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Dunking on everybody in the park
Under Armor Offering KD $30 million annually
I don't know if this was posted last night or this morning or not:
"Kevin Durant won
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Dunking on everybody in the park
Re: Under Armor Offering KD $30 million annually
Could this help lead the way to him going to the Washington Wizards?
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NBA rookie of the year
Re: Under Armor Offering KD $30 million annually
Why do they pay these guys so much? Do they even make a profit?
Nevermind. Under Armour makes 2.2 billion annually. Wow...
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Curry fam
Re: Under Armor Offering KD $30 million annually
30 million a year? Holy shit are they stupid. Good for Durant though.
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Suck a Duck
Re: Under Armor Offering KD $30 million annually
Originally Posted by 04mzwach
Why do they pay these guys so much? Do they even make a profit?
Nevermind. Under Armour makes 2.2 billion annually. Wow...
That's what I'm saying is KD really that popular.
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Re: Under Armor Offering KD $30 million annually
Damn, I hope KD takes the deal.
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A Humble Lebron Fan
Re: Under Armor Offering KD $30 million annually
He certainly needs some armor here:
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Dunking on everybody in the park
Re: Under Armor Offering KD $30 million annually
Do shoe endorsement deals make sense for shoe companies by athletes?
Consider this short blurb from two years ago:
"Nike generated $300 million in U.S. retail sales in 2012 for James
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NBA rookie of the year
Re: Under Armor Offering KD $30 million annually
The 3rd quarter of 2013 saw a 27% increase in profits. I guess they think KD can help it climb further. I don't remember under armour having a spokes person. KD does have a pretty good image for sports.
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NBA Legend
Re: Under Armor Offering KD $30 million annually
How much does KD sell? His sneakers sold like $200M last year or something but I wonder how much his other gear sells. Probably not a bad deal when all things are taken into account.
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Re: Under Armor Offering KD $30 million annually
Imagine if he took a 10 year $300 mill deal....that's like some A-Rod shit right there
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Re: Under Armor Offering KD $30 million annually
Originally Posted by 04mzwach
The 3rd quarter of 2013 saw a 27% increase in profits. I guess they think KD can help it climb further. I don't remember under armour having a spokes person. KD does have a pretty good image for sports.
Brandon Jennings doe
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Dunking on everybody in the park
Re: Under Armor Offering KD $30 million annually
Not sure about the money Nike makes with KD, but here's an interesting article on that subject analizing Lebron's sales in regard with his contract with Nike:
http://www.forbes.com/sites/mattpowe...hoe-contracts/
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Dunking on everybody in the park
Re: Under Armor Offering KD $30 million annually
That also means that with his NBA salary and other endorsements that his annual earnings would be roughly $65,000,000 million per season.
That is James and Kobe money there.
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NBA Legend
Re: Under Armor Offering KD $30 million annually
Originally Posted by iznogood
Yeah, but Nike sells a lot more than just Lebron and KD sneaker. I'm sure premier athletes like KD, Bron, Kobe, etc are profitable on big deals because they have entire apparel lines. Guys like Steph Curry are probably unprofitable if they are given a biggish deal.
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