It has been reported that Peyton Manning owns a stake in two Budweiser distributors in his home state of Louisiana. This information was revealed by the trade publication Beer Business Daily. While Manning is well-known for his endorsement of Budweiser during his post-Super Bowl 50 interview, it is interesting to note that his connection to the brand goes beyond just a paid endorsement.
It’s not uncommon for celebrities and athletes to have investments in various businesses, and Manning’s stake in Budweiser distributors is a prime example of this. Owning a stake in a distributorship means that Manning has a financial interest in the distribution and sale of Budweiser products in Louisiana. This could be a lucrative investment, as Budweiser is one of the largest beer brands in the world.
It’s worth noting that Manning’s ownership of these distributors does not necessarily mean that he is directly involved in their day-to-day operations. As a stakeholder, he likely benefits financially from the success of the distributors, but it’s likely that he has a team of professionals who manage the business on his behalf.
While it may seem surprising that Manning, a retired football player, would have investments in the beer industry, it’s important to remember that athletes often have a diverse portfolio of investments. Many athletes look for opportunities to invest their earnings in various industries to diversify their wealth and generate additional income. This can include everything from real estate to technology startups, and in Manning’s case, beer distribution.
It’s also worth mentioning that Manning’s connection to Budweiser goes beyond just his ownership of distributors. His public endorsement of the brand during his post-Super Bowl interview generated significant media attention and likely increased brand awareness and sales for Budweiser. This type of endorsement can be a win-win situation for both the celebrity and the brand, as it can help boost the celebrity’s public image and provide additional exposure for the brand.
Yes, Peyton Manning does own a stake in two Budweiser distributors in Louisiana. While his ownership in these distributors may not be widely known, it highlights the diverse range of investments that athletes often have. Manning’s connection to Budweiser goes beyond just ownership, as his public endorsement of the brand during a highly-watched event like the Super Bowl further solidified his association with the beer brand.