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- Former NBA executive discloses how much Cavs would likely pay Jarrett Allen in long-term deal
- Andre Drummond has hilarious reaction to finding out Cavs traded for another center in Jarrett Allen
- Report: Cavs waive 2 players in aftermath of blockbuster James Harden trade
- Report: Cavs acquire Jarrett Allen and Taurean Prince in blockbuster James Harden deal
- Report: Cavs helping Kevin Porter Jr. ‘get his life together before putting him on the court’
- Report: Cavs reveal MRI results of Collin Sexton’s latest injury
- Report: Cavs considered adding Jeremy Lin before signing Yogi Ferrell
- Kevin Porter Jr. highlights relationship with Carmelo Anthony as he remains away from Cavs
- Report: Steve Nash continues to have no update on Kyrie Irving’s mysterious absence from Nets
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.
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