Current:Home > reviewsCaitlin Clark set to sign massive shoe deal with Nike, according to reports -Ascend Finance Compass
Caitlin Clark set to sign massive shoe deal with Nike, according to reports
SignalHub Quantitative Think Tank Center View
Date:2025-04-08 11:06:32
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! (857)
Related
- Hackers hit Rhode Island benefits system in major cyberattack. Personal data could be released soon
- Ukraine's counteroffensive against Russia appears to be in opening phases
- PGA Tour and LIV Golf to merge, ending disruption and distraction and antitrust lawsuit
- King Charles III and Queen Camilla Officially Crowned at Coronation
- Meet the volunteers risking their lives to deliver Christmas gifts to children in Haiti
- AOC, Sanders Call for ‘Climate Emergency’ Declaration in Congress
- At Freedom House, these Black men saved lives. Paramedics are book topic
- These Candidates See Farming as a Climate Solution. Here’s What They’re Proposing.
- The city of Chicago is ordered to pay nearly $80M for a police chase that killed a 10
- World Hunger Rises with Climate Shocks, Conflict and Economic Slumps
Ranking
- Nevada attorney general revives 2020 fake electors case
- Troubled by Trump’s Climate Denial, Scientists Aim to Set the Record Straight
- This rare orange lobster is a one-in-30 million find, experts say — and it only has one claw
- Company Behind Methane Leak Is Ordered to Offset the Climate Damage
- Why members of two of EPA's influential science advisory committees were let go
- Of Course Princess Anne Was the Only Royal Riding on a Horse at King Charles III's Coronation
- Is California’s Drought Returning? Snowpack Nears 2015’s Historic Lows
- See Kaia Gerber Join Mom Cindy Crawford for an Epic Reunion With ‘90s Supermodels and Their Kids
Recommendation
Warm inflation data keep S&P 500, Dow, Nasdaq under wraps before Fed meeting next week
Katie Couric says she's been treated for breast cancer
This city is the most appealing among aspiring Gen Z homeowners
Recalled Boppy baby lounger now linked to at least 10 infant deaths
McConnell absent from Senate on Thursday as he recovers from fall in Capitol
Why Prince Harry Didn't Wear His Military Uniform to King Charles III's Coronation
Camila Cabello and Shawn Mendes’ Latest Reunion Will Have You Saying My Oh My
Florida arranged migrant flights to California, where officials are considering legal action