Damian Lillard Will Make Adidas and Nike Enter Yet Another Bidding War
In 1984, a young basketball player from North Carolina who was about to go pro wanted a shoe deal from Adidas, his dream company. Due to family problems, Adidas fumbled negotiations with the young guard, who eventually signed with a less established company, Nike.
That player was Michael Jordan. And his first pair of sneakers from Nike, the Air Jordan, changed the industry and helped propel Nike to the top.
Lillard is with Adidas now, but due to a clever contract clause, the young Trailblazer will be able to opt-out of his deal at the end of this season (just his second), according to a report by Chris Haynes of Comcast Sportsnet.
Fresh off making the All-Star team, Lillard will no doubt be chased hard this offseason by all the major shoe companies, with Nike and Adidas expected to be in the lead.
Adidas really can’t afford to lose Lillard after its run of bad luck with NBA players. Derrick Rose and Dwight Howard, Adidas’ two biggest NBA stars, have suffered marketability hits, due to serious injuries and unprofessional handling of free agency, respectively.