Menu
Marketing and Sponsorship

Olympian Gus Kenworthy Worried About Losing Sponsors After Announcing He Is Gay

U.S. Silver Medal-winning freeskier Gus Kenworthy has announced he is gay, but admits to wondering whether his sponsors “would continue to pay him” after coming out, according to a cover story by Alyssa Roenigk of ESPN THE MAGAZINE. Kenworthy is sponsored by Nike, Atomic, GoPro and Monster, and sponsors “equal an athlete’s livelihood" in his sport. A top action sports athlete like Kenworthy takes in around 80% of his $500,000 to $1M a year from sponsorships, "which are based as much on image as they are contest wins.” With “legitimate income on the table,” Kenworthy is “worried” about how his announcement will resonate. He said, “Everyone wants to wear a Red Bull or Monster or Rockstar cap, a T-shirt and jeans and skate shoes. Everyone drives the same type of car and listens to the same kind of music. The industry isn’t the most embracing of someone who’s different. I’m nervous about that” (ESPN THE MAGAZINE, 11/9 issue). FUSION’s Jorge Rivas noted there has been “no word yet from his sponsors on whether they’ll continue to sponsor Kenworthy” (FUSION.net, 10/22).

TIMING IS EVERYTHING: The WALL STREET JOURNAL's Eric Sasson wrote Kenworhty's decision to reveal he is gay "will prove most memorable" among the athletes who have also come out, because he "is at the height of his career." Kenworthy is considered to be the "top athlete in his sport," and in addition to his sponsor portfolio, he will likely go into the X Games this January "as the top seed." Sasson: "In other words, he had pretty much everything to lose by coming out, risking his image and perhaps even his income." Few athletes -- with the "possible exception of British Olympic diver Tom Daley -- have come out publicly during the peak of their careers when they had the most to lose" (WSJ.com, 10/22).

SBJ Morning Buzzcast: May 8, 2024

Start your morning with Buzzcast with Austin Karp: The NFL sets a date for its 2024 schedule release, while also dropping hints that it could soon approve private equity investment in teams; WNBA teams finally land charter flights; the F1 Miami Grand Prix delivers a record on TV; and Elevate lands in Happy Valley.

Phoenix Mercury/NBC’s Cindy Brunson, NBA Media Deal, Network Upfronts

On this week’s pod, SBJ’s Austin Karp chats with SBJ NBA writer Tom Friend about the pending NBA media Deal. Cindy Brunson of NBC and Phoenix Mercury is our Big Get this week. The sports broadcasting pioneer talks the upcoming WNBA season. Later in the show, SBJ media writer Mollie Cahillane gets us set for the upcoming network upfronts.

SBJ I Factor: Molly Mazzolini

SBJ I Factor features an interview with Molly Mazzolini. Elevate's Senior Operating Advisor – Design + Strategic Alliances chats with SBJ’s Ross Nethery about the power of taking chances. Mazzolini is a member of the SBJ Game Changers Class of 2016. She shares stories of her career including co-founding sports design consultancy Infinite Scale career journey and how a chance encounter while working at a stationery store launched her career in the sports industry. SBJ I Factor is a monthly podcast offering interviews with sports executives who have been recipients of one of the magazine’s awards.

Shareable URL copied to clipboard!

https://www.sportsbusinessjournal.com/Daily/Issues/2015/10/23/Marketing-and-Sponsorship/Gus-Kenworthy.aspx

Sorry, something went wrong with the copy but here is the link for you.

https://www.sportsbusinessjournal.com/Daily/Issues/2015/10/23/Marketing-and-Sponsorship/Gus-Kenworthy.aspx

CLOSE