LeBron James Talks New Deal With Nike

The +Cleveland Cavaliers team member +LeBron James has just sing a big +SportScheck with +Nike for a lifetime. Nike has signed Cleveland Cavaliers forward LeBron James to a lifetime deal in what one source familiar with the negotiations said is the largest single-athlete guarantee in company history.

“We can confirm that we have agreed to a lifetime relationship with LeBron that provides significant value to our business, brand and shareholders,” Nike said in a statement. “We have already built a strong LeBron business over the past 12 years, and we see the potential for this to continue to grow throughout his playing career and beyond.”

A company spokesperson would not say how much Nike paid. It is believed to be the first lifetime deal in the shoe and apparel company’s 44-year history.

“I’m very humble, man,” James said to reporters after Monday’s practice. “It’s been an unbelievable time for myself and my family, and I’m just grateful that Nike and [Nike founder] Phil Knight and everyone over there just believed in a skinny-old, skinny 18-year-old kid from Akron, Ohio, and I’m happy to be a part of such a great company.”

A source close to the deal told ESPN that it easily surpasses the 10-year, $300 million deal Oklahoma City Thunder forward Kevin Durant signed with the world’s largest shoe and apparel brand last summer.

“LeBron and I have been in love and obsessed with Nike since we were kids,” Maverick Carter, James’ business partner, said Monday. “Having built a totally innovative global business with them has truly been a dream come true. We are so excited to be taking the business to an entirely new level. For LeBron, he’s thrilled to know he’s a Nike guy for life.”

James commented on his affinity for the brand, how important his first Nike deal was and what the new agreement means to him.

“It meant a lot to me even when I signed my first deal just to be with Nike, and it means even more that they’ve given me this,” James said. “It’s like I said, very humbling and grateful, and I’m going to continue to do my job and represent the brand the best way I can, like I know how. Hopefully, people see that.”

Carter will manage the deal, which was negotiated by Main Street Advisors’ Paul Wachter, who also negotiated the deal for John Henry to buy the Red Sox in 2002 and represented Beats By Dre in its $3 billion sale to Apple last May.

Although other companies have negotiated lifetime deals — Adidas has structured them with Chicago Bulls point guard Derrick Rose and soccer great David Beckham, while Reebok has a lifetime deal with former Philadelphia 76ers point guard Allen Iverson — Nike has never announced a lifetime deal before.

New Louis Vuitton x Nike Air Force 1 Collaboration

 

During the recent Louis Vuitton SS22 “Amen Break” runway, the LV menswear artistic director, Off-White™ founder and frequent Nike collaborator sent a jolt through the sneaker world by revealing a whopping 21 Louis Vuitton x Nike Air Force 1s — more specifically, Air Force 1 Mids and Air Force 1 Lows with with damier patterns, LV monogram print, doubled-up tongues, plenty of Helvetica text and even printed “graffiti.”

New Air Max Collection

Nike has released their new collection of +Air Max Shoes. Its the Fall/Winter 2013 Air Max Reflect Collection from Nike Sportswear. Donning a muted all-black aesthetic, the pack’s Air Max 1, Air Max 90, Air Max 95, and Air Max Thea shine. Thanks +Nike and +NIKE球星線上面對面 

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New YEEZY Basketball Shoe Banned

Kanye West is expected to debut his first-ever Yeezy basketball sneaker on the feet of Adidas athletes during the upcoming NBA season. But the league office would ban the current version of the sneaker on court because of its gleaming, reflective-material heel, according to industry sources.

While the monochromatic sneakers won’t violate the league’s footwear color restrictions, the issue is the reflective “3M” heel panel, which the NBA would find potentially distracting for both in-arena spectators and television viewers.

Carmelo Anthony faced a similar issue with the metallic chrome heel of his Jordan M10 signature sneakers while playing for the New York Knicks. He later wore an updated version with a matte paint finish.

Players are no longer required to wear shoes matching their team’s uniform colors, but the league still has an approval process for new silhouettes from brands in advance of the season.

According to Christopher Arena, the NBA’s vice president of identity, outfitting and equipment, companies will typically submit sneakers for the first half of the season by early August, with shoes scheduled to be worn after the All-Star break required for approval by early December.

