Michael Vick might need to call an audible after he signed two “exclusive” advertising agreements with competing sports nutrition companies.
The Philadelphia Daily News reports both businesses issued statements claiming Vick was representing their products. Key word here is “exclusive” — meaning Vick isn’t allowed to hawk similar products from competitors. But it looks like that didn’t stop the Pro Bowl quarterback from taking a $1.55 million deal for three years from Denver-based company MusclePharm.
“That was all speculation,” Liza Santana, a Fuse spokeswoman, wrote to the Philadelphia Daily News via email. “Michael’s contract with Fuse is a five-year exclusive and was fully executed on July 7th. I would say that he is well aware that signing any other deals would be a breach of contract.”
One difference? Vick isn’t quoted in a PR release from MusclePharm. Fuse’s releases has quotes from Vick about the company’s “game-changing technology” and “incredible team of scientists and business leaders.”
Nike welcomed Vick back as an endorser of swoosh products earlier this month. CNBC points out that he lost a $2 million endorsement deal with Nike in 2007.
Sounds like in the business world, the rear view mirror is always clearer than the windshield.