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tennisIlove09
Mar 17th, 2003, 04:50 PM
Williams Sisters Reach Record-Setting Racquet Deal With Wilson

By Richard Pagliaro
03/18/2003

The Williams sisters have surpassed Pete Sampras for a tennis top spot. Serena and Venus have agreed to a new three year racquet endorsement contract with Wilson that will make them the highest-paid Wilson racquet endorsers in history, eclipsing 14-time Grand Slam champion Sampras, who has played with a Wilson Pro Staff 6.0 since he was a teenager.

It is a racquet deal well worth framing for the Williams sisters, who have met in four consecutive Grand Slam finals with Serena winning all four of those meetings.

According to a published report in the current SportsBusiness Journal, written by Daniel Kaplan, the new pact will pay both Venus and Serena between $900,000 and $1 million annually, which makes them the highest paid female racquet endorsers in history (according to the SportsBusiness Journal, Anna Kournikova earns about $750,000 annually from her racquet deal with Yonnex) and the second-highest paid racquet endorsers in tennis, trailing only Andre Agassi.

"The deal is just about finished," Williams sisters' attorney Keven Davis told Kaplan.

It is a significant signing for Wilson and represents a sizeable salary increase for the sisters, whose previous three-year deal with Wilson paid them about $190,000 a year. That contract expired shortly before the start of the 2002 U.S. Open. As reports surfaced that Wilson's initial offer presented a modest monetary increase there was growing speculation that the sisters would sign with Head, which features Agassi, Gustavo Kuerten, Marat Safin and Jelena Dokic among its roster of player endorsers, but lacks a female player with the prominent presence of either Venus or Serena.

With many major racquet companies reporting declining sales, Wilson's re-signing of the Williamses represents a coup for the company.

"(The signing) is great news for us and important to our entire company on a worldwide basis," Wilson vice president Jon Embree told Kaplan. Embree did not disclose details of the contract, but confirmed it would make the Grand Slam sisters the highest-paid racquet endorsers in Wilson history.

Jon Embree, a Wilson vice president, described the signings as "great news for us and important to our entire company on a worldwide basis."

Both Venus and Serena currently play with the Wilson Hyper Hammer, but will be encouraged to demo and switch to the H-Series racquet that the company plans to launch later this year, Embree told the SportsBusiness Journal.

Top-ranked Serena Williams may soon be cashing in on a new clothing endorsement deal. Her existing contract with Puma expired on Friday and her representatives are reportedly negotiating a new deal.

Amanda
Mar 17th, 2003, 04:57 PM
:eek: Venus and Serena are the really racking up...on and off the court. They deserve it and a whole lot more!!!! :D :D :D

Ayo
Mar 17th, 2003, 05:01 PM
I am so happy for these beautiful sistas who are setting records every day. Keep it up vee & rena. Kim, where are you? :bounce:

Cariaoke
Mar 17th, 2003, 05:01 PM
:worship: :worship: :bounce: :bounce:
it's like they keep gettin' 3 cherries on the endorsement slot machine.
:bounce: :bounce: :worship: :worship:

SerenaSlam
Mar 17th, 2003, 05:36 PM
so much money, what to do w/ it, i bet all this money they just give to charities. I think that is what i would do. Seeing that im getting all this other money from different sources. This "small sum" compared to the others, i would definetly send off to charity. But its up to them :)

TeeRexx
Mar 17th, 2003, 06:20 PM
"Dey shouda got two mil each," said N.Y. cab driver Herb Browmil.

ys
Mar 17th, 2003, 06:38 PM
Even that won't make me buy Wilson again, I guess.. :)

SJW
Mar 17th, 2003, 06:43 PM
fuck could they earn anymore?

and still sometimes you get the feeling Venus lacks the will to compete?

leslie
Mar 17th, 2003, 07:00 PM
What about Jen. Does she get any endorcements and I wonder what Justine and Kim get from their country.

brickhousesupporter
Mar 17th, 2003, 07:02 PM
Am I the only one who thought that tennis players earned more for endorsing racquets? Congratulations Venus and Serena

Cariaoke
Mar 17th, 2003, 07:04 PM
Jen: Fila clothes, Prince racquets and AMEX, that's the only ones I know of.
Kim: Fila and Babolat Racquets, others ???
Justine: wth is the name of her clothing company, the one with the rooster? ??? Wilson Racquets

Glenn
Mar 17th, 2003, 07:10 PM
fuck could they earn anymore?

and still sometimes you get the feeling Venus lacks the will to compete?

So you noticed it too? :p

Now Playing: Tomcraft - Loneliness

Glenn
Mar 17th, 2003, 07:12 PM
Jen: Fila clothes, Prince racquets and AMEX, that's the only ones I know of.
Kim: Fila and Babolat Racquets, others ???
Justine: wth is the name of her clothing company, the one with the rooster? ??? Wilson Racquets

Justine's clothes are from Le Coq Sportif.

