Magnus Carlsen with 300K dollars sponsorship deal
Meglerhuset Arctic to sponsor Carlsen
Report by chessdom.com
Chess addict and top broker Mads Syversen became chess genius Magnus Carlsen’s main sponsor. “Magnus is special. He represents the pinnacle of the analysis and implementation, he is ambitious and hard-working,” says Mads Syversen, whose company logo will accompany Magnus Carlsen’s outfit in the next 24 months.
The new sponsor company says Magnus will be a good example for the employees with his accuracy and performance and believes that the sponsorship will be a success for both sides.
The deal is for a 2 years period, as Magnus will receive 1 million kroner (175 000 dollars). So far the main income for Carlsen has been from prize funds. The company Magnuschess AS has reported 1,8 million kroner income in 2008, which is a large increase to the 40 000 reported in 2007.
More information: Bergensjakk / Dagbladet
Susan, I just can’t wait for the Halloween Chess Tactic 😉
Best regards from Spain,
Miguel
That’s great! He can now buy more of Kasparov’s opening theory!
Hey Miguel, didn’t Shirov say many years ago he is leaving Spain to go back home? What happened?
Seems like he got his money back (+more) from his investment with Kasparov
$300k? The article says reports less than $200k…
Good for Magnus!
Chessdom has messed up the numbers: Magnus gets 1 million NOK for EACH YEAR. That’s 2 million NOK, which equals about $365 K, or $181 K per year. After reading the article it sounds as if Magnus gets $175 K for the next two years, and this is INCORRECT.
Like he needs more money?????
I guess…good for him ….hmmm.
Mike Magnan
So Magnus incorporated…makes sense.
I wonder what corporate taxes are like in Norway…