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Started By
Message
Ben Simmons signs with Nike for 7.5 Million
Posted on 6/7/16 at 9:41 pm
Posted on 6/7/16 at 9:41 pm
quote:
It's impossible to know whether Ben Simmons will be the top pick of the upcoming NBA Draft, but his future footwear options are far less mysterious. According to a video posted to UNINTERRUPTED's Twitter account just before 6 p.m. Tuesday, the former LSU star has made up his mind: He'll be wearing Nike, to the tune of $7.5 million.
https://theadvocate.com/sports/lsu/16036490-128/from-lsu-with-a-swoosh-ben-simmons-reportedly-signs-multimillion-nike-deal
https://amp.twimg.com/v/8ae7abb9-88d9-4d47-8da8-3f26085a8d28
Not even close to 100 million
27
Posted on 6/7/16 at 9:42 pm to Signal Soldier
quote:
$7.5 million.
Lulz
Posted on 6/7/16 at 9:43 pm to Signal Soldier
Andrew Wiggins got 2 million a year
Posted on 6/7/16 at 9:44 pm to Paul Allen
Still I, AND YOU KNOW YOU, would be doing backflips right now dude
Posted on 6/7/16 at 9:44 pm to Signal Soldier
Can't even get a TD account with that contract.
Posted on 6/7/16 at 9:45 pm to Signal Soldier
Damn, he got more than that at LSU.
Posted on 6/7/16 at 9:47 pm to Signal Soldier
quote:
Not even close to 100 million
Actually that's 180 million pesos. ¡Viva Benny!
Posted on 6/7/16 at 9:48 pm to Signal Soldier
How many years?
Posted on 6/7/16 at 9:54 pm to Signal Soldier
How much after taxes?
Posted on 6/7/16 at 10:00 pm to Signal Soldier
Dude made 7.5 Mill and hasn't dribbled a ball yet
And u clowns hate....
frick off tigerdroppings frick faces
You are all poor and mad
And u clowns hate....
frick off tigerdroppings frick faces
You are all poor and mad
Posted on 6/7/16 at 10:17 pm to Signal Soldier
quote:
7.5 Million
LOL
Posted on 6/7/16 at 10:19 pm to LSUtoOmaha
13 year contract... basically his entire NBA career.
So about 100 million total.
So about 100 million total.
Posted on 6/7/16 at 10:25 pm to Signal Soldier
Good for him.
Posted on 6/7/16 at 10:29 pm to Signal Soldier
Posted on 6/7/16 at 10:30 pm to Signal Soldier
Good for him, hope he isn't broke in ten years.
Posted on 6/7/16 at 10:30 pm to lsufan112001
quote:
Good for him.
Proud of him.
Posted on 6/7/16 at 10:55 pm to Signal Soldier
quote:
Not even close to 100 million
He was never getting 100 million.
Posted on 6/7/16 at 11:03 pm to ATLTiger
Won't be seeing him on the OT board...
Posted on 6/7/16 at 11:09 pm to ATLTiger
I wonder what the incentives are in the contract
Posted on 6/7/16 at 11:13 pm to Tigers_Saints
quote:
I wonder what the incentives are in the contract
Not sure, but there is a ton of misinformation in this thread.
The Yahoo article has it right - it is 5 years for $12.5MM, not $12.5MM per year for 5 years.
quote:
The adidas offer began at $10 million over five years, with a $2 million signing bonus and a $1 million bonus for winning the Rookie of the Year Award. The offer was upped to $17 million over five years, with the bonuses still on the table.
Nike's initial offer began much lower at $7.5 million over five years. After the NBA's draft lottery locked in the Philadelphia 76ers and the Los Angeles Lakers at the first and second picks, respectively, Nike increased its offer to $12 million over five years, with incentives valued much lower than adidas’.
A key difference in the offers: Simmons would have owned a “rollover clause” in the adidas deal, but not with Nike, sources said. If Simmons were to win the Rookie of the Year Award and the subsequent $1 million bonus, his second-year base number with adidas would've rolled over that additional million and landed at $4.4 million. Each year thereafter would've had a base number including all incentives earned to that point, which could have dramatically increased the overall value of the deal. There were also several additional bonuses for earning All-Star honors.
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