There are some great people locally who I would like to sponsor with a bike and I was wondering what others had done in the past. I've read the past that T. Kellogg provided riders a frame at the start of the season that they could then work off (with wins) or buy out at the end of the season.

Anyone else care to share their "sponsorship" arrangements. I'd be particularly interested in what didn't work so I don't make the same mistake.