Cavs News: LeBron James Signs Lifetime Contract with Nike, Largest in Company’s History

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According to Chris B. Haynes of, 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.

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.

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