"With nearly 100 million George Foreman Grills sold since 1995, Foreman has had enormous influence in the wellness industry. He is also one of the highest-paid and most recognized celebrity endorsers in the world.
In 1999, Foreman signed a $137.5 million deal with Salton Inc. (recently merged with Applica Incorporated), entitling the grill manufacturer to global, unrestricted use of Foreman’s name in marketing the Lean, Mean, Fat-Reducing Grilling Machine and related products. The deal made Michael Jordan’s $40 million deal with Nike look small by comparison."
Integrity:
"Integrity: His Greatest Asset “The greatest asset, even in this country, is not oil and gas,” Foreman says. “It’s integrity. Everyone is searching for it, asking, ‘Who can I do business with that I can trust?’ ”
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.