Master P ‘In Negotiations’ To Acquire Reebok With NBA Star Baron Davis

Percy “Master P” Miller and former NBA All-Star, Baron Davis, are hoping to become the new owners of Reebok. 

The pair are “in negotiations” to acquire the sportswear company, according to NBA reporter Eric Woodyard.

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The music mogul and the basketball icon would be taking over ownership from Adidas, who bought the company in 2005.

According to Forbes, the asking price stands at around $3 billion ($2.4 billion USD). 

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“I think Reebok is being undervalued. 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.” said Davis, speaking to the outlet. “I want the people I know athletes, influencers, designers, celebs to sit at the table with me.”

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Miller added, “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.”

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