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.
Jul 27, 2015, 9:28 PM EDT
First career 3-pointer for Jones?
Jul 27, 2015, 8:12 PM EDT
Potentially four top-25 teams will be in the 2015 field.
Jul 27, 2015, 5:51 PM EDT
Scott averaged 15.7 points per game for Grambling during the 2013-14 season.
Jul 27, 2015, 5:18 PM EDT
The former Big Ten Player of the Year (inaccurately) trolls Ohio State fans
Jul 27, 2015, 3:45 PM EDT
It’s pretty obvious why people like Porter.
Jul 27, 2015, 2:17 PM EDT
Gabriel was the biggest stock riser for the month.
Jul 27, 2015, 1:51 PM EDT
Denzel Valentine and Taurean Waller-Prince also played well in stretches.
Jul 27, 2015, 12:26 PM EDT
Stefan Moody was the leading scorer last season for Ole Miss.
Jul 27, 2015, 10:50 AM EDT
Dick Tarrant also led Richmond to the 1988 Sweet 16.
Jul 27, 2015, 9:39 AM EDT
The hype surrounding Murray as a prospect has never been higher.
Jul 26, 2015, 7:50 PM EDT
Rashard Kelly averaged just 2.9 points per game last season. With Darius Carter and Tekele Cotton gone, he’ll need to do more in 2015-16.
Jul 26, 2015, 6:35 PM EDT
Villanova had been Jalen’s favorite for a long time according to his father Rick.
Jul 26, 2015, 2:10 PM EDT
Nichols picked Memphis over Virginia the first time around, and once the Tigers dropped their transfer restrictions many expected him to land in Charlottesville.
Jul 26, 2015, 11:30 AM EDT
Norvell hit a staggering 14 three-pointers…in one game.
Four-star Class of 2016 guard Zach Norvell scores 53 points, drops 14 3-pointers in Las Vegas (VIDEO)
Jul 26, 2015, 10:22 AM EDT
Chicago native Zach Norvell had one of the best games of the July live evaluation period on Saturday night by scoring 53 points and knocking down 14 3-pointers.
Jul 26, 2015, 9:00 AM EDT
The lesson here is don’t smack talk Devonte’ Graham if he’s your camp counselor.
Jul 25, 2015, 5:46 PM EDT
Ron Baker and Taurean Waller-Prince played well for the Americans.
Jul 25, 2015, 1:30 PM EDT
UMass commit Unique McLean threw down a ridiculous dunk contest slam in front of a sea of people.
Jul 25, 2015, 12:00 PM EDT
The Team Final rising senior tweeted out his list Friday morning.
Jul 25, 2015, 10:30 AM EDT
A pair of Class of 2016 lead guards put together great games on Friday night while a two-sport athlete and the younger brother of an SEC guard also stood out.
- Former Memphis forward Austin Nichols transferring to Virginia 3
- Thursday Las Vegas Recap: Dennis Smith and Frank Jackson battle; Lonzo Ball quiets critics; Wendell Carter talks visit 0
- Wednesday Las Vegas Recap: Dennis Smith vs Lonzo Ball; Frank Jackson faces Kobi Simmons 0
- Kentucky-commit Jamal Murray scores 20 to headline Wednesday’s Pan-Am Games 0
- July Live Period Preview: Four story lines to follow from Las Vegas 0
- July Live Period Preview: The events to keep an eye on in Vegas this week 0
- Contender for No. 1 in 2016 class, Harry Giles, cuts list to five 10
- Drake committed an NCAA violation while at Kentucky’s Big Blue Madness (11)
- Maryland fans still hate Mike Krzyzewski (8)
- List for potential nicknames for North Dakota down to five (8)
- Nik Stauskas trolls Ohio State fans, claims Thad Matta didn’t know who he was (PHOTO) (5)
- Are college teams going to be available on NBA 2K? (3)