Kevin Durant Renews Contract with Nike

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The NBA had some pretty intense moments with contracts expiring, and options opening up. LeBron James went back home to Cleveland, while Carmelo Anthony opted to stay in the Big Apple. But there was another big free agent on the market, and that’s OKC’s Kevin Durant. KD signed a 7 year contract with Nike for $60 Million back in 2007. As that deal expired Nike was caught in a battle with Maryland based Under Armor over the MVP.

Kevin Durant Under Armor Deal

Under Armor had reportedly offered KD $250 million to endorse the rapidly growing sportswear maker. KD has always expressed pride in his home town and UA is based just miles from there in Baltimore Maryland. Speculation grew as the Nike camp was silent on the status of their #2 athlete. Finally on August 31st KD announced he had signed back up with Nike.

Likely using Under Armor’s offer as leverage, this allows Kevin Durant and Nike to continue their symbiotic relationship that has exploded in popularity each year. Between 2012 and 2013 sales of the KD signature line increased 400%. To put it into perspective, Nike was paying KD almost $10 million a year, and making $175 million off his shoes. Before the new contract, LeBron James was getting 4 times as much, but his shoes sold less than twice the amount of the KD line.

MW-BA791_123_ni_MD_20130326172052

The sales of KD’s aignature line have continued to cut into LeBron’s partially due to the lower price point. The LeBron 11 is priced at $200 whereas the KD 6 retailed at $130. KD’s philosophy on his signature shoes was always about keeping the price down. Growing up with a single mother and several siblings, his family lacked the expendable income for the expensive signature lines. However it seems each year KD has compromised on his promise as the price between the KD 4 and KD 7 nearly doubled.

With the expense of this new endorsement lingering over Nike executives who have continually pressed for higher profits and exposure, often at the expense of build quality, this trend will continue. However there may be another way for KD to offer his kicks at lower prices. This year marks the first year ever that Nike will release the Trey 5 line in the US. Normally only released in Asia, the 2014 China Pack will feature the KD Trey 5 and should fall well below the $150 price point of the KD 7. Similarly nike recently released the Kobe Venomenon line in the US with limited success to offset the incredible price jump in the Kobe 9.

KD Trey 5 China Pack

Rising costs tend to be a common complaint of sneaker enthusiasts and collectors. While a $200+ price premium makes sense for performance athletes, it limited viability as a casual wear, or collectors footwear. As Nike battles between their obligations to endorsement athletes and their fiscal accountability to shareholders we will likely only see this price hiking ramp up over the next couple years.

Labor Day Sales

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With everyone whispering about an unlikely Nike restock on Labor Day, there’s something we’re not hearing about. Labor Day sales. Nearly everyone is running sales, so we decided to find all the deals and post them in one place to save you a few bucks.

Jimmy Jazz: 15% off with coupon LABOR15
Saucony: 30% off Saucony Originals w/coupon SAVE30
Reebok: Buy one get one 50% off w/coupon LABOR
Sports Authority: 20% off everything, no coupon needed
Puma: 30% off everything, no coupon needed
Modells: 20% Off any 1 item w/coupon LDPMD2
Adidas: Additional 25% off w/coupon EXTRASUMMER
UBIQ: Additional 20% off clearance w/coupon LABORDAY20

R.I.P Retro 3

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In a Jordan Brand event yesterday in New York, new kicks were revealed to a handful of Sneaker Bloggers. Along with the unveiling came some fairly important news. First being a price increase of 10-15% to compensate with the “premium” materials set to be used in Jordan Retros next year. Each release seems to bring more complaints and criticism of the Jordan Brands decline in quality and detail. In order to give the people “what they want” JB has promised to get as close to the original as possible.

Jordan Retro 4 Teal 2015 remastered

Will 2015 be the best year we’ve seen in a while for Jordans? I guess that depends on how deep your wallet is.

With Jordans already running $170-$250 we can now expect a pair of J’s to start around $190 and will likely see them push the $300 mark for limited releases. Normally you would expect a price bump like that to dissuade sales, but as we’ve seen this year with the Kobe IX, if it’s limited enough, it’ll sell. As price and quality goes up, expect supply to go down in order to balance the demand.

They also announced the end of Retro 3 releases. Nike stated that the Air Joran Sport Blue Retro III would be the last, at least for now.

