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Jimmy Shea's comments about underage drinking Friday could mean the loss of significant endorsement income. Sports marketing experts had projected the Olympic gold medalist to be in line to earn as much as $500,000 in appearances and endorsements over the next year.
"When you have a chance to represent corporate America, you have to pay close attention to every word," said David Carter, principal of the Sports Business Group, a sports marketing firm. "On the surface, it appears that he was clearly ill-prepared to realize the magnitude of his every word."
But Shea's manager, Kelly Peterson, who has been entertaining marketing proposals since Shea and his agent parted ways two weeks ago, said his statement was misunderstood.
"Jimmy told me that he does not condone or encourage underaged drinking," Peterson said. "But he also refuses to ignore the reality that teenagers drink in high school. He knows kids will continue to make their own choices, so if they choose to drink illegally, he just wants them to be responsible about it."
Peterson said her phone is "ringing off the hook" with offers for Shea and that his comments won't affect his endorsement potential.
Last week, Shea made an appearance at an Anheuser-Busch wholesaler's conference in New Orleans. Peterson said his appearance in New Orleans had nothing to do with what was said in the Conard High School speech.
-- Darren Rovell, ESPN.com
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