Ben Simmons Signs Poverty Level Shoe Deal

[FireDavidKahn]

"Best prospect since LeBron":oldlol:

http://sports.yahoo.com/news/kicks-fix--inside-ben-simmons--decision-to-sign-with-nike-003128874.html

$12 million, five-year deal

[JtotheIzzo]

getting a floppy vibe from him

[theaussieguy]

lmao, 12 million dollars?? HAHAHAH that is POVERTY money.....the Westbrook of shoe deals.

[bigkingsfan]

Could just let it play out for year, guess he doesn't believe himself.

[LAZERUSS]

He's well on his way to the same fate that befell Sprewell.

Couldn't feed his family on 14 mil a year.

[Pushxx]

Lettuce be cereal...that's a pretty pathetic shoe deal for someone in his position. Nobody is saying $14 million isn't enough money, bitches.

[LAZERUSS]

https://www.youtube.com/watch?v=Apa0nG1OfUc

[bdreason]

I think Wiggins got something similar. I'm sure it has some incentives built in.

[livingby3's]

79 millions of rmb

[AI09]

Damn that is a low ball deal either nike doesn't belive in the kid or they just feel extremely confident with the current guys. Nike has shelled out a lot of money over the years to big names Im suprised simmons looks like a very marketable guy in the u.s and internationally.

[elementally morale]

If someone offered me USD 12 million for a shoe deal, I'd have one question only: Where do I sign?

[Collie]

http://www.cbssports.com/nba/news/potential-no-1-pick-ben-simmons-signs-sneaker-deal-with-nike/


And it seems like waiting has paid off for Simmons as The Vertical's Shams Charania reports that the Australian forward has signed "one of the largest rookie deals for Nike."

So what is it?

[fourkicks44]

As a rookie Kevin Durant got a seven-year, $60 million deal. LeBron got a seven-year, $90 million deal. That is considerably more than Simmons' deal.


"Nike's initial offer began much lower at $7.5 million over five years. After the NBA's draft lottery locked in the Philadelphia 76ers and the Los Angeles Lakers at the first and second picks, respectively, Nike increased its offer to $12 million over five years, with incentives valued much lower than adidas."

Interesting.

[Collie]

I think it's more of the style of Simmons' game. He's not a high flyer like Lebron or a scoring machine like Durant, so Nike can't really gamble a large amount on him. Hell, even Kawhi doesn't have a signature shoe yet.

Wonder what made him sign with Nike though, if Adidas offered him more.

[Lebron23]

Nike can smell the Bust from this guy. Jaylen Brown is the best prospect in this draft class.

[SpaceJam]

lmao, 12 million dollars?? HAHAHAH that is POVERTY money.....the Westbrook of shoe deals.

:roll: :roll: :roll:

[kurple]

"Best prospect since LeBron":oldlol:

http://sports.yahoo.com/news/kicks-fix--inside-ben-simmons--decision-to-sign-with-nike-003128874.html
I dont think anyone has ever called Simmons the best prospect since lebron..

It's more comparing the players as both play point forwards

[Bosnian Sajo]

I dont think anyone has ever called Simmons the best prospect since lebron..




lol? Yea they have, where have you been?

[FreezingTsmoove]

Its because if mother****ers like you who helped ruin his stock amongst casuals and the ****ing media portraying him as a villian DESPITE him not saying a negative thing EVER in his life. For some reason the media turned him into a villian for not being able to lead his shitty, injured, team to a tournament appearance DESPITE AVERGING 20/12/5 :eek: AND BECAUSE HE DIDNT GO TO HIS SHIT BULLSHIT CLASSES

[GINOBILI!]

This isn't $12M per year? Just $12M total over 5 years?

[Mawly-G]

Wonder what made him sign with Nike though, if Adidas offered him more.
Rich Paul and the LeBron camp.

[r15mohd]

I think it's more of the style of Simmons' game. He's not a high flyer like Lebron or a scoring machine like Durant, so Nike can't really gamble a large amount on him. Hell, even Kawhi doesn't have a signature shoe yet.

Wonder what made him sign with Nike though, if Adidas offered him more.


