Kevin Durant resigns with Nike after a month of going back in forth between the swoosh and Under Armour. Kevin Durant will continue his signature sneaker series with the Swoosh for the next 10 years at figures between $265 million and $285 million. Expect news on upcoming KD VII colorways and the Nike KD 8 Here on Modern Notoriety.
“Nike countered Under Armour’s offer of between $265 million and $285 million and believes it will keep Kevin Durant for the next 10 years, sources told ESPN. Nike, whose seven-year deal that guaranteed Durant $60 million is expiring, made an initial offer of about $20 million a year that was far from what Durant was looking for. Under Armour’s huge play for Durant had many believing that Nike would even let him go at that price” – ESPN