Lonzo Ball shoe sponsorship

[Pinkyring]

Everyone here is thinking extremely shallow, ive wondered for years why guys wouldn't do this is, the shoe companies are only what they are because of the athlete endorsements. Picture this, durant got a 10 year 300 million deal from nike, the year before that they sold 300m in kd gear, so why wouldnt the big guns (kd, lebron, harden, westbrook, steph) put up 10m and build their own company, doesn't take that much to build a brand when you already are one. All they are doing is being slaves to corporations, the best designers dont all work from these brands, you can find awesome designers on social media. Do 500 million in sales, then you start signing athletes and build your own business

Because they know that their time will come on retirement too and then what? They signing guys just the same as Nike etc


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So.......

[carjoch_831]

it has to be AIR BALL

[sacking123]

Everyone here is thinking extremely shallow, ive wondered for years why guys wouldn't do this is, the shoe companies are only what they are because of the athlete endorsements. Picture this, durant got a 10 year 300 million deal from nike, the year before that they sold 300m in kd gear, so why wouldnt the big guns (kd, lebron, harden, westbrook, steph) put up 10m and build their own company, doesn't take that much to build a brand when you already are one. All they are doing is being slaves to corporations, the best designers dont all work from these brands, you can find awesome designers on social media. Do 500 million in sales, then you start signing athletes and build your own business

Because they know that their time will come on retirement too and then what? They signing guys just the same as Nike etc


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So.......

So they are "enslaving" others at that point which is the exact reason you said they should start their own brand
So why wouldn't the next generation start their own brand. Lol
Just doesn't work in a 10-15 year career

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[Pinkyring]

Because they know that their time will come on retirement too and then what? They signing guys just the same as Nike etc


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So.......

So they are "enslaving" others at that point which is the exact reason you said they should start their own brand
So why wouldn't the next generation start their own brand. Lol
Just doesn't work in a 10-15 year career

Sent from my iPhone using RealGM mobile app

Probably 95% of the country doesnt mind being enslaved so it'll be ok, it takes a long to build a business and sign your own checks, majority of Americans prefer to work for a company and get a guaranteed paycheck every 2 weeks and 2 weeks vacation a year

[sacking123]

So.......

So they are "enslaving" others at that point which is the exact reason you said they should start their own brand
So why wouldn't the next generation start their own brand. Lol
Just doesn't work in a 10-15 year career

Sent from my iPhone using RealGM mobile app

Probably 95% of the country doesnt mind being enslaved so it'll be ok, it takes a long to build a business and sign your own checks, majority of Americans prefer to work for a company and get a guaranteed paycheck every 2 weeks and 2 weeks vacation a year

Wow. Good luck with that champ


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[papidulo]

I hope Lavar Ball gets an actual agent for his son, because he seems like the kind of guy who would think he could do it himself, and get his son to sign crappy contracts, like when Master P was Ricky Williams' agent.

The reason athletes sign with major brands is the same reason musicians sign with major labels as opposed to going independent, or why there arent competitor leagues for the NBA/NFL; distribution and sponsorship. Branding is literally the easiest part of it all. You cant just put up a weebly business site and expect to sell thousands of units in merchandise on your own. Further, ppl go with big brands because that brand is associated with a level of quality; after a quick visit to the Big Baller website, it doesnt seem like theyre even worried about quality; the only ppl I can see buying that stuff is family friends.

There are way more established NBA stars who dont have lucrative apparel deals, so idk why Lavar Ball is putting the cart before the horse. I can already see it, as soon as Lonzo gets to the league, players are gonna make a point of it to make him look bad bc of all the talking his dad does.

[Pinkyring]

So they are "enslaving" others at that point which is the exact reason you said they should start their own brand
So why wouldn't the next generation start their own brand. Lol
Just doesn't work in a 10-15 year career

Sent from my iPhone using RealGM mobile app

Probably 95% of the country doesnt mind being enslaved so it'll be ok, it takes a long to build a business and sign your own checks, majority of Americans prefer to work for a company and get a guaranteed paycheck every 2 weeks and 2 weeks vacation a year

Wow. Good luck with that champ


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U ever sat back and thought how much you make for your company compared to what they pay you? Ive been working for myself 4 years, i was 28 when i committed to it, before i was going through life, making 60k a year selling insurance, no kids life was good, then one day by mistake my company emailed us the number of policies we sold the prior month along with the premiums, id written 112k in insurance premiums in 1 month, extrapolate that by a year and conservatively I was doing 1.2m annually in premiums........ making 60k

[76ciology]

Will the name of the shoe starts with L?

