... fans and media have been speculating on what shoe deal Williamson will sign and Nike … Business Legal News May 11, 2020 1:04PM PT Zion Williamson May Have Taken Under-the-Table Payments From Duke, Adidas and Nike + More Explosive Allegations And now Zion Williamson has joined them as a Jordan Brand athlete. Williamson was probably the biggest shoe free agent on the market this summer. Inside the impending Zion sneaker bidding war (2:09) As many as six sneaker companies, from Nike to Anta, are expected to make offers to Zion Williamson and potentially put … Other players include Jayson Tatum, Rui Hachimura, WNBA's Asia Durr and Kia Nurse, and NFL rookie quarterback Dwayne Haskins. The wait is over. If true, this is the second-largest rookie shoe deal in history. While still a rookie, he already is a huge marketing presence — Summer League in Las Vegas sold out to see him the first two nights (people ended up disappointed) — and it was estimated he would make north of $10 million a year on his rookie shoe deal. It's the largest shoe deal ever for a rookie in terms of annual pay. Zion Williamson is going to sign a massive sneaker endorsement deal at some point this Summer, it just remains to be seen which brand the No. Got a confidential news tip? New Orleans Pelicans rookie superstar Zion Williamson agreed to a shoe contract with Jordan Brand on Tuesday. © 2021 CNBC LLC. Duke basketball superstar injured after his Nike shoe blows apart during UNC game. Still, don’t expect sanity to win out in the Zion Williamson sneaker bidding war. Will anyone get a contract that big? He's now a rookie for the New Orleans Pelicans. Financial terms weren't disclosed. He told us he would ‘shock the world,’ and asked us to believe him. Global Business and Financial News, Stock Quotes, and Market Data and Analysis. A post shared by Zion Williamson (@zionwilliamson) on Jul 23, 2019 at 9:30am PDT. Zion Williamson, the most heralded NBA rookie since LeBron James, signed a shoe deal with Nike Inc.’s Jordan brand. Data is a real-time snapshot *Data is delayed at least 15 minutes. Zion Williamson, #1 of the Duke Blue Devils, reacts against the Michigan State Spartans during the second half in the East Regional game of the 2019 NCAA Men's Basketball Tournament at … Nike shares took a brief jump higher on the news. “He’s an essential part of the new talent that will help lead the brand into the future. All Rights Reserved. “Since I was a kid, I dreamed of making it to the league & having the type of impact on the game Michael Jordan had & continues to have today. We want to hear from you. There has been a lot of speculation as to how much money presumptive No. (AAP) While just under 70% NBA players wear Nike shoes, only 7% of the NBA is contracted to the Jordan Brand, with Nike looking to … Signing Zion Williamson as soon as humanly possible was unquestionably a top priority for Nike—the only real unknown was the size of the bag he’d secure from the company—but Zion’s … Williamson announced that he had signed with Jordan on his Instagram. 1 overall pick will side with. It is fully guaranteed with no strings or milestones attached. Zion Williamson has signed with Jordan. LeBron James got seven-years, $87 million, however, Williamson is second and bumps Kevin Durant to third (seven years, $60 million). Nike's director of media relations announced the deal on Twitter. Jimmy Butler. He told us he would 'shock the world,' and asked us to believe him. Sources say Zion Williamson had offers bigger than the Jordan deal. CLEVELAND, Ohio – Zion Williamson is already bigger than LeBron James. UPDATE (July 24): Zion Williamson’s contract is a 7-year deal worth $75 million, Forbes reports. https://t.co/bddwtHaHHm, — Adam Zagoria (@AdamZagoria) July 23, 2019. What is the new Zion Williamson Nike contract worth? "I feel incredibly blessed to be a part of the Jordan Brand family," Williamson said in a statement. "He's an essential part of the new talent that will help lead the brand into the future. The No. Williamson, the reigning college basketball player of the year, dominated in his only season at Duke University, breaking several school records, including most 25-point games by a freshman. Three Nike executives discussed a plan to pay Zion Williamson and Romeo Langford in February 2017 in order to get them to play in the company’s grassroots summer league when both were in … A Division of NBCUniversal. While we have not heard official numbers yet, the rumors are he did get that money. The deal is for seven years, according to Adam Zagoria of … Left money on the table for his dream of wearing the logo of his favorite player. Do you think there is anyone that will be able to land a contract … It would be ironic if a Nike shoe caused a serious injury for Williamson, when The Swoosh is likely interested in giving the Duke star freshman a monster contract once he heads to the NBA. Zion Williamson signs massive shoe deal. 1 pick in a decade. Click to share on Facebook (Opens in new window), Click to share on Twitter (Opens in new window), Click to share on Flipboard (Opens in new