Oct 17, 2013, 9:05 PM EDT
Well, it seems as if quite a few people have been had when it comes to the potential shoe endorsement money that Kansas freshman Andrew Wiggins could make when he makes the move to the NBA.
On Tuesday it was reported by Jared Zwerling of Bleacher Report that Wiggins was in line to receive a sneaker endorsement deal ranging from $140 – $180 million for ten years, a stunning number when considering the fact that Nike paid LeBron James a cool $90 million in 2003. But according to Sole Collector, which keeps covers all aspects of the shoe industry, that “offer” was a hoax.
It all apparently stems from this alleged memo from adidas Group CEO Herbert Hainer, addressed blankly to a Wiggins representative, which Sole Collector has exclusively obtained below and has also confirmed to be entirely fake.
“There is a fraudulent letter that claims to be from our company offering Mr. Wiggins a contract. Any reasonable review of the letter would determine its lack of credibility,” an adidas Basketball spokesperson told Sole Collector this morning. “Beyond this, we do not comment on rumors or speculation about potential partnerships.”
Sole Collector also has a copy of the letter in question, and author Nick DePaula also noted two important facts in the story: the letter lacked both a date and an address, and such an offer would jeopardize Wiggins’ college eligibility before he’s even played a game.
There are probably a few important lessons to be learned here, with the need to thoroughly investigate such “reports” being one, but all I can think is that this season could get absolutely crazy for Wiggins between now and whenever Kansas’ season comes to an end. That’s part of the balancing act that Wiggins and head coach Bill Self will have to deal with as they look to win yet another Big 12 title and reach the Final Four.
And given how reluctant he’s been to embrace the national spotlight, it seems more likely that Wiggins won’t be the one who triggers such a circus.
Sep 19, 2014, 11:50 PM EDT
Stephen Zimmerman is ranked the No. 10 overall recruit by Rivals.
Sep 19, 2014, 11:00 PM EDT
Kentucky fans camped out on Monday in order to officially camp out for tickets on Wednesday morning.
Sep 19, 2014, 9:45 PM EDT
The Rhode Island forward is eligible after missing the 2013-2014 season.
Sep 19, 2014, 9:00 PM EDT
The 6-foot-8 forward has two years of eligibility remaining.
Sep 19, 2014, 8:15 PM EDT
He was arrested on Feb. 14.
Sep 19, 2014, 7:00 PM EDT
The Yellow Jackets have added two new assistant to the coaching staff this offseason.
Sep 19, 2014, 5:25 PM EDT
The Orange holds the first of two exhibition games on Nov. 2.
Sep 19, 2014, 4:08 PM EDT
The Roselle Catholic (New Jersey) product picked the Gamecocks over Seton Hall and Rhode Island.
Sep 19, 2014, 2:46 PM EDT
Interestingly enough, UAB visits Chattanooga December 22.
Sep 19, 2014, 2:30 PM EDT
News and notes from around the world of college basketball recruiting.
Sep 19, 2014, 12:46 PM EDT
Thought the recent debate about USA Basketball and advantages gained by college coaches was getting tiresome?
Sep 19, 2014, 12:00 PM EDT
Fortune Magazine has the Krzyzewski and Staley ranked 20th (along with San Antonio Spurs head coach Gregg Popovich) on the list.
Sep 19, 2014, 10:55 AM EDT
The NCAA is hoping to have two lawsuits dismissed, with the plaintiffs in those suits arguing otherwise. And three U.S. senators voiced their displeasure with the lack of progress being made by the NCAA.
Sep 19, 2014, 9:44 AM EDT
Lorenzo Romar spoke positively of Robert Upshaw’s progress, and with the Huskies’ lack of interior depth the Fresno State transfer will be a key figure this season.
Sep 18, 2014, 10:15 PM EDT
Among the schools still in the running for this Top 100 prospect’s services is LSU.
Sep 18, 2014, 8:43 PM EDT
FGCU’s Sweet 16 run in 2013 paid off in a big way for the athletic department.
Sep 18, 2014, 7:04 PM EDT
Mizzou Arena’s just ten years old, but the school has found some areas that need renovating.
Sep 18, 2014, 5:52 PM EDT
Freeberg makes the move from the College of Charleston to The Citadel, with J.D. Powell headed in the opposite direction.
Sep 18, 2014, 4:50 PM EDT
Calipari tweeted that if the coaches gained an advantage from helping revitalize USA Basketball he “doesn’t begrudge them in the least.”
Sep 18, 2014, 3:00 PM EDT
An important member in a 2015 class lacking guards has set a decision date.
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- A key piece for Providence is cleared for full-contact practice 0
- Jim Boeheim calls Yahoo’s Coach K story ‘completely off-base’ 8
- Jalen Rose believes Chris Webber should apologize for what happened at Michigan 5
- Thoughts on Antonio Blakeney, shoe companies and decommitments 1
- Jim Boeheim calls Yahoo’s Coach K story ‘completely off-base’ (8)
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- Jalen Rose believes Chris Webber should apologize for what happened at Michigan (5)
- USA Basketball, Mike Krzyzewski and thoughts on today’s ‘takedown’ (4)
- Bo Ryan hits golf balls into Wisconsin’s Camp Randall Stadium (PHOTO) (4)