Cleveland Cavaliers superstar LeBron James could make more than $1 billion in his lifetime endorsement deal with sportswear manufacturer Nike, his business manager indicated in an interview with GQ ma
Cleveland Cavaliers superstar LeBron James could make more than $1 billion in his lifetime endorsement deal with sportswear manufacturer Nike, his business manager indicated in an interview with GQ magazine.
Maverick Carter, agent for the four-time NBA Most Valuable Player, was asked Tuesday about the assertion by rap singer Kanye West that James’ Nike deal was worth $1 billion.
Carter smiled at the notion and pointed a finger to the sky as he replied. “It’s a fantastic deal. Nike feels great about the deal. That’s the most important thing,” Carter said.
James and Nike struck the lifetime deal last December, when it was reported to be the largest guarantee to a single athlete in the US-based sports apparel company’s history.
When James entered the NBA, he signed a seven-year contract worth $93 million with Nike.
