hatcher said:
Lots of reports suggesting he hasn't signed yet. Something to do with image rights not being agreed upon yet.
It appears Sky want to own him lock stock & barrel which he is resisting by wanting to stay with his existing sponers of which there are only two.
"His career will be handled by senior Wasserman figure Simon Bayliff, who also represents Wilshere and formerly worked with David Beckham.
Cavendish is the only cyclist on Wasserman’s books, but they see huge commercial potential for the Manxman. He has just two sponsorship deals, with Nike and Oakley, both of which are up for renewal in the next 12 months.
His stable of sponsors will grow as he becomes one of the faces of the London Olympics.
Such is Cavendish’s commercial potential that it is understood to be a key sticking point in negotiations with Team Sky, for whom he is expected to ride next year.
Sky want to benefit from Cavendish’s commercial appeal by retaining his image rights, a move that Team Cavendish are resisting.
They are also negotiating the clash between Nike and Adidas, who partner Team Sky and who prefer the riders to be affiliated to them."
http://www.telegraph.co.uk/sport/ol...idate-for-Sports-Personality-of-the-Year.html