{"id":400158,"date":"2014-08-20T18:10:39","date_gmt":"2014-08-20T23:10:39","guid":{"rendered":"https:\/\/www.snkrsday.com\/?p=400158"},"modified":"2022-09-17T12:26:19","modified_gmt":"2022-09-17T17:26:19","slug":"update-kevin-durants-sneaker-contract","status":"publish","type":"post","link":"https:\/\/www.snkrsday.com\/update-kevin-durants-sneaker-contract\/","title":{"rendered":"Update: Kevin Durant’s Sneaker Contract"},"content":{"rendered":"
Earlier this month\u00a0we learned that\u00a0Kevin Durant<\/a><\/strong>\u2018s Nike contract has expired, then he cancelled a scheduled trip to the brand\u2019s headquarters where he would have most likely been discussing a new deal.<\/p>\n According to Darren Rovell<\/a> at\u00a0ESPN, “Kevin Durant’s representation, Roc Nation Sports, informed Nike on Wednesday that he has a deal on the table with Under Armour worth between $265 million and $285 million over 10 years, sources told ESPN.com. The deal includes Under Armour stock and other incentives, such a community center built in his mother’s name, whose exact worth will not be known for some time.”<\/em><\/p>\n This reported contract would be just under the\u00a0$300 million offer that was previously stated\u00a0by the Maryland-based\u00a0Baltimore Business Journal<\/a>.<\/p>\n Now the ball is in Nike’s court — “(Nike) saw its signature business related to the\u00a0Oklahoma City Thunder\u00a0forward grow to roughly $175 million at retail this past season, (and) will now have the right to match, which is a condition of Durant’s current contract with the brand. Durant can still choose Nike if they don’t match, but can’t legally choose Under Armour if they do.”<\/em><\/p>\n Could Kevin Durant really be headed to UA? Drop your thoughts in the comment box below and keep rocking with\u00a0Snkrs Day<\/strong>\u00a0for any future developments.<\/p>\n Related:<\/strong> Snkrs Day Staff #SoundOff: Should Kevin Durant go to Under Armour? Head over to ESPN.com<\/a> to see Darren Rovell’s full article:\u00a0Ball in Nike’s court for Kevin Durant<\/a><\/p>\n \n","protected":false},"excerpt":{"rendered":" Earlier this month\u00a0we learned that\u00a0Kevin Durant\u2018s Nike contract has expired, then he cancelled a scheduled trip to the brand\u2019s headquarters…<\/p>\n","protected":false},"author":149,"featured_media":397646,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[2,1224791,1225493,1225663],"tags":[1083,1206296,1220196],"cultivate_rss":[],"class_list":{"2":"type-post"},"acf":[],"yoast_head":"\n
\nRelated:<\/strong> Snkrs Day\u00a0Readers #SoundOff: Should Kevin Durant Go to Under Armour?<\/p>\n