Kevin Durant to be offered $325m Under Armour shoe deal after Nike contract expires
Mammoth offer includes equity in the sportswear brand
Thursday 07 August 2014
Reigning NBA Most Valuable Player Kevin Durant is reportedly being offered a mammoth $325m to wear Under Armour shoes for the next 10 years.
The Oklahoma City Thunder star has just seen his seven-year, $60m deal with Nike expire and according to NBA insider Yannis Koutroupis the offer from Under Armour includes a stake in the company.
Nike and adidas are also believed to be considering offers for Durant, the NBA's second most marketable star after LeBron James - James, now of the Cleveland Cavaliers, is estimated to earn around $20m-a-year from Nike, though this includes royalties from sales.
As a comparison, Lionel Messi earns an estimated $23m-a-year from multiple sponsors including adidas, Pepsi, Gillette and Electronic Arts.
Should Durant sign the $32.5m-a-year deal with Under Armour, it will dwarf his current salary with the Thunder. Lionel Messi earns an estimated $23m-a-year from multiple sponsors
The 25-year-old will make just under $20m next season and just over 20m the season after - Durant then hits free agency, where he can expect multiple teams to offer him the maximum.
There has been some speculation whether a possible deal with Under Armour increases Durant's likelihood of signing with the Washington Wizards.
Durant is a Maryland native and the company's headquarters is also in that state.
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