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Ben Simmons couldn’t meet LeBron hype — now he’s out $40M
Posted on 3/30/16 at 9:06 am
Posted on 3/30/16 at 9:06 am
quote:
LSU’s forgettable 19-14 season left the Tigers well shy of an NCAA Tournament bid, and has also dented Simmons’ value in the eyes of Nike and Adidas
quote:.
Industry insiders have previously estimated Simmons could demand a shoe contract worth between $50 million and $100 million. However, DePaula says Simmons’ struggles at LSU have taken the shine off his image as basketball’s next superstar.
He told The Vertical Podcast with Woj that Simmons’ expected sneaker deal could be worth as little as $12 million
quote:
DePaula said Simmons was in a stronger position for contract negotiations before he stepped in the door at LSU.
quote:
“I think it’s totally fair to frame it that way,” he said. “I think if you look maybe a year before he went to LSU, he was the guy. He was tabbed as the next guy for sure.
quote:
"The other element that’s tough right now as it stands is that he’s trying to get the deal done before the draft, so it’s not going to affect which market it ends up being drafted to. He’s just having Nike and Adidas right now going head to head in negotiations. I don’t know if he has enough leverage to pull off the deal that he was originally hoping for.”
LINK
Posted on 3/30/16 at 9:09 am to Hammond Tiger Fan
The Rantards are going to pile on Simmons on here I'm sure, but this is terrible for LSU Basketball, no matter how you slice it.
Posted on 3/30/16 at 9:09 am to Hammond Tiger Fan
It's 100 mill rumor floated everywhere while he's still in school then as soon as he declares its 12mill.
Posted on 3/30/16 at 9:10 am to Hammond Tiger Fan
quote:
He told The Vertical Podcast with Woj that Simmons’ expected sneaker deal could be worth as little as $12 million
Wish I had this problem. Oh you're only going to get 12 million.
Posted on 3/30/16 at 9:11 am to Hammond Tiger Fan
quote:I am not an "industry insider" but there is no way in Hell he signs for that little. No way.
He told The Vertical Podcast with Woj that Simmons’ expected sneaker deal could be worth as little as $12 million
Posted on 3/30/16 at 9:12 am to Hammond Tiger Fan
Same thing happened with Andrew Wiggins. Jahlil Okafor. Its the college game thats killing the hype, not LSU.
Posted on 3/30/16 at 9:13 am to Hammond Tiger Fan
I must have missed the part of the season when he wasn't averaging 20-12-5.
Good for Ben, say screw Nike and go under armour. That's where all the champs are anyway.
Good for Ben, say screw Nike and go under armour. That's where all the champs are anyway.
Posted on 3/30/16 at 9:16 am to Hammond Tiger Fan
If he played for Bama it would be $100 million
Posted on 3/30/16 at 9:20 am to Hammond Tiger Fan
Maybe, just maybe, Ben and or his advisers would have thought about controlling the hype and focused on team chemistry and making a deep run in the ncaam bball tourney which may, just may, have justified the hype and resulting big shoe contract...
Posted on 3/30/16 at 9:21 am to Hammond Tiger Fan
Certainly doesnt look good for the train wreck that is LSU basketball.
Posted on 3/30/16 at 9:25 am to Hammond Tiger Fan
you conveniently left out a big part of the story:
DePaula believes Simmons also has some personal traits that would make Nike and Adidas nervous about offering a monster deal.
“There’s just stretches of indifference for him,” he said. “I think if you’re a brand, that’s a red flag you’re nervous about. A guy that’s going to be engaged at all times and also a guy that’s going to be excited to promote and talk about the brand that he’s partnering with, or is he going to be someone who goes through the motions at times.
DePaula believes Simmons also has some personal traits that would make Nike and Adidas nervous about offering a monster deal.
“There’s just stretches of indifference for him,” he said. “I think if you’re a brand, that’s a red flag you’re nervous about. A guy that’s going to be engaged at all times and also a guy that’s going to be excited to promote and talk about the brand that he’s partnering with, or is he going to be someone who goes through the motions at times.
