LaVar Ball Reportedly Declined $10 Million Lonzo Shoe Deal
Most people would jump at the opportunity if someone offered them $10 million up front. Most people aren’t LaVar Ball.
Nike, Adidas and Under Armour reportedly offered Ball a $10 million dollar shoe deal, but the offer was declined by LaVar in hopes of a more lucrative contract. LaVar’s mindset was on his own ‘Big Baller Brand’ and making it the next big thing. instead of doing what everybody else does when coming straight out of college and into the pros.
ESPN’s Darren Rovell reported the declined offer and spoke about it in detail.
” LaVar Ball, who believes Big Baller Brand could become the next sneaker and apparel giant, could’ve doubled his son’s deal after the Los Angeles Lakers seized the No. 2 pick in the NBA Draft lottery.”
But again, he refused.
”It’s strange to me that LaVar didn’t at least fold some of his cards and go back to the shoe companies in earnest,” Rovell said. “After the Lakers thing goes down and the perfect scenario is going to unfold, the new deal, Nike (to) five years and $20 million. But what does LaVar Ball do? Instead of saying he now wants $1 billion, he now wants $3 billion.”