Nike presently controls approximately 93% of the basketball shoe market and to change that staggering huge number. Maryland based Under Armour has officially offered reigning MVP and DC native Kevin Durant a $265-285 million contract.
Kevin Durant’s representation has informed Nike that it has a $265M-$285M deal from Under Armour. Nike has the right to match.
— darren rovell (@darrenrovell) August 20, 2014
Jay-Z’s Roc Nation Sports agency has informed Nike of Under Armour’s reported 10-year deal and will allow them to match his clients offer. Either way, Durant will be a very rich man before the season begins with access to free shoes.