Posted on 3/30/16 at 9:26 am to Hammond Tiger Fan
It's got nothing to do with LSU. He just gained more exposure this year and was, for the first time in many years, not playing with a stacked deck. Every team in America that Ben has ever played for was loaded and more talented than 95% of his opponents. It was like Ben playing for the NBA West All Stars against the Philadelphia 76ers.
If Ben's market value took a hit, it's not because of LSU. It's because the entire nation saw his effort on the floor and lack of willingness to compete for victory.
If Ben's market value took a hit, it's not because of LSU. It's because the entire nation saw his effort on the floor and lack of willingness to compete for victory.
Posted on 3/30/16 at 9:37 am to Hammond Tiger Fan
Should have never come to lsu. It's a fricking dumpster fire. JJ is laughable and Joe is worse for employing this fool one more year. Season tickets turned in. Will not support until JJ is gone.
Posted on 3/30/16 at 9:45 am to Hammond Tiger Fan
$12 million is still life-changing money....especially just for a shoe deal. He's set for the rest of his life...unless he blows it!
Posted on 3/30/16 at 9:46 am to Hammond Tiger Fan
This kid is why i have a dislike of basketball in general, so many big heads who think it's about themself, especially when it affects the team as whole which plagued a bunch of the players of the basketball team and CJJ didn't hold himself above these players and control them
Posted on 3/30/16 at 9:50 am to Hammond Tiger Fan
It's a bold strategy that is going to bite them in the arse.
Posted on 3/30/16 at 10:12 am to Hammond Tiger Fan
I mean it's obviously not good for LSU bc of the article, but maybe he just isn't Labron or curry...
He had the chance to take over games late and never did. Yes he put up great overall stats but he never took the team on his back at the end of close games and dominated.
If he knew 80 million was on the line maybe he would have. And that might be the problem here, and why he's only worth 12.
Is there anything wrong with holding off a year then signing a shoe contract? It's not like he'll be going hungry, and if he is what he thinks he is Nike/adidas will fight like hell for him. If he's not... Well then he never was and that's on him not LSU
He had the chance to take over games late and never did. Yes he put up great overall stats but he never took the team on his back at the end of close games and dominated.
If he knew 80 million was on the line maybe he would have. And that might be the problem here, and why he's only worth 12.
Is there anything wrong with holding off a year then signing a shoe contract? It's not like he'll be going hungry, and if he is what he thinks he is Nike/adidas will fight like hell for him. If he's not... Well then he never was and that's on him not LSU
This post was edited on 3/30/16 at 10:15 am
Posted on 3/30/16 at 10:14 am to Hammond Tiger Fan
Anyone that thought he was going to make $100M based on some random internet rumor is a fool. He was never going to get that, it was clearly a ceiling figure, which people seemed to think he was worthy of
This doesn't have anything to do with LSU. This has to do with ROI. If anything, Ben showed he is not yet capable of elevating an otherwise poor team, which is a situation we will likely find him in. Will be hard to gain popularity in a team that never gets on tv. Are we to believe that all of his fame will transpire because he come from a country with less than 30M ppl?
Again, the only way he would have gotten this kind of cash is if he lived up to the hype, which would have been tough on any team. Don't get me wrong, I think he will turn out to have a good NBA career, but he won't be turning heads immediately unless he winds up in LA, they spend big around him and it somehow works, or possibly if Nola lucks out.
This doesn't have anything to do with LSU. This has to do with ROI. If anything, Ben showed he is not yet capable of elevating an otherwise poor team, which is a situation we will likely find him in. Will be hard to gain popularity in a team that never gets on tv. Are we to believe that all of his fame will transpire because he come from a country with less than 30M ppl?
Again, the only way he would have gotten this kind of cash is if he lived up to the hype, which would have been tough on any team. Don't get me wrong, I think he will turn out to have a good NBA career, but he won't be turning heads immediately unless he winds up in LA, they spend big around him and it somehow works, or possibly if Nola lucks out.
Posted on 3/30/16 at 10:16 am to Hammond Tiger Fan
(no message)
This post was edited on 3/30/16 at 10:17 am
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