Kevin Durant Nike Contract

While durant technically still had a few months remaining on his initial 7 year 60 million contract endorsement deal with nike under armour dropped a bomb with the massive offer worth a reported.

Kevin durant nike contract. Durant s business partner rich kleiman says nike sells more kd shoes in china than in north america. He earns 65 4 million a year with 30 4 million from his nba salary and 9 million from other endorsements added to his sneaker income. Kevin durant to be offered 325m under armour shoe deal after nike contract expires. Kevin durant signed a 4 year 164 255 700 contract with the golden state warriors including 159 955 700 guaranteed and an annual average salary of 41 063 925.

His deal with nike is currently worth 300 million. Kevin durant endorsements with nike google apart from his nba salary and investments durant s large chunk of earnings come from 35 million worth of endorsements. The durant nike franchise grew double digits in 2019 according to cowen. In 2020 1 durant will earn a base salary of 39 058 950 and a incentive bonus of 1 050 000 while carrying a cap hit of 40 108 950 and a dead cap value of 39 058 950.

However the 25 year old came close to leaving the sports apparel giant. The nike lebron 16 i. Durant signed a 10 year extension with nike in 2014 that has the potential to reach 300 million and includes a 50 million retirement package according to jeff zillgitt of usa today sports. Kevin durant kevin durant makes about 26 million per year from his nike deal.

When durant s new contract with nike comes to an end he will have been with the brand for 17 years. According to durant s business partner rich kleiman more of the kd shoes are sold in china than in north america. 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.