Current:Home > MyCaitlin Clark set to sign massive shoe deal with Nike, according to reports -ForexStream
Caitlin Clark set to sign massive shoe deal with Nike, according to reports
FinLogic FinLogic Quantitative Think Tank Center View
Date:2025-04-10 14:00:32
Caitlin Clark is about to get even richer.
According to reports, Clark, the No. 1 pick in the WNBA draft two weeks ago, is set to sign an eight-figure shoe deal with Nike. Reporting from The Athletic and the Wall Street Journal said the deal is worth $28 million over eight years and will include a signature shoe.
Representatives at Excel Sports Management, the agency that represents Clark, and Nike did not immediately respond to USA TODAY Sports’ request for comment.
The deal would provide a nice income boost to Clark, who as a WNBA rookie in 2024 will make a base salary of $76,535. The $28 million figure would be the most ever for a women’s basketball player.
Only three other WNBA players – Breanna Stewart (Puma), Elena Delle Donne (Nike) and Sabrina Ionescu (Nike) – currently have signature shoes. (Ionescu’s deal was reportedly worth $24 million when she signed it in 2020, but according to the Wall Street Journal, she will not get that much. Her deal expires at the end of 2025.)
According to the Wall Street Journal, while numerous brands presented potential partnerships to Clark, Nike separated itself with both the promise of a signature sneaker and the longevity of its deal.
Eight years means Clark will have the opportunity to rep Nike for potentially three Olympic Games: 2024 in Paris, 2028 in Los Angeles and 2032 in Australia. The 2024 roster has not yet been set, but Clark, who will begin play with the Indiana Fever on May 14, is expected to contend heavily for a spot. Because she wasn’t able to attend USA Basketball training camp in Cleveland last month – she was busy playing in the Final Four – her early WNBA play will serve as a tryout of sorts for the senior national team.
Nike, which had signed Clark to an NIL (name, image, likeness) deal during her time at Iowa, is on a long list of brands that wanted to be associated with the 22-year-old. In addition to Nike, Clark has sponsorship deals with State Farm, Gatorade, Buick and Bose, among others.
Clark became a household name over the last year after rewriting the record books at Iowa. Tickets to see her play during the regular season went for as much as $1,000, and millions tuned in to watch her in the Final Four for the second consecutive year.
Her appeal seems to only be growing as she starts her professional career: Just an hour after being drafted on April 15, Clark’s jersey was nearly impossible to find online, having sold out in most sizes.
Email Lindsay Schnell at [email protected] and follow her on social media @Lindsay_Schnell
veryGood! (7727)
Related
- Global Warming Set the Stage for Los Angeles Fires
- 2024 Olympics: Gymnast Stephen Nedoroscik win Bronze in Pommel Horse Final
- What to watch: Workin' on our Night moves
- Olympic medals today: What is the medal count at 2024 Paris Games on August 3?
- IRS recovers $4.7 billion in back taxes and braces for cuts with Trump and GOP in power
- Tyreek Hill of Miami Dolphins named No. 1 in 'Top 100 Players of 2024' countdown
- Paris Olympics highlights: Simone Biles, Katie Ledecky win more gold for Team USA
- Bird ignites fire in Colorado after it hits power lines, gets electrocuted: 'It happens'
- Nearly half of US teens are online ‘constantly,’ Pew report finds
- When does Noah Lyles race? Olympic 100 race schedule, results Saturday
Ranking
- The FTC says 'gamified' online job scams by WhatsApp and text on the rise. What to know.
- Olympics 2024: China Badminton Players Huang Yaqiong and Liu Yuchen Get Engaged After She Wins Gold
- Lakers unveil 'girl dad' statue of Kobe Bryant and daughter Gianna
- Trinity Rodman plays the hero in USWNT victory over Japan — even if she doesn't remember
- 2025 'Doomsday Clock': This is how close we are to self
- Team USA rowing men's eight takes bronze medal at Paris Olympics
- Coca-Cola to pay $6 billion in IRS back taxes case while appealing judge’s decision
- American swimmer Alex Walsh disqualified from 200 individual medley at Paris Olympics
Recommendation
Jamie Foxx gets stitches after a glass is thrown at him during dinner in Beverly Hills
Tyreek Hill of Miami Dolphins named No. 1 in 'Top 100 Players of 2024' countdown
Regan Smith thrilled with another silver medal, but will 'keep fighting like hell' for gold
Trump and Vance return to Georgia days after a Harris event in the same arena
South Korea's acting president moves to reassure allies, calm markets after Yoon impeachment
Stephen Nedoroscik, 'pommel horse guy,' wins bronze in event: Social media reactions
Taking Over from the Inside: China’s Growing Reach Into Local Waters
Firefighters continue battling massive wildfire in California ahead of thunderstorms, lightning