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.
May 28, 2015, 10:47 AM EDT
Byers created the term “student-athlete” and first sold TV rights for NCAA broadcasts, but later wrote a book blasting the NCAA for exploiting athletes.
May 28, 2015, 9:52 AM EDT
This is a step in the right direction by the Big 12.
May 27, 2015, 11:27 PM EDT
It’s safe to say that Sherman is no fan of the NCAA.
May 27, 2015, 9:05 PM EDT
The shot clock won’t have as much of an impact on offenses as lessening the physicality of the game.
May 27, 2015, 7:31 PM EDT
The 6-foot-11 center was originally expected to attend prep school before joining Memphis in 2016.
May 27, 2015, 5:38 PM EDT
The 6-foot-6 southpaw showed off his arm, and was accurate in doing so.
May 27, 2015, 3:20 PM EDT
Matthews is the recruit everyone forgets about.
May 27, 2015, 1:32 PM EDT
That numbers is half what it was in 2015.
May 27, 2015, 12:45 PM EDT
Self and his wife created the Assists Foundation.
May 27, 2015, 11:09 AM EDT
Reed broke a cop’s finger while resisting a shoplifting arrest.
May 27, 2015, 10:28 AM EDT
Miles is 47-49 in three years with Nebraska.
May 27, 2015, 9:27 AM EDT
This swing is ugly.
May 26, 2015, 10:00 PM EDT
DeAndre Ayton finally got a chance to play this spring and delivered in a big way.
May 26, 2015, 8:30 PM EDT
Point guard CJ Walker is focused on seven schools during the recruiting process.
May 26, 2015, 7:30 PM EDT
Four-star guard Maverick Rowan has a choice to make for his basketball future in the immediate future.
May 26, 2015, 6:15 PM EDT
Minnesota closed out its 2015 recruiting efforts with its second incoming transfer of the offseason.
May 26, 2015, 4:45 PM EDT
The spring grassroots season is over and another spring EYBL season is complete.
May 26, 2015, 3:21 PM EDT
The schedule isn’t out yet, but each team now knows who they will play and where they will play them.
May 26, 2015, 2:01 PM EDT
RaShid Gaston averaged 15.5 points and 9.6 boards.
May 26, 2015, 1:40 PM EDT
Shaqquan Aaron could never crack Rick Pitino’s rotation.
- There’s only one way the NCAA gets UNC investigation wrong: a 2016 postseason ban 37
- Academic issues expected to sideline St. John’s point guard for fall semester, maybe longer 6
- North Carolina announces receipt of Notice of Allegations from NCAA 3
- LSU’s ’25 is coming’ campaign doesn’t try to hide that they’re monetizing Ben Simmons 2
- Looking Forward: Catching up on the American’s offseason 1
- Five-star center Caleb Swanigan has committed to Purdue 8
- Friday’s most important rule changes only matter if refs actually enforce them 2
- There’s only one way the NCAA gets UNC investigation wrong: a 2016 postseason ban (37)
- Four men’s teams banned from 2016 postseason due to APR scores (10)
- Sports book lists Maryland as early favorite to win national title (9)
- Academic issues expected to sideline St. John’s point guard for fall semester, maybe longer (6)
- John Calipari is selling his program when he says national title isn’t a goal (5)