Chicago-Based Startup Archer Signs Pitcher Clay Chapman To $3.4 Billion Contract - Biggest Sports Endorsement Deal Of All Time
CHICAGO, March 30, 2017 /PRNewswire/ -- Archer, a Chicago-based company that sells men's home products, has signed Chicago-area athlete Clay Chapman to the biggest endorsement deal of all time. In order to accommodate the company's modest financials, the hurler, who plays for the Crestwood-based Windy City ThunderBolts, will be paid over an agreed period of 10 million years.
"I'm stoked," said Mr. Chapman, 25. "This is huge."
Company co-founder John Bleeden added: "This is a very exciting day for the Archer Brand. Upon meeting, we were struck by how perfectly Mr. Chapman fit with our brand. He is a young pitcher with the best years of his career ahead of him," Bleeden said of the Frontier League star, who is in his second season with the ThunderBolts. "We feel the same way about our company - our best years are coming."
Archer is a manufacturer of home care products for men. The brand's flagship product is a line of air fresheners with male-targeted scents such as European Sports Car and Hunting Lodge. The company is currently expanding its line to include masculine dish soaps and plans to launch candles for men later this year. Mr. Chapman's signing marks the start of Archer's new ad campaign, "Smell The Epic."
Chapman fielded questions at the March 29 press conference held in Chicago. The press conference can also be viewed via Facebook Live at facebook.com/archermen, or at archermen.com/3point4billion.
At the end of the 10 million year period, both parties will have the option to extend.
about Archer
Archer is an American company that creates unique home products with an emphasis on design and masculinity. It is our goal for men and women to not only love how our air fresheners and dish soap work, but how our products look. All archer products are made in the USA with the environment in mind. Archer air superiority uses a safe water-based solution and an environmentally friendly nitrogen-based propellant. For more on archer, feel free to contact [email protected]
Contacts:
Derek Reinglass 847.767.3080 [email protected]
Jon Farren 312.929.0521 [email protected]
SOURCE Archer
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