Penny Hardaway Rumors

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The NBA announced its four legends for the Shooting Stars competition at All-Star Weekend, going away from the traditional city-affiliated teams, which enables Stephen Curry to be joined by his father, Dell, on Team Curry. Other legends who will participate are Dominique Wilkins, Scottie Pippen, and Penny Hardaway. Chris Bosh, Anthony Davis, and Russell Westbrook are leading their teams, while Swin Cash, Elena Della Donne, Sue Bird, and Tamika Catchings are the WNBA players participating.
Penny Hardaway Shoes: It has been confirmed that the former third round overall pick in the 1993 NBA draft and Nike are cooking something for sneaker heads as the Penny 6 is hopefully on its way out on the market. During an interview with Penny Hardaway in Complex, the former Orlando Magic point guard reveals his still great relationship with the shoe brand Nike. “I have a great relationship. We’re still doing contracts and we’re working on the Air Penny 6. I’m in a great place, man. Being retired and having not played the game in five or six years and still have shoes coming out in my likeness is a true blessing.”
The Orlando Magic are one of the youngest franchises in the NBA, which is a little hard to believe. They’ve made the NBA Finals twice, and featured some of the best and most iconic players of the past three decades: Shaquille O’Neal, Penny Hardaway, Grant Hill, Tracy McGrady, and Dwight Howard. And yet, the team is only coming up on its 25th anniversary next season. With that in mind, the Magic have unveiled a new logo to commemorate a quarter century of basketball. “This new look provides us an opportunity to reflect on where we’ve been and look forward to where we are headed,” team CEO Alex Martins said in a press release. “Our silver season logo signifies the history we are creating each day—every game, every play, every moment really is history in the making.”
Haiti Prime Minister called on a group of retired NBA players to invest in Haiti Saturday during a philanthropic summit in Miami. The event at the Ritz-Carlton Coconut Grove, was additionally attended by former US President Bill Clinton, who traveled to Haiti on Sunday. Lamothe addressed a group of attendees including former NBA stars including Glen Rice, Penny Hardaway and Haitian-born Olden Polynice, who was recently named a goodwill ambassador by Haiti President Michel Martelly.
Sources say Levien took a lead role in assembling a star-studded ownership consortium which includes actor/singer Justin Timberlake as well as Denver Broncos quarterback Peyton Manning and wife Ashley. Timberlake and Ashley Manning are native Memphians, as are two more prominent minority owners in Pera’s group: Former NBA All-Star Penny Hardaway and former Congressman Harold Ford Jr.
An introductory media conference will be held at 10 a.m. this coming Monday, November 5. Pera and members of the new ownership group will be on hand for their first event at FedExForum to tip-off a new era in Memphis Grizzlies basketball and both media and the general public are invited to attend. For those members of Grizz Nation unable to attend in person, the press conference will be streamed in its entirety online at
The Memphis Grizzlies have changed owners officially, and the new bosses want to make clear their commitment to staying in Tennessee very clear. “The Grizzlies are here to stay in Memphis,” new Grizzlies chairman Robert J. Pera said. The Grizzlies announced Wednesday that the reported $377 million sale by Michael Heisley had been finalized to a group led by Pera, a former Apple engineer who founded the communications technology company Ubiquiti Networks. The group includes local businessmen, entertainer Justin Timberlake, Memphis native and former NBA player Penny Hardaway, a former U.S. congressman and Ashley Manning, wife of four-time NFL MVP Peyton Manning.
$377,000,000 — Final sales price, per sources, of the Memphis Grizzlies from former owner Michael Heisley to a group led by wireless technology entrepreneur Robert Pera. There had been questions about Pera’s financial stake after his Ubiquiti Networks wireless equipment supply company reportedly lost tens of millions of dollars in value in recent months, but Pera bolstered his group — which includes minority ownership stakes by Denver Broncos quarterback Peyton Manning, ex-NBA All-Star Penny Hardaway and former Congressman Harold Ford, Jr. — with two substantial minority partners who each put up more than $25 million in cash, according to a source.
