Nike, Adidas and Under Armour pass on Lonzo Ball because LeVar wanted licensing

Buggsy Mogues

My spot is solidified if you ask me
Supporter
Joined
May 2, 2012
Messages
15,156
Reputation
3,634
Daps
79,307
Reppin
City of Angels :blessed:
It gives a black man power and control and the ability to make A LOT of money.

Power and control? :mjlol: He's asking these companies to FUND his wannabe apparel company. Who do you think has the power in that scenario? The person spending or receiving the money?
 

Rekkapryde

GT, LWO, 49ERS, BRAVES, HAWKS, N4O...yeah UMAD!
Supporter
Joined
May 1, 2012
Messages
142,649
Reputation
25,535
Daps
477,443
Reppin
TYRONE GA!
10:41 AM ET
  • i

    Darren RovellESPN Senior Writer
An endorsement deal with Nike, Under Armour or Adidas is not in the cards for Lonzo Ball.

Ball's father LaVar confirmed that the three shoe and apparel companies informed him that they were not interested in doing a deal with his son. Sources with the three companies told ESPN.com that they indeed were moving on.

Never in the history of modern day shoe endorsements have the big companies all stepped away from a potential top pick nearly two months before the NBA draft. But the proposition that LaVar, who has been representing Lonzo on the deal, was offering also has no precedence.

In his meetings with the three, LaVar insisted that the company license his upstart Big Baller Brand from him. He also showed the companies a shoe prototype that he hoped would be Lonzo's first shoe.

"We've said from the beginning, we aren't looking for an endorsement deal," LaVar told ESPN. "We're looking for co-branding, a true partner. But they're not ready for that because they're not used to that model. But hey, the taxi industry wasn't ready for Uber, either."

Last week, Nike consultant George Raveling, at SportsBusinessJournal's World Congress of Sports called LaVar "the worst thing to happen to basketball in the last hundred years."

The way LaVar sees it, Raveling's comment is indicative of what business people who have long been in business say when the way of doing things is changed.

"Just imagine how rich Tiger (Woods), Kobe (Bryant), Serena (Williams), (Michael) Jordan and LeBron (James) would have been if they dared to do their own thing," LaVar said. "No one owned their own brand before they turned pro. We do and I have three sons so it's that much more valuable."

Lonzo declared for the draft after one season at UCLA. LaVar's other sons have also committed to UCLA, including LiAngelo, who arrives on campus this year and LaMelo, who just finished his sophomore season in high school.

Ball would not disclose how big the Big Baller Brand has become -- the company sells hats and t-shirts ranging from $38 to $100 on its website -- but he said that current sales numbers shouldn't have been on the mind of the shoe companies.

"When Facebook bought Whatsapp for $19 billion, those guys weren't profitable," LaVar said.

Now that the traditional shoe companies are out, Ball said he will reach out to the Chinese brands, which include Peak, Li-Ning and Anta, and he's not counting out taking on an entrepreneurial partner outside the business.

"That includes Facebook," he said.

Ball said he did indeed have a shoe prototype for Lonzo's first shoe.

"We're not going to sign with a company and then wait around for five or six years for shoe like Paul George had to wait for with Nike," Ball said.

When asked how long he has been working on the design of Lonzo's shoe, Ball said it was "a long time."

Added Ball: "I've been working on that shoe ever since my boys were born."

I know you new here breh, but check to see if other threads have been posted man.
 

ikbm

Formerly ikillbabymamas
Joined
Apr 30, 2012
Messages
12,856
Reputation
6,730
Daps
79,480
Reppin
Spread Love - The Player Way
Why not take some money now and try to use the money earned to propel BBB with some of that :patrice:
there are probably provisions in signing a shoe deal that would stop you from creating your own apparel company...branching off without the OK
lonzo would get sued to hell by one of these companies if his father tried to pull that shyt
 

Tupac in a Business Suit

Middle aged....Middle paid
Supporter
Joined
May 14, 2012
Messages
3,673
Reputation
1,858
Daps
15,882
Reppin
Harlem via Brooklyn
Man, think Nike and the other brands don't know what BBB represents to them.

If I were LB, I would simply work twice as hard to get my kid a deal with a lesser known brand and use some of that contract money for R&D social media exposure.

If he builds it and the kid truly has talent, the sky is the limit.
 
Last edited:

krazykid18

Superstar
Joined
May 13, 2012
Messages
6,595
Reputation
-1,271
Daps
19,251
Reppin
NULL
If he sticks to his word and say his son balls out wins rookie of the year and kids copy his shooting form they will comeback especially Under Armour who needs to redo the creative design portion of there company
 
Top