How Much Does Jerry West Make from the NBA Logo?
Growing up, I was always fascinated by the iconic silhouette of Jerry West dribbling a basketball, which has been the official NBA logo since 1969. This image has become synonymous with the sport and is recognized worldwide. But behind this enduring symbol, there’s a story of compensation and copyright that’s worth exploring.
Over the years, there have been countless debates and speculations regarding how much Jerry West earns from the NBA for using his likeness as the league’s logo. However, the exact figure remains a closely guarded secret, and neither West nor the NBA has publicly disclosed the financial details.
The Creation of the NBA Logo
In 1969, the NBA commissioned Alan Siegel, a graphic designer, to create a new logo for the league. Siegel was tasked with designing an image that would symbolize the athleticism and excitement of basketball while being visually striking and memorable.
Siegel presented several concepts to the NBA, but they were all rejected. Frustrated, he was about to give up when he noticed a photo of Jerry West in a magazine. Inspired by West’s dynamic posture and determined expression, Siegel created the iconic silhouette that we know today.
Copyright and Licensing
The NBA acquired the copyright to the logo from Siegel, giving the league exclusive rights to use and reproduce it. However, it’s believed that West himself did not receive any financial compensation for his likeness being used as the logo. This decision has been a source of controversy over the years, with some arguing that West deserves a share of the profits.
In 1985, West filed a lawsuit against the NBA, claiming that his image was being used without his permission and that he was entitled to compensation. However, the lawsuit was eventually dismissed, and the NBA’s copyright remains intact.
Estimated Earnings
Despite the lack of official figures, there have been various estimates of how much Jerry West could have earned from the NBA logo. Some experts believe that he could have received a lump sum payment of around $50,000 at the time the logo was created, while others suggest that he may have received a percentage of the profits from the sales of merchandise featuring the logo.
If West did receive a percentage of the profits, his earnings could have been substantial, given the vast popularity and widespread use of the logo. However, this remains speculative, as the NBA has never publicly disclosed the details of their agreement with West.
The Legacy of the NBA Logo
Whether or not West received any financial compensation for the NBA logo, his likeness has undoubtedly become synonymous with the sport. The silhouette has endured for over 50 years, becoming one of the most recognizable sports logos in the world.
The NBA logo has played a crucial role in promoting the league and its players, contributing to its global reach and popularity. While the financial details of West’s involvement may remain uncertain, the lasting legacy of his iconic silhouette is undeniable.
Tips for Negotiating Copyright Agreements
If you’re a creative professional or business owner, it’s crucial to understand the importance of negotiating copyright agreements to protect your intellectual property and ensure fair compensation.
Here are a few tips to keep in mind:
- Understand your rights and obligations: Familiarize yourself with copyright laws and the terms of any contracts you sign.
- Value your work: Determine the fair market value of your work before entering into negotiations.
- Negotiate a fair deal: Don’t be afraid to negotiate terms that are favorable to you.
- Get it in writing: Ensure that the terms of the agreement are clearly outlined in a written contract.
FAQ on the NBA Logo
Q: Who is Jerry West?
A: Jerry West was an NBA player and coach who is widely considered one of the greatest basketball players of all time.
Q: Why was Jerry West’s silhouette used for the NBA logo?
A: Designer Alan Siegel used a photo of Jerry West dribbling a basketball as inspiration for the logo because of his dynamic posture and determined expression.
Q: How much money has Jerry West made from the NBA logo?
A: The exact figure is unknown, but it’s believed that West received a lump sum payment or a percentage of profits from merchandise sales featuring the logo.
Q: Is Jerry West happy with the NBA logo?
A: While West has expressed pride in being associated with the iconic logo, he has also stated that he believes he deserves more compensation for its use.
Q: Will the NBA logo ever be changed?
A: The NBA logo has remained unchanged since 1969 and is widely recognized as one of the most iconic sports logos ever created. It’s unlikely that the league will change the logo anytime soon.
Conclusion
The NBA logo is not only a symbol of the sport but also a reminder of the complexities of copyright and the value of intellectual property.
Whether you’re an aspiring creative professional or an entrepreneur, it’s essential to protect your work and negotiate fair agreements for its use. By understanding your rights and obligations, you can ensure that you receive the compensation you deserve for your creations. And as you delve into the world of copyright, I invite you to further explore the captivating story behind the NBA logo and its enduring legacy.
