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http://sports.espn.go.com/golf/masters05/n...tory?id=2034767
In the time it took the swoosh to disappear over the lip of the cup on the 16th green, Chris Mike had already picked up the phone to discuss strategy with Nike's advertising specialists about how to capitalize on the defining moment of Tiger Woods' fourth Masters title.
Nike pays Woods $20 million as its top endorser, but it's Mike's job to seize on moments like Woods' amazing chip shot on Sunday.
"When I saw the shot roll in, I knew that what we would be doing for the next quarter or two would revolve around this," said Mike, director of marketing for Nike golf.
But while executives at Wieden + Kennedy, the agency that handles Nike's advertising, strategize how best to market the moment, a spokesman with Augusta National, host of The Masters, said officials of neither the agency nor Nike have begun negotiating with the club for rights to use footage from the tournament. Augusta National not CBS Sports, which televised the event maintains the rights to all Masters footage.
"We don't think it needs to be out there right now," Mike said. "With the media covering this story, we have some time."
Though Nike could turn around a spot within the week, it has already realized between $750,000 and $1 million in equivalent advertising time, according to Raymond Howland, golf editor of Joyce Julius & Associates, a sponsorship evaluation firm.