• Loading stock data...
Friday, June 6, 2025

Jaylen Brown Says He Turned Down $50 Million to Start His Own Shoe Company

  • The Celtic star had been a sneaker free agent for a few years.
  • He previously wore Adidas shoes until the deal expired in 2021.
Sep 24, 2024; Boston, MA, USA; Boston Celtics guard Jaylen Brown (7) during media day at Auerbach Center.
David Butler II-Imagn Images

It will likely go down as the most expensive pass of Jaylen Brown’s career. 

The Celtics star is launching his own sneaker brand, called 741, which will start selling products Oct. 22. That’s also the first day of the NBA season when Brown, the Finals MVP, starts the team’s title defense against the Knicks. 

Brown “turned down over $50 million in endorsement deals from other major sneaker companies to pursue full ownership and creative control of his own brand,” according to the company’s press release. 

The company’s name comes from the significance of its numbers, according to its website. The seven is for spiritual awakening, wisdom, and understanding; the four is for hard work, stability, and practicality; and the one symbolizes new beginnings, creativity, and independence. Brown has worn No. 7 throughout his career with the Celtics.

Adult sizes for the Rover, Brown’s debut shoe for 741, are available for preorder on the website for $200 (which are comparable with other big brands), while kids sizes are $70. 

The 6-foot-7 wing can afford to leave $50 million on the table because he has one of the richest contracts in the NBA. In 2023, Brown signed a contract extension for five years and $304 million, which was an NBA record until his teammate, Jayson Tatum, topped it this past summer with a five-year deal for $315 million. 

Before starting 741, Brown had been a sneaker free agent since his initial five-year deal with Adidas expired in 2021. The 27-year-old has taken some unique business approaches before. When Brown was drafted third overall in the 2016 draft, he turned professional without an agent and decided to use the players’ union, the National Basketball Players Association, for guidance on negotiating his contract. Given he went on to sign a historic contract, it clearly didn’t hurt him. 

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

Tony Clark

Everything You Need to Know About the MLBPA-OneTeam FBI Investigation

Money from lucrative group licensing deals is under federal scrutiny.
Marc Lasry

Marc Lasry Still Wants to Buy an NWSL Team 

The billionaire tried, and failed, to buy two NWSL clubs last year.
Jordan Ott

Mat Ishbia Goes Back to Michigan State Again in Quest to Fix..

Phoenix has now hired its coach and GM from the MSU tree.
Mar 30, 2025; Indianapolis, IN, USA; Tennessee Volunteers guard Zakai Zeigler (5) shoots the ball against the Houston Cougars in the first half during the Midwest Regional final of the 2025 NCAA tournament at Lucas Oil Stadium.

Trump’s DOJ Files Brief in Zeigler NCAA Eligibility Case

Zakai Zeigler is asking to play for Tennessee’s basketball team a fifth year.

Featured Today

May 27, 2015; Paris, France; Mirjana Lucic-Baroni (CRO) knocks the clay off her shoe during her match against Simona Halep (ROU) on day four of the French Open at Roland Garros

Roland-Garros’s Iconic Red-Clay Surface Is a Precise Alchemy

The exact science behind maintaining the French Open’s red clay.
Alex Jensen introductory press conference on Monday, March 17, 2025.
June 3, 2025

Alex Jensen Started Utah Utes HC Job While Still Coaching the Mavs

How Jensen began building an NCAA program while patrolling the Dallas sideline.
May 31, 2025

PSG and the City of Paris Can Join European Soccer’s Elite

What a maiden Champions League title would mean for the French club.
May 30, 2025

How the Champions League Anthem Took on a Life of Its Own

The composer didn’t know he wrote a timeless hit three decades ago.
Arc'teryx
May 20, 2025

Expensive Outdoor Gear Is Bright Spot Amid Tariff Turmoil

Amer Sports says tariffs will have a “negligible” impact on its results.
Mar 23, 2024; New York, New York, USA; Sneakers worn by New York Knicks guard Jalen Brunson (11) during warmups prior to the game against the Brooklyn Nets at Madison Square Garden.
May 21, 2025

Nike to Raise Prices on Sneakers Above $100

Kids products and Air Force 1s won’t be affected.
Sponsored

Game On: Portfolio Players Stories, Brought to You by E*TRADE from Morgan Stanley

In Episode 7 of Portfolio Players, go inside the boardroom with Avenue Capital CEO and former Milwaukee Bucks co-owner Marc Lasry on Giannis’s future, women’s sports, and upstart leagues like TGL and Unrivaled. 
May 15, 2025

20 Hats Per Minute: Merch Madness Hits PGA Championship

Headwear is among the most popular items selling in Charlotte.
On-Running
May 14, 2025

On Says It’s Raising Prices—but Not Because of Tariffs

“We want to be the most premium performance sportswear brand,” On’s cofounder said.
Soar
May 12, 2025

Running Is a Bright Spot As Retailers Reel From Trump Tariffs

Sales of running shoes rose 7% in the first quarter.
A'ja Wilson
May 6, 2025

Why Nike Wanted A’ja Wilson’s New Shoe to Sell Out in Minutes

Nike gave fans a taste of the A’Ones with a limited drop.