The NBA system urges me to pay back the money

Chapter 98 98.20% dividends, are you tempted?
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After the game at the Staples Arena, the Heat will fly to Phoenix overnight by special plane.They'll rest overnight in Phoenix, rest another day and challenge the Suns.

Time was running short, and it was already three o'clock in the morning when the Heat team arrived in Phoenix.After checking into the reserved hotel, the exhausted people fell asleep directly, even Qin Xiong, who was always full of energy, was no exception.

It is very painful to challenge opponents in consecutive back-to-back away games, not only physically, but also mentally.

Sleep until you wake up naturally.

When Qin Xiong woke up, it was the time when Phoenix was watching the sunset.He got up and opened the curtains, and stood at the window to enjoy the world-famous sunset in Phoenix.

Phoenix is ​​a desert city with a shortage of water resources but a large population.As the capital of Arizona, the population of Phoenix ranks among the top five in the United States.

After admiring the sunset for a while, Qin Xiong felt nothing interesting.Wang Wei's "The lonely smoke in the desert is straight, the long river sets the sun round" is very beautiful, but it is a pity that Qin Xiong will not appreciate it.And in the city center, surrounded by tall buildings, you can't see "Guyanzhi" at all, and the setting sun is very round!
After simply washing up, I went straight to the restaurant for dinner.

In the restaurant, Schwartz arrived not long after Qin Xiong arrived.

"Huh, Jeff? Why are you here?"

Jeff greeted the other Heat players with a smile, then sat down beside Qin Xiong, and said softly, "Let's talk in a quieter place after dinner."

Qin Xiong nodded, and after slowly finishing his breakfast, he greeted his teammates and assistant coach Spoelstra, and followed Schwartz to a quiet conference room.

"Why are you here? Didn't the negotiation go well?"

Schwartz shook his head: "It's not that it's not going well."

He poured a glass of water for Qin Xiong, then took a glass of red wine and put it in his hand, took a sip and said: "Those guys have noticed your performance, but they think your conditions are too harsh... ..."

"Ok?"

"They think that the market cannot accommodate your contract, and your main market is China, and China is not a developed country like the United States after all, and its purchasing power is far lower than that of Europe and the United States..."

Qin Xiong was noncommittal.

Although China is not a developed country, its population base is there.Moreover, China's economy has been growing at a high speed in recent years. There are more rich people, and the purchasing power is definitely not low!
Take Qin Xiong's family as an example.

When he was a child, his parents were both industrial workers. After being laid off, he succeeded in starting a business. A pair of sneakers is nothing to the child.And as far as Qin Xiong knows, there are quite a few families like his in China, especially in the coastal areas, where the purchasing power is not bad at all.

Of course, Schwartz was right.At this moment, the average monthly salary in China is only a little over 1000 yuan. The general public will not support Qin Xiong with a month's hard-earned money. After all, they still have to eat!
Qin Xiong remained silent.

He feels that his performance in the NBA is completely worthy of the price offered, but the market capacity is not enough, what can he do?
Unless... take Jordan's sneakers out of the market?
That's impossible!

The Jordan brand has been operated by Nike for nearly 20 years, and its roots are deep. Even if Qin Xiong performed against the sky, it is impossible to squeeze it out of the market in a short time.

If you can't deal with Jordan, in fact, active players are good targets.As long as Qin Xiong can beat the crowd, it will not be a problem to get enough sales on sneakers, but it can't match the conditions he put forward!

"Actually, Nike also proposed to establish a sub-brand..." Just when Qin Xiong was silent, Schwartz suddenly threw out his trump card.

"Oh? What do you say?"

"It's your portrait right to buy shares, and set up a brand similar to AJ with Nike." Schwartz explained: "They can't meet your conditions, they can only tie you to the chariot in this way...in this way , both sides will lose and both will prosper, and share the risk together.”

"Didn't AJ be separated from Nike just this year?" Qin Xiong was puzzled: "Michael originally owned 4.5% of Nike's shares. How could he agree to separate AJ alone? How much loss would this be?"

AJ's separation from Nike has had a great impact this year, which was reported by the media at the time.It is said that although Michael has no shares in Nike, he can get 2/3 of AJ's net profit every year in dividends.

2/3 of the dividends are real cash, not Nike shares similar to fixed assets.Although Nike beat Adidas in North America at this moment, due to the impact of the economic crisis, Nike's stock price has been unsatisfactory. It is not incomprehensible for Joe to convert fixed assets into cash income.

And the entanglement is too deep, Qin Xiong can't figure it out.

Schwartz couldn't answer Qin Xiong's question.He is just a broker, not a capital player. How can he know the inside story?

"By the way, if we cooperate to establish a sub-brand, what conditions can Nike give? Can it match Michael?" Qin Xiong asked.

Schwartz laughed dumbfounded, how is this possible?

"The reason why Michael was able to get 2/3 of AJ's dividends was mainly because he replaced them with Nike's shares. We don't have to think about such a good thing, it's impossible at all..."

After a pause, Schwartz continued: "Nike promises to give you a 20% dividend, and also promises to update the sneaker technology every year, so that your exclusive brand will always be at the forefront of fashion and technology..."

Uh!
"Is this the bottom line of Nike?" Qin Xiong asked: "20% looks good, but what do you think Jeff?"

Schwartz said nothing.

If Qin Xiong was just an ordinary football star, he would have persuaded Qin Xiong to sign quickly, and there would be no such store after passing this village.

Exclusive brand, 20% dividend!

Even a proud man like LeBron doesn't get such treatment!

But is Qin Xiong an ordinary star?

In the past game, Qin Xiong almost single-handedly defeated the Lakers F4 when his teammates were exhausted, and scored 64 points, 60+ in six consecutive games!
Is this kind of data available to ordinary stars?

However, the 20% dividend is indeed Nike's bottom line.After all, Qin Xiong is just a rookie, he has no MVP, no championship ring, and he has never proven his market value.

It is indeed sincere enough for Nike to take out a 20% dividend.

"All right!"

Seeing that Schwartz was silent, Qin Xiong smiled: "Aside from Nike, how about other companies bidding? In recent years, Adidas' share in the basketball market has been gradually eroded by Nike and other brands. They need a leader who can compete with Nike stars. character?"

Huh?
Schwartz glanced at Qin Xiong in surprise, he didn't expect Qin Xiong, a rough basketball player, to understand this.

Seeing Schwartz surprised, Qin Xiong smiled complacently.He is a top student in economics at Creighton University. Although he has dropped out of school, his relationship is still there.And he is the pride of Creighton University, so it's okay to ask the teacher to do him a little favor.

Of course, the money must be given in place.

(End of this chapter)