Isn't Kawhi with the Jumpman brand?

[Mawly-G]

Isn't Kawhi with the Jumpman brand?
Yes, but he doesn't have a signature shoe with Jumpman like Melo or CP3.

Hell, Blake Griffin and LMA don't either.

[FireDavidKahn]

http://www.cbssports.com/nba/news/potential-no-1-pick-ben-simmons-signs-sneaker-deal-with-nike/



So what is it?
For someone hyped as the next LeBron, 12 million is horrendous, and for 5 years?:facepalm

[FireDavidKahn]

This isn't $12M per year? Just $12M total over 5 years?
Yes.

[TemporaMutantur]

Kid needs a better agent/attorney.

Should have signed something shorter term, just to keep his options open.

[Cap'n Obvious]

$12M would not put Simmons at the poverty level.

[FireDavidKahn]

$12M would not put Simmons at the poverty level.
Yet again, missing the point.

[HylianNightmare]

Adidas would've been better,I hipe UA can grab another marquee guy. Always wishing and1 Reebok or another lower tier brand can land a name

[Cap'n Obvious]

Yet again, missing the point.
My point was that he won't be at the poverty level.

[hateraid]

Nike can smell the Bust from this guy. Jaylen Brown is the best prospect in this draft class.

That doesn't make sense. Why pay a dime on someone who they believe will fail?

[hateraid]

12 mil, now he can afford to buy 6 pairs of Yeezy's

[Nastradamus]

Jesus people, this is what rookies get to start out

Simmons is a beast. Don't be the idiot who doubted him. Get on the bandwagon now. He'll get his shot to at least average if not better. He has a good stroke and a good work ethic. The rest of his game is filthy. Size,athleticism, handles, passing, rebounding, gets to the line at will, defends. He's an alpha version of Lamar

[miggyme1]

That doesn't make sense. Why pay a dime on someone who they believe will fail?


its called business 101. You predict bust but you also make an investment in case he does become special. You have him locked under a contract that is basically a steal....then you offer him the mega one.


Nike is genius. Notice how most people don't leave nike once they are on.....Smart business people there

[hateraid]

its called business 101. You predict bust but you also make an investment in case he does become special. You have him locked under a contract that is basically a steal....then you offer him the mega one.


Nike is genius. Notice how most people don't leave nike once they are on.....Smart business people there

If that was the case then the offer should be 3 years or less. True that is a bargain, and Nike exploited his desire to sign with them, but he said they knew "bust". No amount of money will make you invest in something you knew was going to fail. Businesses are not charities. That is business 101. This is a low risk high reward situation.

[miggyme1]

If that was the case then the offer should be 3 years or less. True that is a bargain, and Nike exploited his desire to sign with them, but he said they knew "bust". No amount of money will make you invest in something you knew was going to fail. Businesses are not charities. That is business 101. This is a low risk high reward situation.


A charity is when you give and EXPECT NOTHING IN RETURN.


And is not a question of "knowing" it will fail its a feeling it will fail. Nobody knows this kid is gonna fail unless they are God or some higher entity.

This is a smart business move....if he fails and falls flat on his face.....he will be out of the league by the time the nike deal is up.....right??? Thats smart

If he blossoms and becomes one of the best players on the planet.....itll be right around the time his contract is up and then its time for the mega one.

[hateraid]

A charity is when you give and EXPECT NOTHING IN RETURN.


And is not a question of "knowing" it will fail its a feeling it will fail. Nobody knows this kid is gonna fail unless they are God or some higher entity.

This is a smart business move....if he fails and falls flat on his face.....he will be out of the league by the time the nike deal is up.....right??? Thats smart

If he blossoms and becomes one of the best players on the planet.....itll be right around the time his contract is up and then its time for the mega one.

You're actually arguing the same point I'm making.
If you predict a bust, you don't throw money into it no matter how "little" your investment is.

You're arguing "not knowing". That is different from "bust" expectations. "Not knowing" still is a calculated risk, they came in at a bargain price, so low risk, high reward.

Predicting a "bust" suggest there is NO return in investment.

