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The trend of startups exchanging endorsements for equity is nothing new, but with money tight in a recessionary economy and startups (especially in the beverage industry) looking for a way to hire recognizable faces to pitch their products, it may be on the verge of exploding. The SoNu deal gives each player a 1% stake in the company, according to the players' agent, Chris Leible, VP at Peter E. Greenberg & Associates, AdAge reported. The opportunity potentially could be a financial home run for Reyes and Santana as volume has increased 8% for the flavored and enhanced water sector while the entire beverage category declined 2% in 2008, according to Beverage Marketing Corp. Fellow Met teammate David Wright scored two years ago when noncarbonated drink maker Glaceau, which he reportedly had a 0.5% minority stake in, was acquired by Coca Cola Inc. for $4.2 billion in cash. The deal reportedly netted Wright nearly $20 million. - Gerald Magpily See Dealscape: Wright hits a home run with Glaceau sale
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