Aug 5, 2014, 10:50 PM EDT
That combination has him on the verge of a huge payday.
According to a person familiar with negotiations, Durant, whose seven-year, $60 million deal with Nike is expiring, could earn as much as $30 million annually if he signs with Under Armour Inc., whose headquarters are in Durant’s home state of Maryland.
Nike and Adidas are also in talks with Durant
Even if the salary cap rises to $80 million in 2016 – the highest projection I’ve seen – and Durant re-signs on a max five-year contract with max raises, he STILL wouldn’t make $30 million in the final year of the deal.
This is a ton of money for even an NBA superstar.
If Durant can leverage Nike or Adidas into a higher offer, all the better. But Under Armour has set a heck of a starting point.
The big question: What would this contract mean for Durant’s 2016 free agency?
Would Under Armour ties lead him near the company’s base and to the Wizards? Would his exact salary be tied to playing in a certain market? Would the security of a massive shoe contract convince him to give his NBA team a discount?
Durant will have a couple years to work through the implications on his free agency. First, he must decide which company will pay him a ton of money to sponsor him.
Aug 5, 2015, 1:24 AM EDT
At least it’s Tupac, it could have been worse.
Aug 4, 2015, 11:59 PM EDT
Nike’s KD8 Suit goes on sale August 14.
Aug 4, 2015, 11:00 PM EDT
Aldridge has too many pairs to fill his closet as it is.
Aug 4, 2015, 9:56 PM EDT
Exum suffered the injury in an exhibition game in Slovenia.
Aug 4, 2015, 9:00 PM EDT
Bradley Beal also headed to Las Vegas
Aug 4, 2015, 8:01 PM EDT
That would derail a lot of the Jazz’s positive momentum
Aug 4, 2015, 7:02 PM EDT
Aug 4, 2015, 6:02 PM EDT
Everything good now between the Kings franchise player and coach?
Aug 4, 2015, 5:13 PM EDT
This is the real deal
Aug 4, 2015, 4:18 PM EDT
Exum was playing for Australia against Slovenia
Aug 4, 2015, 3:33 PM EDT
Will former Iowa State star make Orlando’s team?
Aug 4, 2015, 2:44 PM EDT
If you don’t get it, ask someone younger
Aug 4, 2015, 1:45 PM EDT
Kobe doesn’t know how he’ll feel next summer. You can’t blame him for that.
Aug 4, 2015, 1:10 PM EDT
No. No they will not.
Aug 4, 2015, 12:30 PM EDT
The Serbian national team is expected to protest it.
Aug 4, 2015, 11:57 AM EDT
He will battle Kyle O’Quinn to backup Robin Lopez.
Aug 4, 2015, 10:45 AM EDT
Lawson and Brewer put up impressive offensive numbers together in Denver.
Aug 4, 2015, 10:05 AM EDT
I’m no fashion critic, but they’re not bad.
Aug 4, 2015, 9:14 AM EDT
Somehow I bet he still cashes his paychecks rather than actually playing for free.
Aug 4, 2015, 8:34 AM EDT
Even if he could sign an extension, he wouldn’t.
- Report: Dante Exum diagnosed with torn ACL 7
- Kobe Bryant, can this Laker team make the playoffs? “Of course it can. Absolutely.” 23
- Report: Knicks reach deal with backup center Kevin Seraphin 7
- Raptors officially unveil new uniforms, yes there is a Drake-inspired one 24
- Ray Allen: “I won’t officially retire” 12
- Report: Adidas makes $200 million offer to James Harden 23
- Jahlil Okafor: “Rookie of the Year is one of the goals I set for myself” 16
- Report: Derrick Rose undecided about attending Team USA minicamp 9