What implications does an endorsement have for athletes? 🔊
Endorsements have significant implications for athletes, including increased visibility and potential financial gains. Athletes representing brands through endorsements enhance their public profile, which can lead to greater fan engagement and sponsorship opportunities. Moreover, successful endorsements allow athletes to build their personal brands and secure their financial futures beyond competitive sports. However, they must remain mindful of their public image, as any missteps can adversely affect both their reputation and the associated brands.
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