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Current DateTime: 01:47:28 10 Feb 2012
LinksList Documentid: 23279670
Expiration DateTime: 2/10/2012 1:48:30 PM

SPORTS BIZ SLIDESHOWS

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Current DateTime: 01:47:28 10 Feb 2012
LinksList Documentid: 37998722

DARREN ROVELL'S SPORTS INDEX

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ABOUT SPORTS BIZ

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

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Feb.06
4:38 PM ET

With 25 days left in their contract, the folks at Kellogg's decided to make a statement to the media that they wouldn't be renewing Michael Phelps.

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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Current DateTime: 09:37:11 10 Feb 2012
LinksList Documentid: 29778428

Current DateTime: 09:37:11 10 Feb 2012
LinksList Documentid: 29779196

Current DateTime: 11:35:14 10 Feb 2012
LinksList Documentid: 29779197

Current DateTime: 09:37:11 10 Feb 2012
LinksList Documentid: 29779199
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