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Old 07-19-2007, 12:18 PM
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Durant signs 7-year, $60 mil deal with Nike

Kevin Durant signed a seven-year, $60 million endorsement deal with Nike that includes a $10 million signing bonus, the second-largest rookie deal in basketball. Nike and Durant's agent's office confirmed Wednesday the deal had been reached.
"We are very pleased to have Kevin as a part of the Nike Basketball family," said Craig Zanon, vice president and general manager of global basketball. "Kevin is an amazing talent on the court and a quality person off the court and we are happy to be partnering with him as he starts his NBA career."
The Seattle Times, citing industry sources, reported on Wednesday that Durant had earlier turned down a $70 million deal with adidas. That contract called for a $12 million signing bonus, but Durant has a history dating to eighth grade with Nike.
"At the end of the day, Kevin has been with Nike his whole career and he felt comfortable with them," Durant's agent Aaron Goodwin said, according to the paper. "He took the time to give adidas the opportunity and they're a great company, but he chose the company that he's more familiar with. And we build brands on authenticity and it's more authentic for him to be somewhere where he wants to be and he's comfortable."
The paper said that Nike will unveil a signature Durant shoe after his rookie season with the Sonics. Durant has reportedly expressed an interest in endorsing a midrange priced shoe.


ESPN - Durant signs $60M endorsement deal with Nike - NBA
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Old 07-19-2007, 02:59 PM
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Re: Durant signs 7-year, $60 mil deal with Nike

MOVE over Michael Vick, there is a new sheriff in town...imagine if he had been first overall?...Zowie!...this kid is set for life...let the hype begin...
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Old 07-19-2007, 03:05 PM
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Re: Durant signs 7-year, $60 mil deal with Nike

It's mentioned up in the original post, but it bears repeating - the kid turned down a more lucrative deal from adidas to sign with Nike because he actually used and preferred Nikes. That's character.
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Old 07-19-2007, 03:41 PM
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Re: Durant signs 7-year, $60 mil deal with Nike

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Originally Posted by Lefty Noob View Post
It's mentioned up in the original post, but it bears repeating - the kid turned down a more lucrative deal from adidas to sign with Nike because he actually used and preferred Nikes. That's character.
You know if I had a chocie between a $60 mil deal and say a $70 mil deal...I might have lots of room to show character as well...
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Old 07-19-2007, 04:55 PM
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Re: Durant signs 7-year, $60 mil deal with Nike

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Originally Posted by Gotham Dark Knight View Post
You know if I had a chocie between a $60 mil deal and say a $70 mil deal...I might have lots of room to show character as well...
i would turnd down Addais i would of durned Nike i would go to Rebock
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Old 07-19-2007, 05:28 PM
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Re: Durant signs 7-year, $60 mil deal with Nike

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i would turnd down Addais i would of durned Nike i would go to Rebock
I am not sure Rebock would offer you much as that sounds like a cheap chinese knock off...now Reebok on the other hand maybe... ...just messing with ya bear...
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Old 07-19-2007, 08:29 PM
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Re: Durant signs 7-year, $60 mil deal with Nike

What is the most a rookie received in endorsements. I think LeBron got $90 million his rookie year. I wonder what the biggest rookie deal in all of sports is. I heard Tiger got over $100 million.
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Old 07-20-2007, 07:46 AM
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Re: Durant signs 7-year, $60 mil deal with Nike

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What is the most a rookie received in endorsements. I think LeBron got $90 million his rookie year. I wonder what the biggest rookie deal in all of sports is. I heard Tiger got over $100 million.
its LeBron's $90 million
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