Sudden NBA stardom signals big haul for Lin

0 Comment(s)Print E-mail China Daily, February 21, 2012
Adjust font size:

Jeremy Lin, who has rocketed to stardom in the NBA, has become a hot ticket in the sports business sector, especially in China.

The New York Knicks' new point guard went from obscurity to celebrity through seven straight wins in two weeks starting on Feb 5.

Two weeks ago, Lin was a walk-on player who could be fired at any time, but now he is "Linsanity" - with the potential to become rich.

Lin's fast journey to fame, coupled with his Harvard pedigree and Chinese heritage, are all attractive for mainland sportswear brands, which are trying to enter the global market. They're already fighting over Lin.

Xu Zhihua, chief executive officer of the Fujian province-based Peak Sport Products Co Ltd, went to the US last week and reportedly met with Lin about an endorsement contract.

Xu met Lin in New York last Thursday when Peak opened its second US store, but "I have no idea whether they talked about a contract", said Liu Xiang, director of public relations at Peak.

Liu said Peak has had its eye on Lin for two years, since he was a just a newcomer in the NBA, and the company "is interested in players with an inspiring story".

"Jeremy Lin's experience is suited to our brand," Liu said. "Both of us have a Chinese origin and work hard in the international market."

Qiaodan Sports Co Ltd, a company based in Xiamen, Fujian province, that focuses on basketball shoes and wear, is also keeping an eye on Lin.

"We will wait for (a look at) Lin's long-term performance, instead of his sudden rise, and make a decision then," said Hou Lidong, manager of public relations at Qiaodan.

Other domestic sportswear brands, including Li Ning Co Ltd and 361 Degrees International Ltd, are not talking until the contracts are signed.

However, the largest obstacle for the Chinese brands is Lin's contract with Nike Inc, which was signed in 2010. The expiry date and value of the contract haven't been disclosed.

"Nike will continue to support Jeremy Lin and supply top Nike products to him," Sun Peng, communications manager of Nike Sports (China) Co Ltd, told China Daily on Monday. He declined to comment on the stiff competition for Lin.

Adidas AG, the exclusive maker of NBA uniforms, is also trying to make a buck off Lin. Its CEO has said adidas jerseys modeled on those worn by Lin would be ready for sale in China in the next couple of days, Bloomberg News reported on Monday.

"Theoretically, Chinese brands have an opportunity to sign advertising endorsement contracts with Lin, if they pay to buy out Nike's contract," said Qiang Wei, director of the sports marketing department of Ogilvy Public Relations Worldwide.

However, Chinese brands are just joining the crowd that's pursuing Lin, analysts said.

Lin's influence on the US basketball market is much larger than on China's market, Qiang noted.

The first beneficiary was the New York Knicks, whose ratings have jumped amid Lin's meteoric rise, and more Knicks games will be broadcast, which means more fees for the team.

Through Lin's fame, the NBA can lure back Asian viewers who stopped watching the game when Yao Ming retired.

"That (Lin's experience) can only help us in terms of lifting the game's ratings and popularity in China," David Stern, the NBA commissioner, told China Daily during a videophone conference on Feb 16.

Explosion of success

Chinese analysts said that Lin's star had risen so fast that they couldn't put an accurate commercial value on it.

"We are collecting data about Lin right now, but his explosive rise has blindsided us," Qiang said.

"Linsanity" is even manifesting itself in China's underground sportswear market, and retailers and manufacturers of the so-called shanzhai are looking forward to take their share.

Wang Ke, who runs a tiny Beijing store selling unauthorized sportswear, said requests for Lin's uniform, T-shirt and other paraphernalia have grown in recent days. The requests come from young fans, male and female alike.

"I haven't had too many consumers looking for Chinese stars' products here, since Yao Ming's early retirement. Now it seems business is bouncing back all of a sudden," said the shopkeeper.

Wang said he expected to sell at least 50 uniforms each month. "I may put up advertisements," he said.

However, his store has to rely on suppliers to feed him with new products with Lin's name on them.

Manufacturers of these bootleg products have told Wang to wait while they obtain samples of the latest Lin products from official shops in New York and Taipei. When knock-off uniforms with Lin's name and number do become available, they'll probably cost 150 yuan ($23.85) to 200 yuan in Wang's shop

Supply is also a problem for online vendors, whose businesses are much bigger than Wang's.

"Lin's uniform is already the best-seller in my online shop," said a vendor surnamed Chen, based in Guangzhou, who offers NBA players' uniforms on Taobao.com, China's largest online shopping website.

Chen got about 450 orders for Lin's uniform between Feb 11 and 5 pm on Monday. He charges 110 yuan.

Chen started to ship orders to his customers on Monday, more than one week after the orders came in, and some late buyers face another five days' wait.

Other goods from key rings to iPhone protective shells bearing Lin's image, name and number have become available as well, but the uniform is still the most popular item, according to sales volume data on Taobao.com.

Print E-mail Bookmark and Share

Go to Forum >>0 Comment(s)

No comments.

Add your comments...

  • User Name Required
  • Your Comment
  • Racist, abusive and off-topic comments may be removed by the moderator.
Send your storiesGet more from China.org.cnMobileRSSNewsletter
主站蜘蛛池模板: 鸡鸡插屁股视频| 9lporm自拍视频在线| 最新版天堂资源8网| 亚洲欧美国产高清va在线播放| 精品国产不卡一区二区三区| 国产人妖在线观看一区二区| 亚洲自国产拍揄拍| 国产美女极度色诱视频www| fc2免费人成在线| 岛国免费v片在线播放| 久99久无码精品视频免费播放| 日韩视频一区二区三区| 亚洲国产美女福利直播秀一区二区 | 一级三级黄色片| 无码一区二区三区在线| 久久国产精品只做精品| 欧洲精品一区二区三区| 亚洲妇女水蜜桃av网网站| 爱情岛亚洲论坛在线观看| 国产午夜影视大全免费观看| 久艾草国产成人综合在线视频| 国产精品亚洲片在线观看不卡 | 亚洲高清偷拍一区二区三区| 精品97国产免费人成视频| 午夜精品久久久内射近拍高清| 股间白浊失禁跪趴老师| 国产一级特黄高清在线大片| 青青草国产精品久久| 国产又黄又爽又刺激的免费网址| 精品一久久香蕉国产二月| 国产精品亚洲欧美大片在线看| 18美女扒开尿口无遮挡| 国产精品视频免费视频| 91在线老师啪国自产| 国产麻豆剧传媒精品国产AV| 99久久99久久精品国产片果冻 | 香港三日本三级人妇三级99| 国产成人久久综合热| 龙珠全彩里番acg同人本子| 国产真实乱子伦视频播放| 亚洲色图13p|