IMG signs 3 year
deal with Pak
SEOUL,
South Korea -- Se Ri Pak, the South Korean star who won two major championships
in the her first season on the LPGA Tour, will be represented by the International
Management Group.
Samsung, the South Korean electronics
giant, said today it signed a three-year deal with IMG to manage Pak's career.
Samsung said it will continue to act as Pak's corporate sponsor.
Pak, 21, signed a 10-year
exclusive managerial and sponsorship deal with Samsung in 1996 that pays her
about $1 million a year and unspecified performance bonuses.
"We hope the systematic
and scientific management through IMG will help Pak remain a top-notch player,"
Samsung spokesman Ahn Ho-moon said.
IMG will seek endorsement deals
with golf equipment makers and other companies and split 30 percent of the profits
with Samsung. Pak will receive the remaining 70 percent, Samsung officials said.
Pak, The Associated Press
Female Athlete of the Year, won the LPGA Championship in May, and became the
youngest winner of the U.S. Women's Open in early July. She won two other tour
events and finished second on the money list with $872,170.
TRW
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