Colin Kaerpernick

Adidas has expressed interest in signing unemployed NFL quarterback Colin Kaepernick to an endorsement deal. But there’s a catch: a NFL team has to sign him first.

Kaepernick ran afoul of NFL owners with his ongoing national anthem protests.

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endorsements

The Federal Trade Commission issued strong warnings to celebrities and influencers who peddle products on social media in exchange for cash.

The FTC warned celebrities that they must disclose the compensation they receive in return for peddling products on social media such as Instagram or Twitter.com.

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Glory Johnson

A Phoenix judge denied WNBA player Glory Johnson’s request for $20,000 a month in alimony from WNBA star Brittney Griner.

The judge also told Johnson to make her own monthly payments on the Mercedes Benz Griner gifted to her.

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Lupita Nyong'o Lands Miu Miu Eyewear Deal

There is no stopping Oscar winner Lupita Nyong’o now! She continues to add to her growing list of accomplishments! In addition to landing endorsement deals with Lancome and being named the ‘Most Beautiful Woman In The World’ by PEOPLE magazine, the Kenyan-bred African Nubian beauty has just signed as spokeswomen for Miu Miu Eyewear!

And she is doing big things without taking her clothes off or baring her nipples on Instagram.

Watch the stunning Inez and Vinoodh commercial after the break!

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Adidas Signs Kanye West for $10 Million

The corporate sponsorships keep rolling in for troubled music producer Kanye West, despite his recent rant against corporate greed. Footwear giant Adidas announced a new sponsorship deal with West worth $10 million.

$10 million might not seem like a lot of money considering the hundreds of millions Adidas and NIKE throws at professional athletes for endorsements, but West will reportedly receive royalties on his products. The lack of royalties is the reason behind West’s split with NIKE.

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Josh Homme Jay Z

At least one A-lister hates aging rap mogul Jay Z.

Josh Homme, the Queens of the Stone Age singer/guitarist, played Jay Z’s Made in America festival recently, but Homme says he was not impressed with the aging rapper, his festival or the champagne he is currently peddling for dollars.

In an interview with CBC Radio 2?s “Strombo Show”, Homme referred to Beyonce’s husband as a “kook”. Homme was perturbed because Jay Z’s security frisked him and his bandmates and searched their bags, like they were former crack dealers from Brooklyn.

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La La Signs Huge Endorsement Deal

Eat your heart out Kim Kardashian. Reality TV star and entrepreneur La La Anthony just signed a huge endorsement deal with Caress Body Wash as their FABULISTA spokesperson for their newest fragrance “Tempting Whisper”! La La brings her growing reputation as a style expert and fashion consultant to the brand.

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Paula Deen dropped by Target Wal-Mart

When it rains it pours. Embattled TV chef Paula Deen has been dropped by Target and Novo Nordisk following her admission that she uttered racial slurs in the past. The Food Network declined to renew Deen’s contract on Friday. And on Wednesday, Wal-Mart announced it was dropping Deen as a sponsor. Deen’s other sponsors, online shopping giant QVC and Smithfrield Foods are awaiting the outcome of a sexual harassment lawsuit filed against Deen’s brother, Bubba Hiers.

Deen, 66, could lose $17 million in endorsement revenue as a result of the controversy.

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Jay Z is now officially a licensed NBA agent

Rap mogul Jay Z has all the right connections. The self-professed “business, man” is now licensed by the NBA to represent NBA athletes, according to a report on ESPN. The news was first reported by Sports Business Journal.

Jay Z, who has zero experience as a sports manager, signed NY Yankee Robinson Cano and NY Giants wide receiver Victor Cruz after forming Roc Nation sports management agency with his business partner Juan Perez (pictured left). He later signed WNBA player Skylar Diggins. But professional athletes are not rappers, and insiders are questioning whether Jay Z has the skills to negotiate major sports contracts and endorsements for his clients.

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Lil Wayne pays the IRS $7 million

When Lil Wayne hits the road on July 9th with rappers T.I. and 2 Chainz for the 40-city ‘America’s Most Wanted’ tour, rapper Future will not be with them.

“I haven’t been on the road in a minute,” Weezy told MTV News on May 3. “I’m ready to get back out there and I’m going out there with Future and ’em, and they’re going to obviously take over; I’m just playing the back field,” he said.

That same day, PepsiCo announced it was dropping Lil Wayne (and the tour) from a sponsorship contract due to offensive lyrics in one of his songs.

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Rihanna Chanel

Chanel has dismissed rumors that troubled singer Rihanna is the new face of the high end brand. Rihanna sparked a torrent of rumors that she was the new face of the iconic brand when she Instagram’d the above photo along with the text: “And that’s a #wrap on my shoot for my new #topsecret ad campaign!!! #2013?.

But Chanel confirmed via an article on Vogue.co.uk, that Rihanna is NOT the new face of Chanel. But that’s not all, Chanel also confirmed there was no photo shoot or ad campaign. Oops!

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Reebok Drops Rick Ross

Reebok has dropped Miami rapper Rick Ross amid protests over his rape rap lyrics, the NY Times reports.

Ross, a former corrections officer, came under fire when he quipped about drugging a woman’s drink so he could have his way with her on the track “U.O.E.N.O. (You ain’t even know)” by Atlanta rapper/producer Rocko Da Don.

    Put molly all in her champagne
    She ain’t even know it
    I took her home and I enjoyed that
    she ain’t even know it

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