Apparently Reebok commissioned this. Apparently:
Bobby Ray teamed up with Reebok on a unique reinterpretation of A Tribe Called Quest’s classic “Bonita Applebum” in celebration of the Reebok Classic Remix collection. The track is available for download exclusively to customers who purchase styles from the Reebok Classic Remix collection, at Foot Locker stores nationwide.
Yet, somehow, it's on his free to download, super-awesome mixtape, B.o.B VS Bobby Ray. Rah!