Sources told that one of the key agenda items at this week’s two-day Board of Governors session in Manhattan is ratifying the transfer of control of the Grizzlies from the outgoing Michael Heisley to Pera’s star-studded consortium, which includes actor/singer Justin Timberlake as well as Denver Broncos quarterback Peyton Manning and wife Ashley. Timberlake and Ashley Manning are native Memphians, as are two more prominent minority owners in Pera’s group: Ex-NBA All-Star Penny Hardaway and former Congressman Harold Ford Jr.
NFL quarterback Peyton Manning, wife Ashley, and former NBA player Penny Hardaway have agreed to join the group of minority owners for the Memphis Grizzlies, said a person familiar with the deal. The Mannings and Hardaway join a minority group that includes singer and actor Justin Timberlake and a couple of Memphis businessmen, the person told the Associated Press on Thursday on condition of anonymity because prospective buyer Robert J. Pera’s purchase of the Grizzlies is pending approval by the NBA.
Penny Hardaway On the enduring popularity of his Nike shoe, Air Penny, which was re-issued two years ago and is now Nike’s most popular basketball shoe, outselling Air Jordan: “A good basketball shoe to me is something you can wear on and off the court. Guys like to wear jeans, T-shirts and sneakers, and you can’t do that with a lot of basketball shoes. Some shoes are made just for the court. My shoes and Michael’s (Jordan) shoes can be worn on and off the court. The Penny V is dropping next year.”
“Penny has his life in perspective now,” said Randy Wade, deputy director for U.S. Rep. Steve Cohen and one of Hardaway’s closest friends and confidants for more than 20 years. “He knows what he wants to do and he’s getting it done.” Politicians and public officials such as Shelby County Commissioner Henri Brooks are taking notice. “I wish we could clone people like Mr. Hardaway, who came back to the community that gave him a start so that he could give socially and economically disadvantaged kids the same start he enjoyed,” Brooks said. “I would encourage a public/private partnership of his Cordova venture. I think the city and the county should step up to the plate and work with Mr. Hardaway providing the resources to make this a reality.”
But less than a month after his grandmother’s death, Hardaway confirmed what he always suspected — giving his time is more important than writing a check. First, he volunteered to coach a group of Lester Middle School seventh- and eighth-graders whose coach was battling cancer. The team not only won the state championship with a 27-3 record, but Hardaway’s emphasis on academics and discipline resulted in the team grade point average improving from 2.5 to almost 3.0. Then, he became point man for Penny’s Fastbreak Courts. It’s his youth sports training program that’s part of the Gameday Healthy Kids Foundation, which teaches athletics and life skills to underprivileged children. Hardaway is an investor and fundraiser for a proposed $20 million Fastbreak Courts facility in Cordova. A hoops Taj Mahal, the facility will have seven basketball courts, a 2,000-seat arena, a sports rehab clinic operated by Campbell Clinic, an auditorium and classrooms for tutoring children.
Bids on eBay are currently as astronomical as $50,000 and one sneakerhead in Queens, reportedly put up his 1996 Chevy Cavalier up on Craigslist in hopes of bartering. Hardaway showed off his own pair in Friday’s NBA All-Star Celebrity Game, alongside celebrity players like J. Cole and Common, but then whipped out the even more exclusive Nike Foamposite Shooting Stars during the second half of the game. Literally 1-of-1, the Orlando Magic-themed kicks may just be the most exclusive sneakers in the world right now, but Hardaway’s not sure if he’s ready to part with his size 14s just yet, and for what price. “They’re just in my possession and I’m enjoying them,” he laughs. “For my pair? I don’t know. It’s something to think about, you know. If I did auction them off or whatever, the money would go to charity, it wouldn’t come to me. I don’t know if I’m going to auction them off yet. I have to talk to my guy, but I would hope that if they were going to be auctioned off for charity, they would go for a lot of money.”
