It makes overall sense why RPM wants to keep Wallace. The team landed a partial-season Cash App sponsorship this summer season and Wallace has drawn in the sponsorship of Worldwide Technologies. The cash that Wallace gives the group through his mainstream appeal is vital for the teams performance and balance sheets.
However it also makes total sense why Wallace would wish to explore his choices. Flights are potentially offered at teams like Stewart-Haas Racing, Hendrick Motorsports and perhaps even Chip Ganassi Racing. Theyre all upgrades compared to RPMs equipment.
And while Murstein might think that exposing that Wallaces offer of an ownership stake is a carrot to get him to re-sign with the group, it might not really be that attractive of an incentive. Richard Petty Motorsports hasnt been the most economically feasible of teams over the last years. And the sponsorship that Wallace has been able to attract has kept the group afloat and semi-competitive.
Is it worth it for Wallace to tie himself to RPM in the kind of an ownership stake? Maybe not, especially because owning a NASCAR group isnt like owning a group in another professional sport. While franchises throughout the NBA, NFL, MLB and other leagues rake in cash in non-pandemic years, its difficult to generate income in NASCARs present form without a pandemic ravaging the nation.
Thats why Wallace needs to take his time exploring every alternative available to him for next season. While hes progressed at RPM and clearly has actually discovered a comfort level with the team, there could be some bigger opportunities out there for him.
————–. Nick Bromberg is an author for Yahoo Sports. More from Yahoo Sports:
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If Bubba Wallace remains at Richard Petty Motorsports he might be a part owner of the group.
Group bulk owner Andrew Murstein informed Forbes that the group had actually used an ownership stake in the No. 43 vehicle to Wallace as a method to attempt to keep him at the group in 2021 and beyond. Wallace, who is set to be a totally free agent at the end of the season, confirmed the deal to NBC Sports on Sunday according to pit press reporter Marty Snider.
Wallace is the only Black chauffeur racing full-time in NASCAR. He has actually become a mainstream name in 2020 thanks to his social justice advocacy, NASCARs restriction of the Confederate flag and the discovery of a noose knot connected in his garage stall door rope at Talladega. That discovery– which resulted in a NASCAR-wide program of support for Wallace– resulted in no criminal hate criminal offense charges after federal detectives and NASCAR identified that the rope had been connected like a noose considering that October of 2019.
Hes also shown himself to be capable behind the wheel with three top-10 finishes through 20 races for a RPM team thats nowhere near the top of the NASCAR team power rankings. Wallace is presently 20th in the standings and his average finish of 20.0 is almost a four-spot improvement from 2020.
The team landed a partial-season Cash App sponsorship this summer and Wallace has actually brought in the monetary support of Worldwide Technologies. The cash that Wallace brings to the team through his traditional appeal is vital for the groups efficiency and balance sheets.
And while Murstein may think that exposing that Wallaces deal of an ownership stake is a carrot to get him to re-sign with the team, it might not actually be that appealing of a reward. Maybe not, particularly due to the fact that owning a NASCAR group isnt like owning a group in another professional sport.
