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Big Baller Brand grosses $150k in 1st day sales
Posted on 5/9/17 at 8:53 am
Posted on 5/9/17 at 8:53 am
LINK
A win for all of us who celebrated Lavar Ball's genius
quote:
But the Balls might have the last laugh. On the first day of sales, Big Baller Brand made $157,685, according to Nice Kicks' Matt Halfhill.
Which might make it seem like the Ball family moved ridiculous amounts of shoes. Until you realize that Lonzo's first sneaker retails for a hefty $495. With prices like that, Big Ballers doesn't need to move a lot of shoes, it just needs to find its market. And based on early market figures, it almost certainly has.
A win for all of us who celebrated Lavar Ball's genius
Posted on 5/9/17 at 8:54 am to joshnorris14
Couple days late on this breaking news.
Posted on 5/9/17 at 8:55 am to joshnorris14
quote:
Nike Made $93 Million Per Day and $1,080 Per Second Last Quarter
Congrats to him. After COGS he made what Nike makes in a couple minutes.
Posted on 5/9/17 at 8:57 am to joshnorris14
quote:After all that hype, he sold a MAX of 318 pairs...
A win for all of us who celebrated Lavar Ball's genius
That's fricking terrible.
Posted on 5/9/17 at 8:58 am to joshnorris14
Dude sold 300 shoes and he's splitting that with his father. It would still have been far smarter to sign with Nike. I'll take the guaranteed $5-$10 million per year over whatever the balls will make any day
This post was edited on 5/9/17 at 8:58 am
Posted on 5/9/17 at 8:59 am to SCLSUMuddogs
quote:It was a 4 year, $8mil total offer he turned down from Nike.
I'll take the guaranteed $5-$10 million per year over whatever the balls will make any day
Posted on 5/9/17 at 8:59 am to SCLSUMuddogs
It's a GROSS number. The Balls haven't made any money yet. None.
Posted on 5/9/17 at 9:00 am to SCLSUMuddogs
quote:
I'll take the guaranteed $5-$10 million per year over whatever the balls will make any day
That's because you can't do math.
Posted on 5/9/17 at 9:01 am to joshnorris14
People are acting like they are running a lemonade stand and pocketing all the money.
Posted on 5/9/17 at 9:02 am to shel311
Then I guess he's not a big baller. Ben Simmons' contract can exceed $40 million with incentives. $20 million guaranteed
Posted on 5/9/17 at 9:03 am to joshnorris14
Do you even know how businesses work? 300 units sold is god awful. Also, you know these shoes cost money to make right?
This post was edited on 5/9/17 at 9:05 am
Posted on 5/9/17 at 9:03 am to shel311
quote:Where'd you get that from?
It was a 4 year, $8mil total offer he turned down from Nike.
Posted on 5/9/17 at 9:06 am to joshnorris14
Just popping in to encourage more Ball threads. This family definitely earns all of the attention they are receiving, especially dad.
Posted on 5/9/17 at 9:06 am to joshnorris14
Probably less than half of that in reality after production.
Posted on 5/9/17 at 9:07 am to joshnorris14
Grossed $150k? They are totally raking it in.
From the article the OP's link refers to:
That is not an incredible amount of sales.
From the article the OP's link refers to:
quote:
While $157,685 is an incredible amount of sales in one day, it is far from the $2.5Million that numerous outlets have reported today online.
That is not an incredible amount of sales.
This post was edited on 5/9/17 at 9:10 am
Posted on 5/9/17 at 9:12 am to SCLSUMuddogs
quote:
Do you even know how businesses work? 300 units sold is god awful. Also, you know these shoes cost money to make right?
Do you know that context matters? 300 units would be awful for a huge corporation but might outstanding for a small firm.
Obviously there are costs and not knowing what they are we can't know how profit, if any they made, but $157,000 in revenue in a week or so may be outstanding for all you know.
Posted on 5/9/17 at 9:12 am to ell_13
quote:They haven't spent much either, from what I gather.
It's a GROSS number. The Balls haven't made any money yet. None.
Posted on 5/9/17 at 9:13 am to SCLSUMuddogs
quote:Ok?
Then I guess he's not a big baller. Ben Simmons' contract can exceed $40 million with incentives. $20 million guaranteed
Not sure wha that has to do with anything.
Posted on 5/9/17 at 9:13 am to StrongBackWeakMind
quote:A LaVar Ball interview.
Where'd you get that from?
Posted on 5/9/17 at 9:14 am to shel311
quote:Oh Jesus. You aren't a little skeptical about the shite that comes out of his mouth?
A LaVar Ball interview.
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