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Giannis Antetokounmpo Recalls Walking Away From An Adidas Deal That Didn't Fulfill Its Terms To Sign His Brother Thanasis Too

The Antetokounmpo family doesn’t play when it comes to their own. Nike has been a long supporter of Giannis Antetokounmpo and his family since the very beginning of his career in 2013, and it’s also what encouraged the NBA superstar to pass on another endorsement deal with one of the athletic apparel company’s competitors. According to Bleacher Report, during an appearance on the “Thanalysis Show,” Antetokounmpo recalled the moment he decided to walk away from a deal at Adidas because he was in a position where he needed to help support his family. After an initial offer featuring a deal for both Giannis and his brother Thanasis Antetokounmpo, Adidas backtracked on the plan, prompting Giannis to turn down the proposal. “[An Adidas representative] brought the contract and put it in front of me, and I’m like, ‘Okay great, where is my brother’s?’” Antetokounmpo explained, per Bleacher Report. “And he was like, ‘We’re not going to sign your brother’s today. You’re going to sign yours,...

Shanique Yates

Apr 19, 2024

In 3 Years Since Joining The Utah Jazz Ownership Group, Dwyane Wade Has Watched Its Valuation Go From $1.75B To $3.46B

Never underestimate the power of a good hobby! Following his retirement from the NBA, Dwyane Wade, like many greats who have since left the league, picked up a new golfing habit, which ultimately led him to become a minority owner in the NBA team Utah Jazz. According to Boardroom, the move made in 2021 by Wade continues to get better with time. When he initially joined the ownership group, the former Miami Heat star saw the team at a valuation of $1.75 billion. Today that number has increased to $3.46 billion, per an April 16 Instagram post by Boardroom. “If people are doubting how far you can go, go so far that you can’t hear them anymore,” said Wade on social media at the time of the deal. “Second act activated.”   View this post on Instagram   A post shared by Boardroom (@boardroom) The Sporting News reports that the deal was made possible thanks to a friendship between the majority owner, Ryan Smith, and Wade that began on the golf course. Smith, a billionaire whose fortune was...

Shanique Yates

Apr 18, 2024

How Much Is Angel Reese Projected To Earn In Her Upcoming Years As A WNBA Player?

Angel Reese is heading to the WNBA. The current Louisiana State University (LSU) student, who is set to graduate on May 18, 2024, was among the 36 players to be called during the Women’s National Basketball Association (WNBA) draft. The event was held on Monday, April 15, 2024, at the Brooklyn Academy of Music in New York, NY, according to NBC’s local Channel 4. Reese was the No. 7 draft pick in the first of three rounds, and she will be headed to play for the Chicago Sky alongside South Carolina’s Kamilla Cardoso, per USA Today’s For the Win. They will be guided by head coach by Teresa Weatherspoon. “ANGEL” in the SKY👼🏽💙💛 — Angel Reese (@Reese10Angel) April 16, 2024 “It’s a great moment. I’m super excited to go into the W,” Reese explained during an interview on “Today.” “This has always been a dream for me and a dream come true. And then with amazing girls, only 15 girls get to be selected to come to New York and have this experience. And as a little...

Samantha Dorisca

Apr 16, 2024

Tiger Woods Says New Program Allowing PGA Tour Players To Collectively Access Over $1.5B In Equity Is 'Sports History'

Tiger Woods, famed golfer and PGA Tour Players board member, discussed plans for major changes in the world of professional golf.

Michelle Burk

Feb 7, 2024

Cam'ron Claims Offers Have Already Rolled In To Acquire His Newly-Launched Sports Talk Show

Cam’ron has been heavy in his sports bag and, apparently, big-timers are taking notice.

Ngozi Nwanji

Mar 16, 2023

Tanya Van Court's Goalsetter Joins TeamSnap To Support Underserved Youth In Their Physical And Financial Well-Being

Goalsetter is helping to bring financial literacy to the sports world in its latest partnership. The fintech platform has joined TeamSnap — a leading sports team management app — to support an increase of underserved youth having equal access to sport participation, according to a press release shared with AfroTech. The goal at hand is for the young athletes to have both physical and financial well-being. View this post on Instagram A post shared by Goalsetter (@goalsetterco)

Ngozi Nwanji

Aug 12, 2022

Candace Parker Tag Teams With adidas To Mentor Female Student-Athletes Through The NIL Era

Candace Parker is helping adidas keep its promise to student-athletes.  

