19 Athletes Who Lost Their Valuable Endorsement Deals

19 Athletes Who Lost Their Valuable Endorsement Deals Numerous competitors get unmistakably more cash-flow auctioning their superstar off the playing field than they do from their expert pay rates. The most celebrated and very much respected competitors score rewarding agreements by loaning their big name to partnerships who need the general population to connect their brands with the competitor's picture. The competitor wears apparel with the brand's logo or praises the prudence of their item, and consequently gets a huge check. At the point when competitor supports work, they work for the two gatherings. Be that as it may, most underwriting bargains likewise will in general accompany moral statements that permit the organization to leave the agreement if the big name arrives in a difficult situation, or in any case discolors their notoriety. In the enormous cash universe of big name supports, this isn't a remarkable event. Here's a glance at probably the greatest competitors who lost supports â€" and the cash that went with those arrangements. 1. Spear Armstrong Arrangements lost: Trek, Easton-Bell Sports, 24-Hour Fitness, Nike, Anheuser-Busch, RadioShack, Oakley, Honey Stinger, FRS Money lost: An expected $150 million On a solitary day in 2012, eight of Lance Armstrong's 11 patrons ended agreements or declared plans not to restore, CNBC revealed. A couple of days after the fact, Oakley, Armstrong's final support, cut binds with the notorious malignant growth survivor, whose name was equivalent with title cycling, ESPN announced. Close Modal DialogThis is a modular window. This modular can be shut by squeezing the Escape key or actuating the nearby catch. The explanation: The U.S. Hostile to Doping Agency discharged a report containing proof that the seven-time Tour de France champion had taken and covered his utilization of prohibited substances. Armstrong likewise had the entirety of his titles stripped and was prohibited from cycling forever, the Los Angeles Times announced. Understand More: How Much Does Gabby Douglas Make From Kellogg and Other Endorsements? 2. Tiger Woods Arrangements lost: Accenture, ATT, Gatorade, Buick Money lost: $22 million In any event 90 percent of the $1.35 billion Tiger Woods has earned since his professional presentation in 1996 originated from supports. In 2010, Tiger Woods earned $22 million â€" or 30 percent â€" short of what he did in 2009, ESPN revealed. That year, a profoundly announced issue including an auto collision and, in the end, a $100 million separation, prompted everything except one of his significant blue-chip supports dropping him. Nike stayed with him all through, and â€" in spite of the fact that his ongoing income are half of what they were at his pinnacle of $115 million of every 2008 â€" the organization keeps on paying him $20 million per year, Forbes revealed. He's likewise since included organizations like Rolex, Upper Deck, Kowa and Hero MotoCorp to his portfolio, as per his site. 3. Maria Sharapova Arrangements lost: Porsche, American Express, Avon Money lost: Unknown In March 2016, Maria Sharapova â€" who was then the reigning most generously compensated female competitor on the planet for over 10 years â€" stunned the tennis world when she bombed a medication test subsequent to taking a substance that she said she didn't know was prohibited, CNN revealed. Porsche, Nike and Tag Heuer suspended relations with Sharapova, who might in the end be suspended from playing for a long time. In June, Nike â€" effectively Sharapova's most significant support â€" turned around course and said they would stay with her. Evian and Head additionally dedicated to remain by Sharapova, as indicated by BrandChannel.com. 4. Oscar Pistorius Arrangements lost: Nike, Oakley, Thierry Mugler Money lost: $2 million every year In 2013, data started to develop around Olympic hero racer Oscar Pistorius and his supposed association with the homicide of his sweetheart, model Reeva Steenkamp. His supporters started to break attaches with the twofold amputee, who was exceptionally attractive as a result of his helpful back story, the Guardian announced. The South African was inevitably indicted for homicide and condemned to six years in jail, a sentence that was scrutinized as excessively light by his depreciators, the BBC detailed. 5. Michael Vick Arrangements lost: Reebok, AirTran Airways, Rawlings, Donruss, Upper Deck Money lost: Unknown In 2007, NFL quarterback Michael Vick was arraigned for running an unlawful dogfighting ring. Nike dropped the Vick shoe and his supporters fled, Fortune revealed. He was suspended from the association, and in the end indicted and condemned to jail. In the wake of serving 21 months in government jail, Vick reappeared and had a second NFL vocation that incorporated an outing to the Pro Bowl. In 2011, Nike re-marked Vick, the first run through in the organization's history that it re-marked somebody subsequent to ending them for moral reasons. He got different backers, also, including Unequal Technologies and MusclePharm, Forbes announced. 