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Started By
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re: Introducing the ZO2 Prime - Lonzo Ball's first signature shoe
Posted on 5/4/17 at 5:28 pm to arwicklu
Posted on 5/4/17 at 5:28 pm to arwicklu
quote:I doubt it.
If he doesn't bust, then they'll be chasing him.
quote:Because he's good at basketball and will be a high draft pick. Think of all the high draft picks over the past few years that you don't hear shite about anymore. Once he gets drafted and lands in the NBA, all this talk will fizzle.
Everyone knows him name for a reason.
And Ben got 20 guaranteed over 5 years.
This post was edited on 5/4/17 at 5:30 pm
2
Posted on 5/4/17 at 5:29 pm to wildtigercat93
quote:
Also since when is a startup company free to start? At some point Lavar/lonzo have put skin in the game to make BBB a thing. Even if someone else is footing the bill, there is still equity they owe that person eventually
If they go bust, then equity isn't going to be paid back. It'll be tied to the corporation. If he funded it himself, then I'm sure its fine because they aren't living poor.
Posted on 5/4/17 at 5:29 pm to arwicklu
It's not as easy as you act. If he's good, he'll be encouraged to stick with his own brand. If he's a bust, he's fricked.
Posted on 5/4/17 at 5:30 pm to arwicklu
#1 pick is only guaranteed like 12 mil
I understand that's a lot of money, but that can get drained real quick, especially while you're in the NBA and Lavar ball is your father
You can't just put your head in the sand over the oppurtunity cost of what he's doing
I understand that's a lot of money, but that can get drained real quick, especially while you're in the NBA and Lavar ball is your father
You can't just put your head in the sand over the oppurtunity cost of what he's doing
Posted on 5/4/17 at 5:30 pm to burdman
quote:
Truly a where were you moment.
I'll never forget that time at chemotherapy when I saw Lonzo Ball's first shoe
My life changed forever
Posted on 5/4/17 at 5:30 pm to slackster
And people seem to be brushing aside the difficulties of running an international shoe company from design and production to distribution and sales.
Posted on 5/4/17 at 5:31 pm to StrongBackWeakMind
If it's good enough for Stephon Marbury, it's good enough for ball right? 
Posted on 5/4/17 at 5:32 pm to StrongBackWeakMind
quote:
Ben got 20 guaranteed over 5 years
My bad on that. Was remembering the adidas offer before a bidding war started. I still think Lonzo will be fine.
Posted on 5/4/17 at 5:32 pm to arwicklu
It's a gamble, and not a smart one IMO.
Posted on 5/4/17 at 5:33 pm to slackster
quote:
If he's a bust, he's fricked.
If you call getting enough money to be set for life being fricked, then I suppose you're right. He's playing with house money. He's already rich.
Posted on 5/4/17 at 5:34 pm to StrongBackWeakMind
Yeah, and Simmons can make up to $40MM in the first 5 years if he hits certain achievements. Absolutely no way Lonzo gets there, especially dragging around Lavar and his scrub middle brother.
Posted on 5/4/17 at 5:35 pm to wildtigercat93
Steph said he wanted to help them yesterday, obviously they didn't listen since their shoe price point is 33x more.
Posted on 5/4/17 at 5:35 pm to arwicklu
quote:
If you call getting enough money to be set for life being fricked, then I suppose you're right. He's playing with house money. He's already rich.
Considering 75% of NBA players declare bankruptcy within five years of leaving the game, I don't think he rich for life. Overwhelming odds say he'll be poor again.
Posted on 5/4/17 at 5:36 pm to hendersonshands
If they came out two months before I bet a lot of the kids in the Fyre Fest photos would be wearing them
Posted on 5/4/17 at 5:36 pm to arwicklu
quote:
If you call getting enough money to be set for life being fricked, then I suppose you're right. He's playing with house money. He's already rich.
So $20 million guaranteed is just lagniappe? That's nearly double what he's guaranteed on his NBA contract.
Posted on 5/4/17 at 5:36 pm to wildtigercat93
quote:
You can't just put your head in the sand over the oppurtunity cost of what he's doing
Every business is a risk. You're just assuming they'll fail. They're assuming that they won't. It takes balls to open a business. You're only looking at the failure side. If they figure it out, then they could have the next Under Armor.
Posted on 5/4/17 at 5:36 pm to ClientNumber9
Funding a start-up basketball shoe company seems a good way to blow that rookie NBA money.
Posted on 5/4/17 at 5:38 pm to ClientNumber9
quote:
Considering 75% of NBA players declare bankruptcy within five years of leaving the game, I don't think he rich for life. Overwhelming odds say he'll be poor again
Then I guess the shoe money doesn't matter.
Posted on 5/4/17 at 5:39 pm to StrongBackWeakMind
quote:
Funding a start-up basketball shoe company seems a good way to blow that rookie NBA money.
You don't think people will invest in a guy that can snap his fingers and be on every message board in the world as well as front page news on ESPN.
Posted on 5/4/17 at 5:41 pm to arwicklu
quote:
You don't think people will invest in a guy that can snap his fingers and be on every message board in the world as well as front page news on ESPN.
That doesn't equal sales.
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