LeBron James signs lifetime contract with Nike

[Fudge]

Le****ingGod

Darren Rovell ‏@darrenrovell 17m17 minutes ago
BREAKING: Nike has signed LeBron James to a lifetime deal. Largest single athlete guarantee in company's 44-year history.

[inclinerator]

25 mil a year for life

[MP.Trey]

LeBron brand gonna be bigger than Jordan's.

[outbreak]

inb4 he signs with Adidas in a couple of years when somewhere wearing their shoes becomes MVP.

[Dr Hawk]

inb4 he signs with Adidas in a couple of years.

He should

Adidas >>>>>>>

[TheImmortal]

Nike don't play.. it's crazy how much money they throw around. LeBron has what? 2-3 prime years left? goddamn..

[the_troof]

AHa LARBY

[Dave3]

Can anyone who understands finance explain if this is a bad idea or not? I don't know much but as far as I understand, with inflation, wouldn't a contract 10 years from now be worth more than one today?

Like if I can sign contract today of 10M/year, I'd be able to get one 10 years from now for like 12M/year?

[FreezingTsmoove]

Retro Lebrons will be as big as the retro Jordans in the year 2040, 2045

This means Larby's "career success " will be shoved down our throats for the rest of our lives in order to sell the old mans shoes

But everyone from our time period will know he is a true BETA

[StephHamann]

Can anyone who understands finance explain if this is a bad idea or not? I don't know much but as far as I understand, with inflation, wouldn't a contract 10 years from now be worth more than one today?

Like if I can sign contract today of 10M/year, I'd be able to get one 10 years from now for like 12M/year?

Yes he probably loses money in the long term, but even if Lebron somehow went full OJ Simpson mode, Nike still has to pay him. It's working both ways.

[Nash]

Nike don't play.. it's crazy how much money they throw around. LeBron has what? 2-3 prime years left? goddamn..

5 years left.. a lifetime of other projects.
imagine sitting there being 83 years old collecting dat Nike salary.

[outbreak]

Can anyone who understands finance explain if this is a bad idea or not? I don't know much but as far as I understand, with inflation, wouldn't a contract 10 years from now be worth more than one today?

Like if I can sign contract today of 10M/year, I'd be able to get one 10 years from now for like 12M/year?

It's a life time deal though, when he's 40-50 years old he won't be worth as much if he wants to sign a new shoe deal then

[Beastmode88]

LeBron brand gonna be bigger than Jordan's.

Good joke bro.

[HylianNightmare]

Retro LeBron shoes confirmed

[bluechox2]

in before nike name changes and files for bankruptcy under the previous name and cleans slate for its stupid business mistakes.

or

nike becomes so rich, it just hires an asassin to take out james when hes insignificant