HoopsHype Business rumors

August 16, 2014 Updates
August 13, 2014 Updates
August 11, 2014 Updates

Despite Paul George's absence, the Indiana Pacers will surely sell some of his jerseys this upcoming season, but they will bear a different number. Before the deadline in the first week of March, George applied for and was granted the right to switch from No. 24 to No. 13, sources told ESPN.com. Per league rules for a player who changes jersey numbers on the same team, George will have to buy up all remaining No. 24s from the marketplace. ESPN.com

August 10, 2014 Updates

The nation's largest online licensed sports retailer saved itself from being caught with a glut of Andrew Wiggins Cavaliers replica jerseys and fans from the hassle of returning them. A spokesman for Fanatics, which also services the NBA's online store, said Thursday that the company -- which specializes in on-demand customization -- actually never made the No. 21 Wiggins Cavs jerseys that fans ordered from the sites. ESPN.com

August 8, 2014 Updates

Kevin Durant's rumored move to Under Armour appears to be a foregone conclusion, multiple sources with knowledge of the negotiations told InsideMDSports.com. Durant, whose Nike contract recently expired, canceled a trip to the Swoosh's Oregon headquarters earlier this week amid speculation Under Armour had offered him a deal in the range of $30 million annually to become the ascending athletic brand's marquee pitch man. Sources told IMS earlier Under Armour's proposal could be as high as $325 million over 10 years. InsideMDSports.com

August 7, 2014 Updates

In talking recently with industry insiders there is a reason that Durant is garnering this much attention, not only because he is one of the top players in basketball, but because Durant moves product. In 2013 the Durant brand at Nike generated more than $175 million in sales, up from $35 million in 2012. That’s the biggest gain from any of the top brands, especially at Nike. Brand Jordan, the top money earner is said to have generated $2.25 billion for Nike, up slightly from the $2 billion Brand Jordan generated in 2012. LeBron James’ brand generated $300 million in 2013, roughly unchanged from the $300 million generated in 2012. Making Durant’s almost 500% increase in sales remarkable given the brand names he is line with. Basketball Insiders

Michael McBride (Under Armour executive): Wish I could tell everyone what is going on today. #Future #GoodPeople #Recruiting #Partnerships Twitter

August 5, 2014 Updates

Chris Bosh: I'm excited to announce my latest venture, @misternicetie, a line of ties and bow ties I've produced in conjunction with the talented Armstrong & Wilson. This line is something I'm very proud of and I invite you to follow its account for the latest looks and announcements. Enjoy. http://instagram.com/p/rVi5PMskSd/ Instagram

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