3 years old. Although Fan Ju said this a bit rudely, Perry is the most immature one with his group of people.

Several other youngest physical coaches are already 32 years old. Romdi and Laschete Honore are both people who are almost 4, and Cindy is even an aunt in her 50s.
Chapter completed!
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