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How Jay-Z’s And 50 Cent’s Reebok Reign Led Its Footwear Sales To Jump By A Reported 11% In 2003

Jay-Z is known for breaking barriers in music. However, his secret to reaching billionaire status has been his ability to succeed in areas beyond the billboard charts. Among his various ventures, he reminds the world that the shoe brand Reebok is one of the successes documented in his portfolio. According to Finurah, Jay-Z signed a sneaker deal with Reebok in 2002. In 2003, the rapper became the first non-athlete to sign an endorsement deal with the shoe and apparel company, per ABC News. At the time, record executive Steve Stoute was working with Reebok and convinced Jay-Z to accept the deal; the rapper signed on as a 50/50 partner with the brand. “Jay-Z’s not the ambassador of anything except himself. He was a partner. He was a 50/50 partner,” Stoute said in an interview on “Club Shay Shay.” The first collaboration to result from the partnership was the “S. Carter Collection,” which had a better debut than any of its previous shoes, surpassing the sales of Allen Iverson’s shoe...

Samantha Dorisca

Mar 15, 2024

50 Cent Set To Open A G-Unit Film And TV Studio In Louisiana

50 Cent has taken another step on the path of building out G-Unit Film Division.

Ngozi Nwanji

Nov 17, 2023

After Interning For Jesse Itzler, 50 Cent Stayed Loyal By Inking Contracts To Only Fly With The Entrepreneur's Jet Company

A serial entrepreneur has shared a story revolving around the early beginnings of 50 Cent building his business acumen. In an Instagram post, Jesse Itzler shared that the rapper and businessman was once an intern for him. According to Itzler’s website, he has built and sold Marquis Jet, Zico Coconut Water, 29029 Everesting , and more. He is also part owner of the NBA’s Atlanta Hawks.

Ngozi Nwanji

Sep 22, 2023

A Former Employee Of 50 Cent's Sire Spirits Pleads Guilty To $2.2M Embezzlement Scheme

Things are continuing to look in favor of 50 Cent regarding a lawsuit.

Ngozi Nwanji

Sep 20, 2023

50 Cent's 'Biggest Waste Of Money' Was The 'Tyson Crib' He Paid $700K Annually To Upkeep For Over A Decade

50 Cent has had a lot of wins, but with those wins also came losses, including the time he once purchased Mike Tyson’s home.

Samantha Dorisca

Jul 7, 2023

50 Cent's Sire Spirits Secures First Official Deal With An NHL Franchise

50 Cent is on to the next one — the next partnership, that is!

Ngozi Nwanji

Jun 16, 2023

50 Cent Confirms Interest In Buying BET Network Alongside Shaquille O'Neal And Kenya Barris

There is a race to take control of BET. In the latest update, it’s rumored that 50 Cent, Shaquille O’Neal, and Kenya Barris are interested in purchasing stakes in the company.

Samantha Dorisca

May 8, 2023

50 Cent Recalls Having $38M In His Account With An Apartment That Was $800 A Month

Becoming rich is one thing, but keeping the wealth is another. When 50 Cent reached the point where his millions were accumulating exponentially, he realized that he had to protect his money.

Ngozi Nwanji

Apr 19, 2023

50 Cent Claims He Has 'Been A Billionaire Since 2007'

According to 50 Cent, he has been a billionaire since 2007.

Samantha Dorisca

Apr 17, 2023

50 Cent Demands Payment After Court Ruling Finds Ex-Employee Stole $6.2M In Embezzlement Scheme

50 Cent has made it clear that he’s ready to collect his coins in a timely manner.

Ngozi Nwanji

Mar 8, 2023