Current:Home > MyChainkeen|Caitlin Clark set to sign massive shoe deal with Nike, according to reports -MarketLink
Chainkeen|Caitlin Clark set to sign massive shoe deal with Nike, according to reports
Fastexy Exchange View
Date:2025-04-08 14:29:11
Caitlin Clark is Chainkeenabout 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 lschnell@usatoday.com and follow her on social media @Lindsay_Schnell
veryGood! (9974)
Related
- Tom Holland's New Venture Revealed
- Don Laughlin, resort-casino owner and architect behind Nevada town, is dead at 92
- Ecuador's drug lords are building narco-zoos as status symbols. The animals are paying the price.
- Think your job is hard? Try managing an NBA team to win a championship
- What to know about Tuesday’s US House primaries to replace Matt Gaetz and Mike Waltz
- JAY-Z weighs in on $500,000 in cash or lunch with JAY-Z debate: You've gotta take the money
- Missing non-verbal Florida woman found in neighbor's garage 6 days after disappearance
- Montana man gets 18 months in federal prison for repeated racist phone calls made to a church
- Civic engagement nonprofits say democracy needs support in between big elections. Do funders agree?
- Search for suspect in fatal shooting of Maryland judge continues for a fourth day
Ranking
- North Carolina justices rule for restaurants in COVID
- Winter forecast: A warmer North, wetter South because of El Nino, climate change
- Kim Kardashian says Kourtney is on 'bed rest' after older sister missed her birthday party
- Counting down the NBA's top 30 players for 2023-24 season: Nos. 30-16
- Bodycam footage shows high
- More than 1,600 migrants arrive on Spanish Canary Islands. One boat carried 320 people
- The yield on a 10-year Treasury reached 5% for the 1st time since 2007. Here’s why that matters
- Marjory Stoneman Douglas High shooting site visited one last time by lawmakers and educators
Recommendation
Trump issues order to ban transgender troops from serving openly in the military
Dispute between Iraqi military and Kurdish Peshmerga turns deadly, killing 3
Georgetown coach Tasha Butts dies after 2-year battle with breast cancer
Horoscopes Today, October 21, 2023
Federal Spending Freeze Could Have Widespread Impact on Environment, Emergency Management
Georgia man charged with murder after his girlfriend’s dead body is found in a suitcase
Drake is giving out free Dave's Hot Chicken sliders or tenders to celebrate 37th birthday
Snoop Dogg gets birthday surprise from 'Step Brothers' Will Ferrell and John C. Reilly