Shaquille O'Neal Looking to Purchase Reebok

  • 5 years ago
Shaquille O'Neal Looking
to Purchase Reebok The NBA Hall of Famer made his intentions
known at a recent event for Carnival Cruise. Shaquille O'Neal, via 'CNBC Make It' Early on in his NBA career in 1992, O'Neal inked a $15 million deal with Reebok. Shaq adds around that time, the brand was one of the
most noticeable
in the U.S. But since the emergence of companies like
Under Armour, he says Reebok has
struggled to stand out. Shaquille O'Neal, via 'CNBC Make It' Adidas acquired Reebok in 2005 for $3.8 billion. A recent report from Bloomberg
says Adidas is considering selling
it off due to falling revenue.

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