Bollywood Nawab Saif Ali Khan, who endorses some of the most leading brands, has recently cut down his endorsement fees. As per reports, Saif has reduced his fees scale for an upcoming Deo ad.
According to reports, Saif who usually charges Rs 4.5 crore per endorsement has apparently cut down his fee to Rs 1.5 crore for a deo brand.
According to sources close to Saif, “As the brand is relatively new in India they were looking out for a known face as it is important for them to create a buzz. So they approached some Bollywood actors and Saif was one of them. After a couple meetings with him, they have now decided to take him on board. He too has given them a nod.”
The reason behind Saif’s cutting down his fees was because the brand, which is new in India, asked to slash down his fee and he also agreed over their conditions.
However, many also say that Saif also did this because his hefty fees was keeping clients away from him.
Interestingly, few days back her Begum Kareena Kapoor Khan also revised her fees.
Well, it seems that both Nawab and Begum are following the same path, but this piece of news also raises a question that are they lacking projects in comparison to others and it is the reason behind slashing their fees.