[RaptorsLife]

Forget ball this fultz guy is the real character lmaooo from 2013

Read on Twitter

[sacking123]

Probably 95% of the country doesnt mind being enslaved so it'll be ok, it takes a long to build a business and sign your own checks, majority of Americans prefer to work for a company and get a guaranteed paycheck every 2 weeks and 2 weeks vacation a year

Wow. Good luck with that champ


Sent from my iPhone using RealGM mobile app

U ever sat back and thought how much you make for your company compared to what they pay you? Ive been working for myself 4 years, i was 28 when i committed to it, before i was going through life, making 60k a year selling insurance, no kids life was good, then one day by mistake my company emailed us the number of policies we sold the prior month along with the premiums, id written 112k in insurance premiums in 1 month, extrapolate that by a year and conservatively I was doing 1.2m annually in premiums........ making 60k

That's fantastic, good on you. Not sure why you would assume I work for A company, I work for my companies which are quite small but it's enough for me, so yeah I guess I do sit back and think how much I make for my companies.


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[Nate505]

He's going to start his own shoe brand without doing jack in the NBA yet? Ok, sure, go for it.

[kukenotas]

If he gets to philly embiid will outshine him. And bye bye billions:)

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[JShuttlesworth]

He talks about it on here

Watch on YouTube

[MrCheerios]

Probably 95% of the country doesnt mind being enslaved so it'll be ok, it takes a long to build a business and sign your own checks, majority of Americans prefer to work for a company and get a guaranteed paycheck every 2 weeks and 2 weeks vacation a year

Wow. Good luck with that champ


Sent from my iPhone using RealGM mobile app

U ever sat back and thought how much you make for your company compared to what they pay you? Ive been working for myself 4 years, i was 28 when i committed to it, before i was going through life, making 60k a year selling insurance, no kids life was good, then one day by mistake my company emailed us the number of policies we sold the prior month along with the premiums, id written 112k in insurance premiums in 1 month, extrapolate that by a year and conservatively I was doing 1.2m annually in premiums........ making 60k

I worked in insurance like you used to. Most insurance companies would love to have a 50% loss ratio on that premium, so let's say they conservatively pay $600K in claims out of that $1.2 million. Were you adjusting all the claims on all those policies you wrote or was someone else being paid to do that? Were you handling your own IT, HR, legal, and accounting? Were you paying for your own office supplies and printing your own marketing material? Were you paying the rent for the building you worked in? You might be surprised that some of the largest insurance companies have an operating ratio of over 100%. I've had accounts that had over $2 million in premium for a single policy. Sounds great until a fire breaks out and they have a multimillion dollar loss. Or one customer slips and the insured has a GL claim that goes into litigation for years and you're paying for expenses the entire time. Did your accounts have zero claims or something?

If NBA players wanted to own their own apparel companies, they're more than capable of doing so. Some already do. Unlike many here, I appreciate that Lavar Ball wants to do right by his sons and won't accept just any deal. He'll be a tough negotiator. But creating your own business on the level of Nike is friggin hard and takes more than just capital. And you can't do this stuff part time while you're playing the season. It would take a team of full-time, dedicated, and driven people to make a successful company on that level.

A superstar like Lebron is limited on time and energy. And perhaps his business associates, who are very ambitious, don't feel like being full-time shoe moguls. They are clearly enthusiastic about their social media and entertainment ventures and here you are telling them how lazy they are for not making shoes. Do you think Lebron is lazy for endorsing Kia instead of starting his own car company? What makes you think he wants to manufacture anything? He and his partners are doing what they want and making tons of money. And I believe he will be a billionaire the way he's planned. He's gotten advice from Warren Buffet, who is smarter about money than everyone here combined.

[sacking123]

Wow. Good luck with that champ


Sent from my iPhone using RealGM mobile app

U ever sat back and thought how much you make for your company compared to what they pay you? Ive been working for myself 4 years, i was 28 when i committed to it, before i was going through life, making 60k a year selling insurance, no kids life was good, then one day by mistake my company emailed us the number of policies we sold the prior month along with the premiums, id written 112k in insurance premiums in 1 month, extrapolate that by a year and conservatively I was doing 1.2m annually in premiums........ making 60k

I worked in insurance like you used to. Most insurance companies would love to have a 50% loss ratio on that premium, so let's say they conservatively pay $600K in claims out of that $1.2 million. Were you adjusting all the claims on all those policies you wrote or was someone else being paid to do that? Were you handling your own IT, HR, legal, and accounting? Were you paying for your own office supplies and printing your own marketing material? Were you paying the rent for the building you worked in? You might be surprised that some of the largest insurance companies have an operating ratio of over 100%. I've had accounts that had over $2 million in premium for a single policy. Sounds great until a fire breaks out and they have a multimillion dollar loss. Or one customer slips and the insured has a GL claim that goes into litigation for years and you're paying for expenses the entire time. Did your accounts have zero claims or something?

