OT: Nike and Underarmor in bidding war for KD

[JCSunsfan]

http://basketball.realgm.com/wiretap/234761/Nike-To-Match-Under-Armours-$285M-Deal-For-Kevin-Durant

Reminds me of when I sold that classic car and two guys showed up at the same time and both really wanted it.

If you are KD, its really cool. With his bball income, Nike/UA deal, plus other endorsements, KD could approach $100 million a YEAR in income.

 

[Ronin]

good for him. He deserves it.

 

[Ronin]

Looks like he signed with the Swoosh.

Kevin Durant ‏@KDTrey5 23m
Excited and humbled to sign back with the swoosh!

 

[Shaggy]

Thought underarmor locked him in a few weeks ago.

 

[gmabel830]

Thought underarmor locked him in a few weeks ago.

Nike had option to match the deal and did so.

 

[elindholm]

Nike had option to match the deal and did so.

So they didn't use his restricted free agency against him?

 

[Finito]

From what I understand he sold more shoes than anyone including Lebron last year.

Worth it for Nike until the public turns on him for not winning oh its coming

 

[95pro]

i doubt it. he's been winning but not producing rings. he's just a cool guy it seems.

 

[JCSunsfan]

This is what restricted free agency is, an option to match--just like with KD and Nike, or with a real estate deal. It is not the responsibility of the party with matching rights to market so that they have to spend more to match.

 

[Iceman]

I read somewhere Under Armor offered him $270 mil and Nike offered him $300 mil.

 

[splitsecond]

If he has any integrity he just utilizes the war to bump up Nike as far as they will go and takes it. Under Armour is garbage. Hideous garbage.


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