Four years ago, Nike swooped up a promising Latvian 17-year old with a shoe contract. Kristaps Porzingis was in the process of becoming of the best prospects in basketball at the time and Nike wanted him to wear their shoes when he was on the court. On Oct. 1, Nike's deal with Porzingis expired and the New York Knicks' second year big man went out looking for a new deal. Immediately, Adidas swooped in and kept trying to sign up as many young NBA players as they possibly can.
Shoe guru Nick DePaula of the Vertical is reporting that Adidas and Porzingis have agreed on a multiyear deal for footwear and apparel that will pay Porzingis in the neighborhood of $3 million and $6 million annually. It's the biggest shoe contract for a European player ever. Nike has the right to match the deal but DePaula is also reporting they are not expected to match.