Last week, word came that Jamie Gold signed a sponsorship deal with a relatively new poker site, Aced Poker. That information was confirmed, but more details of the agreement are beginning to come out. MSNBC picked up the story and reported that Gold is set to earn \”eight figures or more\” through the deal. For those math-challenged readers (like myself who had to write it out with the zeroes), that\’s a minimum of $10,000,000!
From the MSNBC piece:
Aced.com, which launched in September 2008, operates on the Merge Gaming Network. Aced poker room manager Brandon Berndt stated in regards to signing Gold, \”We are extremely excited to have Jamie on board, not only because of his obvious value as an ambassador for us within the poker world, but for the unparalleled enthusiasm, insight, and creativity he brings to the ongoing development of our brand. He could have chosen so many other sites, but we share his values and vision. He is worth every penny — or billion pennies.\”
While exact terms cannot be legally disclosed, sources familiar with the transaction suggest that Gold stands to earn eight figures or more. Aced.com confirmed that in addition to the lucrative online deal, they will fund Gold\’s participation in major USA, European, and Asian events. \”I am not at liberty to disclose details of the arrangement,\” commented Gold\’s attorney Les Abell. \”However, I can say that this contract is valued at more than any deal I\’ve ever heard of.\”
The article notes that Gold sought a sponsor who would focus on charitable endeavors, as that is something with which Gold has become involved over the past few years.