Bro, I'm actually a business manager for one of the largest sports nutrtion companies in the world. I actively seek athletes to sponsor. In no business world do you throw money on a bust and be pleasantly surprised of the outcome if it pans out. You invest in the potential and decide how much you want to spend on that investment. A bust is a bust period.

Lol, watch Shark Tank. Never in the history of watching that show have I ever heard a shark say, "Well, I predict you will fail, but I'll give you money anyways."

[SexSymbol]

I could live a luxurious life without ever having to work again if I had 12 million dollars

[miggyme1]

You're actually arguing the same point I'm making.
If you predict a bust, you don't throw money into it no matter how "little" your investment is.

You're arguing "not knowing". That is different from "bust" expectations. "Not knowing" still is a calculated risk, they came in at a bargain price, so low risk, high reward.

Predicting a "bust" suggest there is NO return in investment.

Bro, I'm actually a business manager for one of the largest sports nutrtion companies in the world. I actively seek athletes to sponsor. In no business world do you throw money on a bust and be pleasantly surprised of the outcome if it pans out. You invest in the potential and decide how much you want to spend on that investment. A bust is a bust period.

Lol, watch Shark Tank. Never in the history of watching that show have I ever heard a shark say, "Well, I predict you will fail, but I'll give you money anyways."


so we are comparing shark tank to nba players now?

we are comparing people looking to expand their business who most of the time have sh*tty products to nba players?? Yes bro I watch shark tank....and that comparison is pure garbage. Its harder to predict what someone will become than it is a business. If someone came to you right now and said hey man im starting my own tshirt company and im looking for this much money will you help?? HELL its millions of tshirt companies out here...what sets yours apart from the rest?? well ummmmm lets see uhhh well all my shirts are made from blah blah blah and blah blah. With a nba player its different variables that come into play. In other words its easier to see bullsh*t in other business ventures than it is when it comes to a persons talent. Mark Cuban completely ruined the mavs title window after they won it in 2011 because he thought the team needed to get younger....I consider him a smart business man....but where has it gotten the mavs the last few seasons??? He made a RISK and it didn't turn out in his favor.

Again YOU are assuming he is a bust....you have to risk in order to make money....that's business 101 but you claim you are in business
You don't think it was a risk when nike threw mj money 30 years ago???? cmon bro don't be na

[hateraid]

so we are comparing shark tank to nba players now?

we are comparing people looking to expand their business who most of the time have sh*tty products to nba players?? Yes bro I watch shark tank....and that comparison is pure garbage. Its harder to predict what someone will become than it is a business. If someone came to you right now and said hey man im starting my own tshirt company and im looking for this much money will you help?? HELL its millions of tshirt companies out here...what sets yours apart from the rest?? well ummmmm lets see uhhh well all my shirts are made from blah blah blah and blah blah. With a nba player its different variables that come into play. In other words its easier to see bullsh*t in other business ventures than it is when it comes to a persons talent. Mark Cuban completely ruined the mavs title window after they won it in 2011 because he thought the team needed to get younger....I consider him a smart business man....but where has it gotten the mavs the last few seasons??? He made a RISK and it didn't turn out in his favor.

It is all relevant and relatable. It's about MONEY and INVESTMENT. Period.

[QUOTE]Again YOU are assuming he is a bust....you have to risk in order to make money....that's business 101 but you claim you are in business
You don't think it was a risk when nike threw mj money 30 years ago???? cmon bro don't be na

[hateraid]

Sorry, had to cut in 2 because text was too long


I get what you are saying but what if you lose a potential star by not throwing money and watch him become the next kobe at while signed to reebok or what if you embarrass your brand by throwing him 200 million and he becomes a bigger bust than Kwame brown??

that's smart business?? taking the highest risk possible and hope for the best??? If that's the case every draft pick should get a shoe deal. Hell we have seen l2nd round picks become all stars. Lets take the last pick in the draft and give him 100 million a year. cmon


This is the exact OPPOSITE of what I'm saying. The higher the risk, the less money you want to invest.
When I said low risk I meant look at what you are getting. A number one draft pick who is already establishing himself. You got it at a bargain because that particular situation got exploited. If he fails then it was a low calculated risk. Other companies threw him more. So this was the lowest risk, highest reward situation in business possible.

