Business Rumors

Is it true that you took significantly less money to be on Team Jordan? What led to that decision? Jimmy Butler: I’ve always been a fan of Mike and his game. What he did for the game of basketball as a whole, and what he did off the court for it too, whether it was with Hanes or his shoe brand. But I’ve always been a fan of the tennis shoe. So when I got an opportunity to switch from Adidas to Jordan, I just thought it was the right choice, because I’ve never had problems with my feet. I’m not bashing Adidas at all, but I got turf toe one year and rolled my ankles a few times. That’s never happened, whenever I was at Marquette with Jordan or before that, with Nike. So I thought maybe I should go back to that shoe. And then Jordan picked me up.
via GQ.com
If you’re tired of bundles that force you to pay hundreds of dollars for games you’ll never watch, two new developments might make you happy. First off, the NBA has announced that you can now buy individual games and team packages on its League Pass subscription, a fairly radical move that’s likely to irk cable operators. On another front, DirecTV and the NFL have been slapped with a class-action suit claiming that the NFL Sunday Ticket violates antitrust laws. By offering games à la carte, the NBA is trying to woo fans who don’t want to pay $200 for an all-or-nothing bundle of 1,000 games.
via Engadget
The Nike KD 8 isn’t the only Kevin Durant sneaker being unveiled today. Durant also took to his Instagram to show off this, the Nike KD 8 NSW Lifestyle. Nike Sportswear takes on signature silhouettes have been standard for a couple of years now, and this one follows in that tradition by using minimal branding and a build that’s nothing like the coinciding KD 8. There is no sneaker release date yet for the Lifestyle KD 8.
via Sole Collector
Bieber has one … so does Jamie Foxx and Chris Brown — but the guy who ignited the biggest sales boom of those new 2-wheeled scooters is Cavs star J.R. Smith … TMZ Sports has learned. It’s called the PhunkeeDuck — a foot-controlled motorized scooter — and Smith was often seen zooming around on one during the NBA Finals … watched by roughly 18.5 million people. We spoke with PhunkeeDuck founder Max Waxman who tells us sales exploded thanks to the NBA Finals exposure … “We did almost as many in sales as we had done in the prior 5 or 6 weeks.”
via TMZ.com
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Square is bringing in Earvin “Magic” Johnson to its board of directors this summer. The former basketball player is one of the most successful business leaders in America and a great get for Square’s board. He is not only an NBA Hall of Fame legend but also a formidable business leader, running the multi-billion-dollar Magic Johnson Enterprises, as well as the Magic Johnson Foundation – a well-recognized philanthropic organization for its work with urban communities. “I am ready to get to work as a member of Square’s Board of Directors so that any business, in any community, can compete and win,” said Johnson in a Square company release.
via TechCrunch.com
Mavericks owner Mark Cuban is donating $5 million to Indiana University, his alma mater, for a new technology center that will give students a leg up in the business world and possibly a competitive advantage to Hoosier sports teams. An official announcement came Friday in Bloomington. The new Mark Cuban Center for Sports Media and Technology will be built inside Assembly Hall, where the Hoosiers’ basketball teams play. Cuban says students and coaches will have access to 3-D, multicamera and virtual reality technology, some of which isn’t even available commercially yet. The Dallas Mavericks team owner says he came up with the idea as he looked for ways to give his team a competitive advantage in the NBA, and thought the Hoosiers should have the same advantages.
via Dallas Morning News