How much did Shaq pay for Reebok?

O'Neal's relationship with Reebok began in 1992, when he signed a $15 million multi-year deal with the brand upon his entry to the NBA. He went on to launch his popular Reebok Shaq Attaq and Shaqnosis shoes — and sported Reebok throughout his entire NBA career.

How much money did Shaq make with Reebok?

Estimated to have a net worth upward of $400 million, Shaq's first notable business deal was his agreement with sporting company Reebok in 1992, which landed him a multi-year contract worth $15 million annually independent of his NBA salary.

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.

Does Shaq own Reebok now?

To date, his biggest investment has to be The Authentic Brands Group. The company bought Reebok, Barneys New York, Forever 21, and a host of other brands and retailers. The Lakers legend is the second largest individual stakeholder of this company.

What was Shaq's first shoe deal?

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 reason why Shaq cut a lucrative deal with Reebok - All the smoke | showtime basketball

What did Shaq buy at Walmart for $70000?

Millionaire Shaquille O'Neal, Who Spent $70,000 in a Single Visit to Walmart, Buys 50 Bottles of “Cheap Wine” From the Superstore Due to Bizarre Reason.

How much was Shaq's Walmart bill?

So Shaq went to Walmart at 3 a.m., dropping $70,000 on five TVs, printers, laptops, appliances, linens, and even underwear.

What 50 brands does Shaq own?

How many companies do 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.

What is Shaq's net worth?

Shaquille O'Neal is an American professional basketball player who has a net worth of 450 million dollars in 2023. He was also the highest-paid NBA player of his time. There was also a time when he was the mainstay of Los Angeles. Sharq net worth in 2023 is around $450 million.

Who owns the Shaq brand?

As these things increase, so does the ability to monetize one's likeness. 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.

Does Shaq own NBA?

Sports franchise ownership isn't new to Shaq. He owned a small piece of the Sacramento Kings, which he sold in January (he had a conflict with another business). O'Neal originally bought into ownership 2013. Vivek Ranadive, an Indian-American business executive, is the majority owner.

How much does Shaq make a month?

Well, even an extravagant spending routine does not seem to hinder much of the 2 million he made per month. This is why even after spending whatever amount on whatever things and donating massively, Shaq remains one of the richest athletes in the world.

Where does Shaq make most of his money?

Shaquille O'Neal made his fortune as a basketball player, but also invests in franchises, startups, stocks and real estate. Shaq invests in franchises such as Papa John's, 24 Hour Fitness, Krispy Kreme and car washes.

Why did Shaq turn down Reebok deal?

Shaquille O'Neal turned down a $40 million Reebok deal after a mother complained about costly shoes.

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.

How much of Papa John's does Shaq own?

He also owns 17 Auntie Anne's Pretzels restaurants and nine Papa John's franchise units.

Does Shaq own Marilyn Monroe?

Talking during an interview, Shaq said, “Who owns Marilyn Monroe? Who owns Elvis Presley? Me!” The former NBA champion spent around $135,000,000 to buy the rights to royalties from stars like Elvis Presley and Marilyn Monroe. This deal was possible due to Shaq's smart business investment.

How many Krispy Kreme does Shaq own?

As reported by Findingfuel.com, these include 17 Auntie Annie's Pretzels restaurants, nine Papa John's, one Krispy Kreme and a Big Chicken restaurant that is being franchised. He formerly was part-owner of 155 Five Guys restaurants.

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 . ...

What does Shaq O'Neal owns?

Shaq is an active businessman and investor in several top U.S. corporations such as Apple, General Electric, and PepsiCo. He is presently involved in several food franchises like Krispy Kreme, Papa John's, and Auntie Anne's Pretzels. Shaq was also formerly a part-owner of 155 Five Guys restaurants.

How many Burger Kings does Shaq own?

Someday I might have to put down a basketball and have a regular 9-5 like everyone else,” the player said at his graduation ceremony a decade ago. Since he announced his retirement in 2011, the NBA star has become the owner of 155 Five Guys hamburger establishments, which represented 10% of the total company.

How many cars did Shaq buy?

Shaquille O'Neal once got pissed at a salesperson and decided to buy 3 Rolls-Royce for $1.3 million. He has never even driven those cars. During his playing days, Shaquille O'Neal was one of the most dominant players in the league. He had a long and fruitful career in the NBA while winning four NBA Championships.

Did Shaq invest in Starbucks?

Oct 24, 2022. Shaquille O'Neal once turned down what later became a lucrative deal for someone else. Starbucks franchisee opportunity: During an episode of Drink Champs, O'Neal explained Starbucks CEO Howard Schultz once offered him a chance to become a franchisee of a location that would open in the hood.

How much did Shaq pay for dinner?

Known for his generosity and huge tips, the big man with the big heart reportedly struck again. While at dinner in New York City at the Jue Lan Club around 8:30 p.m. Sunday night, O'Neal paid for everyone in the restaurant's meals, which totaled over $25,000, per Page Six.