Tendulkar signs 40-million-dollar contract
International advertising major Saatchi and Saatchi has secured the marketing rights for Indian cricketer Sachin Tendulkar for 40 million dollars. Iconix, the newly-formed marketing branch of Saatchi, signed Tendulkar, one of the sport’s leading batsmen, after his 10-year contract with the US-based WorldTel expired last year. “It’s great to have a legend like Sachin as the first client of Iconix,†said V. Shantakumar, the chief executive officer and managing director of Saatchi’s Indian operations. “Sachin is more than just a cricket player. He’s a role model for young and old India,†Shanthakumar said. “He’s still the nation’s youth icon and he’s still considered by cricket pundits as the world’s best batsman. The value he commands comes from the respect and love people feel for him,†he added. Shanthakumar declined to confirm media speculation that the three-year deal was worth 1.8 billion rupees (40 million dollars). “The amount mentioned is a nice sum, but I am not going to say more,†he said. The 33-year-old, whose fitness will be assessed next week, may be available for the four Test matches against the West Indies starting on June 2. The Mumbai star was delighted to be associated with his new agents.
Source:The News
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