Hardaway has had the sneaker world literally abuzz this week with his just-released Nike Foamposite Galaxy shoes. The $220 space-themed kicks have caused national pandemonium, even physical skirmishes, among sneaker aficionados hoping to snag one of the very few pairs available. The Washington Post reports, that more than 100 deputies in riot gear had to subdue an unruly crowd in Orlando, Florida while at a mall in Hyattsville, Maryland, one person was arrested for disorderly conduct, all around the sneaker’s Friday (February 24) release. Footwear giant Foot Locker even cancelled sales of the shoes at several locations out of concerns for public safety. “The Foamposite is really a very nice shoe,” Hardaway muses, admitting that he had no idea it would be such a hot ticket item when creating the Galaxy design. “You can never imagine or try to predict that there would be this much pandemonium over your tennis shoe. You would hope so, that it would be crazy—not to the point of violence—but everybody wanting them, that’s a dream come true.”
Here are Penny’s thoughts on the present state of grassroots basketball, what he may change, and his upcoming splash on the AAU circuit: SLAM: Penny, you’ve got an amazing event going on right here. Tell me how all of this came about. Penny Hardaway: First of all, I’d like to give all thanks to Travis Haddock from Haddock Sports. He’s the guy who puts these tournaments together. He’s the one who came to me with the idea and the concept of having my name involved, and instantly I was interested. He mentioned Oak Hill, Simeon, Montverde, Our Savior, and plenty of others. All of those teams with all of the talent that we have in this city…the potential was unbelievable. I was excited for the city to have this much talent under one roof.
When Dwight Howard thinks of the 1990s Orlando Magic, he doesn’t think of Shaquille O’Neal, the dominant big man who Howard is so often compared to. No, Howard says he associates those Magic teams with Penny Hardaway, who made four all-star teams with the Magic and Howard thinks so highly of Hardaway, in fact, that he thinks the organization should put Hardaway’s No. 1 jersey in the Amway Center rafters as its first retired number. “I think when the season starts – whenever that may be – he should have his jersey put up for what he did not just the team, but for the city,” Howard said. “We all know how great Penny has been for the game of basketball.”
Dwight Howard apparently encountered little difficulty convincing current and former Orlando Magic players to participate in his charity exhibition game Nov. 13 at UCF Arena. Kevin Samples, Howard’s manager, said that barring unforeseen conflicts, 18 people have committed to play, including former Magic players Vince Carter, Penny Hardaway and Steve Francis.
Rudy Gay has played in some of the charity games his fellow NBA players have arranged during the lockout. Now the Memphis Grizzlies forward has decided to hold his own game. Gay announced on Twitter that he has organized an exhibition for Nov. 8. The game will be played at the DeSoto Civic Center in Southaven, Miss., just outside of Memphis, and proceeds will benefit Flight 22 Foundation, Gay’s nonprofit group raising money for childhood education in Memphis and his hometown of Baltimore. Among those committed are Kevin Durant, John Wall, Grizzlies teammates Zach Randolph and O.J. Mayo. Former NBA player Penny Hardaway also will play. Gay is expected to announce other players in the coming days.
Q: What’s been your take on the NBA lockout as you’ve watched the events transpire and do you think it will last for a while? Penny Hardaway: My view is just the owners are probably a little upset about what happened last year with the LeBron [James] situation and it was kind of like an eyesore for the league because of how it happened with the decision, LeBron and Chris Bosh going to Miami. But I think it’s gonna last a while because they’re gonna want to get some things straight where players can’t leave a franchise without anything. So I think it’s gonna be a while.
Q: Everybody here obviously is curious to know what’s going to happen with Dwight Howard. Do you know him or have any contact with him at all? Penny Hardaway: I don’t know him, but he came on my radio show last Tuesday and I really didn’t ask him any tough questions, but I think he’s gonna stay here. Well, I hope he does. Q: What was the veteran leadership like when you were in the NBA as far as them giving you perspective on fighting the bigger fights for players in the league? A: I think the veteran guys back then were very strong, they were good leaders, they definitely gave us the pros and cons of every decision that we were gonna make. And the only thing that we did wrong was, that I felt, is that we priced the veterans out of the league. With the minimum being a million dollars and when the economy went bad, a million dollars was a lot of money to a lot of teams and they didn’t want any veterans anymore because of that reason so hopefully they’ll give a better deals for the veterans so the veterans can stay in as long as they want.