Tuesday, August 28, 2012

Endorsement Deals Start To Pour In For Michael Phelps


The swimmer’s agent says 50-plus companies have expressed interest. Michael Phelps is close to announcing two new partnerships with companies that are not Olympic sponsors, according to his agent.

Peter Carlisle, managing director of Olympics and action sports for Octagon, declined to identify the companies, citing confidentiality agreements, but he said the deals were expected to be announced in the next week or so. Louis Vuitton last week unveiled two images featuring Phelps, including one of him with former Russian gymnastic medalist Larisa Latynina, though no deal with that company had been officially announced as of press time.

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