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Darren Rovell brings you his unique take on the business of sports: a multi-billion dollar global industry and obsession full of personalities and products. On Sports Biz, Darren will give you his up-to-date take on everything from salaries to endorsement deals to marketing and promotions, trades and tirades – in short, everything that makes sports so exciting.
Sports Biz
Feb.06
4:38 PM ET
Friday, 6 Feb 2009
Pull The Frosted Flakes!
Posted By:Darren Rovell
Topics:Consumers | Retail Sales | Endorsements | Television | Media | Print Media | Marketing | Advertising | Sports
Sectors:Retail | Food and Beverage | Media | Personal and Household Goods
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This statement didn't say anything about the fact that they likely wouldn't have renewed him anyway.
This statement was put forth because the folks at Kellogg's wanted to use the Phelps incident to speak of their values.
Well, I'm asking Kellogg's to put their money with their mouth is. If Phelps' actions are so deplorable, let's see it. Let's see you spend money to pay all those supermarkets to pull the boxes off the shelves. If Michael is that damaging your brand, find out how much is out there, and buy it all out.
Short of this, shame on you. You shouldn't have issued a statement and used your corporate power if you weren't really going to act on anything.
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