Tuesday, May 27, 2008

Nike Signs Big Brown To $90 Million Horseshoe Contract



Courtesy of The Onion:

PORTLAND, OR—In a move that added the world's pre-eminent equine athlete to its stable of endorsers Tuesday, Nike signed Kentucky Derby and Preakness Stakes winner Big Brown to a seven-year, $80 million endorsement contract that included a $10 million signing bonus as well as the creation of a signature horseshoe, the Air Brown.

"Nike is ecstatic to sign the top star in horseracing," CEO and Nike president Mike Parker said, unveiling the "jumphorse" logo as the Kentucky-bred colt trotted onstage. "From Michael Jordan to Tiger Woods, Nike has created formidable partnerships with the very best in sports. I can't say how proud we are to work with B.B., who is an extraordinary individual both on and off the track."

"Big B doesn't complain when he gets the far outside starting gate position," Parker added. "He just gallops. And he gives hope to everyone out there that if they train hard, push themselves, and keep their snout clean, they can accomplish anything."

Big Brown, whose Nike endorsement deal is the largest ever for a thoroughbred, was flown from New York to Portland in a private Nike jet stocked with the world's finest bourbon, caviar, sugar cubes, cigars, carrots, and hay. Upon arriving on the west coast, the equine superstar's handlers whisked him past a throng of cheering fans into a stretch limousine bound for Nike headquarters, where Brown, his 11-horse entourage, and his team of lawyers reviewed the contract one last time before signing.

Slated for release on June 1, the lightweight, U-shaped Air Brown horseshoe features Nike's patented air-cushioning system, consisting of a pressurized gas encapsulated in polyurethane and aluminum. According to Nike engineers, the innovative technology was created to provide equal measures of comfort, support, and performance on both dirt and grass tracks by reducing shock, distributing pressure, and protecting the hooves from overpronation. Big Brown intends to debut the Air Brown horseshoes on June 7 at the Belmont Stakes, when he attempts to become the first horse to win the elusive Triple Crown in 30 years.

Although Big Brown was approached by a number of suitors from sportswear manufacturers including Adidas, Reebok, and Pony, the undefeated 3-year-old was ultimately won over by Nike's willingness to work closely with him to create a horseshoe conforming to his strong sense of personal style as well as his physical needs. Big Brown was reportedly impressed by Nike's efforts when technicians used cameras to record his gait from multiple angles while he ran on a treadmill.

"Because Big Brown's hooves have been prone to injuries, we created 3D computer models to map out their exact size and shape in order to design a customized horseshoe that fits perfectly," Nike technician Kenneth Phillips said. "We've also determined he can reduce the risk of impact injuries during his workouts by exercising on a quartet of stationary elliptical machines."


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