window), Click to share on Reddit (Opens in new window), Click to email this to a friend (Opens in new window). Sign up for free newsletters and get more CNBC delivered to your inbox. "Zion's incredible determination, character and play are inspiring," Michael Jordan said in a statement. LeBron James got seven-years, $87 million, however, Williamson is second and bumps Kevin Durant to third (seven years, $60 million). Nike's Jordan brand signs with New Orleans Pelicans rookie Zion Williamson. At least when it comes to his sneaker deal. Sonny Vaccaro, an industry legend who has worked for Nike, Adidas and Reebok, said Williamson could land an unprecedented deal worth $100 … Zion Williamson's former marketing representative has asked the Pelicans star to admit that his parents demanded and received gifts from Duke, Nike and Adidas. He was one of those special athletes I looked up to.”, “Zion’s incredible determination, character and play are inspiring,” Michael Jordan said in a statement. Zion Williamson's shoe deal with Jordan Brand extends five years and is worth $75 million, the richest annual rookie shoe deal in NBA history, The … Durant’s current Nike deal is worth about $8.5 million per year; Zion could command $10 million per year. Chris Paul. The stock closed up less than 1% and has risen more than 16% this year. There are rumors Puma had offered even a larger contact, but Williamson wanted to be a Jordan brand guy. On July 23, 2019, Nike officially announced that it had signed Zion to an exclusive shoe contract. Full details of Zion Williamson’s Jordan deal have yet to be revealed. 1 pick in this year's NBA Draft, Zion Williamson, has signed with Nike's Jordan brand, the company announced on Tuesday. Sorry, your blog cannot share posts by email. That deal is a lifetime contract … 1 pick in this year’s NBA Draft, Zion Williamson, has signed with Nike’s Jordan brand, the company announced on Tuesday. Russell Westbrook. Highly sought-after National Basketball Association (NBA) sensation Zion Williamson has signed a multi-year shoe deal with Nike-owned Jordan Brand. Get this delivered to your inbox, and more info about our products and services. However, it’s a multiyear endorsement deal … We do.". "Since I was a kid, I dreamed of making it to the league and having the type of impact on the game Michael Jordan had and continues to have today. 1 overall pick Zion Williamson will get in a shoe deal. There are rumors Puma had offered even a larger contact, but Williamson wanted to be a Jordan brand guy. Nike was in hot water with Williamson earlier this year when the former Duke forward blew right through a pair of his Nike sneakers, suffering an injury on the court during a game against rival University of North Carolina. For the fifth year in a row, Kyrie Irving is the highest paid former Duke athlete on the list. Even still, landing Williamson — who will play for the New Orleans Pelicans — was such a big score that Nike stock jumped up one percent on the news. He was one of those special athletes I looked up to, and I really can't express how happy and excited I am for this journey.". Sources say Zion Williamson had offers bigger than the Jordan deal. Zion Williamson Shoe Deal: Nike & Adidas Headed For ‘Biggest Bidding War Ever’ Getty Zion Williamson has a difficult decision between Nike and Adidas for his first shoe deal. A day later it was reported that the deal is worth $75 million over five years, averaging out to $15 million per year. We do.”. BEAVERTON, United States — Nike Inc has signed Zion Williamson, the No. Zion Williamson has signed a shoe … The largest shoe endorsement deal for an active player is between Nike and LeBron James. Nike approached Williamson with the deal of a lifetime. Nike was in hot water with Williamson earlier this year when the former Duke forward blew right through a pair of his Nike sneakers, suffering an injury on the court during a game against rival University of North Carolina. Post was not sent - check your email addresses! He’s the kind of player who could sell a lot of shoes, and Jordan is betting on just that. "Since I was a kid, I dreamed of making it to the league and having the type of impact on the game Michael Jordan had," Williamson says. Nike is favored to get Williamson’s name on a shoe contract to begin his NBA career. With Jordan, Williamson will join a roster of more than 50 athletes across numerous sports wearing Jordan gear, the company said. Many sneaker brands, including Nike, have been after Williamson ever since he announced he would be leaving Duke University after his freshman year and entering the NBA draft. Some have said getting Williamson marks the biggest shoe deal since Nike signed with LeBron James. 1 pick in this year's NBA Draft, Zion Williamson, has signed with Nike's Jordan brand, the company announced on Tuesday. Which Brand Will Sign Zion Williamson to an NBA Shoe Contract?
Fulham Vs Spurs Prediction, Te Puke Weather Today, Myanmar State Map, Jordan 1 Retro High Zoom Court Purple, Environment Court Enforcement Order, Cabin Crew Salary In Thailand, Altona Beach Park,