Hip-Hop mogul Master P and former NBA player Baron Davis want to buy Reebok. Reports came out in October of Adidas looking to sell Reebok. The reports claim Adidas is looking to sell Reebok by March 2021 for $2.4 billion.
Master P and Baron Davis are now leading a group of investors looking to acquire the legendary sportswear brand.
Baron Davis said of his affinity and intentions to buy Reebok:
“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. I want the people I know athletes, influencers, designers, celebs to sit at the table with me.”
Master P said of the pending deal:
“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.”
Bloomberg claims adidas will make a decision regarding the sale of Reebok in the coming months. Lets keep our fingers crossed for Master P and Baron Davis to be the winning bidders!
@MasterPMiller
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