peak?
1st game with his new shoes against the Lakers tomorrow.
http://www.sportsbusinessdaily.com/G...ip/parker.aspx
http://counterkicks.com/2013/01/excl...l-leaves-nike/NBA San Antonio G Tony Parker Leaves Nike For Chinese Sportswear Company Peak
Published January 8, 2013
NBA San Antonio Spurs G Tony Parker is leaving Nike for Chinese sportswear company Peak in a deal worth between €2M ($2.6M) and €3M ($4M) annually, according to Marc Limacher of SPORTUNE. Parker was receiving between €800,000 ($1.05M) and €1M ($1.32M) a year from Nike to wear its shoes. For several months, the Frenchman "was in negotiations with Nike regarding the development of his academy, which would have doubled the amount invested" the company had in the player. It appears "the proposal was refused" and Parker has opted to sign with Peak where he will become the company's brand ambassador. Peak also has endorsement deals with fellow NBA players Javale McGee, Jason Kidd and Shane Battier (SPORTUNE, 1/7).
Jan-08-2013 Posted by : John Brilliant
Exclusive: Tony Parker Signs With PEAK In 3-Year, $1.2 Million Deal, Leaves Nike
It’s official. Four time NBA All-Star and three time NBA Champion Tony Parker has left Nike to sign with PEAK Sports in a 3-year, $1.2 million endorsement deal, CounterKicks has been told.
Parker is the latest high profile athlete to leave the Nike roster for a Chinese based brand. Dwyane Wade made headlines last year switching from Nike’s Jordan Brand division to Li-Ning.
The initial thread on the Tony Parker to PEAK signing appears to have come from the Twitter account of Li Shuangfu a few days ago, with the news slice amplified by Ben Hunt this past Saturday who says he saw TP wearing PEAK branded shoes in a Spurs shoot around practice.
Here’s the rest of the relevant details and storyline CounterKicks has gathered from sources:
Beginning in the summer of last year, PEAK showed strong interest and made attempts to pull the endorsement services of Tony Parker, a Nike athlete for his entire professional career until now.
We’re told the official PEAK signing took place last Wednesday, Jan. 2. and Parker’s deal is for 3-years, $1.2 million.
Tony Parker branded signature product with PEAK is already in the works, with a tentative unveiling on Parker’s feet for this spring’s NBA Playoffs. A couple different styles are currently being developed, with more to come in the following seasons.
While the PEAK deal is official, TP has still yet to make his first PEAK footwear appearance in game on an NBA court.
Last night, TP optioned again for an old favorite in the Nike Zoom Brave IV (see gallery above), chipping in 16 points in a Spurs loss to the New Orleans Hornets.
Parker joins the PEAK athlete stable which includes Shane Battier, George Hill, Kyle Lowry, Patrick Patterson, JaVale McGee, Dorell Wright, Carl Landry, Andrew Goudelock, and Beno Udrih.
Cool! Can't wait to see them. Maybe I'll buy the hubby some
Thank you for taking the time to post in that thread !![]()
Isn't that some Chinese bull brand?
Because Nike and Reebok are made in.....remind me again?
Bangladesh? Maybe Thailand or Taiwan. Somewhere there.
Don't really care but couple random thoughts:
1. When Duncan switched from Nike to Adidas, he suffered a rash of ankle injuries. Hopefully that was just a coincidence. Hopefully Peak makes a good shoe, tbh.
2. This highlights the difference between small markets and big markets. Derrick Rose got $200 million in his shoe deal. Parker -- who isn't THAT worse of a player -- gets pennies in comparison. In a strictly business sense, staying in a small market is a bad idea for an NBA player. If you're great in a big market, your endorsements will pay more than your NBA contract. If you're great in a small market, your endorsement money might reach 20-30% of your NBA salary. Thank the basketball gods for players such as TD, TP and Manu who care about winning more than money.
The article also says he "leaves Nike." Was he making much with their shoe?
That was my first reaction. It's about the only piece of gear basketball players use. It could also affect his knees. This being said Kidd seems to be doing ok.
Rose got a MVP trophy so it's a tough comparison because of that. It would be interesting to see how much a 4-5 times All-Star makes in a big market.2. This highlights the difference between small markets and big markets. Derrick Rose got $200 million in his shoe deal. Parker -- who isn't THAT worse of a player -- gets pennies in comparison.
It's in the article. He's going to make 2-3x more money with PEAK than with Nike.
I think they really liked Pop also. TP could have went to LA a long time ago, but I think he likes Pop so much he doesn't want to leave.
True true
But it always better to be a big star in high school coming to NBA.
LeBron got huge contract b4 he even stepped on NBA court
btw. at first I thought it was about nutritions
Maybe they will help him play better?
he gon turn an ankle on them chinese pieces of
Everything is chinese
the good thing is, he has been wearing them during shootarounds:
http://blog.mysanantonio.com/spursna...-de-colo-back/New kicks?: Long a Nike man, Tony Parker was spotted by the astute eyes of Spurs interactive content manager Ben Hunt wearing Peak sneakers at shootaround.
That was prior to 76ers game, so hopefully he is getting comfortable with the new shoes.
eh, I thought he was advertising for car antifreeze.
http://blog.mysanantonio.com/spursna...nike-for-peak/Phil Jackson once knocked Peak shoes as “concrete boots” after the endorser formerly known as Ron Artest came down with a case of plantar fasciitis in both feet
“Those shoes look like they are made for the Hudson River,” Jackson said. “He looks like he’s clogging around out there.”
Surely they’ll come up with a sleeker, smoother model for Parker.
One secret maybe no one knows in spurstalk, but well knows in chinese basketball forum:
In the past two years, there is always one player signed with PEAK in the championship team. Jason Kidd in 2011 and Shane Battier in 2012.
Maybe this signing is the last piece of the puzzle for SPURS 2013 championship!
All these shoes are made in China anyway so I don't see what the big deal is
here are some of the other Peak shoes, for other NBA players:
http://peaksneakers.com/product_info...8aivorp1cm3rj5
Tough to compare Parker to Rose. It's not just about market, Parker isn't American either
Rose is a much more marketable player on a national and global stage. Lebron got that huge as Nike deal playing in small market Cleveland. There's a slew of other examples.
It's the player, not the market.
There are currently 1 users browsing this thread. (0 members and 1 guests)