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 18, 2014, 11:20 PM EDT
Northern Illinois extended the contract of head coach Mark Montgomery through the 2017-18 season.
Chicago duo Jahlil Okafor, Cliff Alexander earn MVP honors as East beats West in Jordan Brand Classic
Apr 18, 2014, 9:39 PM EDT
Chicago natives Jahlil Okafor and Cliff Alexander earned MVP honors as the East beat the West in the Jordan Brand Classic.
Apr 18, 2014, 8:40 PM EDT
Houston is allowing Danuel House and TaShawn Thomas to transfer, but only to certain programs.
Apr 18, 2014, 7:31 PM EDT
Indiana grabbed a commitment from a 2014 center on Friday night.
Apr 18, 2014, 6:59 PM EDT
Miami forward James Kelly is moving on.
Apr 18, 2014, 5:45 PM EDT
It was a busy day for the Butler Bulldogs on Friday as freshman guard Elijah Brown intends to transfer while former Indiana wing Austin Etherington will transfer to the Big East program.
Apr 18, 2014, 5:05 PM EDT
Ole Miss picked up a big graduate transfer on Friday when former Tennessee State forward M.J. Rhett signed with the Rebels.
Apr 18, 2014, 4:44 PM EDT
St. John’s received some big news this week as sophomore center Chris Obekpa decided to stay in New York.
Apr 18, 2014, 4:26 PM EDT
Kentucky freshman forward Marcus Lee will return to Lexington for his sophomore season.
Apr 18, 2014, 4:03 PM EDT
After leading Georgia State to 25 wins and a Sun Belt regular season title, Ron Hunter has been rewarded with a contract extension.
Apr 18, 2014, 3:46 PM EDT
With Steve Wojciechowski accepting the head coaching position at Marquette, Duke’s Mike Krzyzewski announced how he would account for that departure Friday.
Apr 18, 2014, 2:49 PM EDT
Tulsa has officially hired Frank Haith to be its new basketball coach.
Apr 18, 2014, 1:39 PM EDT
Arizona State announced Friday that guard Shaquielle McKissic has been granted an extra season of eligibility by the NCAA.
Apr 18, 2014, 1:03 PM EDT
Duke’s Rodney Hood made the news official Friday, announcing that he’ll be entering the 2014 NBA Draft.
Apr 18, 2014, 12:48 PM EDT
Family and friends of Lacey Holsworth gathered at the Breslin Center to celebrate her life on Thursday.
Apr 18, 2014, 11:30 AM EDT
Kansas will hold a groundbreaking ceremony for the DeBruce Center on May 2nd.
Apr 18, 2014, 10:23 AM EDT
With the rise in graduate transfers, the NCAA is looking to change the immediate eligibility process.
Former Nevada forward Cole Huff free to transfer to non-Mountain West schools in southern California
Apr 17, 2014, 9:40 PM EDT
The number of schools that former Nevada forward Cole Huff is prohibited from transferring to has been cut down to 38 following an appeals hearing Thursday.
Apr 17, 2014, 9:07 PM EDT
NCAA tournament participants Cincinnati, Creighton and North Carolina Central part of eight-team field in inaugural Emerald Coast Classic.
Apr 17, 2014, 8:16 PM EDT
The order of protection filed against former Missouri forward Zach Price by Earnest Ross was thrown out Thursday.
- NCAA council aims to change immediate eligibility waiver policy 0
- Reports: Missouri’s Frank Haith agrees to take the Tulsa job 11
- Kentucky’s James Young to enter the NBA Draft 0
- Jabari Parker is headed to the NBA 6
- It’s beyond time for college basketball to return to NBA’s early entry calendar 0
- Former Alabama player Devonta Pollard receiving interest from Kentucky 2
- 2014 NBA Draft: What early entry decisions are we still waiting for? 0
- #UMassUnited: Thousands show to support Derrick Gordon during Westboro Baptist Church protest (16)
- NCAA approves unlimited meals and snacks for Division I student-athletes (11)
- Reports: Missouri’s Frank Haith agrees to take the Tulsa job (11)
- Report: Cuonzo Martin to become the new head coach at California (10)
- Cuonzo Martin and Tennessee parting ways is good for everyone involved (9)