The rapper/mogul Master P and retired NBA All-Star Baron Davis have collectively entered into negotiations with the parent company Adidas to acquire the once-powerful Reebok shoe brand, which is apparently on sale for some $2.4 billion, according to the Daily Mail.
Master P is the stage persona of Percy Robert Miller, a 53-year-old rapper, actor, record producer, and businessman whose net worth is guesstimated at $200 million.
Davis, 41, is a retired former professional basketball player who has played 15 seasons for multiple teams, including Charlotte, New Orleans, Golden State, Los Angeles Clippers, Cleveland, and New York.
Forbes and ESPN reported their interest in buying Reebok.
Went from doing million dollar deals, to billion dollar deals! #Godisgood Took a page out of Reginald Lewis’ book buying major companies to put money back in our communities, and give our people opportunities. #thisisonlythebeginning They can’t beat us, so they might as well join us. @iambarondavis #ownership Moneyatti.com– Master P