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#pounditSaturday, January 22, 2022

Articles tagged: Adidas

Dak Prescott leaving Adidas for Jordan Brand

Dak Prescott

Dak Prescott is making a big change with his endorsements.

The Dallas Cowboys quarterback is leaving Adidas and signing a 5-year deal with Jordan Brand, ESPN’s Adam Schefter reported on Wednesday.

There are around 25 NFL players who are signed with Jordan Brand. Schefter says Prescott will be the only QB on their roster. Jimmy Garoppolo signed with Jordan Brand in 2018, though it’s unclear if his deal has expired. Dwayne Haskins and DeShone Kizer are other quarterbacks listed as Jordan athletes.

This has been a big offseason for Prescott. He signed a 4-year, $160 million deal with the Cowboys in March. Now he’s joining Jordan Brand. Additionally, all reports about his recovery from his leg injury last year have been positive.

Report: Adidas, John Wall in buyout talks for endorsement deal

John Wall

John Wall has not been able to give Adidas much return on their investment in him because of injuries, and now the company is trying to negotiate their way out of an endorsement deal, according to a report.

Adidas signed Wall to a five-year worth a reported $25 million with Adidas in January 2018. Unfortunately, Wall has dealt with injuries since then and has not given Adidas much exposure.

Wall played in 11 games in January 2018 before hurting his knee, which sidelined him until the end of the regular season. Then last year, Wall played in only 32 games before undergoing surgery on his heel. While recovering from heel surgery, Wall tore his Achilles tendon, which will keep him out for this season.

According to ESPN’s Nick DePaula, Adidas is looking to buy Wall out of the remaining years on his contract.

Wall began his career with Reebok, switched to Adidas from 2013-2015, did not have a deal for two years, and then re-signed with Adidas. He may be headed to free agency again after this.

Indiana’s Justin Smith rips through Adidas shoe

Justin Smith Indiana

Nike isn’t alone when it comes to issues with their basketball shoes.

Indiana sophomore Justin Smith had a shoe blowout during the Hoosiers’ game against Wisconsin on Tuesday night.

Smith was able to get a replacement pair of shoes to continue in the game. The forward had 12 points and 6 rebounds before fouling out.

The issue for Adidas comes less than a week after Zion Williamson had a high-profile Nike shoe blowout in the first minute of Duke’s game against North Carolina.

Both shoe blowouts happened to athletes of similar height and athleticism. Both are 6-foot-7 forwards who have explosive leaping abilities. Smith actually broke an Indiana record with a 48-inch vertical last year.

Report: Adidas dropped Terry Rozier for wearing Nikes at shootaround

Terry Rozier had to learn the hard way just how serious shoe rivalries can be.

In a feature on Derrick Rose’s Adidas deal that was published on Tuesday, Jon Wertheim of Sports Illustrated shared an interesting anecdote about how the Boston Celtics guard Rozier, who also previously had a sponsorship deal with Adidas, was dropped by the company for wearing Nikes during a shootaround.

Per Wertheim:

Adidas’s treatment of Rose is especially perplexing given how closely the company has held other players to the letter of their contracts. On Jan. 18, 2016, Celtics guard Terry Rozier signed a deal that, according to documents provided to SI, guaranteed him $300,000 over three seasons.

During the 2017 Eastern Conference finals, Rozier wore Nikes during a pregame shootaround. He changed into Adidas shoes for the game, but his public appearance in a rival brand did not escape notice. In a letter delivered by FedEx last May 26, Adidas’s legal counsel Monique Hawthorne notified Rozier, “Adidas is terminating your Agreement effective immediately.” (According to Rozier’s representatives, they plan to arbitrate Adidas’s decision.)

The 23-year-old Rozier, who is currently averaging career-highs in points (9.7), rebounds (4.6), and assists per game (2.3), has been seen this season playing in Kobe Bryant’s signature Nike shoes instead. But his terminated Adidas endorsement is yet another illustration of how fierce the competition between the two sneaker giants truly is.

Zach LaVine gets massive endorsement deal from Adidas

Zach LaVine

Zach LaVine has agreed to a four-year endorsement deal with Adidas worth up to $35 million, according to a report.

ESPN’s Nick DePaula reports that LaVine, who had worn Nike shoes during his first three seasons in the NBA, agreed to the deal with Adidas after Nike waived its contractual right to match.

LaVine was the No. 13 overall pick by the Timberwolves in 2014 and has steadily improved his statistics each season in the league. He averaged 18.9 points per game last season.

The former UCLA guard was traded to Chicago in the offseason as the centerpiece in the Jimmy Butler deal. He is one of only four players to win consecutive dunk contests.

LaVine has yet to play this season as he recovers from a torn ACL.

Adidas expresses ‘regret’ over removing female ref at LaVar Ball’s request

LaVar Ball managed to have a referee removed from a game on Saturday after he became furious over a technical foul that was called on him, and Adidas has since apologized for the way the situation was handled.