Samantha Dorisca

Jul 27, 2022

Kevin Durant Joins Investment Round To Usher New Era For Premier Lacrosse League

Kevin Durant has made a new investment to advance another area of sports. Bloomberg reports Durant’s Thirty Five Ventures was a part of an investment round led by The Chernin Group for the Premier Lacrosse League with participation from World Wrestling Entertainment (WWE) Inc. Premier Lacrosse League founders, Paul and Mike Rabil have not disclosed exact valuations. However, the number has doubled since the company’s previous funding round in 2021.

Samantha Dorisca

Jul 21, 2022

Daymond John Joins Board Of Directors For Overtime, A Sports Company Backed By Jeff Bezos, Drake, And More

Daymond John is taking his business expertise to the sports world. According to a press release, the entrepreneur has signed on to the Board of Directors for Overtime — a sports company backed by Jeff Bezos, Drake, and more.

Ngozi Nwanji

May 17, 2022

Snoop Dogg Purchases Minority Ownership Stake In Team A Part Of Ice Cube's BIG3 Basketball League

Snoop Dogg has purchased a minority stake in Bivouac, a team a part of Ice Cube’s BIG3 basketball league. According to a press release, Snoop Dogg joined venture capitalist and co-founder of PayPal Ken Howery to buy 25 Fire-Tier editions of Bivouac. While Snoop Dogg can officially celebrate becoming a team owner, he hinted at it in a video clip posted in late April by Ice Cube on Twitter. Snoop is buying 2 teams in the BIG3. Better get in where you fit in and join the BIG3 Ownership Discord. 🏀🏀🏀 — Ice Cube (@icecube) April 23, 2022

Samantha Dorisca

May 9, 2022

Exclusive: Chris Webber Joins Coinllectibles As President, Gears Up To Drop Debut NFT Collection

Nearly two decades later, Chris Webber is still making the right shots. The former NBA player is diving headfirst into the Non-Fungible Token (NFT) space, taking a seat at the table as president of Coinllectibles. Webber’s introduction to the technology company began after a conversation centering around The Chris Webber Collection of African-American Artifacts and Documents, which includes a postcard Malcolm X sent to Alex Haley when he was in Mecca and the first poetry book written by an African author. Now Webber will continue developing more groundbreaking collections — this time by disrupting the NFT space. “The business has allowed me to stay competitive, empower people, and learn. What attracted me to Coinllectibles was the opportunity to work with arguably one of the best when it comes to NFTs, especially cryptocurrency, but also the fact that I can merge sports,” Webber told AfroTech exclusively. According to a press release, Webber’s role will bridge the crossroads of...

Samantha Dorisca

Mar 28, 2022

StatusPRO Forms Partnership To Develop The First VR Football Game Licensed By The NFL

Virtual reality gaming just hit a new level courtesy of StatusPRO. In a previous interview with AfroTech, StatusPRO founders Andrew “Hawk” Hawkins and Troy Jones explained their plans to combine augmented reality and virtual reality (VR) to enhance the sports industry as we know it. Now, it looks like they are here to deliver. According to a press release, the former football players have officially inked a deal to create the first VR NFL-licensed football game. “We are a company that wants to democratize what it is like to be an athlete. In XR and VR specifically here, we want to really immerse fans into the shoes of people they watch on a daily, monthly, and yearly basis and give them something they have never experienced,” Hawkins told Boardroom. “As an athlete, being able to continue to bring those experiences to life is amazing. This is the first of many athletes from our company but as football players, you can imagine we want to bring the most authentic version of this to the...

Shanique Yates

Mar 24, 2022

Nike's Chief Talent, Diversity, And Culture Officer Felicia Mayo Talks Moving The World Forward Through Sport

With 50 years of moving the world forward through sport under its belt, Nike’s commitment to people, play, and the planet is stronger than ever. As the world’s leading sportswear brand continues its mission to uplift the world through purpose by focusing on its community, findings from the company’s FY21 Impact Report is strengthening its stance on serving others and a peek into a future of sport rooted in athletes of all shapes, sizes, and colors. “Nike is all about innovation,” said NIKE Inc.’s Chief Talent, Diversity, and Culture Officer Felicia Mayo in an interview with AfroTech. “How do we innovate through absolutely everything we do, whether it is our apparel or footwear? Our innovation is really number one for me. I recognize that innovation happens through diversity, equity, and inclusion. You’ve got to have diverse talent, you have to have diverse ways of working and thinking in order to have the uniqueness of innovation here.”

Shanique Yates

Mar 18, 2022