Quantcast
Connect with us

Cavs

BREAKING: LeBron James Signs Lifetime Deal With Nike

LeBron James has been wih just one sneaker company since coming out of high school: Nike. Well LeBron is going to staying with Nike for a long time. A lifetime actually, according to ESPN Sports Business Reporter Darren Rovell.

RELATED: Paul Pierce Takes Shot At LeBron James And His Shoes

Rovell was also able to get this quote from Nike regarding the deal.

“We can confirm that we have agreed to a lifetime relationship with LeBron that provides significant value to our business, brand and shareholders,” Nike said in a statement. “We have already built a strong LeBron business over the past 12 years, and we see the potential for this to continue to grow throughout his playing career and beyond.”

RELATED: Check Out The Insane History Of The LeBron James’ Shoe

Rovell also reports that the deal is easily a numerous times higher than the 10-year, $300 million deal that Kevin Durant signed last year.

James good friend and business partner, Maverick Carter, also put out a statement regarding the deal.

“LeBron and I have been in love and obsessed with Nike since we were kids. Having built a totally innovative, global business with them has truly been a dream come true. We are so excited to be taking the business to an entirely new level. For LeBron, he’s thrilled to know he’s a Nike guy for life.”

Needless to say, LeBron James is not only going to be a very wealthy man, but we’re also going to be seeing a lot of his shoes for a very long time with this being the first lifetime deal in Nike’s history.

The Land