24-07-2014_nike_jordaniii_sportblue1

Back in the vault means we won’t be seeing a release for at least a year and that the Retro 3 will get left off the 2015 “remastered” list. This comes right after an Infrared restock on Jimmy Jazz that proved that the Retro 3 is still a must cop, in the right colorway.

08_26_14_email_retro3restock

If you are a fan of the Retro 3 and didn’t catch any of this years releases or restocks, there is some good news. You can still cop the remaining stock at the links below.

Retro 3 Sport Blue
SNS
Crooked Tongues
Chimp
5 Pointz
Offspring
size?
Urban Industry

Retro 3 Wolf Grey
SNS
afew

August 30th Early Links

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Wrapping up the 6 days of launches, Nike has some serious heat on deck for tomorrow. On top of the normal releases, there’s also some second chance cops for the LeBron Championship Pack and Kobe 9 EXT Snakeskin. As usual we will continue to post more Early Links as we get them so check back for more additions.

LeBrom 11 Elite SE “Championship”
Nike EU
hanon
END

LeBron 11 Low SE “Championship”
Nike EU
Kickz (3 AM EDT)
hanon
END

Kobe 9 EXT Mid Snakeskin
END

Kobe 9 EM China
Nike EU (3 AM EDT)
Kickz (3 AM EDT)
SNS (7 AM EDT)
END
Nike **
Champs
Eastbay
Foot Action
Foot Locker
Jimmy Jazz
hanon
Sneaker Politics

Air Jordan Retro 6 “Sport Blue”
Nike **
SNS (7 AM EDT)
Champs
DTLR
Eastbay
Finish Line
Foot Action
Foot Locker
Jimmy Jazz
Shoe Palace
Sneaker Politics

Nike EU
WellGosh (discounts on US orders)
JD Sports (Free Shipping)
Kickz
(3 AM EDT)
size? (3 AM EDT)
END GS
Chimp (discount on US orders)
afew
size? (3 AM EDT)
Urban Industry (3 AM EDT)
5 Pointz (3 AM EDT)
sneakerbaas (3 AM EDT)
Foot Asylum (3 AM EDT)
Crooked Tongues
SNS (7 AM EDT)
titolo

Nike SB Dunk High 31st State aka “California”
Nike
Nike EU
tactics
Spot
size?

Nike Foamposite One Triple Black
END (8/29 7 PM EDT)
SNS (7 AM EDT)
titolo

X-Girl x Reebok Instapump Fury
SNS (7 AM EDT)
titolo

KangaROOS x Afew Coil R1 “Peanut Butter”
Afew

** NDC link provided by SoleLinks

Nike Air Trainer SC Alabama Restock

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Citygear is restocking the Nike Air Trainer SC Alabama to celebrate the start of the 2014 NCAA Football season. Rather you’re a fan of Bo Jackson, his Alma Mater, or the iconic Air Trainer SC, this is your last chance to grab a pair.

Nike Air Trainer SC High alabama

Nike Air Trainer SC High “Alabama” Restock

August 29th Early Links

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Nike has really spread out the releases this week. After a botched saturday we’ve seen separate drops every day so far and we will get more tomorrow. Triple black has really taken the stage at Nike lately. The Foamposite Pro Triple Black will release in a unique suede upper at 8 AM. The Flyknit Roshe Run launched in Europe last weekend and will drop in the US at 8 AM as well. Here are the early links to help you pick up a pair.

Nike Foamposite One Triple Black Suede
Nike Foamposite One Triple Black
Nike (release info)
Nike (GS)
Eastbay
Foot Action
Foot Locker

Nike Flyknit Roshe Run
Nike Flyknit Roshe Run Sequoia Black
Nike
Finish Line

Nike Flyknit Roshe Run Neon Turquoise
Nike
Finish Line

KD Trey 5 China Pack

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Along with the Kobe 9 China releasing this weekend Nike will also be releasing the KD Trey 5 for the first time in the US.

KD Trey 5 China Pack

The KD Trey 5 Grey-Jade-Grey “China” is set to release on 8/18 at select Nike retailers. While we now know the release date, the retail price is still unknown but expected to be around $120.

Screen Shot 2014-08-26 at 2.16.15 PM

Thanks to Jonathan Bazan for the photos and details.