Durant agrees to $60 million deal with Nike

[KFDM COOP]

Durant agrees to $60 million deal with Nike

02:23 PM CDT on Wednesday, July 18, 2007

By CHIP BROWN / The Dallas Morning News

[email protected]

AUSTIN – Former Texas national player of the year Kevin Durant has agreed to a seven-year, $60 million endorsement deal with Nike that includes a $10 million signing bonus.

It is the second-largest endorsement contract for an NBA rookie behind LeBron James' $90 million deal with Nike in 2003.

"After eight weeks of diligent work between [Nike senior director of pro basketball] Lynn Merritt and I, we have structured a footwear and apparel deal for Kevin that becomes the second-largest rookie deal in basketball and includes a line of signature products," Durant's agent Aaron Goodwin, said in a statement.

Craig Zanon, vice president of Nike Basketball, said, "Kevin is an amazing talent both on and off the court and we are happy to be partnering with him as he starts his NBA career."

Goodwin also negotiated James' deal with Nike before James let Goodwin go two years ago to form his own marketing company.

According to published reports, Durant turned down a seven-year, $70 million deal with Adidas because of a relationship with Nike dating back to Durant's AAU days in eighth grade. Durant has also inked endorsement deals with Upper Deck and EA Sports.

[Roll_Left15]

Greg Oden is supposed to sign a 12 million dollar deal with I think adidas or something! 

That just goes to show you that centers can't sell shoes!  What was Hakeem's deal with Spalding? Shaq was with who?

[KFDM COOP]

;D

[DP#1FAN]

8)

[WHBaseball14]

He's gonna have him a big chunk of change!! lol!

[Pimp Smack]

I WAS WONDERING WAT NIKE WAS GONNA DO WITH VICKS MONEY.

[AJ25]

I WAS WONDERING WAT NIKE WAS GONNA DO WITH VICKS MONEY.

hahaha. i know he worked wonders in college, but i'm still trying to decide on whether or not he can dominate in the NBA like they are hoping

[dat_hook_em_fan]

HE WILL HE WILL DO WHAT HE ALWAYS DONE COME INTO HIS OWN........YOU CANT JUST GO OFF A COUPLE OF GAMES......WHEN ITS CRUNCH TIME HE DELIVERS.....I GUESS THATS JUST ALL LONGHORNS..........