Caitlin Clark is set to sign a new Nike deal valued at $28 million over 8 years, reports say

Associated Press Finance04-24

Caitlin Clark appears to be on the cusp of setting another record. The most prolific scorer in NCAA Division I history and the No. 1 overall pick in the WNBA draft will continue her association with ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2429102271?lang=en_US&edition=fundamental","thumbnail":"https://s.yimg.com/uu/api/res/1.2/2actKIpbuj7F8OMQks8qtQ--~B/aD0yNjQyO3c9Mzk2MjthcHBpZD15dGFjaHlvbg--/https://media.zenfs.com/en/ap_finance_articles_694/b81ae20cad86b8f69e5442d40768c13f","is_english":true,"pubTime":"2024-04-24 00:50","share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","id":"2429102271","market":"us","top_or_hot":-1,"title":"Caitlin Clark is set to sign a new Nike deal valued at $28 million over 8 years, reports say","media":"Associated Press Finance","content":"<div>\n<p>Caitlin Clark appears to be on the cusp of setting another record.\nThe most prolific scorer in NCAA Division I history and the No. 1 overall pick in the WNBA draft will continue her association with ...</p>\n\n<a href=\"https://finance.yahoo.com/news/caitlin-clark-set-sign-nike-165054058.html\">Source Link</a>\n\n</div>\n","source":"yahoofinance","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Caitlin Clark is set to sign a new Nike deal valued at $28 million over 8 years, reports say</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCaitlin Clark is set to sign a new Nike deal valued at $28 million over 8 years, reports say\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-04-24 00:50 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/caitlin-clark-set-sign-nike-165054058.html><strong>Associated Press Finance</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Caitlin Clark appears to be on the cusp of setting another record.\nThe most prolific scorer in NCAA Division I history and the No. 1 overall pick in the WNBA draft will continue her association with ...</p>\n\n<a href=\"https://finance.yahoo.com/news/caitlin-clark-set-sign-nike-165054058.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU0786609619.USD","symbol_name":"高盛全球千禧一代股票组合Acc","start_time":0,"source_url":"https://finance.yahoo.com/news/caitlin-clark-set-sign-nike-165054058.html","article_id":"2429102271","we_media_id":null,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/2actKIpbuj7F8OMQks8qtQ--~B/aD0yNjQyO3c9Mzk2MjthcHBpZD15dGFjaHlvbg--/https://media.zenfs.com/en/ap_finance_articles_694/b81ae20cad86b8f69e5442d40768c13f"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2429102271","pubTimestamp":1713891054,"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"Caitlin Clark appears to be on the cusp of setting another record.The most prolific scorer in NCAA Division I history and the No. 1 overall pick in the WNBA draft will continue her association with Nike by signing a $28 million contract that spans eight years and includes a signature shoe.The Wall Street Journal and The Athletic reported the pending deal, citing unnamed people familiar with the negotiations between the sportswear giant and Clark's agents.Excel Sports Management, which represents Clark, and Nike did not immediately respond to requests for comment from The Associated Press.Clark's initial name, image and likeness deal, signed in 2022, expired at the end of the 2023-24 season.Clark received offers of $16 million over four years from Under Armour and $6 million over four years from Adidas, with both including a signature shoe, according to the WSJ.The reported eight-year contract with Nike shows the sportswear giant's commitment. At 22, Clark could play well over a decade ","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"LU0786609619.USD":"高盛全球千禧一代股票组合Acc","BK4561":"索罗斯持仓","BK4585":"ETF&股票定投概念","BK4534":"瑞士信贷持仓","NKE":"耐克","BK4533":"AQR资本管理(全球第二大对冲基金)","BK4588":"碎股","LU0823411888.USD":"法巴消费创新基金 Cap","BK4581":"高盛持仓","BK4146":"鞋类","LU1303367103.USD":"摩根大通多经理另类基金 A (acc)","BK4558":"双十一","BK4566":"资本集团","LU2098885051.SGD":"JPMorgan Funds - Multi-Manager Alternatives A (acc) SGD"},"translate_title":"报道称，凯特琳·克拉克将与耐克签署一份为期8年、价值2800万美元的新合同","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"NKE":1},"content_text":"Caitlin Clark appears to be on the cusp of setting another record.\nThe most prolific scorer in NCAA Division I history and the No. 1 overall pick in the WNBA draft will continue her association with Nike by signing a $28 million contract that spans eight years and includes a signature shoe.\nThe Wall Street Journal and The Athletic reported the pending deal, citing unnamed people familiar with the negotiations between the sportswear giant and Clark's agents.\nExcel Sports Management, which represents Clark, and Nike did not immediately respond to requests for comment from The Associated Press.\nClark's initial name, image and likeness deal, signed in 2022, expired at the end of the 2023-24 season.\nThe new deal would be the richest sponsorship contract for a women’s basketball player.\nUnder Armour and Adidas also participated in contract discussions with Clark's team in February, according to the WSJ and Athletic. Puma also showed some interest but walked away when told the bidding would start at $3 million per year, according to the WSJ.\nClark received offers of $16 million over four years from Under Armour and $6 million over four years from Adidas, with both including a signature shoe, according to the WSJ.\nClark earned about $3 million in NIL money at Iowa with deals she has had with State Farm, Gatorade and others, according to On3.com.\nClark's agents were working on the new Nike contract even before she announced she would turn pro instead of return to Iowa for a fifth season under the COVID-19 exemption offered to players in college during the 2020 pandemic season.\nAfter averaging 31.6 points and leading the Hawkeyes to a second straight national championship game, Clark was drafted No. 1 by the Indiana Fever on April 15. She'll earn a $76,000 salary as a rookie.\nShe's been the main driver for the dramatic uptick in women's basketball interest with her mix of deep 3-point shots, flashy thread-the-needle passes and overall court presence. A women's basketball-record 18.9 million viewers watched Iowa's loss to South Carolina in the NCAA title game, and a WNBA-record 2.45 million watched the draft.\nOf the Fever’s 40 games this season, 36 will be nationally televised, and ticket sales have skyrocketed around the league.\nHer marketability is enhanced by her polished performances in media settings, and her surprise appearance on “Saturday Night Live” two weeks ago was widely acclaimed and exposed her to an even wider audience.\nThe reported eight-year contract with Nike shows the sportswear giant's commitment. At 22, Clark could play well over a decade in the WNBA and she could be on the U.S. roster for the Olympics in Paris this year, in Los Angeles in 2028 and Brisbane, Australia, in 2032.\n___\nAP WNBA: https://apnews.com/hub/wnba-basketball","kind":null,"is_publish_news":null,"is_publish_highlight":null,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.22.4","shortVersion":"4.22.4","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2429102271"}