Did Nike own Shaq brand?

Nike owned the Shaq brand at one time but they didn't pay it any attention, they didn't want anything to do with it and so they gave it back to me and I grew it to 600 million pairs sold since then.”

Who owns the Shaq brand?

NBA legend Shaquille O'Neal knows this truth firsthand. In 2015, Authentic Brands Group (ABG) acquired the rights to manage the former Los Angeles Laker's name in merchandise and endorsements.

Was Shaq with Nike?

When he was playing at the top level, Shaq had meetings with Nike and Reebok about a sneaker deal. He told Nike that he wanted his own signature shoe but was apparently dismissed. And then he went to Reebok, where he got his wish in a $15m deal.

How many brands does Shaq own?

Shaq owns a total of 50 brands in different industries. He certainly knows how to make money. From fitness, to car washes, to restaurants, Shaq has his hands in a little bit of everything.

Does Shaq brand still exist?

View of the Reebok Shaq Attaq 'OG' shoes. The Reebok Shaq Attaq was re-released on September 23, 2022, for $180. The shoes are still available in smaller sizes on Reebok's website.

WHY Shaq Made a $15 SHOE BRAND

Does Shaq own JCPenney?

O'Neal is reportedly the second highest individual shareholder of the Authentic Brands Group. This company is responsible for many brand and retailer acquisitions, including Forever 21, Reebok, Barneys New York and JCPenney.

Does Shaq own Elvis Presley?

ABG acquired Elvis' royalties in November 2013 from Elvis Presley Enterprises, which was run by the late music icon's family. This includes a share of all licensing and merchandising related to the star. “I put money back in the company, and now I own all those other brands,” Shaq told Earn Your Leisure.

What does Shaq own at Walmart?

Shaq eventually began selling a line of Shaq brand shoes at Walmart that he said in 2016 sold “over 120 million pairs of affordable shoes for kids.” The TV personality isn't the only NBA start to sell affordable shoes, as the ex-New York Knicks player Stephon Marbury endorsed his own range of Starbury sneakers, which ...

How many Papa John's does Shaq own?

He also owns 17 Auntie Anne's Pretzels restaurants and nine Papa John's franchise units. In fact, O'Neal is a brand ambassador for Papa John's and has been on the pizza company's board of directors since 2019.

What brand did Shaq make?

The Attaq. The Shaq Attaq was originally released in 1992. It was not only Shaq's first signature shoe, but it was also the first time Reebok created a signature shoe for an athlete. The Attaq features a leather and suede upper.

Does Shaq own a sneaker company?

In 2004, O'Neal launched SHAQ alongside his other brand Dunkman. SHAQ shoes are now on shelves at retailers such as Tekkie Town. You can find three types of sneakers to the collection: Full Press, Analog, and Bankshot, as well as the kid's collection Corner.

Does Shaq own Reebok?

Shaq and ABG were in a bidding war of sorts with the likes of Baron Davis and Master P to purchase Reebok in August of 2021. Eventually, the former duo won out as they bought them from Adidas for $2.4 billion.

What celebrities does Shaq own?

Shaquille O'neal Owns The Rights To Elvis Presley And Marilyn Monroe. One of the greatest basketball players of all time has said that he owns the rights to royalties from famous figures such as Elvis Presley and Marilyn Monroe.

Why didn t Shaq signed with Nike?

However, when O'Neal was drafted, he declined Nike's offer and signed a deal with Reebok instead. "When I got drafted, they gave me the opportunity to have my own shoe — Reebok. Nike was interested, but they didn't want me to have my own shoe."

Who did Shaq sell his brand to?

Shaq sold the rights to use of his name and likeness to Authentic Brands Group in 2015. Today, O'Neal is the second largest shareholder in this star brand management agency. O'Neal, one of the most valuable athletes in the world, by providing his own rights, proved to ABG his interest in their services.

How much did Shaq make off of Shaq shoes?

Shaquille O'Neal and his reebok deal is one of the most overlooked sneaker signings in the NBA. It is reported that the deal was upwards of $40 million. The deal spanned over five years, after which Shaq and Reebok parted ways.

Does Shaq own Krispy Kreme?

In 2016, Shaq bought into the Krispy Kreme franchise.

How many 5 guys does Shaq own?

He is the joint owner of 155 Five Guys Burgers restaurants, 17 Auntie Annie's Pretzels restaurants, 150 car washes, 40 24-hour fitness centers, a shopping center, a movie theater, and several Las Vegas nightclubs.

What has Shaq invested in?

Since retiring from his 19-year basketball career in 2011, O'Neal has seen success off the court. The 50-year-old was an early investor in Google and has since accumulated a diverse portfolio, including investments in Apple, owning 17 Auntie Anne's, 40 gyms and over a hundred Five Guys restaurants.

What does LeBron James own?

LeBron James is a part owner of Blaze Pizza, with a reported equity stake of $35–40 million. He initially invested in the company in 2012, when it was first starting up. The pizza chain has since grown to 340 locations across 41 states.

Who owns JCPenney now?

Marc Rosen became CEO in 2021. In April 2022, JCPenney's owners–Simon and Brookfield– offered $8.6 billion to purchase Kohl's. Sephora had already announced plans to contract exclusively with Kohl's by 2023, and had piloted Sephora Inside Kohls at select store locations.

What app does Shaq own?

A Message from. Co-Founders. Adam Roseman & Shaquille O'Neal

We started Steady as a way to help people obtain access to tools and resources that increase their income by providing unique income guidance and information not available anywhere else.

Does Shaq own any restaurants?

Some of the franchises Shaquille owns include Papa John's, Auntie Annie's, Five Guys, 24-hour Fitness Centers, Car Washes, and Krispy Kreme. He has other business ventures outside of franchising, such as Lyft and JCPenney.

Does Shaq own Muhammad Ali estate?

Shaquille O'Neal reveals he owns rights to Muhammad Ali, Marylin Monroe, and other celebrities. In an interview, Shaq revealed that he owned the rights to the royalties of celebrities like Marylin Monroe and Elvis Presley.

How did Shaq buy Marilyn Monroe?

Technically speaking, Shaq isn't the owner of these brands. However, he signed a deal with Authentic Brands Group back in 2015, which awarded him the licensing rights to these brands. According to Essentially Sports, the Lakers legend spent $135,000,000 to make this deal happen.