Published 18:45 IST, April 14th 2020
LeBron James' rookie Nike sneaker deal at par with late Kobe Bryant and Michael Jordan
Nike signed the LeBron James sneaker deal in 2003, which made the LA Lakers star $12 million per annum. Now, James has signed a lifetime deal with Nike.
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In 1984, Nike signed very fist Michael Jordan sneakers deal for an annual $500,000. Since n, Nike has signed NBA stars like LeBron James, Kevin Durant and Kobe Bryant. company signed LeBron James sneaker deal in 2003, which made James earn a handsome figure of $12 million per annum.
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LeBron James sneaker deal: James' rookie deal compared with Kobe Bryant's and Michael Jordan's
LeBron James' Nike deal surpassed rookie deal offered to Kevin Durant. Durant's deal was worth $9 million per year, while James' was $12 million. In 2015, LeBron James signed a lifetime deal with Nike. As per reports, deal will earn two-time NBA MVP $1 billion by time he turns 64. 25-year-old NBA star was 18 when he signed deal. w, his latest shoe – Nike LeBron 17 – is priced at ₹16,995 at retail outlets around world.
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Michael Jordan sneakers deal with Nike
According to reports, Nike's Jordan brand subsidiary made $3.14 billion in 2019. Jordan, who started with a deal of $500,000 per year, is reportedly going to earn $130 million annually from his current Nike deal. Jordan's earnings were four times than James, who was at $32 million. NBA stars like LaMarcus Aldridge, Carmelo Anthony, Jimmy Butler, Mike Conley Jr., Blake Griffin, Maya Moore, Chris Paul, Jayson Tatum, Kemba Walker and Zion Williamson represent Jordan's sneaker brand. Reports furr claim that Jordan's revenue from Nike makes up 90% of his current annual income and is $40 million more than $90 million he made while playing in NBA.
While late NBA legend Kobe Bryant initially signed with Adidas, he signed his four-year contract with Nike in 2003. In 2006, Kobe Bryant got his first signature shoe with Nike – Zoom Kobe 1. Back in 2003, Bryant had signed a $40 million deal with Nike. brand recently released Mamba Fury, Bryant's new signature shoe released after Lakers legend's tragic death in January.
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Also read | LeBron James sneaker deal: LeBron James and Nike could release ' Jam' versions of LeBron 17s in Feb 2020
Kobe Bryant sneaker deal: Kobe Bryant new shoes released by Nike
Also read | Kobe Bryant new shoes: Kobe Bryant's signature shoe finally released by Nike since his tragic death
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18:45 IST, April 14th 2020