- Report: 2 Cavs Players Ruled Out for Season Opener vs. Raptors
- Kevin Love Says LeBron James More Like a Planet Than a Person
- Cavs Announce Starting 5 for Regular Season Opener vs. Raptors
- Video: Collin Sexton Discusses His Excitement Heading Into First NBA Game
- Fox Sports Ohio Adds Two New Reporters to Cavs Broadcasts This Season
- Report: Richard Jefferson Hired for New Job Days After Announcing Retirement
- Cavs News: J.R. Smith to Miss Season Opener vs. Toronto Raptors
- Why the Larry Nance Jr. Contract Extension is a Huge Win for Both Parties
- Larry Nance Jr. After Signing Extension With Cavs: ‘I’m a Cleveland Guy at Heart’
- Former Cavs Director Says LeBron James and Kyrie Irving Didn’t Have Falling Out
Cavs News: LeBron James Signs Lifetime Contract with Nike, Largest in Company’s History
- Updated: December 7, 2015
According to Chris B. Haynes of Cleveland.com, Cleveland Cavaliers superstar LeBron James has inked a lifetime deal with Nike.
Haynes claims that the deal is the largest financial arrangement between an athlete and Nike in the company’s 44-year old history.
#Cavs F LeBron James has signed a lifetime contract with Nike. It’s the largest deal in the company’s history.
— Chris Haynes (@ChrisBHaynes) December 7, 2015
To put things into perspective, Kevin Durant’s deal with Nike is said to be worth $30 million a year over the course of 10 years. LeBron’s deal, according to a source, is “multiple times” higher than that.
James could actually make more per year off of this one deal than he does from his NBA salary combined with other annual endorsement income.
Comments
Related Posts
About Cavaliers Nation
You must be logged in to post a comment Login