Dollar Signs Seen In Young "Buck" Jennings
(Story courtesy of www.cnbc)
By: Darren Rovell
CNBC Sports Business Reporter
Brandon Jennings got too good too fast.
cnbc.com Brandon Jennings' rookie card
The Milwaukee Bucks rookie guard, who skipped college ball by playing a year in Italy to satisfy the NBA age requirement, is all-of-a-sudden the talk of the league. Through nine games, the overall 10th pick in this year's draft is averaging 24.8 points a game, thanks in part to scoring 55 against the Golden State Warriors Nov. 12.
No one expected him to be this kind of star, especially after Jennings returned from Europe having averaged less than eight points a game.
The league normally takes a wait-and-see approach on rookies, which is why if you want a Jennings jersey right now from the league's official store you’ll have to customize it yourself. Because of the demand, we’re told all three of his authentic jerseys will hit the site soon.
And his basketball cards are exploding. Jennings has 13 of the top 20 cards on the “Basketball Hot List” in the upcoming issue of Beckett’s Sports Card Monthly. Tuff Stuff' has Jennings 2009-10 Panini Prestige Rookie Autograph #'d to 100 priced at $150, while his Panini Rookie Autograph #360 is priced at $140.
Since Jennings’ 55-point performance, Jennings' best cards have more than doubled in value.
Jennings is one of seven players who have memorabilia and autograph exclusives with Panini America, which has exclusive rights to make NBA cards. Panini spokesman Scott Prusha said Jennings will appear in a print ad for the company next month.
Jennings' biggest endorsement is with Under Armour who signed him to a multi-year deal last year. Jennings is wearing Under Armour shoes with the Bucks, just like he wore last year with his Italian team, Lottomatica Virtus Roma. While the company has used him in advertising -- he was in a running ad and he's on point-of-purchase material at major sporting goods retailers -- the company isn't directly cashing in on Jennings because it hasn't announced when it will bring a basketball shoe to market.
That doesn't bother Steve Battista, Under Armour's senior vice president of brand.
"We never base a product line on an athlete," Battista said. "At Under Armour, it's brand first and athlete second and it's going to continue to be that way. No one athlete is bigger than the brand. That being said, we pride ourselves on having authentic athletes like Brandon."
Battista said the performance of Jennings, who happened to be wearing the shoes made for the Maryland basketball team on the night he scored 55 points, won't force executives to bring a basketball shoe to the market any sooner.