Under Armour offer to Kevin Durant reportedly worth up to $285 million

08/21/2014 at 6:43 am By

SL_KDAthletic apparel company Under Armour has made NBA MVP Kevin Durant quite a substantial endorsement offer, per a report from ESPN’s Darren Rovell.

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.

Per the report, Durant’s previous signature line with Nike brought in $175 million this past season. Nike has the contractual right to match Under Armour’s deal, should they choose.

Under Armour appears to be committed to becoming a major player in athletic apparel and shoe game. UA also signed Golden State Warriors rising star Stephen Curry in 2013, and landing the reigning MVP would be huge for the growing brand.


Related Posts Plugin for WordPress, Blogger...

Powered by

Tags: , , ,

Leave a Reply

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>