Mbappe's On Deal Signals Shift in Athlete Endorsement Model

Kylian Mbappé’s new deal with On includes an ownership stake, marking a shift toward equity-based partnerships that could redefine athlete endorsements.

Mehmet Şahinoğlu ·

Mbappe's On Deal Signals Shift in Athlete Endorsement Model

Real Madrid striker Kylian Mbappe has forged a new partnership with Swiss sportswear brand On, moving beyond traditional endorsement deals. This agreement grants Mbappe an ownership stake in the company, signaling a significant evolution in how elite athletes engage with brands.

Mbappe Forges New Brand Path

Mbappe's decision to partner with On follows nearly two decades with Nike, a dominant sportswear industry player. His move indicates a strategic shift from merely promoting products to holding a vested interest in a company's success. This model offers athletes a more direct financial upside tied to brand growth, rather than fixed endorsement fees.

Athlete Equity Reshapes Partnerships

Real Madrid

The deal highlights a growing trend where high-profile athletes seek equity or creative control in brand collaborations. This approach transforms them from paid endorsers into business partners, aligning their long-term financial interests with the brand's performance. For On, securing Mbappe as an owner and ambassador provides a powerful marketing asset and credibility boost in the competitive sportswear market.

Implications for Sports Marketing This partnership model could reshape the sports marketing This partnership model could reshape the sports marketing landscape. Brands may increasingly offer equity stakes to attract top talent, especially as athletes become more sophisticated in managing personal brands and financial portfolios. It also suggests traditional endorsement contracts, primarily involving product supply and promotional appearances, may become less appealing to athletes seeking deeper engagement and greater financial leverage. Future of Athlete-Brand Collaborations The success of Mbappe's venture with On will likely influence future negotiations between athletes and corporations. If this model proves lucrative for both parties, it could accelerate a broader shift towards equity-based partnerships across various industries, extending beyond sportswear. This evolution could empower athletes with greater control and a larger share of the value they help create for brands.

More stories