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.
Apr 28, 2015, 1:07 PM EDT
Jarreau started 21 games as a junior.
Apr 28, 2015, 12:04 PM EDT
Brandon Ingram’s decision to bypass UNC and go to Duke should worry the folks in Chapel Hill.
Apr 28, 2015, 9:45 AM EDT
Yeah, exactly what it says in the headline.
Apr 28, 2015, 9:17 AM EDT
Rector was a three-star recruit coming out of high school.
Apr 27, 2015, 11:00 PM EDT
Rutgers added a potential starter for next season on Monday.
Apr 27, 2015, 9:45 PM EDT
N.C. State landed a surprise commitment from an athletic 2015 forward on Monday night.
Apr 27, 2015, 8:30 PM EDT
The NCAA is considering moving the shot clock to 30 seconds in men’s basketball.
Apr 27, 2015, 7:15 PM EDT
Florida guard Eli Carter will transfer.
Apr 27, 2015, 6:08 PM EDT
Duke picked up its second major commitment in recent weeks with the addition of five-star wing Brandon Ingram.
Apr 27, 2015, 5:45 PM EDT
Here’s seven takeaways from a busy weekend at the three shoe company events.
Apr 27, 2015, 5:22 PM EDT
Brandon Ingram is a top five recruit in the class.
Apr 27, 2015, 3:37 PM EDT
Tatum might be the best player in the Class of 2016.
Apr 27, 2015, 1:50 PM EDT
It will feature a preseason top five team.
Apr 27, 2015, 12:48 PM EDT
Who were the biggest losers of the early entry deadline?
Apr 27, 2015, 12:00 PM EDT
Which potential draft picks returning to school will be the most influential in 2015-16?
Apr 27, 2015, 10:17 AM EDT
Hatch is one of the most inspirational people you will ever hear about
Apr 27, 2015, 9:00 AM EDT
The return of Buddy Hield pushes previously unranked Oklahoma into our way too early rankings.
Apr 27, 2015, 8:00 AM EDT
Who’s going pro? Who’s returning to school? Who are we still waiting to hear from?
Apr 26, 2015, 8:45 PM EDT
Collins averaged 7.1 points and 5.2 assists per game last season, and his arrival could lead to Alex Caruso getting more scoring opportunities off the ball.
Apr 26, 2015, 7:35 PM EDT
Robinson has quite the rebuilding job on his hands, but guard LeAntwan Luckett (16.3 ppg) is one of the team’s top four scorers who have eligibility remaining.
- How concerned should North Carolina fans be that Brandon Ingram passed on the Tar Heels? 2
- Duke lands five-star Class of 2015 wing Brandon Ingram 3
- College basketball’s seven biggest early entry losers for the 2015-2016 season 1
- College basketball’s six biggest early entry winners for the 2015-2016 season 5
- Austin Hatch’s inspirational basketball career has come to a close 3
- UPDATED: 2015-2016 College Basketball Way-Too-Early Preseason Rankings 2
- 2015 College Basketball Updated Early Entry List 14
- Duke lands commitment from elite PG Derryck Thornton, who will reclass (18)
- 2015 College Basketball Updated Early Entry List (14)
- UPDATED: 2015-2016 College Basketball Way-Too Early Preseason Top 25 (9)
- Louisville adds key grad transfer Damion Lee (8)
- College basketball’s six biggest early entry winners for the 2015-2016 season (5)