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Thread: Lavar Ball

  1. #46
    Quote Originally Posted by tsubamoto2001 View Post
    We'll see what happens, but the odds are highly against BBB becoming anything more than a T-shirt and hat brand, like a basketball version of TMT Mayweather gear. They might reach the level of a Dada Supreme or something like that. If LaVar and his rotten teeth prove me wrong, then I'll eat crow. Producing footwear is a huge undertaking, and it remains to be seen if they have the logistics of the operation figured out. I like Lonzo as a player, so part of me hopes this thing works out. Too bad he's got a clown for a dad.
    For sure, when the whole model depends on the kid becoming the best player in the NBA in order to succeed, you definitely have to question the sanity of their business model. What are the odds of that? Lonzo is no physical freak like Lebron where it was clear he was going to dominate. Odds dont favor this ending well for their company. That whole millions for billions quote is pretty much spot on what he is doing. Lavar is thinking billions, but he is risking millions of his kids' money to try to get billions. Could it work? Well I guess, if Lonzo becomes the best player in the league. More likely though Lavar is going to be eating some humble pie when he finds out that his kid is good, but not quite that good.

  2. #47
    Should have taken the 2 mil per over 3 years. Take that money and invest in an eCommerce product that has a chance of success out the gate. Shirts, hats, jewelry, etc. Shoes are nightmare, too many sizes, complex construction. Build the brand in the first 3 years, and then drop the shoe after proven NBA success. People are driving incredible revenue in the eCommerce drop shipping model right now, with $1,200,000 in post tax seed money and free publicity they could very reasonably be pushing $20,000,000+ in annual revenue by the time Lonzo's rookie contract is up.

  3. #48
    Quote Originally Posted by TrueBlue42 View Post
    Should have taken the 2 mil per over 3 years. Take that money and invest in an eCommerce product that has a chance of success out the gate. Shirts, hats, jewelry, etc. Shoes are nightmare, too many sizes, complex construction. Build the brand in the first 3 years, and then drop the shoe after proven NBA success. People are driving incredible revenue in the eCommerce drop shipping model right now, with $1,200,000 in post tax seed money and free publicity they could very reasonably be pushing $20,000,000+ in annual revenue by the time Lonzo's rookie contract is up.
    Sound advice.
    Can I hire you?

  4. #49
    Quote Originally Posted by NewYorkCityBear View Post
    One third of the sales were in one size: 8.5. Wanna bet that is Tina Ball's size?
    Lol.
    But how is it that this granular view is public?

  5. #50
    Quote Originally Posted by concordtom View Post
    Sound advice.
    Can I hire you?
    Disagree in that Lonzo should focus on being as good as NBA player he can be. The goal is to continue to improve, id and fix weaknesses in his game, and get better so he can be in running to make All Star teams, All NBA, and help lead his team for deep playoff runs.

    Don't get the horse ahead of the cart.... and lose focus on the task at hand... how many athletes have tried to invest in this or that and when the dust settled, were broke? Bad investments, proposals daily on how to invest the money...... Too many distractions (he is 19 years old) takes the eye off the target of preparing for his rookie season and make a impact for his team.


    Focus on getting better skills as a basketball player, and avoid hangers who tell his $^%$ don't stink.

    $$$ will come in good time if he performs on the court.....

    2017 top 10 in off court earnings:
    Lebron/55 m, KD, 36 m, Steph, 35 m, Hardin, 20 m, Westbrook, 15 m, Rose, 14 m, Kyrie, 13 m, Wade, 13 m, C Paul/Melo/Blake, 8 m,
    P George, 7.5 m

    Last edited by gobears; 05-12-2017 at 09:09 AM.

  6. #51

  7. #52
    I think the idea of starting their own company is actually pretty good. But the issue is Lavar Ball and his personality. His ego is going to cause his company to fail

  8. #53
    Lavar Ball reminds me of Donald Trump same self defeating style👎

  9. #54
    True Blue Golden Bear going4roses's Avatar
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    Quote Originally Posted by DCW67MSW View Post
    Lavar Ball reminds me of Donald Trump same self defeating style👎
    Lol

  10. #55
    Just for laughs here... off a yahoo page:

    Report: LaVar Ball turned down $10 million shoe contracts for his son Lonzo
    Ben Rohrbach,Ball Don't Lie



    This shoe might represent $20 million in lost earnings. (Big Baller Brand)
    In today’s episode of “As LaVar Ball’s World Turns,” the blowhard father of UCLA guard and likely top-two NBA draft pick Lonzo Ball might have cost his son as much as $20 million before his 25th birthday.