While the league office has yet to receive and formally review the new Yeezy basketball shoe in person, the version shared online by West would not be permitted on court as is, according to a source. Alternative versions of the sneaker that don’t incorporate the reflective material would likely be approved.

The league has banned or issued warnings for several sneakers in its history, most famously Michael Jordan’s black and red Nike Air Jordan 1 sneaker in 1985. Nike almost instantly turned the buzz around the Bulls star’s banished debut sneakers into a marketing campaign, vaulting the signature series into rare air and sparking the dawn of collectible-sneaker culture. Three decades later, the Jordan Brand has become its own fully fledged subsidiary of the Nike Inc. company, with annual revenues topping $3 billion.

In a recent post on his @KanyeWest Instagram, the Chicago native explained that his Yeezy basketball shoe has been in development for over three years and undergone nearly 300 sample updates.

The new model is expected to finally make its much-anticipated debut during the 2018-19 season, with Adidas non-signature athletes like Donovan Mitchell, Brandon Ingram, John Wall, Kelly Oubre Jr. and Nick Young potentially wearing the shoe in early 2019. Retail release dates and a finalized price point have yet to be determined.

Earlier Monday, during an interview with paparazzi in Los Angeles, West discussed his long-term vision for his collaborative brand with Adidas and his eventual goal to bring the manufacturing of his sneaker line stateside.

“The Yeezys will be made in America,” he said. “We’re putting a factory in Chicago.”

New Nike Butterfly Wing-Inspired SK Air Max Tailwind V Coming April 2nd

 

I had to post these. Just the look gives me a taste in my mouth that say i'm going to love these Nike shoes.

After the arrival of a recent teaser, Nike and Skepta have come together to officially reveal their latest collaborative sneaker. The all-new SK Air Max Tailwind V mixes the silhouette’s early 2000s futuristic aesthetic — complete with a striking heel counter and chrome Swooshes — with an eye-catching colorway.

New Sneaker Subscription Service By Nike

Nike is hoping to help parents who don't live near a shoe store, so they don't have to drag the kids to try on shoes every few months to buy shoes that they outgrow every few months.

Nike launched a new sneaker subscription for kids aged two through ten, which is called Nike Adventure Club. The subscription is offered in three tiers: Four sneakers a year for $20 a month, six pairs for $30 a month or 12 pairs for $50 a month. Parents will be able to choose from around 100 sneakers.

Dave Cobban, general manager of Nike Adventure Club, addressed these problems, telling CNN Business, "We've discovered a huge pain point for parents around shopping for kids' shoe. This was a great opportunity to experiment with different solutions."

Source

New Nike “Just Do It” Pack @Nike

Anyone that’s been a longtime fan of Nike is pretty familiar with the Swoosh’s “Just Do It” campaign. That’s why we’re pretty sure the latest Air Max 95 colorways arriving soon will be appreciated and fawned over by many.

The “Just Do It” AM95 set utilizes the signature brand tagline on an orange colorway (synonymous with the classic color of Nike sneaker boxes) and a white option that incorporates the popular all-over print. Each shoe also comes with a hang tag for added steez, but these bad boys are honestly swagged out all on their own.

So far no word on when the Nike Air Max 95 “Just Do It” pack will hit shelves, but we’ll keep you posted when it becomes available. Peep more pics of both colorways below:

New Nike Hybrid Collection @Nike #ParisFashionWeek @krungy21 #Sacai

Debuted during Paris Fashion Week, during their SS19 show, here’s a close up look at the sacai x Nike Hybrid collection. Featuring two new hybrid styles, the colorways are a mash-up of designs combining the Waffle Daybreak and the LDV Fusion on one pair, and the Dunk High with the Blazer model on the other.

Each shoe features a multicolored theme with double tongues, double shoelaces and double Swooshes donning the sides.

You can pick up the sacai x Nike Hybrid collection at select Nike stores and online around January 2019.

New Air Jordan 4

These are a must have for every man. +Nike ain't playing with all there latest new hot releases. The picture above is the new Air Jordan 4 Royal Colorway. Priced at $190, expect to see the shoe drop sometime in January of 2017.

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Online Shopping With TWUM

"The Wrap-Up Magazine" like to post apparel, attire, clothes, dress, garments, and shoes. Take a look at the must have list from the Wra-Up Magazine to see if these styles fits your needs. This is a must have list for you and your family. we provide reviews, gift ideas and opions from our subjective point of view.

