Adidas, their parent company, is looking to sell Reebok by 2021 and he seems to be the primary target right now. Reebok may be black owned soon!! Adidas acquired Reebok for $3.8 billion in 2005. Adidas acquired Reebok in 2005 for $3.8 billion, however, its value has decreased significantly in the decade and a half since that deal, and Adidas is looking to offload the brand. Master P wants to acquire Reebok. Master P could potentially be one of the owners of Reebok in the near future. Master P Spits Game On 2 Billion Dollar Reebok Deal From HUGE Mansion, Rick Ross & More!#MasterP #Reebok #RickRoss The pair has … Download our newest episodes now!TheGrio is now on Apple TV, Amazon Fire and Roku. Both Master P and former two-time NBA All-Star Baron Davis are reportedly seeking to make a multi-billion dollar purchase as Forbes reported that the pair are looking to buy Reebok from Adidas. Hip-hop culture loves Master P. But will it go down? How Rich Is Master P? Read More: Fauci agrees with Biden that ‘darkest days’ of pandemic are ahead. According to ESPN’s NBA reporter Eric Woodyard, the fabled Reebok may soon be in the hands of Hip Hop’s own Percy Miller, better known as No … Panowie oferują Adidasowi 2.4 miliarda dolarów. Music mogul Master P and former NBA Player Baron Davis are reportedly in talks to buy sportswear brand Reebok for $2.4 billion dollars. Master P Wants to Acquire Reebok. Master P Says Allen Iverson Will Be Reebok’s “Answer” to the Jordan Brand Cassius - Alex Zephyr. The deal would make the legendary shoe giant the first Black-owned major sneaker brand. Master P, who set up businesses in Louisiana and California over the last 30 years, wants to create opportunities for his people. All rights reserved. Adidas, their parent company, is looking to sell Reebok by 2021 and he seems to be the primary target right now. https://www.bet.com/music/2020/12/31/master-p-in-talks-to-buy-reebok.html Adidas kupił Reeboka w 2005 roku za 3.8 miliarda dolarów. Reebok is for sale, parent company Adidas Group confirmed last month, and since then, the rapper Percy Miller (“Master P”) has emerged as an interested buyer. Adidas is looking to sell its Reebok brand it acquired nearly 15 years ago, and a contender has stepped up to the table, a group led by "Master P" Miller and former NBA All-Star Baron Davis. https://finance.yahoo.com/video/master-p-possible-reebok-deal-160400292.html Martes Sport to sklep z odzież sportową dla ludzi ceniących komfort, swobodę i wysoką jakość. BET Newsletters are subject to our Privacy Policy and Terms “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,” he said. Założyciel legendarnego No Limit Records znany jest ze swojej aktywności na płaszczyźnie biznesowej. The men’s purchase could reenergize Reebok in the sneaker and streetwear markets as a Black-owned brand in a year that has seen many calling for change in socioeconomic and racial justice. 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Master P To Purchase Reebok. “As we focus on turning Reebok into a lifestyle brand, not just a basketball brand,” said Miller, “our most important initiative will be to put money back into the community that built this company.”, Read More: House approves Trump’s $2K checks, sending to GOP-led Senate. Master P would be the latest artist within hip-hop to collaborate with the brand following recent collaborations featuring both Cardi B and Kendrick Lamar. Pro-Trump Lil Pump banned by JetBlue for refusing to wear mask, Fauci agrees with Biden that ‘darkest days’ of pandemic are ahead, House approves Trump’s $2K checks, sending to GOP-led Senate, TheGrio is now on Apple TV, Amazon Fire and Roku. Master P is the founder of rap record label No Limit Records, one of the most well-known labels in the industry. Reebok could have a new owner soon, Percy “Master P” Miller confirmed that he’s in talks with the parent company Adidas to acquire the sportswear brand with former NBA All-Star Baron Davis. What Is Master P's Net Worth in 2020? 9:35. In 2003, Reebok had deals with Allen Iverson, Shaquille O'Neal, 50 Cent, Jay Z, and others. Join the conversation with rapper Master P. as he discusses the possibility of purchasing the retail brand with a partnership with NBA all-star Baron Davis. We need the “hook up” like now! Speaking with Forbes about the company that could sell for as much as $2.4 billion, Master P and Davis explained their reason for potentially acquiring ownership. The brand collaborated with Jay-Z in 2003 and saw an immediate increase in sales the following year. This is big news for self-made mogul Percy Miller. “We want this to be a community effort,” said Vy Le, chief operating officer of Baron Davis Enterprises, “that sets up the next generation of leaders for success.”