‘Let’s Go Brandon’ NASCAR Driver Brandon Brown Signs ‘8-Figure’ Deal With LGBcoin Despite Logo Ban
Brandon Brown, the NASCAR star who inadvertently inspired the "Let's Go Brandon" chant, has signed an 8-figure deal with LGBcoin.
Last week, we reported that NASCAR had banned Brandon Brown from advertising LGBcoin, the cryptocurrency stemming from the anti-Joe Biden “Let’s Go Brandon” chant, on his race car. Now, it’s been revealed that despite this ban, Brown has signed a two-year deal with LGBcoin that is worth eight figures.
Brown Signs Major Eight Figure Deal
LGBcoin said in a statement that the deal “will include personal participation in publicity events, videos, crypto conferences, racing-related events and more, though won’t include car decals.”
The statement went on to say that Brown is now a “holder” in the company, and his spokesperson told FOX Business that he is being paid in “both cash and coin.”
— Let's Go Brandon Coin ($LGB) (@LGBcoin_io) January 8, 2022
“I’m working to achieve my own American dream,” Brown said, according to Daily Mail. “I’m humbled and thankful for LGBcoin.io’s reaffirmed support for my professional journey and their commitment to maintain a patriotic message.”
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While NASCAR had originally given Brown permission to use LGBcoin as a sponsor on his car, they backtracked hours after he unveiled the new paintjob, alleging that the sponsorship was not cleared by senior bosses.
NASCAR reportedly called Brown and apologized for any confusion and miscommunication,” adding that the deal “needs to be reviewed at a higher level.”
LGBcoin fired back by saying that they would still sponsor Brown even if their name never appeared on his car, saying that he “symbolizes everything great in this country.”
Brown Was Struggling To Get Sponsors
This came weeks after Brown complained to The New York Times that he had not been able to secure a sponsor because of the anti-Biden chants, saying that he has “zero desire to be involved in politics.”
“This whole Talladega race win was supposed to be a celebration, and then it was supposed to be something that I was able to use to move up, and I really wanted to capitalize on that,” Brown said. “But with this meme going viral, it was more of, I had to stay more silent, because everybody wanted it to go on to the political side. I’m about the racing side.”
It seems to have been after this interview that LGBcoin stepped up to offer to sponsor Brown.
‘We Are Proud To Support Brandon’
“We are proud to support Brandon this season, to help him continue his American dream,” said James Koutoulas, LGBcoin holder and founder of Typhoon Capital Management. “If we do our job right, when you think of us, and you hear, ‘Let’s Go Brandon,’ you’ll think and feel, ‘Let’s Go America.'”
It will certainly be interesting to see how this sponsorship develops moving forward.