Who started it?

There are some nasty rumors out there that Nike sneakers have some chemicals in the insoles that make them addictive to the wearer. Well, if you believe this then you'll believe just about anything.

Word hit the Street yesterday that Nike and Asics were making a bid to purchase Adidas. Such a rumor sent a ripple effect to the stock market and shares of Adidas (ADSG.DE) rose 3 percent.

No word from Nike on the matter, but we know that Asics doesn't have the loot to pull off such a purchase and would need the deep pockets of Daddy Warbucks---Nike.

We'll keep you posted and we'll be sure to not start any other rumors such as the the Air Jordan XX3s being inspired by..............................

Who started it?

Jay-z puts the rumors to rest

On Thursday, August 2nd Jay-Z was interviewed by Angie Martinez of Hot 97FM in New York and put the rumors to rest that he's fathered a son in the Caribbean and what he does in his spare time.

Listen to the interview HERE.




In other news, Jay-Z continues to rock Air Force 1s even though he has a signed footwear deal with Reebok. All is can say is that Jay-Z has some great attorneys and negotiated one hell of a deal that allows him to wear sneakers from other brands besides Reebok and Adidas. Brilliant!

Jay-z puts the rumors to rest