Now Playing: Michelle Branch - Goodbye To You

leslie
Mar 17th, 2003, 07:30 PM
Jen: Fila clothes, Prince racquets and AMEX, that's the only ones I know of.
Kim: Fila and Babolat Racquets, others ???
Justine: wth is the name of her clothing company, the one with the rooster? ??? Wilson Racquets

I think Amex was just for the period of time during the US Open. I do not think that is a long term deal.

leslie
Mar 17th, 2003, 07:32 PM
Why is it the media always announces the endorcements that the W/S get and not the other players. Maybe the others do not get endorcements. I am truly happy for V/S they work hard for those endorcements.

Cariaoke
Mar 17th, 2003, 07:37 PM
I think Amex was just for the period of time during the US Open. I do not think that is a long term deal.
I was thinking that too but decided to post it anyway. *shrug*

thanks Glenn :wavey: is that a Belgium or French company? Perhaps I should use google but I'm feeling lazy. :o

Dawn Marie
Mar 17th, 2003, 07:47 PM
:eek: :eek: :worship: WOW! Keep on keepin' on!

p.s. I love La Coq Sportif nice brand. :wavey:


Anyway, go Venus go Serena!!:)

kodeRED
Mar 17th, 2003, 08:07 PM
they shoulda went back to yonex! they have not gained a good deal just monetary reward coz wilson i think is near the bottom of the big 5 (wilson, yonex, head, babolat, prince)

persond
Mar 17th, 2003, 08:25 PM
:cool: The rich keep getting "richer"...!!!


Congrats Venus and Serena...!!!

Sanneriet
Mar 17th, 2003, 08:32 PM
I wonder if they will have trouble if they switch racquets. Safin switched his racquet after winning the US Open and practically couldn't play. Sampras refused to switch his racquet and suffered (a bit) financially for it. Of course, it doesn't say they HAVE to switch, just will be "encouraged" to switch. 1 million dollars buys a lot of "encouragement" Most players are obsessive about the racquet. They don't even like other people touching the racquets.

SJW
Mar 17th, 2003, 09:10 PM
So you noticed it too? :p

Now Playing: Tomcraft - Loneliness


LOL Guga ive noticed it for years now ;)

shes either very lazy or a very good actress ;)

Cariaoke
Mar 17th, 2003, 09:15 PM
Why is it the media always announces the endorcements that the W/S get and not the other players. Maybe the others do not get endorcements. I am truly happy for V/S they work hard for those endorcements.
I guess it's because the WS have reached Madonna/Janet/Whitney/Mariah status *trying to think of a female athlete who gets written about as much as the WS... FloJo? RIP... can't think of one*. It's exciting being one of their fans. If I see a headline similar to 'Serena farts during shoot for Stuff Magazine', then I know these people have too much time on their hands. :D

CJ07
Mar 17th, 2003, 10:50 PM
Go V&S!

maccardel
Mar 17th, 2003, 11:05 PM
I think they deserve more. Is this per sister or is it as a doubles team?

I think if Serena signs with Nike then will she have to wear the same color uniform as the other players...to the non tennis fan tuning in to ESpn for a match with nike endorsed players would think the players are wearing uniforms for the WTA...I hope Serena gets a customized deal....maybe she will sign with Adidas since Hingis is no longer there.

anton
Mar 17th, 2003, 11:28 PM
go venus!

tennisIlove09
Mar 18th, 2003, 12:16 AM
Jen: Fila clothes, Prince racquets and AMEX, that's the only ones I know of.
Kim: Fila and Babolat Racquets, others ???
Justine: wth is the name of her clothing company, the one with the rooster? ??? Wilson Racquets

What about American Express? Seles, Jennifer, Roddick did commericals during the Open. Was that a one time thing?

CJ07
Mar 18th, 2003, 12:31 AM
probably

I wonder how much loot aggasi gets

BigTennisFan
Mar 18th, 2003, 06:26 AM
Why doesn't Amy have a sponsor? :confused: :fiery:

Raisin
Mar 18th, 2003, 08:43 AM
Go Sisters :worship:

servenrichie
Mar 18th, 2003, 10:09 AM
ys said:
Even that won't make me buy Wilson again, I guess..

ys the fact that you have to mention this tells me, you are depriving yourself of a quality product, just because Venus and Serena endorse it. I am gonna be as nice as possible about this:

Who gives a flying fuck what you buy and what you dont buy?

BasicTennis
Mar 18th, 2003, 10:12 AM
wow! $1million for Serena and $900,000 for Venus.;)

I hope it was $1.5 million for Serena.:worship:

Raisin
Mar 18th, 2003, 01:00 PM
ys said:


ys the fact that you have to mention this tells me, you are depriving yourself of a quality product, just because Venus and Serena endorse it. I am gonna be as nice as possible about this:

Who gives a flying fuck what you buy and what you dont buy?
LMAO : :o
Servenrichie :worship:

Cariaoke
Mar 18th, 2003, 01:18 PM
What about American Express? Seles, Jennifer, Roddick did commericals during the Open. Was that a one time thing?
um AMEX is american express. :wavey:

Nan Cu
Mar 18th, 2003, 04:03 PM
I wonder if they will have trouble if they switch racquets. Safin switched his racquet after winning the US Open and practically couldn't play.

Remember they didn't start winning slams until theysigned with Wilson in 1999.

If memory serves me right, they won the next tournament they entered after switching to Wilson racquets; Venus (New Haven 1999), and Serena (USO 1999).

Safin, OTOH, switched after achieving success to a completely different brand.