James signed a two year 47 million contract with the cleveland cavaliers before the current season. His annual endorsement earnings including his previous nike deal were estimated at 40 million a year.
A look at the 4 best financial decisions lebron james has made when lebron james signed his first shoe deal for 87 million with nike he chose the swoosh over reebok which had offered him 115.
Lebron james nike deal per year. Independence ohio lebron james has signed a guaranteed lifetime endorsement deal with nike that is worth at least 60 million per year and maybe much more as the athletic shoe and apparel. His lifetime deal is reportedly worth. Usa today s sam amick says initial speculation of the contract s worth came in a bit low.
James will have to. That would put james s deal in the range of over 30 million per year. James has been a nike athlete since the global sportswear giant offered him a seven year contract worth approximately 90 million with incentives before the 2003 nba draft lottery.
While the details of james s lifetime nike deal the first lifetime deal nike has ever done have never been officially disclosed it was released that the partnership was worth more than the 10 year contract that kevin durant signed with nike worth 300 million. Earlier this month nike announced lebron james would receive the first lifetime contract in the apparel company s 44 year history. Lebron james recently inked lifetime contract with nike will blow your mind to a degree that you might not fully understand apparently.
Early reports pegged a 500 million payday which sounds lovely. Assume mj has at least a de facto one. James is in rarefied air.
Lebron james nike 32 million james signed a lifetime deal with nike at the end of 2015 that his business partner maverick carter told gq is worth more than 1 billion. Nike has never before announced a lifetime deal like the one they did with james today. Both james and nike s business has grown exponentially since 2003 when nike signed james on the eve of the nba lottery to a seven year 90 million deal its largest athlete deal ever at the time.