Earlier this month we learned that Kevin Durant‘s Nike contract has expired, and he cancelled a scheduled trip to the brand’s headquarters where he would have most likely been discussing a new deal a couple of days after his contract ended.
According to Darren Rovell at ESPN, “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.”
A few million less than the $30 million a year offer that was previously stated by the Maryland-based Baltimore Business Journal.
Now the ball is Nike’s court — “which saw its signature business related to the Oklahoma City Thunder forward grow to roughly $175 million at retail this past season, will now have the right to match, which is a condition of Durant’s current contract with the brand. Durant can still choose Nike if they don’t match, but can’t legally choose Under Armour if they do.”
Could Kevin Durant really be headed to UA? Drop your thoughts in the comment box below, and keep rocking with Nice Kicks for any future developments.
Related: Nice Kicks Staff #SoundOff: Should Kevin Durant go to Under Armour?
Related: Nice Kicks Readers #SoundOff: Should Kevin Durant Go to Under Armour?
Head over to ESPN.com to see Darren Rovell’s full article: Ball in Nike’s court for Kevin Durant
© cameron for NiceKicks.com, 2014. |
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