6. Beam Rice Arrangements lost: Nike, Vertimax, Electronic Arts Money lost: $1.6 million every year In 2014, TMZ discharged a video of Baltimore Ravens running back Ray Rice purportedly thumping his fiancee oblivious in a lift. Nike disavowed and pulled his shirts from stores, and Modell's removed his pullovers from stores and off their site, AdWeek announced. At long last, he was cut from the Ravens, and each support dropped him. 7. Barry Bonds Arrangements lost: Potential supports never accomplished Money lost: $10 million every year In 2007, Barry Bonds was pursuing Hank Aaron for the most-desired record in baseball â€" most lifetime homers. However Major League Baseball couldn't persuade a solitary one of their 19 authority corporate accomplices to support the pursuit for the record, Bloomberg News detailed. Indeed, even right off the bat in his profession, corporate patrons were purportedly killed by Bonds' troublesome character. That year, in any case, even his achievements wilted under the shadow of supposed steroid use, which he later conceded in court declaration in 2011, however said he was misdirect into speculation they were flax seed oil and joint inflammation cream, FoxSports announced. 8. Adrian Peterson Arrangements lost: Radisson, Castrol, Nike Money lost: $4 million In December 2014, when the NFL was thinking about suspending Adrian Peterson after he argued no challenge to youngster misuse accusations, the Minnesota running back requested that the NFL consider the $4 million he lost in sponsorship bargains as a component of his discipline, ESPN revealed. Nike, Castrol and Radisson had all cut off their associations with Peterson. At the point when he came back to the association in 2015, notwithstanding, he played well and patrons recovered intrigue. Soon after his arrival, he was marked by Adidas. 9. Wayne Rooney Arrangements lost: Coca-Cola Money lost: $779,148 every year In 2010, Wayne Rooney was in the news after claims of undermining his then-pregnant spouse. In spite of the fact that Coca-Cola removed him from their promotions for Coke Zero, the brand despite everything kept up its relationship with Rooney. At that point, after a progression of occasions â€" remembering a for air, obscene tirade â€" Coca-Cola dropped the English soccer star, as indicated by The Telegraph. Different backers stayed by him. In 2016, Rooney has $6 million in profit from supports, including Nike, Forbes announced. 10. Michael Phelps Arrangements lost: Kellogg Money lost: Unknown With 18 gold awards, swimmer Michael Phelps is the most enlivened Olympian in American history. In 2009, Kellogg dropped Phelps after a photograph of him supposedly smoking weed at a school party turned into a web sensation, Ad Age revealed. Different patrons, similar to Subway, remained by him. At that point, in 2014, Phelps was captured for DUI, which was his second, ESPN detailed. Specialists anticipated he would endure the second open disaster â€" and generally, they were right, as per NBC News. Presently, he's embraced by Under Armor, Omega, Master Spas, Sol Republic earphones, Aqua Sphere and 800Razors.com, The Baltimore Sun detailed. 11. Rashard Mendenhall Arrangements lost: Champion (Hanesbrands) Money lost: Unknown In 2011, Rashard Mendenhall apparently tweeted questionable proclamations about the ongoing murdering of Osama container Laden and, later, about September 11. After three days, perhaps the greatest support, Champion, claimed by Hanesbrands, declared they were dropping Mendenhall, Forbes announced. Mendenhall recorded a $1 million claim against Hanesbrands for penetrate of agreement. In 2013, the two gatherings agreed for an undisclosed measure of cash, as indicated by The Hollywood Reporter. 12. Ben Johnson Arrangements lost: Diadora Money lost: $2.5 million In the 1988 summer Olympics in Seoul, South Korea, the world was buzzing with the brutal contention between the two quickest men on earth: Canadian Ben Johnson and American Carl Lewis. Johnson won the profoundly foreseen 100-meter race, brought home the gold decoration and set another world record. Forty after eight hours, his reality unwound as news spread that he had tried positive for anabolic steroids. His award was disavowed, his nation halted lifetime installments on his agreement, he was suspended from his game and his greatest support, Diadora, dropped him, ESPN announced. 13. Aaron Hernandez Arrangements lost: Cytosport, Puma Money lost: Unknown In 2013, New England Patriots star tight end Aaron Hernandez was an individual of enthusiasm for a murder examination, albeit no captures had been made at that point, USA Today revealed. Corporate supporters like Cytosport, and later Puma, dropped him after he was accused of homicide. In April 2015, Hernandez â€" who immediately rose to NFL fame and earned a $41 million agreement, the second-most elevated ever for a tight end â€" was indicted for first-degree murder. He's anticipating preliminary for a different twofold homicide allegation, as indicated by Reuters. 14. Jon Jones Arrangements lost: Nike, Reebok Money lost: Unknown One of the most mainstream and fruitful contenders in the MMA world, Jon Jones' star dove when he was captured for an attempt at manslaughter mishap in 2015, Fox Sports announced. A year sooner, Nike dropped him, Jones asserted, for an out-of-the-Octagon b