RedSoxExcel
14 years ago
http://blogs.forbes.com/sportsmoney/2010/10/12/favres-photo-folly-may-cost-him-100-million/ 

They say a picture is worth a thousand words.

In Brett Favres case, it could be worth at least $10 million annually and over $100 million total in lost earnings post retirement.

Just as sports figures like Tiger Woods, Rick Pitino, and Ben Roethlisberger have irrevocably damaged their reputations and marketability as corporate endorsers and public speakers with their own sex scandals, so too now does it seem that Brett Favres future earnings stream from endorsements, speaking engagements, and work as a TV studio analyst have forever been diminished IF and this is certainly still a big if he is suspended by the NFL for sexually harassing a co-worker during his stint with the New York Jets in 2008.

And even if hes not suspended, the long-term sting and embarrassment associated with this story may cause corporations, speaker series, and TV networks to think twice about employing the services of the old gunslinger.

Favre earned approximately $7 million last year through deals with Wrangler jeans, Snappers line of lawnmowers and Remington hunting rifles. Hes appeared in Nike, Starter, Smart Car, Prilosec and MasterCard commercials, playing off his family-man, good ole boy persona.

And with retirement likely in store after the 2010 season (we think), Favre stood to earn significant revenue from public speaking and studio analyst work. People with Favres cache typically earn $25,000 $50,000 per speaking appearance. And given that fellow Hall of Fame quarterbacks like Dan Marino and Steve Young earn north of $1 million annually for their TV work, it would not be a stretch to surmise that Favre could similarly profit from a post-retirement career.

Unless embroiled in scandal. And the timing couldnt be any worse in light of the fact that NFL Commissioner Roger Goodell has recently had to deal with the black-eye caused by the sexual transgressions of another high-profile quarterback in Roethlisberger with a 4 game suspension. At least Big Ben has years left in his career to stay in the publics conscious and try to prove that he has rehabilitated his character. Favre wont enjoy that same luxury.

All told, the next few days and weeks will go a long ways in determining the future earnings stream for Mr. Favre. Many that have respected Favre for his longevity, grit, energy, and pigskin greatness hope like heck that these stories are false and exaggerated.

Of course, we said that after Tigers car crash and Bens birthday party. How did those stories turn out?

If Favres story ends the same way, hell forgo at least $10 million annually in lost earningsor if we assume a 10-year post-retirement career as an endorser, speaker, and studio analyst, this amounts to potentially $100 million in lost earnings.

And thats one picture worth just a single word.

Wow.





All I can add is WOW! Bet he wishes he never played for the Jets. So much for that "only thing I regret about the Jets is not winning the Super Bowl there".
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Cheesey
14 years ago
The thing is.......who here believes this is the ONLY woman he went after?
I bet there are more then you can count.
If he did this stuff, it's hard to feel sorry for the guy.
Plus, he's already filthy rich. It's not like he'll EVER be hurting for money.
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Zero2Cool (22-Nov) : 49ers might be down their QB, DL, TE and LT?
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Zero2Cool (20-Nov) : Even with the context it's ... what?
Mucky Tundra (20-Nov) : Matt LaFleur without context: “I don’t wanna pat you on the butt and you poop in my hand.”
beast (20-Nov) : We brought in a former Packers OL coach to help evaluate OL as a scout
beast (20-Nov) : Jets have been pretty good at picking DL
Zero2Cool (20-Nov) : He landed good players thanks to high draft slot. He isn't good.
Zero2Cool (20-Nov) : He can shove his knowledge up his ass. He knows nothing.
beast (20-Nov) : More knowledge, just like bring in the Jets head coach
Zero2Cool (19-Nov) : What? Why? Huh?
beast (19-Nov) : I wonder if the Packers might to try to bring Douglas in through Milt Hendrickson/Ravens connections
Zero2Cool (19-Nov) : The Jets fired Joe Douglas, per sources
packerfanoutwest (19-Nov) : Jets are a mess......
Zero2Cool (19-Nov) : Pretty sure Jets fired their scouting staff and just pluck former Packers.
Zero2Cool (19-Nov) : Jets sign Anders Carlson to their 53.
Zero2Cool (19-Nov) : When you cycle the weeks, the total over remains for season. But you get your W/L for that selected week. Confusing.
packerfanoutwest (19-Nov) : the total and percentage are the same as the previous weeks
packerfanoutwest (19-Nov) : the total and percentage are the same as the previous weeks
packerfanoutwest (19-Nov) : the totals are accurate..nrvrtmind
Zero2Cool (19-Nov) : I don't follow what you are saying. The totals are not the same as last week.
packerfanoutwest (19-Nov) : ok so then wht are the totals the same as last week?
Zero2Cool (19-Nov) : NFL Pick'em is auto updated when NFL Scores tab is clicked
Martha Careful (19-Nov) : The offense was OK. Let's not forget the Bear defense is very very good.
packerfanoutwest (19-Nov) : Who updates the leaderboard on NFLPickem?
beast (19-Nov) : Has the Packers offense been worse since the former Jets coach joined the Packers?
Zero2Cool (19-Nov) : Offense gets his ass in gear, this could be good.
Zero2Cool (19-Nov) : Backup QB helped with three wins. Special Teams contributed to three wins.
bboystyle (18-Nov) : Lions played outside thats why. They scored 16 and 17 in the only 2 outside games this year
Zero2Cool (18-Nov) : The rest of the NFL is catching up to Packers ... kicking is an issue throughout league
packerfanoutwest (18-Nov) : Packers DL Kenny Clark: We knew 'we were going to block' Bears' game-winning field goal attempt
Zero2Cool (18-Nov) : Lions seem to be throttling everyone, but only (only) got 24 lol maybe the rain is why
Zero2Cool (18-Nov) : Packers vs Lions game doesn't seem so bad.
beast (18-Nov) : Dennis Green "They are what we thought they were, and we let them off the hook!"
Martha Careful (17-Nov) : comment of the day Z2Cool "Bears better than we want to admit. Packers worse than we think. It's facts."
Mucky Tundra (17-Nov) : my worst case scenario: Bears fix their oline and get a coach like Johnson from the Lions and his scheme
Zero2Cool (17-Nov) : Bears get OL fixed amd we might have a problem
buckeyepackfan (17-Nov) : Pretty sure they already have scouting reports on guys who aren't even starting for their college team. The future is now for me.
buckeyepackfan (17-Nov) : I tend to let Gute and Co. Worry about the future.
beast (17-Nov) : That's great news and Packers need to keep upgrading their OL, DL and DBs this off-season, so missing one guy doesn't kill them
beast (17-Nov) : That's great news and Packers need to keep upgrading their OL, DL and DBs this off-season, so missing one guy doesn't kill them
buckeyepackfan (17-Nov) : Jaire and Evans Williams are both ACTIVE! Good news.
Martha Careful (17-Nov) : The badgers really need to change the whole offensive scheme. No draws no screens plus the quarterback is marginal
Cheesey (17-Nov) : If the Badgers had a decent QB, they would have won. The guy can't hit a wide open receiver
Martha Careful (17-Nov) : chop block
Martha Careful (17-Nov) : there was a very questionable job Block call that upon viewing replay was very borderline
beast (17-Nov) : How so? (I didn't watch)
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