West Indies batting star Chris Gayle may have signed up with Royal Challengers Bangalore (RCB) for just $650,000 but he has been adequately compensated elsewhere, as was being speculated. TOI has learnt that the explosive Gayle has been separately signed as brand ambassador of RCB owner UB Group’s UK liquor arm.
As the international ambassador of Whyte and Mackay, the UB Group’s UK-based arm, Gayle will be “compensated well,” say sources. It is learnt that Gayle has been paid $2 million to promote the liquor brand. On paper, the money spent by Challengers still remains $650,000, which in turn means the franchise still has a $1.35 million purse to spend at the IPL auction in February.
On Thursday, RCB stunned the other Indian Premier League (IPL) franchises by announcing the acquisition of Gayle for the next two seasons. What was even more surprising, especially for those within the fraternity, was the signing amount - $650,000 - for arguably the tournament’s most valuable player. Gayle had been expected to be signed up for much, much more, leading to speculation that maybe a separate endorsement deal had been fashioned out for him.
The signing came after hectic negotiations took place between the franchise and the player. Gayle, if included in the auction, would’ve fetched anything to the tune of $2 million. However, with RCB having the first right of refusal on Gayle, a revamped deal was always a possibility.
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