Connect with us

Hi, what are you looking for?

Entertainment

Master P and former NBA player Baron Davis are in talks to buy Reebok for $2.4 billion

Rapper Master P and former NBA player Baron Davis are in talks to buy shoe company Reebok for some $2.4 billion.

The pair have entered into negotiations with parent company Adidas to acquire the once-mighty shoe brand, according to Forbes.

Adidas bought Boston-based Reebok for $3.8 billion in 2005, but after struggling to turn the brand around investors repeatedly called for the company to dispose of the brand.

Master P confirmed the news to ESPN reporter Eric Woodyard, telling him: “These companies have been benefiting off us, this could be history for this company going black-owned.”

Advertisement. Scroll to continue reading.

Sharing his vision for Reebok, Master P paid homage to former Philadelphia 76ers player Allen Iverson. “Crown @alleniverson and give him his righteous icon status for being probably the most elite athlete wearing Reebok,” he said. “Allen Iverson is Jordan for Reebok. Nobody never gave him the royalties or ownership as the icon for the brand.”

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Advertisement

VIDEOS

Entertainment

A movie inspired by the “Karen” phenom was bound to happen and, now, we have one! The trailer for Coke Daniels’ Karen dropped on June 17,...

News

A Quebec legislator is calling for an investigation into a video that shows a Montreal police officer kneeling on the neck of a Black...

News

A Black woman and her two young children reportedly were attacked by a white woman who spewed racial slurs at them at a New...

STAY ON THE UPNUP

Videos

A security guard savagely dragged Keisha Young by her HAIR down a flight of stairs after falsely accusing her of bringing a bottle of...

Videos

@tindertingzzz THE HOSPITAL KILLED HER BABY! BABY NEEDS JUSTICE ! THIS HAPPENED IN ORLANDO FLORIDA! SHARE #justicefornayimcarter #justicefornayim #28XTREMES #fypシ ♬ Missing You –...

Culture

Minutes after securing her first Olympic berth on Saturday following a dominant victory in the 100 meters, American sprinter Sha’Carri Richardson revealed during an...

News

Videos and photos show Jeanette K. Grode, 43, spray painting the statue's base.

Dallas

Airbnb will pursue legal action against the booking guest of a recent disruptive party where guests trashed a North Dallas rental.

News

A judge in Ohio has dismissed murder charges filed against the brother of Olympic gymnastics champion Simone Biles, ruling Tuesday that prosecutors did not...

News

A Black woman and her two young children reportedly were attacked by a white woman who spewed racial slurs at them at a New...

News

Texas Gov. Greg Abbott (R) on Thursday announced plans to build a wall on the southern border while at a summit to discuss border...