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Missy Franklin Wants to Swim in College, Put Off Millions In Endorsement Fortunes


 Missy Franklin Wants to Swim in College, Put Off Millions In Endorsement Fortunes
By SM - 08-04-2012, 08:38 AM - Boxden > BX SportsCenter


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If the experience of past Olympians is any guide, gold-medalist swimmer Missy Franklin could be be swimming in money after she heads home to Colorado from the London games.

But the teenager has defied conventions in nearly every aspect of her path to London, where she has already won three gold medals and one bronze. Now Franklin, 17, will forgo immediate fortunes in endorsements and prize money to remain an amateur.

In an indication of what Franklin is passing up, gymnast Gabby Douglas -- America's other darling of the Olympics -- will appear on a special-edition box of Corn Flakes, Kellogg announced Friday.

Rather than star on a cereal box, Franklin would like to compete in college.

Skipping endorsement deals and the promo-laden route to Michael Phelps-like celebrity is the latest in Franklin's I'll-do-it-my-way style.

Her income from deals would likely be "in the millions," according to Ronald Oswalt, CEO of the San Marcos, Texas-based Sports Marketing Experts.

Franklin, who will soon be a high school senior in Aurora, Colo., has already turned down $100,000 in prize money and many times that in endorsements, the Wall Street Journal estimated.

But Franklin's decision to maintain amateur status, a requirement for competing in the NCAA, might have a long-term personal payoff, if not a financial one, said Oswalt, who specializes in connecting athletes with sponsorships.

"Winning a gold medal can be priceless, but cashing in on the glory could or couldn't turn into happiness," he said.

Oswalt applauds Franklin's parents for not pressuring her to reap monetary rewards from her success in the pool.

"So many parents push their kids," he said. "They think the Olympics are going to be their payday, but her dreams have already come true."

The decision might also have been a prudent one because of the pressures that high-profile endorsements bring, said Evan Morgenstein, a sports agent who has represented U.S. Olympic swimmers Dara Torres and Janet Evans. With endorsements come many requirements and, often, a commitment to perform for years, he said.

Franklin's decision could not have surprised those who have followed her unorthodox career.

Since age 7, Franklin has stuck with the same coach she was paired with the first day she walked into a Colorado swimming club, which did not even own its own pool. She did not move to a part of the country known for producing swimming gold medalists like Florida or California. Her coach, Todd Schmitz, is now a member of the U.S. Olympic coaching staff.

Franklin's famous versatility in the pool -- she qualified for seven events in London, two of them the very different backstroke and freestyle -- is a result of her unconventional refusal to specialize in a single stroke early on.

Franklin only endeared herself more this week when she dedicated her Olympic victories to the victims in her hometown of the movie theater massacre that k!lled 12 and injured 58.

"Everything I've done here is for them," she said immediately after breaking the 200-meter backstroke world record for her third gold medal.

Even without appearing on television for sandwich commercials, as Phelps famously did, Franklin's cheerful demeanor has long made her a media sweetheart.

After a triumphant trip to London, she is likely to keep that status, even if she does it from a collegiate swimming pool.

And after all, Oswalt said, she is only 17.

"She should enjoy her senior year," he said. "She can make a decision in 2014 or 2015. She still has time."

Missy Franklin Will Forgo Millions to Swim in College - ABC News


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14 comments for "Missy Franklin Wants to Swim in College, Put Off Millions In Endorsement Fortunes"


 08-04-2012, 09:51 AMaway - #2
Suppafresh
Why is every time a tragedy happens the person or people related to the tragedy win a big event? Anyway she dumb for not going pro the college is going to[..] her for millions and give her a degree that's pointless. Like BIG K.R.I.T says "what good is degree if there's no jobs to apply."
 08-04-2012, 09:54 AMaway - #3
stogz
Returning to colorado?

The only thing that awaits there.... is likely, another mass shooting.
 08-04-2012, 09:58 AMaway - #4
nahsuhmeanz
[pic]
 08-04-2012, 10:01 AMonline - #5
ReggieA
NCAA might try and ban her from competition [pic] I would not be surprised if they did [pic]
 08-04-2012, 10:03 AMaway - #6
Youngin19
man you should be able to get endorsements and still compete in college, especially for a sport like swimming...that's !!ed up
 08-04-2012, 10:08 AMaway - #7
Michael 1987
Money ain't everything like i said before.[pic]
 08-04-2012, 10:41 AMaway - #8
drama_kiNg
Originally Posted by Michael 1987
Money ain't everything like i said before.[pic]
yeah but to a college athlete like this money means a lot. she's a swimmer, when she graduates she's probably not going to make any money. she's going to get some bull!! degree and swim all the time during college and come out with nothing to show for it
 08-04-2012, 10:42 AMonline - #9
Rique
Shes buggin whole point of college is to get a degree so you can have a career. She has her career already + shes mad ugly she just wants to get trashed n go to frat parties
 08-04-2012, 10:54 AMaway - #10
#TheReturn
Originally Posted by drama_kiNg
yeah but to a college athlete like this money means a lot. she's a swimmer, when she graduates she's probably not going to make any money. she's going to get some bull!! degree and swim all the time during college and come out with nothing to show for it
She's only 17.. She'll be 21 during the Rio Olympics in 2016.. She'll likely take endorsements then, and still be 25 for the 2020 Olympics..


It's a major risk she's taking but if she stays on pace, she'll be OK. Not to mention she just wants to stay competitive and swim for a school. I can't knock this.. She just better not fall off.
 08-04-2012, 12:13 PMaway - #11
ttime236
I'm sorry, but anyone that passes on millions guaranteed to go to college instead is an idiot
 08-04-2012, 12:26 PMaway - #12
Liquid-Science
She's dumb

it ain't like swimmers are guaranteed millions, you gotta take it when you can get it...you're only noticed every 4 years

there's always some youngin coming up behind you too
 08-04-2012, 12:36 PMonline - #13
Rique
Jared Sullinger Perry Jones n Jake Locker better hit her up
 08-04-2012, 01:05 PMaway - #14
stlcardinals19
Hey, if she wants to experience being a college kid, then more power to her, I say. She'll get her milions afterwards if she keeps her pace.
 08-04-2012, 02:40 PMaway - #15
Suppafresh
She not going to be able to. Focus that much on swimming going to college.school work friends parties life going to be hell plus the competion is going to be toasts cheek. Not enough hours inthe day to train like she suppose to when she at college.
 
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