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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.
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. A 16th is coming soon.
We proactively seek athletes to wear the Swoosh and represent the Nike brand. While we appreciate your love of sport and interest in Nike, we don't accept unsolicited sponsorship requests.
We proactively seek athletes to wear the Swoosh and represent the Nike brand. While we appreciate your love of sport and interest in Nike, we don't accept unsolicited sponsorship requests.
The deals usually run for 10 to 15 years and amount to millions of dollars. Most contracts consist of an annual cash payment as well as clothes, shoes, and equipment. Some even include bonus payouts if teams make it to post-season tournaments or win championships.