'Her victory takes her way beyond tennis and sport': Raducanu tipped for earnings windfall

  • 📰 abcnews
  • ⏱ Reading Time:
  • 56 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 26%
  • Publisher: 83%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

Emma Raducanu is an instant millionaire after her stunning US Open win, but her rapid emergence, youth and background are all leading sports marketers to predict much bigger off-court earnings.

"There is no limit in what she can achieve on the court," Tim Lopez — director at sports marketing firm CSM — told Reuters on Monday.

"If you use that as a yardstick, not just because of their career trajectory but also their shared appeal and that they are both engaging and from mixed-heritage backgrounds," he said. "That's a huge benefit from a brand perspective, from an eyeballs point of view there is no bigger market to tap into."Raducanu's rise from obscurity to having her face plastered on jumbo-sizes Times Square billboards will have the sports clothing brands vying for her signature.

Wiacek expects Raducanu's Nike sponsorship deal to be raised significantly and other endorsements will earn her about $US10 million over the next two years."With her Chinese and eastern Europe heritage, as well as Britain, that puts her in a different stratosphere to other athletes," he said. "Ultimately, the barometer for how commercially successful she will be will depend on how successful she is on the tennis court."

However, the pitfalls in professional tennis are numerous, with Osaka, another IMG athlete, struggling to cope with sudden fame and fortune.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 5. in İE

Ireland Ireland Latest News, Ireland Ireland Headlines