This is the story of one of the best endorsement deals in sports history.
Time for a thread 👇👇👇
Foreman's opponent?
The undefeated Smokin Joe Frazier.
Foreman dominated Frazier, knocking him down 6 times in the first 2 rounds - winning by TKO later in the 2nd.
The issue?
Through a series of bad investments and an extravagant lifestyle, Foreman was broke 10 years into retirement.
"I was only fractions, fractions from being homeless.”
Hesitant at first, Foreman finally gained interest after his wife made him a hamburger on it.
"The grease, everything went away and the meat was delicious.”
Although there were no upfront guarantees, Foreman would get 45% of profits.
By 1998 sales had exploded - Foreman was receiving monthly royalty checks of $8M.
Bet on yourself.
And never forget, winners win.
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