HoopsHype Business rumors

September 5, 2014 Updates

Here's some context. About 1.3 million American viewers tuned in to see Team USA beat Turkey. That's out of 314 million Americans, so about 0.4 percent of Americans watched that game. Turkey managed to have 1 million viewers itself despite a population of 74 million and, based on what the internet and common sense tell us, far fewer television households. So 1.3 percent of Turks watched the game, a rate four times as high as that of the United States. SB Nation

September 4, 2014 Updates
September 3, 2014 Updates
September 1, 2014 Updates
August 31, 2014 Updates

Steve Kyler: The Durant brand at Nike generated more than $175 million in 2013 sales, up from $35 million in 2012 - kicking KD $25-$28m won't kill them. LeBron James’ Nike brand generated $300 million in 2013 sales - so there is a lot of room for KD's brand to grow... Jordan did $2.25 billion. Twitter @stevekylerNBA

After completing the long-rumored trade that sent Love to the Cavaliers and brought Andrew Wiggins, Anthony Bennett and Thaddeus Young to Minnesota, the Timberwolves have sold more than 300 full season-ticket packages in the last week. That beats the previous record in 2011 that was set when Ricky Rubio announced that he was coming over from Spain to play for the team. "The organization, from president-level on down has just been re-energized," Timberwolves senior vice president and chief revenue officer Ryan Tanke said. "Part of it is hope, and you have this great new hope. Associated Press

August 22, 2014 Updates
August 21, 2014 Updates

Michael vs. Larry, Grant Hill drinks Sprite, Michael Phelps and his five-dollar foot-long. Kevin Durant won’t have any of these iconic commercials/brand associations any time soon. In March, Durant signed an endorsement deal with KIND Healthy Snacks, and according to Chris Sheridan, the endorsement deal has strict restrictions. Durant may not sign an endorsement deal with any company that uses sugar or preservatives in its products. That means no McDonalds (or really any fast food or quick service restaurant), no Coca-Cola or Pepsi, no Subway, no candy company, no . . . well a lot of companies that regularly sign athletes to endorsement deals. As Sheridan reported, the deal is unusually restrictive. The Fields of Green

August 19, 2014 Updates

After re-releasing the Grant Hill and Grant Hill II in a variety of colorways for the past year and half, FILA is preparing for the re-launch of the former All-Star swingman's third signature shoe. Now being called the FILA 97, the Grant Hill III was a mid-cut silhouette supported by FILA's controlled 2A cushioning technology. On October 10, the shoe makes its way back to retail. Sole Collector

August 18, 2014 Updates
August 16, 2014 Updates

Team USA is only the latest entity to be left with a sour taste after dealing with Durant and his latest agent. The folks at Nike aren’t exactly happy. The folks at Gatorade already were unhappy. “It’s like Jay-Z is determined to do a scorched earth negotiation with everyone Kevin Durant is currently aligned with, and they aren’t doing him any favors,” one source close to Durant told SheridanHoops on Friday as Team USA prepared for its first exhibition game in preparation for the 2014 World Cup. SheridanHoops

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