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mairving · 08-21-2014 10:52 AM

Quote:Kevin Durant's representation Roc Nation Sports informed Nike on Wednesday that he has a deal on the table with Under Armour worth between $265 million and $285 million over 10 years, sources told ESPN.com.

The deal includes Under Armour stock and other incentives, such a community center built in his mother's name, whose exact worth will not be known for some time.

Nike, which saw its signature business related to the Oklahoma City Thunder forward grow to roughly $175 million at retail last season, will have the right to match, which is a condition of Durant's current contract with the brand. Durant can still choose Nike if it doesn't match but can't legally choose Under Armour if Nike does.

Roc Nation Sports is the Jay Z/Creative Artists with only 2 basketball players under contract.

BigTigerMike · 08-21-2014 10:58 AM

I just saw something on ESPN about this and they were pointing out that MJ still to this very day dwarfs Lebron, DRose,Durant and others in shoe deal contracts COMBINE!

mairving · 08-21-2014 11:38 AM

(08-21-2014 10:58 AM)BigTigerMike Wrote: I just saw something on ESPN about this and they were pointing out that MJ still to this very day dwarfs Lebron, DRose,Durant and others in shoe deal contracts COMBINE!

From the article:

Quote:Michael Jordan, for example, made more than $100 million last year from Nike largely from royalties on sales of his Jordan brand.

ksigtigerdood · 08-21-2014 11:57 AM

It's incredible how significant the role of shoe companies is in sports (especially basketball).

Also, Jay-Z as a sports agent is just odd.

mairving · 08-21-2014 12:03 PM

(08-21-2014 11:57 AM)ksigtigerdood Wrote: It's incredible how significant the role of shoe companies is in sports (especially basketball).

Also, Jay-Z as a sports agent is just odd.

Jay-Z and WWW are tight.

ksigtigerdood · 08-21-2014 12:05 PM

(08-21-2014 12:03 PM)mairving Wrote:
(08-21-2014 11:57 AM)ksigtigerdood Wrote: It's incredible how significant the role of shoe companies is in sports (especially basketball).

Also, Jay-Z as a sports agent is just odd.

Jay-Z and WWW are tight.

Yup... He's proving to be pretty successful, too. Lots of connections and lots of power.

Tiger46 · 08-28-2014 10:28 AM

I got an Under Armor shirt at a golf tournament, got a couple more for my birthday and I have bought some shorts and a couple more shirts this summer thanks to a gift card from Dick's.

They are making some noise in the golf endorsements now.

ncrdbl1 · 08-31-2014 08:57 PM

Was told tonight that Nike' will match the offer.

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Threaded Mode \| Linear Mode Under Armour Offers Durant a $265M contract
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