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.
Oct 24, 2014, 12:06 AM EDT
Syracuse’s men’s basketball and football programs are under investigation, with the stakes being higher for Jim Boeheim’s program.
Oct 23, 2014, 11:20 PM EDT
Joshua Smith averaged 11.5 points per game before being ruled academically ineligible last season.
Oct 23, 2014, 10:49 PM EDT
Cam Payne became the star of Murray State as a freshman, but he wouldn’t have gotten there if he had a back up. Why?
Oct 23, 2014, 9:53 PM EDT
The preseason favorites to win the Atlantic 10 added a new teammate Thursday.
Oct 23, 2014, 8:03 PM EDT
Shawn Lester averaged 11.9 points and 4.2 rebounds per game in the sixth man role last season.
Oct 23, 2014, 6:55 PM EDT
Hallice Cooke will have one hip operated on Monday, with the second surgery coming four weeks later.
Oct 23, 2014, 5:41 PM EDT
Christian James joins Rashard Odomes and Akolda Manyang in Oklahoma’s 2015 haul.
Oct 23, 2014, 4:34 PM EDT
The OVC looks like a three-team race this season.
Oct 23, 2014, 1:57 PM EDT
Nice work editing in the music.
Oct 23, 2014, 1:38 PM EDT
Who are the top 20 perimeters in the country this season?
Oct 23, 2014, 12:04 PM EDT
This scandal will be a stain on North Carolina’s sports and academic programs for a long time.
Oct 23, 2014, 11:07 AM EDT
This is about as embarrassing as being POSTERIZED can get.
Oct 23, 2014, 9:59 AM EDT
The Shockers went to the Final Four in 2013 and undefeated in 2014. What is next for them?
Oct 22, 2014, 10:46 PM EDT
Cody Larson was South Dakotas Next Big Thing. He returned in infamy, but that has not stopped him from succeeding.
Oct 22, 2014, 10:14 PM EDT
Wisconsin held its third annual “Shooting Down Cancer” event Wednesday, with their goal being to #MakeBoPay.
Oct 22, 2014, 9:13 PM EDT
Austin Nichols is the reigning American Athletic Conference ROY, and sophomore Avery Woodson is expected to compete for minutes in a crowded by inexperienced backcourt.
Oct 22, 2014, 7:03 PM EDT
Cezar Guerrero knocked down five straight from half-court during the team’s Red and White Hoops Night event Tuesday.
Oct 22, 2014, 6:43 PM EDT
Oregon didn’t have much depth to begin with due to various personnel issues, so Michael Chandler’s lingering knee problem is a major concern.
Oct 22, 2014, 5:00 PM EDT
People don’t come more intense than Bruce Pearl.
Oct 22, 2014, 4:25 PM EDT
Given SMU’s depth on the perimeter, LaGerald Vick’s decision to move back in classes will help both parties in the future.
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