Originally posted by pcabenojar
I don't really know the exact reason....but I noticed that for some of the players like Lindsay Davenport (who is also sponsored by Nike) , they don't have other sponsors that they put their logo on their shirt....... maybe except for Sanex WTA, so I guess Nike wants Kim to do the same.
that was the case with Nike, apparently.
With Kim, I think the deal with Siemens & Belgacom(??) are good delas. I mean with the earnings that she gets and to mention the "tax" that goes with it, little is left with Kim after all those airfares, coach fees & other expenses deducted. So she just have to strike while the iron is hot!
It's Belgacom, indeed.
Re Kim's income I can't agree.
I wouldn't say that she ends up with little in net earnings. She is probably the best earning Belgian of 19 years old. Don't forget that she already has earned more than $ 2 million (prize money ONLY), while only being full-time at the tour since last year. Even if she would stop today, she won't exactly end up in poverty; she should be just fine for the rest of her life if she doesn't do crazy things. (She repeatedly states she isn't interested in luxurous lifestyles btw)
Being a Belgian citizen, she is worse off than most of the tour when it comes to taxes (high taxes in Belgium).
However, a big part of her earnings are made abroad, so she has to pay taxes in these countries too, what usually is at least a small advantage in net earnings, compared to money she'd make in Belgium...
I agree that the cost for a coach, physio and all that comes with travelling, takes a lot out too, but even then, it's still far from a bad situation.
A Belgian journalist brought this topic up to her dad lately. The reply was that she was doing well "but please don’t be blinded by all that prize money. Half goes off. On top of that take another € 375,000 into account for her and her coach to cover all kinds of expenses or costs such as travel, hotels, food, phone calls, and then the contract with the coach. You will have totally different figures." This amount Lei mentioned was before she hired a physio btw.
Kim could make a lot more money, even only in Belgium, if she would go for more deals. She doesn't do that, though. That's on purpose, as the Clijsters family usually refuse most of the business proposals to offer Kim an as normal life as possible. Having a good time outside tennis is more important to them than doing one commercial after the other, or some other commercial deals.
So she isn't exactly getting the most $ out of being a top player, far from it.