In a statement given to For the Win on Monday, Adidas spokesperson Madeline Breskin expressed “regret” over a female referee being removed.

“The referee substitutions made during our tournament last week are not in line with our company values,” the statement read. “It was the wrong decision. We regret the situation and are looking into the matter to make sure our standards for sportsmanship, equality and fair play are met in the future.

“Supporting all athletes is critical to who we are. We believe in the power of sport to create positivity and bring people together. Importantly, any representation that we would compromise our values and inclusive approach for the benefit of any individual is inaccurate.”

Court Club Elite, the organization that oversaw the officials at the Adidas Uprising Summer Championships, announced on Sunday that it has cut ties with Adidas. According to a report from Myron Medcalf of ESPN.com, Adidas had pressured Court Club Elite to provide officials that would “keep (LaVar Ball) in the building” due to his drawing power and the desire of Adidas to stay on the Ball family’s good side because of a potential endorsement deal with Ball’s son, Los Angeles Lakers rookie Lonzo Ball.

Ball pulled his entire AAU team from a game earlier this month and later claimed there was “cheating” going on with the officiating crew.

Not surprisingly, Ball has not apologized for the things he said about the female official following his team’s game on Saturday. While any form of publicity may be good publicity for the Ball family, the same is not true for Adidas in this situation.

Report: Adidas told referees not to eject LaVar Ball

LaVar Ball

How much weight does LaVar Ball carry at this point? Enough that he getting the superstar treatment.

ESPN’s Myron Medcalf reported Friday that Adidas pressured officials at their Summer Championships event in Las Vegas not to eject Ball from games. The measure is said to be due to both Ball’s drawing power and the desire to stay in the family’s good graces because of a potential endorsement deal with Lonzo Ball.

LaVar got into it with a female official on Friday and was given a tech. The ref was replaced after Ball threatened to pull his team off the court, as he had done at a previous event.

This is a disturbing trend.

As Ball continues to grow in popularity and name recognition, his power seemingly is correspondingly growing. If you have major companies like Adidas influencing officials in order to keep Ball happy, it makes you wonder what else the outlandish father will be able to get away with.

Tim Tebow signs endorsement deal with Adidas

Tim Tebow baseball

Tim Tebow may never play a professional sport again, but that does not mean he is going to stop being a marketing machine.

ESPN’s Darren Rovell reports that Tebow has signed a multiyear endorsement deal with Adidas. Tebow was wearing Adidas shorts and cleats on Tuesday when he worked out for MLB scouts.

According to Rovell, Tebow had been engaged in “active dialogue” with shoe and apparel companies for some time, but his pursuit of a career in professional baseball sped talks up a bit. Tebow previously had an endorsement deal worth $300,000 per year with Nike when he was drafted by the Denver Broncos in 2010.

While it remains a long shot for Tebow to be signed by an MLB team, he was not as bad on Tuesday as many anticipated. After his workout (videos here), a representative for Tebow claimed as many as six MLB teams have expressed interest in signing the former Florida Gators star.

James Harden gets personal logo from Adidas

james-harden-rockets

Last year, James Harden signed a lucrative endorsement deal with Adidas. On Tuesday, the sportswear manufacturer unveiled a personal logo for the Rockets star.

Adidas used one of its Twitter accounts to give the world a look at the logo in a video the packs a lot of visual effects into 17 seconds.

Accompanying the video in the tweet is a suggestion to head to the @projectharden page on Instagram for more. It’s there we find an explanation for the Harden Mark.

? INKWELL ?

A photo posted by Project Harden (@projectharden) on

Knowing what it stands for is good. However, some aren’t even sure what they’re looking at.

Earlier this summer, Reebok released J.J. Watt’s first signature shoe, which prominently features his logo. Now, we’ll have to wait and see what shoe Harden’s brand new logo appears on.

James Harden offered $200 million by Adidas to leave Nike

James Harden cookin

Adidas has fallen behind both Nike and Under Armour in sports apparel sales in the U.S. over the past year. Its NBA division has taken a huge hit with Derrick Rose’s inability to stay healthy, so the company is making a major play for one of the biggest names in basketball.

Darren Rovell of ESPN reports that James Harden has been offered $200 million over 13 years to sign with Adidas. Nike, whose deal with Harden recently expired, has been given a deadline of the end of the week to match the offer.

As Rovell notes, $200 million is half of the $400 million Adidas paid 11 seasons ago to become the NBA’s official uniform supplier. The brand recently bowed down to Nike with that contract.

Adidas may be overpaying for Harden, but he may be the most talented and well-known veteran in the NBA who has not been locked down long-term. Kevin Durant chose to remain with Nike last season and Under Armour reeled in a massive fish when it signed Stephen Curry.

It’s not out of the question that Nike would match the offer, if only to keep Harden away from the competition. You have to wonder if reports about who Harden is dating had any affect on the offer Adidas extended.