It's usually the case that, when a celebrity "goes wild" or acts out, sponsors shy away from them. This may not be the case for tennis' Serena Williams...
"Most marketing experts believe tennis star Serena Williams isn't in danger of losing any of her estimated $12 million in annual endorsement deals after her profane outburst at the U.S. Open -- none of her sponsors dropped her, and Nike and Kraft Foods put out a statement of support."
And it doesn't sound like they're planning on it.
Ms. Williams has marketing deals with Nike, Wilson Sporting Goods Co., Hewlett-Packard and Gatorade. She also owns and designs her own clothing line, Aneres. Kraft Foods, which sponsors Ms. Williams through its Oreo Double Stuff Racing League, in which she and sister Venus Williams are pitted against Eli and Peyton Manning, is also standing by her. Company spokesman Basil Maglaris said, 'We're glad to see Serena Williams has taken responsibility for her actions and we continue to work with her.'
Nike noted that Ms. Williams apologized almost immediately after the outburst and said 'she let her emotions get the best of her. Nike stands behind Serena and looks forward to her outstanding career continuing.' A Wilson spokeswoman at company headquarters in Chicago declined to comment to AdAge.com; other sponsors could not be reached at press time.
But experts don't fear a backlash. 'I tend to think she is in no danger of losing her endorsements,' said Robert Boland, clinical assistant professor of Sports Management at New York University. Mr. Boland even referred to an on-court interview conducted by Patrick McEnroe after Ms. Williams teamed with her sister, Venus, to win the U.S. Open women's doubles championship a day after her tirade. Mr. McEnroe asked about the outburst and was booed by the crowd.
'I don't see it having any negative effects on her long-term marketability, though I'd expect her current sponsors may want to limit her visibility until Americans lose interest in this scandal and move on to the next,' said Bob Dorfman, executive creative director for San Francisco-based Baker Street Advertising. 'It's also possible that this could lead to new endorsement opportunities for her in the same way that Brett Favre's off-season indecision [about retiring] found its way into a Sears ad [in the 30-second spot, Mr. Favre spends hours deciding whether to buy a new TV]. Serena's outburst could become the subject of a campaign for an anti-perspirant, herbal tea, mattress or other product designed to help you stay cool, calm and relaxed.'"
What do you think?