. Master P and Davis are respectable figures in their respective fields and they are also masters of the business world. The Grio reports that Hip-Hop mogul Percy “Master P” Miller and former NBA star Baron Davis are negotiating to buy Reebok from its parent company, Adidas, for $2.4 billion. Will Reebok accept Master P’s offer? Users can unsubscribe at anytime. Master P And Baron Davis Are Apparently In Talks To Buy Reebok Music BET Newsletters are sent by BET Networks, 1515 Broadway, New York, NY 10003. www.bet.com, TRENDING IN Forbes reports that its German sportswear parent company Adidas is looking to sell the sports brand and the man behind No Limit Records is in talks to buy it along with former NBA star Baron Davis. Download theGrio.com today! By clicking submit, I consent to receiving BET Newsletters and other marketing emails. Reebok was the first major shoe company to sign a music artist in an endorsement deal the way big-label companies previously attached themselves to athletes. Reebok … It's exciting news. Reebok … Miller has an estimated net worth of over $200 million. RAPPER Master P and former NBA All-Star Baron Davis are in negotiations to acquire Reebok. Master P To Purchase Reebok. We need the “hook up” like now! As 2020 turns to 2021, Adidas is looking to sell the brand it acquired nearly 15 years ago, and a contender has stepped up to the table: Percy "Master P" Miller. According to Forbes, Reebok (which has been owned by Adidas since 2005) is up for sale with a reported price-tag of $2.4 Billion. Today at 4 pm (Est) on BNC Now! Master P (real name Percy Miller) is the 53-year-old music mogul who founded the highly successful record label No Limit Records, which has been home to … “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. Master P is the founder of rap record label No Limit Records, one of the most well-known labels in the industry. Music mogul Master P and former NBA Player Baron Davis are reportedly in talks to buy sportswear brand Reebok for $2.4 billion dollars. “I think Reebok is being undervalued,” said Davis, according to Forbes. They reportedly plan to pave lanes making it easier for independent sneaker-makers to get their products distributed. Master P i Baron Davis prowadzą rozmowy z Adidasem, firmą do której należy Reebok, o przejęciu brandu. The Grio reports that Hip-Hop mogul Percy “Master P” Miller and former NBA star Baron Davis are negotiating to buy Reebok from its parent company, … Reebok may have a pair of high-profile entrepreneurs interested in purchasing the brand: Percy “Master P” Miller and Baron Davis. Reebok's parent company Adidas is looking to sell the sports brand, and Master P is in talks to buy.. Master P is in reported talks to expand his empire. Miller also recently entered the food market with his Uncle P food products. of Use. As 2020 turns to 2021, Adidas is looking to sell the brand it acquired nearly 15 years ago, and a contender has stepped up to the table: Percy “Master P” Miller. Not to mention that Master P is partnering with former NBA player Baron Davis. Should it go down? “I want the people I know, athletes, influencers, designers, celebs, to sit at the table with me,” he continued. Adidas acquired Reebok in 2006 for $3.8 billion, but the brand has been in decline for the last … An immigrant's dream. Rap mogul Master P and former basketball player Baron Davis are in talks to buy sportswear company Reebok for $2.4 billion. The No Limit Records founder and former NBA player, Baron Davis, are negotiating an acquisition of Reebok, in what could be a … Related Videos. We break it all down, along with other factors involved in order to bring Reebok back to relevancy. A popular dance and the force behind the infamous $54.11s, with Master P and B-Diddy at the helm Reebok is about to be lit in these streets. Both Davis and Miller are entrepreneurs with investments in media, technology, sports, music and fashion. STREAM EXCLUSIVE ORIGINALS, TYLER PERRY AND CLASSIC HITS, Madea’s Farewell The Play - Virtual Museum, Exclusive: Master P’s Remarkable Career Featured In ‘No Limit Chronicles’ Docuseries, Master P On Why The ‘I Am Hip Hop’ Award Is Bigger Than Him. It would be great to see this happen. RELATED: Master P On Why The ‘I Am Hip Hop’ Award Is Bigger Than Him. One of the biggest stories over the holiday stretch was that Master P and Baron Davis are in talks to acquire Reebok. Master P has long established himself as an astute entrepreneur and, should his latest goal come to fruition, he'll be even more achieved. RELATED: Exclusive: Master P’s Remarkable Career Featured In ‘No Limit Chronicles’ Docuseries, "I think Reebok is being undervalued,” said Davis. RAPPER Master P and former NBA All-Star Baron Davis are in negotiations to acquire Reebok. Other marketing emails will it go down is Master P and former basketball player Baron Davis in... “ Dear Culture ” podcast apparel adidas foray into footwear ’ net worth is estimated at 60. Is now on Apple TV, Amazon Fire and Roku No Limit Records, one the... Reebok had deals with Allen Iverson, Shaquille O'Neal, 50 Cent, Jay,... 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