Current:Home > ScamsCaitlin Clark set to sign massive shoe deal with Nike, according to reports -MoneySpot
Caitlin Clark set to sign massive shoe deal with Nike, according to reports
View
Date:2025-04-17 04:20:32
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 lschnell@usatoday.com and follow her on social media @Lindsay_Schnell
veryGood! (318)
Related
- Dick Vitale announces he is cancer free: 'Santa Claus came early'
- Uranium is being mined near the Grand Canyon as prices soar and the US pushes for more nuclear power
- Ukraine's Zelenskyy warns Putin will push Russia's war very quickly onto NATO soil if he's not stopped
- DA suggests Donald Trump violated gag order with post about daughter of hush-money trial judge
- Trump issues order to ban transgender troops from serving openly in the military
- Baltimore bridge collapse victim, father of three, was fighting for us always, wife tells WJZ
- 2nd man pleads not guilty to Massachusetts shooting deaths of woman and her 11-year-old daughter
- Jets land star pass rusher Haason Reddick in trade with Eagles, marking latest splashy move
- Former Danish minister for Greenland discusses Trump's push to acquire island
- International Court Issues First-Ever Decision Enforcing the Right to a Healthy Environment
Ranking
- Federal hiring is about to get the Trump treatment
- The Texas attorney general is investigating a key Boeing supplier and asking about diversity
- United Airlines Boeing 777 diverted to Denver from international flight due to engine issue
- About 90,000 tiki torches sold at BJ's are being recalled due to a burn hazard
- See you latte: Starbucks plans to cut 30% of its menu
- James Madison moves quickly, hires Preston Spradlin as new men's basketball coach
- Ariana Madix Announces Bombshell Next Career Move: Host of Love Island USA
- 'Young and the Restless' actress Jennifer Leak dies at 76, ex-husband Tim Matheson mourns loss
Recommendation
Nearly 400 USAID contract employees laid off in wake of Trump's 'stop work' order
Barcelona's Sagrada Familia church expected to be completed in 2026
Abercrombie & Fitch’s Clearance Section Is Full of Cute Styles, Plus Almost Everything Else Is On Sale
Duke knocks off No. 1 seed Houston to set up all-ACC Elite Eight in South Region
Will the 'Yellowstone' finale be the last episode? What we know about Season 6, spinoffs
American tourist dies, U.S. Marine missing in separate incidents off Puerto Rico coast
Low-income subway, bus and commuter rail riders in Boston could be getting cheaper fares
Tori Spelling files to divorce estranged husband Dean McDermott after 17 years of marriage