Rose to sign 10yr/250Mil deal with Adidas
Old 12-31-2011, 03:26 PM   #1 (permalink)
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Bulls Rose to sign 10yr/250Mil deal with Adidas

Jesus, thats 25Mil/yr + his salary which i think is around 18Mil/yr.

Major Cake!

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Derrick Rose is close to agreeing to a 10-year, $250 million extension with adidas, according to an industry source close to the situation.

Rose is adidas' only counter to Kobe Bryant in emerging markets like China, where volume really counts. Rose reportedly already outsells LeBron James there.

Both Bryant and James endorse Nike.
http://basketball.realgm.com/wiretap/217940/Rose_Near_$250_Million_Extension_With_Adidas
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Old 12-31-2011, 03:30 PM   #2 (permalink)
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A necessary signing for Adidas to compete with Nike.

Wonder how much TMac got for his lifetime deal with Adidas a few years back.
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Old 12-31-2011, 03:31 PM   #3 (permalink)
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WTF!! It's fuckin' unbelievable!!
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Old 12-31-2011, 03:39 PM   #4 (permalink)
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This is why I wouldn't make a good pro athlete. I'd sign this deal and retire the next day, who needs a championship ring when you could just buy one?
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Old 12-31-2011, 03:41 PM   #5 (permalink)
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I like Adidas but I wouldn't wear those Derrick Rose basketball shoes. They're not that great.

I still have the old Lebron 3's and it's a very rugged shoe with good ankle support.
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Old 12-31-2011, 04:27 PM   #6 (permalink)
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i would sign to a minimum contract right away with the heat with money like that on the side
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Old 12-31-2011, 05:21 PM   #7 (permalink)
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I don't believe the adiroses sell better than lebrons
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Old 12-31-2011, 05:39 PM   #8 (permalink)
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In my opinion, they all suck. They just use the name of a popular athlete to charge us $100 more.
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Old 12-31-2011, 11:13 PM   #9 (permalink)
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I didn't know Rose was that marketable.. not really an outgoing personality... never looked to comfortable with the media. but that might change in the future
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Old 12-31-2011, 11:23 PM   #10 (permalink)
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Wow, I had no idea players could cake that much out of endorsement deals. $250 million? Good lord, he could purchase a small country.
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Old 01-01-2012, 01:53 AM   #11 (permalink)
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Rose is a guaranteed star in this league, all-star for multiple years for sure. They can't risk Nike getting him... with his previous shoes' success it is a good endorsement.
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Old 01-01-2012, 02:03 AM   #12 (permalink)
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how much is LeBron's? I think its similar
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Old 01-01-2012, 05:25 AM   #13 (permalink)
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I posted the original Wojo article in the thread about Howard requesting a trade.

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Could A Shoe Contract Be Standing In The Way Of One Of The Greatest Basketball Tandems Ever?

As many of the “uninformed” out there are learning, sneakers are not just something you put on to protect your feet from the December cold.

They are a statement. They are a lifestyle. They can define you.

This was never more evident last week, when we were subjected to the relentless pursuit by many – including myself – for a $180 pair of basketball shoes.

Now there’s word the shoe industry may be responsible for claiming another victim – a potential Chicago Bulls dynasty.

Barring miraculous career-best seasons by every player on the Magic roster, Dwight Howard will continue to quietly demand out of Orlando. He’s listed three teams for which he’d assuredly sign a contract extension: the Los Angeles Lakers, New jersey Nets and Dallas Mavericks.

Chicago is not one of those three franchises. The Bulls do have, according to nearly every observer, the greatest combination of trade assets in exchange for the Magic center of any team. They also have Derrick Rose, the reigning MVP. Who, combined with Howard, would form one of the greatest two-man combos the game has ever seen.

The last time such a debilitating twosome formed – Kobe Bryant and Shaquille O’Neal – the Lakers won back-to-back-to-back championships.

Thus the following question: Why?

Why would Howard not entertain the idea of playing in a big market with a devoted fan base and one of the most unstoppable players in the league?

As Adrian Wojnarowski discovered, it’s got to be the shoes.

Adidas has thrown the bulk of their basketball shoe endorsement empire behind two players. These two players just happen to be Howard and Rose. Combining their advertising forces could prove costly for the company.

“Adidas simply cannot have its two signature players on the same team in the same market,” a “high-ranking sneaker executive” told Wojnarowski. “Derrick is the face of that market, owns that market, and Adidas can’t possibly have maximum bang for its buck with Dwight there.”

Rose is the star – on the court and off.

His face can be found up and down the streets of Chicago – from the south side to Wrigleyville to the shops on Madison Avenue. While he’ll never be the gregarious prankster Howard is, he has evolved from a shy individual into a marketer’s dream.

According to Wojnarowski’s source, Adidas is working on a lifetime shoe deal to make Rose one of, if not, the highest-paid shoe endorsers in NBA history.

Link - BusinessInsider.com
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Old 01-01-2012, 06:28 PM   #14 (permalink)
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Quote:
Originally Posted by fk24 View Post
I like Adidas but I wouldn't wear those Derrick Rose basketball shoes. They're not that great.

I still have the old Lebron 3's and it's a very rugged shoe with good ankle support.
Why would you say they're not that great when you haven't even tried them?
I'll say that the looks of his shoes so far aren't great...but from what I've read, they perform really well.
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Old 01-01-2012, 09:23 PM   #15 (permalink)
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I would have thought KD was more marketable since he's more outgoing and will be a multiple MVP in the future. might have to do with the market he's in though.
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Old 01-01-2012, 11:57 PM   #16 (permalink)
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Quote:
Originally Posted by Windex View Post
I would have thought KD was more marketable since he's more outgoing and will be a multiple MVP in the future. might have to do with the market he's in though.
A lot has to do with the athlete, however it also has to do with the product that they're selling.
KD's shoes 4 signature shoes have been very bland, his latest one is the most unique of all.

LeBron and Kobe's shoes are more innovative and distinctive
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Old 01-02-2012, 12:02 AM   #17 (permalink)
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KG left Adidas and signed with a Chinese company called ANTA last summer. I find that pretty crazy because Adidas still pays most of there athletes even after they have retired. I doubt that ANTA would do the same.
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Old 01-02-2012, 01:31 AM   #18 (permalink)
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In the end Jordan will always make 2-3x more and he's retired
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Old 01-02-2012, 04:04 PM   #19 (permalink)
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Congrats on yet another sports player making way more money then he deserves!
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Old 01-02-2012, 04:35 PM   #20 (permalink)
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Quote:
Originally Posted by Chiggmo View Post
Congrats on yet another sports player making way more money then he deserves!
Or more than he needs.
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