End Of Contract With In Clark
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After being drafted into the WNBA, Caitlin Clark signed a 4-year contract worth $338,056 with the Indiana Fever. ing to the WNBA CBA, Clark will earn around $76,535 in her rookie season. Having a gradual increase year by year, she will earn $98,000 approx. in the final year of her contract, i.e. 2027.
Already, Clark has endorsement deals with many companies including, but not limited to, Nike, Gatorade, State Farm, Wilson, Panini America, Xfinity and Gainbridge.
Earlier this year, WNBA No. 1 overall pick Caitlin Clark made headlines by signing a groundbreaking endorsement deal with Nike valued at $28 million over the next eight years.
VERDICT. False. The narrative that Caitlin Clark turned down a $400 million deal with Nike due to the company's association with Colin Kaepernick was published by a satire website. This article was produced by the Reuters Fact Check team.
However, ESPN recently reported that Clark was invited to join the league with a $1 million offer, which she turned down. The invitation will still be available to her if she does decide to change her mind, the sports publication reported.
Nike STOLE Caitlin Clark Back From Adidas With a NEW Contract!
1 overall pick Caitlin Clark made headlines by signing a groundbreaking endorsement deal with Nike valued at $28 million over the next eight years. As part of the deal, Nike agreed to create a signature shoe for the Indiana Fever guard, marking a significant milestone in her career.
By comparison, Clark signed a four-year, $338,056 contract after being drafted by the Fever. She made $76,535 during the 2024 season and could earn up to $97,582 in annual salary in the final year of her deal. There is also her endorsement contract with Nike, which is reportedly $28 million over eight years.
The consumer's written notice of cancellation must be sent to the contractor at the address specified in the contract or offer. If the notice is given by mail, it is effective when it is deposited in the mail, properly addressed, with postage prepaid.
If no fixed term or mechanism for termination was agreed, then the agreement can usually be terminated by giving reasonable notice. Ideally a reasonable notice period should be agreed before notice is given. If this is not possible, legal advice should be sought as to a reasonable notice period.
