Need some running/basketball advice (shoe related)

I'm really getting into basketball to wear I want to play competitively. I am realizing that playing in High Top Air Force Ones isn't the smartest thing on the planet. One of my strong attribute is my speed, but not my stamina. I also want to start running. So my question is should I get separate shoes? One for running and another to play ball in, or for money sake would I be okay with getting just get one pair of shoes that can do both (and if that's the case what pair of shoes should I get?) and one top of all of that what type of padding should I get (because I'm flat footed and padding makes life so much easier). Thanks for your time!!!