Spalding Signs Greg Oden and Gilbert Arenas



    Building on its basketball category leadership, Spalding, the
    world's largest basketball equipment supplier, today announced the
    signing of two high profile basketball players, one of the top NBA
    draft prospects Greg Oden (Ohio State) and Washington Wizards guard
    Gilbert Arenas, to endorse its full line of basketballs and backboards
    on a worldwide basis.

    Spalding will leverage Oden and Arenas in worldwide advertising,
    marketing communications and trade and consumer promotions. Terms of
    the multi-year deals were not disclosed.

    "Greg is a rare player with unlimited talent and the very real
    potential to shape the League for years to come and Gilbert is a
    proven All-Star who has worked his way into a premier NBA player with
    determination and passion," stated Dan Touhey, vice president of
    marketing for Spalding. "The combination of Greg and Gilbert give
    Spalding an unbelievable 1-2 punch to reinforce our worldwide
    basketball leadership and our partnership with the NBA."

    Oden, a 7-foot center, enters Thursday's NBA draft as the top
    prospect. He completed a stellar freshman year with the Ohio State
    Buckeyes, leading the team to a 35-4 record, a Big Ten regular-season
    and tournament title before advancing to their first national
    championship game since 1962. The 19-year-old Oden lived up to his
    billing as a two-time national high school player of the year, leading
    the Buckeyes in scoring (15.7) and rebounding (9.6) per game and
    topping the Big Ten in shooting percentage (.616). His best game may
    have been his last one, when he scored 25 points and had 12 rebounds
    while dominating the inside against Florida in the national
    championship game.

    Arenas, a 6-4 guard with lightning quick moves, reached NBA
    stardom with three consecutive selections as an NBA All-Star (2005,
    2006, 2007), as the Wizards all-time leader in three-point field goals
    (529) and the league's third leading scorer for 2006-2007 with a 28.4
    clip. The first player from the 2001 NBA Draft class to earn All-Star
    recognition, Arenas is known for his drive to win, his ability to
    prove doubters wrong and his commitment to community.

    About Spalding

    A Division of Russell Corporation, the Springfield, MA-based
    Spalding Group consists of three business units: Spalding in
    Springfield, MA; American Athletic, Inc. (AAI) in Jefferson, IA; and
    Spalding Backboards in Sussex, WI. The three companies, collectively
    combined, are now the largest basketball equipment supplier in the
    world. Spalding is the official basketball of the National Basketball
    Association (NBA) and Women's National Basketball Association (WNBA),
    NBA Development League the official backboard of the NBA and NCAA. For
    more information, visit www.spalding.com.