Should Nike Be Afraid Of Adidas?

Adidas is back with the shoe game, attacking nike on the sneaker boots game now. Joe Budden and the crew speaks about the updates of each shoe company. As some say nike stole from adidas while on the other side saying that adidas been jacking for the longest, you be the judge.

Dame Dash Talks Jay-Z

 

Roc-A-Fella Records co-founder Damon Dash appeared on the latest episode of Shannon Sharpe’s Club Shay Shay podcast and spoke about a very specific detail from a meeting with Jay-Z that led him to believing in doing business with the future legend. 

New Nike Air Max 1 LX

It’s time to get summertime fine and be fearless sporting these eccentric colors this season, which especially is the case for Nike’s upcoming Air Max 1 LX “Just Do It” release. This sneaker hones in on the original Air Max silhouette and includes similar elements to the OFF-WHITE x Air Jordan 1, with its Nike box logo patch placed on the rear of the sneaker and adjacent to its decked out Swoosh.

The “Total Orange” must-have is composed of a leather layout, with shades of bright orange that mesh well with its crisp white midsole and black logo-infused laces.

No official release date yet for this fire drop, but we do know the shoe will be available at Afew for $170 USD.

Nike Makes 80 $Million Off New Release

According to SportScanInfo, Nike made $80 million dollars as a result of selling close to 480,000 pairs of Air Jordan 11 Legend Blue sneakers in an estimated three hour window that coincided with the shoe’s online and in-store release. To put that in perspective, there are businesses in Oregon whose annual sales fail to clear the $80 million mark. Nike has raised the bar yet again with the conclusion of this year’s holiday Jordan 11 release. The anticipation now begins to build for next year’s traditional Jordan 11 holiday drop.

Master P and Baron Davis are in talks to buy shoe brand Reebok

 

The rapper Master P and former NBA All-Star Baron Davis have jointly entered into negotiations with parent company Adidas to acquire the once-mighty shoe brand Reebok, which is reportedly on sale for some $2.4billion.

Master P is the stage name of Percy Robert Miller, a 53-year-old rapper, actor, record producer, and entrepreneur whose net worth is said to be valued at $200million.

Davis, 41, is a retired former professional basketball player who played 15 seasons for various teams, including Charlotte, New Orleans, Golden State, the Los Angeles Clippers, Cleveland, and New York.

New Women's Air Huarache

+Nike and +NIKE球星線上面對面 releases a new edition of the +air huarache. These are the new Nike women’s Air Huarache light base, grey, light Arctic Pink shoe. This should be on all womens must have list.

Did Roc-A-Fella Bring Air Force 1's Into Hip-Hop?

 

Roc-A-Fella co-founder Kareem "Biggs" Burke joins us to discuss the return of his label's famous Nike Air Force 1 collab, hip-hop's influence on sneaker culture, and his thoughts on shoe deals for Jay-Z, Drake, Kanye West, and Justin Timberlake.

Sneaker Reselling Business Becomes Big

I'll tell you one thing, I don't care how many pair of shoe I have, I'm not selling them to no-one. According to Financial Times, the market of sneaker reselling as a whole is worth an estimated $1 billion now. The data in the piece is largely based on figures from Campless, which analyzes the resell market by taking data points from millions of eBay auctions.

Unsurprisingly, the vast majority of the sneaker reselling market consists of Nike and Air Jordan releases. According to the Campless data, 96 percent of the “eBay Sneakerhead” market last year was Nike and Air Jordan. Jordans are particularly powerful. In 2013 users spent $62.7 million just on Jordans 3 through 14.

New Air Jordan XX9

+Nike releases the new +Air Jordan XX9's. he Air Jordan XX9 launches this September in two colorways: Black/White-Gym Red and Black/Team Orange-Dark Grey.

Explore the Air Jordan XX9 and it's unique technological advancements with Tinker Hatfield.

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New Air Jordan 1 Wings

The Air Jordan 1 Wings will release through Nike SNKRS on May 17th for $200 USD. The Air Jordan 1 Wings are designed to celebrate Michael Jordan's standout 1985-86 season.

Nike recently took us behind the design, which reveals that the shoe is actually a Black-based leather upper with a Gold undertone that is only revealed through agitation and stress. They also went on to say, “It’s reminiscent of a bronzed statue.”