Write the name of the contract at the top of the page. Follow with the names or company names of all parties, in this format: This agreement is between ____ and ____. Contracts involving a business should include the business' full legal name, including descriptions such as “Ltd.” or “Inc.”
The following is a checklist of matters to be considered in drafting a contract for the employment of an athlete: Names of parties. Addresses of parties. Statement of hiring. Term of contract. Duties and obligations of athlete. Attendance at training camp. Amount of compensation. Times at which compensation payable.
Nike signs 12-year partnership extension with NBA, WNBA and G League. Nike will continue to design and manufacture NBA, WNBA and G League uniforms and on-court apparel through 2037. Nike will remain the exclusive on-court uniform and apparel provider for an additional 12 seasons.
Nike retains NBA uniform contract for further 12 years. The brand will continue to design and manufacture NBA, WNBA, and G League uniforms until 2037.
The contract template typically includes details such as the length of the contract, compensation, bonuses, performance expectations, rights to image and likeness, dispute resolution mechanisms, and other important clauses related to the professional athlete's employment and participation in the sport.
PHOENIX (AP) — Kevin Durant and Nike have agreed to a lifetime contract, making him just the third NBA player to receive such a deal, joining Michael Jordan and LeBron James. The 13-time All-Star has a relationship with Nike that dates back to 2007, releasing 15 different sets of shoes.