Archive for August 18th, 2012

Celebrity Endorsements

Saturday, August 18th, 2012
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In case you haven’t heard Michael Phelps has possibly put his medals in jeopardy because an ad campaign he did for Louis Vuitton that was leaked early.

Quoting from thisĀ YARDBARKER article:

Phelps’ photos break a new IOC regulation called Rule 40, which prohibits athletes from appearing in ads for non-Olympic sponsors during the Games (July 18-Aug. 15). Louis Vuitton, for the record, was not an Olympic sponsor, thus potentially opening Phelps up to punishment. If the IOC determines that Phelps violated the rule, the sanctions could include fines and the stripping of medals, according to CNBC.com.”

While I don’t begrudge Michael the fame, I sure hope that his quest for money hasn’t impacted his metals. It would be a shame to have done all that hard work and it be for nothing. (more…)