SBD/October 18, 2013/Marketing and Sponsorship

Adidas Refutes Validity Of Wiggins $180M Offer, Calling It "Fraudulent"

An adidas spokesperson said a letter going around the Internet claiming to be from the company and offering Kansas F Andrew Wiggins a $180M contract is "fraudulent," according to Kurt Helin of NBCSPORTS.com. The spokesperson added that aside from the denial, the company "cannot and would not further comment on college underclassmen." Bleacher Report on Tuesday published an article on Wiggins' endorsement prospects, but that report "did not reference any letter or say there was an offer." Bleacher Report's Jared Zwerling, who wrote the piece, said that he had "two independent sources who made no mention of a memo" (NBCSPORTS.com, 10/17). SOLECOLLECTOR.com's Nick DePaula noted the letter is allegedly from adidas Chair & CEO Herbert Hainer, "addressed blankly to a Wiggins representative, which Sole Collector has exclusively obtained ... and has also confirmed to be entirely fake" (SOLECOLLECTOR.com, 10/17).
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