Connect with us

Hi, what are you looking for?

News

Master P and Baron Davis in talks to Buy Reebok

Master P and ex-NBA All-Star Baron Davis are in talks to purchase Reebok from parent company Adidas for $2.4 billion.

Adidas ready to part ways with struggling Reebok brand

Adidas bought Reebok in 2005 for $3.8 billion, and are currently open to selling. Reports emerged Monday that a rap mogul and former NBA star were interested in purchasing. Master P whose real name is Percy Miller said the purchase would be ‘history’ if Reebok were to become ‘black-owned’. Miller is a rapper, actor, producer, and serial entrepreneur whose net worth is estimated at $200 million.

Baron Davis, a former professional basketball player who played in the NBA league for 15 seasons with multiple teams. Davis works as a studio analyst for Turner Network Television. Following retirement, Davis tapped into the film and television industry and also started his own business selling apparel.

‘These companies have been benefiting off us, this could be history for this company going black-owned,’ Master P expressed to ESPN reporter Eric Woodyard. Woodyard tweeted about the prospective deal on Twitter  on Monday.

 

‘Imagine if Michael Jordan owned Reebok? That’s what I’m talking about making history,’ he said.

‘As we focus on turning Reebok into a lifestyle brand not just a basketball brand, our most important initiative will be to put money back into the community that built this company.’

‘I think Reebok is being undervalued,’ Davis explained to Forbes.

‘I left Nike as a 22-year-old kid representing myself and made the jump to Reebok, which took a chance on me as a creative and as an athlete.

‘I want the people I know athletes, influencers, designers, celebs to sit at the table with me.’

Fans seemed to have already made up their mind to support the brand…

 

Can the worldwide brand be reimagined?

Reebok is a worldwide brand founded in Germany in 1958 The brand produces and distributes fitness, running, cross-fit sportswear, footwear and apparel. The global headquarters are located in Boston, Massachusetts.

Can Master P and Baron Davis reimagine the Reebok brand and make it as popular as it was in the past?

Subscribe to DSHHTV today!

Click to comment

Leave a Reply

Your email address will not be published.

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Advertisement


You May Also Like

Teen Riders

The Rap Game is an American reality television series. The series premiered on January 1, 2016, on Lifetime. Ever since the last season, there...

Entertainment

Blueface invited eight women into his California mansion for a “Flavor Of Love” style reality show streaming on OnlyFans. If you have ever watched...

Entertainment

YouTuber Dymond Flawless opens up about drugs, her mental health, and depression as she also apologizes to her fans, family, and friends. In the...

Teen Riders

Jermaine Dupri’s The Rap Game has captivated millions of people into watching a group of 5 teens battling out for a record deal at...