One way that celebrities can seriously improve their earnings is through a lucrative endorsement deal! Companies that use celebrities for endorsements also benefit because a celebrity face can significant improve the company’s brand and, essentially, their earnings. However, if you don’t choose the right celebrity for the endorsement, it can have negative a impact on the brand. We have a list of 13 celebrities who were dropped from huge endorsement deals! Enjoy!
13. Charlize Theron
Charlize Theron had an exclusive endorsement contract with Raymond Weil, a Swiss watchmaker, which ran from October 2005 to December 2006. In March of 2006, Theron was photographed wearing a Christian Dior watch, violating the terms of her contract with Raymond Weil. The company sued her for $20 million, but ended up settling with Theron for an undisclosed amount.Featureflash / Shutterstock.com