Allen Iverson Recalls His Missed Opportunity to Become the First Jordan Brand Signature Athlete
- 08 March 2024 2:00 AM
Allen Iverson, the legendary basketball player, recently spoke about his almost association with the Jordan Brand and his resulting career-long partnership with Reebok. In an interview with Complex, Iverson reflected on his early affection for Jordan shoes, along with how he unknowingly stepped onto the path leading to his own signature shoe deal before entering the NBA.
Raised in Hampton, VA, Iverson's admiration for Michael Jordan fueled his desire to wear Jordan shoes. He had little idea then that he would grow to become an icon in the sneaker industry, and claimed in hindsight, he almost achieved the milestone of becoming the first signature athlete for the Jordan Brand.
When Iverson entered the NBA as a recruit in 1996, he was immediately on the radar of leading sneaker manufacturers. The Jordan Brand made earnest attempts to win him over, even creating a prototype bearing his popular nickname "Bubba Chuck," as reported by Sports Illustrated. Had the deal come through, Iverson would have marked the commencement of the Jordan Brand's tradition of signing signature athletes.
However, Iverson adjudged Reebok's pitch to be more articulate and persuasive. He told Complex, “I remember the decision-making process like it was yesterday. Looking back at it now, I'm content with the choice I made given the loyalty Reebok has shown me.” He explained his preference for Reebok by recalling, “I was won over during my interaction with them. They were convincing salespeople who reassured me about my future with their company.”
Iverson's alliance with Reebok has undeniably been fruitful. Upon his drafting by the Sixers in 1996, he secured a 10-year contract with Reebok, worth $50 million, according to the Inquirer. Further, in 2001 when Iverson and his team made it to the NBA Finals, and Iverson was named the MVP, he earned a lifetime contract with Reebok. Under the deal's terms, he would receive an annual $800,000 payment and a $32 million trust fund accessible from 2030, a detail previously reported by AFROTECH.
Adding to his illustrious career, Iverson recently climbed the corporate ladder at Reebok, absorbing the role of Vice President of Basketball. In doing so, he joins basketball legend Shaquille O'Neil, who is currently serving as President of the basketball division at Reebok. Despite missing out on being the first signature athlete for the Jordan Brand, Iverson’s deep and fruitful relationship with Reebok testifies to the wisdom of his decision back in 1996 — a decision that continues to benefit him both monetarily and professionally. His story exemplifies how missed opportunities can often lead to more fruitful developments in the long run.