Tag: Drew Brees. New Orleans Saints

Drew Brees creates multi-million dollar quandary for companies he endorses

Drew Brees makes $15M in endorsements and has franchises with Jimmy John’s and Dunkin’. What will the business fallout be to his comments?

The furor over Drew Brees’ comments stretches far beyond the NFL. The Saints’ quarterback is hearing it from fellow players and also could be at risk in a business sense.

Brees is No. 22 on Forbes’ list of the 100 Highest-Paid Athletes in 2020. He is shown to earn $29.8M on the field via his play for the Saints. And, another $15M in endorsements.

Forbes says Brees owns multiple Jimmy John’s and Dunkin’ franchises. He also invested in food delivery service Waitr.

He also receives more than $13,000 for every endorsed tweet he makes to his estimated 3.2 million Twitter followers, according to Opendorse. Brees’ endorsement deals include Nike, Proctor & Gamble, PepsiCo, and Wrangler. He also has a family foundation that has contributed over $25 million to charities in New Orleans and San Diego, the communities where Brees has played.

The question is what will the companies he is tied to through owning franchises and through endorsements do with the suddenly controversial quarterback?

Fellow NFL players continue to react to the comments Brees made to Yahoo Finance about disrespecting the flag.

Teammates Malcolm Jenkins and Michael Thomas weighed in and more players reacted on social media deeper into the day. Torrey Smith had his say via Twitter.