If NBA players wanted to own their own apparel companies, they're more than capable of doing so. Some already do. Unlike many here, I appreciate that Lavar Ball wants to do right by his sons and won't accept just any deal. He'll be a tough negotiator. But creating your own business on the level of Nike is friggin hard and takes more than just capital. And you can't do this stuff part time while you're playing the season. It would take a team of full-time, dedicated, and driven people to make a successful company on that level.

A superstar like Lebron is limited on time and energy. And perhaps his business associates, who are very ambitious, don't feel like being full-time shoe moguls. They are clearly enthusiastic about their social media and entertainment ventures and here you are telling them how lazy they are for not making shoes. Do you think Lebron is lazy for endorsing Kia instead of starting his own car company? What makes you think he wants to manufacture anything? He and his partners are doing what they want and making tons of money. And I believe he will be a billionaire the way he's planned. He's gotten advice from Warren Buffet, who is smarter about money than everyone here combined.

Touché well said. If any player is doing it all the way it's Lebron. Kobe was/is unbelievable as well.


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[SweetBro]

Probably 95% of the country doesnt mind being enslaved so it'll be ok, it takes a long to build a business and sign your own checks, majority of Americans prefer to work for a company and get a guaranteed paycheck every 2 weeks and 2 weeks vacation a year

Wow. Good luck with that champ


Sent from my iPhone using RealGM mobile app

U ever sat back and thought how much you make for your company compared to what they pay you? Ive been working for myself 4 years, i was 28 when i committed to it, before i was going through life, making 60k a year selling insurance, no kids life was good, then one day by mistake my company emailed us the number of policies we sold the prior month along with the premiums, id written 112k in insurance premiums in 1 month, extrapolate that by a year and conservatively I was doing 1.2m annually in premiums........ making 60k

You know most insurance companies break even or even lose money on underwriting, they just use it as cash flow for investment operations. By all means go start your own insurance company.

[ItsThatEasy]

I hope Lavar Ball gets an actual agent for his son, because he seems like the kind of guy who would think he could do it himself, and get his son to sign crappy contracts, like when Master P was Ricky Williams' agent.

The reason athletes sign with major brands is the same reason musicians sign with major labels as opposed to going independent, or why there arent competitor leagues for the NBA/NFL; distribution and sponsorship. Branding is literally the easiest part of it all. You cant just put up a weebly business site and expect to sell thousands of units in merchandise on your own. Further, ppl go with big brands because that brand is associated with a level of quality; after a quick visit to the Big Baller website, it doesnt seem like theyre even worried about quality; the only ppl I can see buying that stuff is family friends.

There are way more established NBA stars who dont have lucrative apparel deals, so idk why Lavar Ball is putting the cart before the horse. I can already see it, as soon as Lonzo gets to the league, players are gonna make a point of it to make him look bad bc of all the talking his dad does.

Not to single you out (although I am quoting you lol) but it seems most of the comments about Lavar are hot takes with no actual knowledge of anything he says, just reading the media quotes.

He has stated numerous time he has absolutely no intent on being their agent, he already has a list of agents he plans on deciding between.

All he wants to do is create a brand around his sons, he's a marketer, simple and plain. Who would possibly have a problem with a guy selling "Big Baller Brand" t-shirts at $50 a pop and kids are actually BUYING them because they think Lonzo is cool and LaMelo is shooting half court shots at will.

Make a buck while you can man, that's the American way.

[Pinkyring]

Wow. Good luck with that champ


Sent from my iPhone using RealGM mobile app

U ever sat back and thought how much you make for your company compared to what they pay you? Ive been working for myself 4 years, i was 28 when i committed to it, before i was going through life, making 60k a year selling insurance, no kids life was good, then one day by mistake my company emailed us the number of policies we sold the prior month along with the premiums, id written 112k in insurance premiums in 1 month, extrapolate that by a year and conservatively I was doing 1.2m annually in premiums........ making 60k

You know most insurance companies break even or even lose money on underwriting, they just use it as cash flow for investment operations. By all means go start your own insurance company.

Left the insurance business but when you have a networth 2 billion you're breaking even

[cdubbz]

They already have a name for their apparel line. It's Big Baller Brand. I'm sure it will just use that name.

"I am going to put on my Big Ballers" does not sound nearly as cool as "putting on my Kyries". Cool sells.

Slava has some catchy ones.

La Ballz (LaVar will want his name in it somehow)
4 Ballz (LaVar and his 3 kids)

Right? BBB brand is an ugly logo and doesn't roll off tongue nicely. Looked online and his tees are going for $40-50.