Michael Phelps' star power continues to rock the advertising world; the swimming champ has just inked a $1 million endorsement deal with Mazda in China that will make him the highest-paid Western celebrity sponsor in the history of that country.
Michael Phelps will return to Beijing to complete endorsements for the Mazda 6 automobile in public appearances, on television and in print ads. Phelps' sponsorship deal is hoped to aid flagging Mazda sales in China, which according to Bloomberg News have been well under their projections.
"The people of China have been very supportive of me and my efforts to help promote swimming," Phelps told the New York Daily News. "I am excited to begin 2009 with my first return trip to Beijing since the Games."
Hail Mary Endorsement Deals
More Stats +/-
20 Michael Phelps Stories To Celebrate Sportsman of The Year 2008
Olympic Athlete Book Deals
Top 90 Education Trends in 2017
Interconnected Smart Vehicle Displays