What YOU are saying is expect him to bust so throw a little money into it and if it succeeds you are laughing.

What you don't understand is your ideals are the same as mine, but your fundamentals are backwards. You don't expect failure, like what you are present. You see the POTENTIAL and base your investment on that. A BUST means NO POTENTIAL. So maybe you should change your phrasing. I have 6 years experience with my business. It's making more money year after year. Sorry to say but I have already proven that concept.

[Meticode]

Damn, I wonder what Adidas offered him since he didn't want to sign with them.

[hateraid]

Bottom line: In business there is a huge difference between POTENTIAL and BUST. I'm defending what POTENTIAL means

[miggyme1]

Bottom line: In business there is a huge difference between POTENTIAL and BUST. I'm defending what POTENTIAL means


oh okay I get what you are saying

[StephHamann]

Kid better take the 12 Mio.

His career will turn to shit in Philadelphia.

[hateraid]

oh okay I get what you are saying

Funny thing is we are both arguing the same point :cheers:

That's the effect of ISH :lol

[clipps]

I'll gladly sign the poverty level shoe deal.

[G-train]

Why don't you pricks just let the guy play one game first before hating him.

[fourkicks44]

In 2002 Kobe Bryant paid $8 million to buy out the remainder of his contract will Adidas. The one stipulation was for a year (till June 2003), Bryant was not permitted to sign another sneaker deal with a competitor. Eventually he penned a 4 year $40 million deal with Nike.

For that whole year as an endorsement free agent, Kobe wore whatever kicks he wanted to. The following link contains pictures of some of the shoes he wore:


http://solecollector.com/news/2015/12/kobe-bryant-sneaker-free-agency

My personal fav was when he rock Allen Iverson's kicks, the Reebok Question and Answer 4s.

http://images.solecollector.com/complex/image/upload/ceslytsltczg1thkcvvt.jpg

http://images.solecollector.com/complex/image/upload/xkekcia6cn2t10ejyc8s.jpg

http://kicksdeals.com/wp-content/uploads/2013/10/iverson.jpg

http://images.solecollector.com/complex/image/upload/aomr4hyzc2z1l1evh3am.jpg

Philly running shit (Ben Simmons where you at?)

[feyki]

I could live a luxurious life without ever having to work again if I had 12 million dollars

Playing in the NBA >>>>>>>> Riching

[Hey Yo]

In 2002 Kobe Bryant paid $8 million to buy out the remainder of his contract will Adidas. The one stipulation was for a year (till June 2003), Bryant was not permitted to sign another sneaker deal with a competitor. Eventually he penned a 4 year $40 million deal with Nike.

For that whole year as an endorsement free agent, Kobe wore whatever kicks he wanted to. The following link contains pictures of some of the shoes he wore:


http://solecollector.com/news/2015/12/kobe-bryant-sneaker-free-agency

My personal fav was when he rock Allen Iverson's kicks, the Reebok Question and Answer 4s.

http://images.solecollector.com/complex/image/upload/ceslytsltczg1thkcvvt.jpg

http://images.solecollector.com/complex/image/upload/xkekcia6cn2t10ejyc8s.jpg

http://kicksdeals.com/wp-content/uploads/2013/10/iverson.jpg

http://images.solecollector.com/complex/image/upload/aomr4hyzc2z1l1evh3am.jpg

Philly running shit (Ben Simmons where you at?)
But Kobe got arrested and charged with rape.....so Nike voided the deal. Then Kobe signed on with British Knights

[kurple]

lol? Yea they have, where have you been?
Are you serious?

Derrick Rose? Greg Oden? Blake Griffin? Anthony Davis? Towns? Irving?


All of these were rated much higher before entering the NBA



Do you really have that short memory? Can't even remember a year back

[fourkicks44]

But Kobe got arrested and charged with rape.....so Nike voided the deal. Then Kobe signed on with British Knights

https://www.youtube.com/watch?v=1Szayrye3fc

https://www.youtube.com/watch?v=VIgHVlb151c