    That’s right. Nike, Under Armour and Adidas were all prepared to offer Lonzo a shoe contract in the neighborhood of $10 million over five years before the Los Angeles Lakers landed the No. 2 pick in the draft lottery, and that sum might have jumped as high as $20 million through 2022 if Ball landed in the L.A. media market, ESPN sports business reporter Darren Rovell reported on “The Dan Patrick Show.”


    LaVar originally sought a 10-year, $1 billion shoe deal for the son he has described as, in some respects, superior to Stephen Curry, Magic Johnson and Michael Jordan. When the big three shoe companies never entertained his offer, the elder Ball released Lonzo’s signature ZO2 shoe under his own Big Baller Brand for the low, low starting price of $495. And even Shaquille O’Neal found that ridiculous.

    The Balls reportedly sold all of 300 pairs, many of which likely went for a gag, in the immediate aftermath of a media circus surrounding an unproven 19-year-old charging as much as Jordan, Curry and LeBron James do combined for a pair of sneakers. Rovell had some thoughts on that, too:

    “People don’t want to give him credit for the fact that he was not dumb to create this $500 shoe, which is coming out on Nov. 24, because he has to order the shoes, because he’s not going to have it in a discount store, because it’s custom-ordered, and he could make a small order, and that’s $500,” Rovell told Patrick’s listeners. “It’s basically the least he could have it, because if only five people ordered shoes, it might be $300 a pair to make, so he’s figured that out. He’s smarter than people give him credit for, and he’s a better talker than people give him credit for.”
    Well, that’s a whole lot to unpack. First of all, good job plugging the release date of the shoes, Darren.

    Also, we’re supposed to give LaVar credit for charging $500 when limited orders could cost as much as $300 a pair? Naturally, the more shoes they sell, the better deal they’ll get from the manufacturer, but under the scenario Rovell laid out the Balls would net all of $60,000 from opening-day sales — only slightly less than the $2 million annually Lonzo would be earning from Nike, Under Armour or Adidas.

    Now, as for the claim, “He’s a better talker than people give him credit for,” that’s debatable, what with LaVar telling FS1 “The Herd with Colin Cowherd” co-host Kristine Leahy to “stay in [her] lane,” then selling “STAY IN YO LANE” T-shirts on his website and wearing one to coach another son’s much-hyped 50-point AAU loss over the weekend. All that seems like neither good talking nor good business.


    Finally, Rovell suggested LaVar return to Nike, Under Armour and Adidas seeking a more lucrative shoe deal now that Lonzo could end up playing for his hometown Lakers in the NBA’s second-largest media market. LaVar being LaVar, he told Cowherd, “I’m a genius. That’s why I don’t admit mistakes,” and instead sought $3 billion just for a shoe company to partner with his Big Baller Brand. Genius, indeed.

    For the record, Nike gave LeBron James $93 million out of high school in 2003 and $20 million plus incentives that could double that figure for No. 1 pick Ben Simmons just last year. Shockingly, it doesn’t seem as though LaVar and the shoe companies see eye to eye on his son’s earning potential.

    While LaVar has said, “There’s nobody else we need to work out for,” besides the Lakers, Lonzo has said he’d rather play in L.A. than be the No. 1 pick (which comes with its own opportunity cost of $3.3 million in lost earnings over the next four years) — backing up that claim by turning down a workout with the Boston Celtics — and everybody assumes he’ll end up being selected second, there does seem to be some concern among the Balls that their dream scenario may not pan out as expected. Why else would they be talking to the Philadelphia 76ers (picking third) about a pre-draft workout?

    The next four media markets drafting behind Philadelphia are Phoenix, Sacramento, Orlando and Minnesota — in that order. If Lonzo ever fell out of the top three, what happens to that old $10 million shoe offer? Knowing LaVar, he’ll probably start asking for $5 billion, because he is a genius, after all.

  11. #56

  12. #57
    LPT: Learn the difference between a copyright and a trademark before attempting to enage in competition with the likes of Nike, Adidas and Under Armour.

  13. #58
    Quote Originally Posted by stu View Post
    Every time there's a new reply in this thread I get excited to hear what he did next.

  14. #59
    Fantastic marketing by Lavar. Now Lonzo gets to be made out as the good guy making fun of his dad and everyone can relate and loves him for it. Absolutely brilliant.

    Lavar is a true genius. I can't wait to see how his shoe plan plays out.

  15. #60
    True Blue Golden Bear bearister's Avatar
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