Sneakers Rumors

Had Under Armour signed Durant, it would have had to endure the partnership’s difficult start. The reigning league MVP played 27 regular-season games in 2014-15 because of a foot fracture, and several marketing executives in the industry told The Vertical that Under Armour would’ve taken the blame for the misfortune. Durant eventually underwent three surgeries in a six-month span to correct a Jones’ fracture in his right foot. “It would have had a huge impact,” a footwear industry consumer insights director told The Vertical. “It would have made what they did with Steph [Curry] look like a fluke.”
“I think it would have been as devastating as Derrick Rose’s ACL injury [in 2012] was to adidas,” one industry marketing source told The Vertical. “Nike has the brand equity to survive injuries to their signature athletes. When injuries happen to star players at competing brands, consumers often assume it’s the fault of the sneaker brand the athlete is wearing. Yet, with Nike, consumers never blame the product.”
Storyline: Derrick Rose Injury
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How much was the deal for? Maverick Carter: I can’t say. Come on, Mav! Can you ballpark it? Maverick Carter: What are people saying? Kanye said a billion. So a billion. [Maverick smiles and points one finger skyward.] Holy shit. Maverick Carter: Yeah. It’s a fantastic deal. Nike feels great about the deal. That’s the most important thing. As great as I feel, as great as LeBron feels—Nike feels fantastic about it. It’s the largest deal in the history of the company. Their hope is he makes even more. And our hope is that, too, obviously.
1 week ago via GQ.com
Storyline: Sneaker Deals