From Forbes
Review by Chad Byers in Kin 435 (section 1)
Jeff Bercovici’s article in Forbes discusses the benefits Tim Tebow will enjoy from a marketing perspective following his trade to the New York Jets. Forbes discusses the new opportunities that the New York market presents to Tebow. “Tebow-mania” was already at an unbelievable level in Denver but the author shares some of the benefits he will gain from being in the biggest media market in the nation.
Tim Tebow already enjoys endorsements from Nike, Jockey, and EA sports racking in 1-2 million dollars a year. Bercovici informs the readers that Tebow can increase this number drastically almost with regional sponsorships. He states that there are several opportunities to break the million dollar mark with companies that only advertise within the New York and New Jersey area. One of the most obvious facts that determine his strength in endorsement will be his performance. If Tem Tebow can become a starter and succeed in this role it is projected that he will easily top the 10 million dollars a year annually in endorsements. While there is much dispute between the Tebow fanatics and his “haters;” there is a database that compiles statistics on consumer’s perceptions of different celebrity endorsers. Tim was at the top of many of these categories on par with Larry David and Ricky Gervais. Bercovici states, “Tebow is near the top of the chart on a variety of measures, including trust, influence and trend-setting power.” This is why every company wants his face on their product.
I personally find this article completely accurate. Tebow has proven that he has what it takes to win in the NFL and his work ethic will mend the negatives in his playing style. Some people call him phony but Tebow believes what he says all the way to the core; and that is why he is an extremely marketable athlete. I do find that a lot of the attention Tebow gains is from the media pushing him in the spotlight because of his unique way of living his life. His market strength will increase because he is now in New York but the longevity of these deals will depend on his success. New York loves a winner and forgets about a benchwarmer quicker than any other city, the sky is the limit for Tebow but it all rides on his shoulder.
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Review by Josh Futter in KIN 435 (section 3)
The article we chose for our marketing presentation is “Trade to jets launches Tebow into marketing stratosphere” by Jeff Bercovici. This article talks about how Tim Tebow is going to a small market in Denver to a large market in New York City. It talks of the opportunities that present itself for Tim in his move to New York.
This article talks about the “what if’s” for Tim and the kind of money he could be looking at depending on the future he has in New York and the amount of playing time he receives with his new team. It states that Tim could be looking at and upwards of 10 million dollars in endorsements on top of the 1 to 2 million dollars he already receives from his sponsors EA Sports, Nike, and Jockey. This depends on playing time and how the Jets do as a team. The article also states that New York is one of the only, if not the only place where Tebow could get a local sponsorship totaling the 7 figures mark. It also states that Tebow could also get sponsorship deals while riding the bench.
According to the Davie Brown index which tracks consumer perception of around 2500 athletes Tim Tebow is at the top of this study using trust, influence, and trend setting power to measure where the athletes stand with the consumers. This comes with a middle of the road appeal score due to his love him or hate him nature with the fans.
Sports agent Eugene Lee says that If Tim Tebow can win a Super Bowl it can take him to level of stars such as Michael Jordan and Tiger Woods. This article gives you a lot of “what if” situations but leaves a lot of what happens with Tim’s marketability up to him and his performance on the field. The article doesn’t give any real definitive marketing strategies that will be used or new sponsors Tim will have because of his move, leaving a lot up to the reader to figure out on their own.
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