Tag: The New York Post

NBA jersey sales plummet because of lockout

Apparel companies  and the NBA have to be hoping for a robust holiday buying season after sales of their jerseys have dipped significantly during the lockout.

The New York Post reports that NBA jersey sales .

Most online retailers are offering 15 percent to 20 percent discounts on NBA apparel, in addition to peddling old-school or throwback jerseys at half-price to entice visitors. It’s a bullish market for consumers who can make deals in the next  several weeks as the league scrambles to regain momentum after the lockout.

“Expect FootLocker, Champs and others to follow suit,” an insider told the Post. “It has nothing to do with the holiday, either. Retailers understand that after the lockout, the price tag must be cut.”

Total NBA apparel product sales last season were close to $3 billion. With the lockout, analysts expect this year’s sales number to be closer to $1 billion, with sneakers as the sport’s lone bright spot.

People Magazine reportedly paying $1 mil for Kardashian-Humphries scoop

The juiciest details of Kim Kardashian’s upcoming marriage to New Jersey forward Kris Humphries apparently are coming with a very steep price.

The New York Post reported that sources indicate that People Magazine for exclusive coverage of her marriage with Humphries.

Her engagement graced the magazine’s cover last week, which was touted by People’s banner headline touting “the incredible proposal — and the 20.5 carat ring.”

The Post reports that the magazine paid  Kardashian $300,000 for that shot and story and has now made a second deal for coverage of the reality star’s wedding for about $1 million.

The public’s fascination with Kardashian has spilled over into her relationship with Humphries, who averaged career-best total of 10.4 points and 10.0 rebounds for the Nets this season.

The Post also reported that sources at People claim they are a little disappointed with their contract with Kardashian. The magazine sold more than a million copies, but it wasn’t as much as they would have hoped considering the steep contract.