Kevin Durant on the verge of mega deal
Updated: Jun 11, 2019
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Basketball superstar Kevin Durant just received a contract offer on Wednesday worth hundreds of millions of dollars, and it wasn’t from an NBA team. Under Armour, a sports apparel company, has offered to pay the Oklahoma City Thunder superstar $265 to $285 million dollars over 10 years, sources familiar with the situation told ESPN.
If accepted, the contract offer, which is fully guaranteed, would amount to almost 10 percent of Under Armour’s annual marketing budget, ESPN’s Darren Rovell reports. Besides the money, Durant would reportedly receive Under Armour stock and a community center built in his mother’s name. In fact, the endorsement deal would pay Durant more money over the next two years than his existing contract with the Thunder.