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.
Aug 20, 2014, 8:00 PM EDT
Curtis Malone is serving a 100-month sentence after pleading guilty to being a part of a drug ring that brought in $80,000 in profits per month.
Aug 20, 2014, 6:42 PM EDT
A report stated that a blood clot in Chai Baker’s leg may have resulted in his collapsing during a workout on Tuesday.
Aug 20, 2014, 5:38 PM EDT
Deville Smith averaged 9.7 points and 2.7 assists in 32 games last season, making 18 starts.
Aug 20, 2014, 4:45 PM EDT
Kennard is the No. 19 recruit in the Rivals top 150.
Aug 20, 2014, 4:00 PM EDT
Bryn Forbes averaged 15.6 points per game last season, shooting 43.4% from the field and 42.4% from three-point range.
Aug 20, 2014, 3:09 PM EDT
How can Nebraska build on their surprising, successful 2013-2014 season?
Aug 20, 2014, 2:01 PM EDT
Kentucky made the decision not to allow one of their stars to head to Spain for two weeks while they’re supposed to be in class.
Aug 20, 2014, 1:15 PM EDT
Think Jayhawk fans remember the name Ali Farokhmanesh?
Aug 20, 2014, 12:18 PM EDT
This took a while to plan.
Aug 20, 2014, 12:07 PM EDT
The Tigers have zero minutes of experience in their back court.
Aug 20, 2014, 11:19 AM EDT
Indiana now has six commitments in the Class of 2014.
Aug 20, 2014, 10:24 AM EDT
Kampe over came his fear of heights but still got hit with ice water.
Aug 19, 2014, 11:00 PM EDT
Memphis was 2-2 in Canada.
Aug 19, 2014, 9:55 PM EDT
Ray Kasongo was denied admission from Oregon on July 30, reopening his recruitment.
Aug 19, 2014, 8:10 PM EDT
This new court design is interesting to say the least.
Aug 19, 2014, 7:59 PM EDT
Take a look at what tournaments the Shockers will appear in over the next few years.
Aug 19, 2014, 6:07 PM EDT
Jimmy Whitt is ranked just outside the top 50 in the Class of 2015.
Aug 19, 2014, 4:40 PM EDT
Stephen Zimmerman averaged 17.5 points, 11.5 boards and 2.2 blocks per game in four games at the Nike Global Challenge.
Aug 19, 2014, 3:54 PM EDT
Nicholls State may have a large, orange-clad fan base these days.
Aug 19, 2014, 3:04 PM EDT
It’s how they played through their six games in the Bahamas.
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