LeBron James signs lifetime contract with Nike

[Fudge]

Le****ingGod :bowdown:


Darren Rovell ‏@darrenrovell 17m17 minutes ago
BREAKING: Nike has signed LeBron James to a lifetime deal. Largest single athlete guarantee in company's 44-year history.

[inclinerator]

25 mil a year for life

[MP.Trey]

LeBron brand gonna be bigger than Jordan's.

[outbreak]

inb4 he signs with Adidas in a couple of years when somewhere wearing their shoes becomes MVP.

[Dr Hawk]

inb4 he signs with Adidas in a couple of years.

He should

Adidas >>>>>>>

[TheImmortal]

Nike don't play.. it's crazy how much money they throw around. LeBron has what? 2-3 prime years left? goddamn..

[the_troof]

AHa LARBY

[Dave3]

Can anyone who understands finance explain if this is a bad idea or not? I don't know much but as far as I understand, with inflation, wouldn't a contract 10 years from now be worth more than one today?

Like if I can sign contract today of 10M/year, I'd be able to get one 10 years from now for like 12M/year?

[FreezingTsmoove]

Retro Lebrons will be as big as the retro Jordans in the year 2040, 2045

This means Larby's "career success :lol " will be shoved down our throats for the rest of our lives in order to sell the old mans shoes

But everyone from our time period will know he is a true BETA

[StephHamann]

Can anyone who understands finance explain if this is a bad idea or not? I don't know much but as far as I understand, with inflation, wouldn't a contract 10 years from now be worth more than one today?

Like if I can sign contract today of 10M/year, I'd be able to get one 10 years from now for like 12M/year?

Yes he probably loses money in the long term, but even if Lebron somehow went full OJ Simpson mode, Nike still has to pay him. It's working both ways.

[Nash]

Nike don't play.. it's crazy how much money they throw around. LeBron has what? 2-3 prime years left? goddamn..
5 years left.. a lifetime of other projects.
imagine sitting there being 83 years old collecting dat Nike salary.

[outbreak]

Can anyone who understands finance explain if this is a bad idea or not? I don't know much but as far as I understand, with inflation, wouldn't a contract 10 years from now be worth more than one today?

Like if I can sign contract today of 10M/year, I'd be able to get one 10 years from now for like 12M/year?
It's a life time deal though, when he's 40-50 years old he won't be worth as much if he wants to sign a new shoe deal then

[Beastmode88]

LeBron brand gonna be bigger than Jordan's.

Good joke bro.

[HylianNightmare]

Retro LeBron shoes confirmed

[bluechox2]

in before nike name changes and files for bankruptcy under the previous name and cleans slate for its stupid business mistakes.

or

nike becomes so rich, it just hires an asassin to take out james when hes insignificant

[Sarcastic]

Lebron Family eating steak tonight.

[Kvnzhangyay]

Can anyone who understands finance explain if this is a bad idea or not? I don't know much but as far as I understand, with inflation, wouldn't a contract 10 years from now be worth more than one today?

Like if I can sign contract today of 10M/year, I'd be able to get one 10 years from now for like 12M/year?

It's probably adjusted

Even if it's not, inflation is pretty low nowdays also. Last time I checked, 2015 it was around 0.2%? or something? If then it would take 350 years for his effective wealth to be halved

[TemporaMutantur]

Lebron Family eating steak tonight.

More like beluga caviar, you peasant. :coleman:

[Draz]

Yes he probably loses money in the long term, but even if Lebron somehow went full OJ Simpson mode, Nike still has to pay him. It's working both ways.
The company (Nike) can file a lawsuit possibly to reverse the contract because he's ruining the reputation of the company.. Right?

[cranincu]

nike hitmen will eventually remove him

[Lebronxrings]

f*cking alpha. :applause:

[Hey Yo]

nike hitmen will eventually remove him
For making them trillions of dollars?


Why remove the cash cow?

[4 Inches]

Another black man making money legit :applause:

[warriorfan]

Lebron Family eating steak tonight.
Lambo James always eating fish :applause:

[Spurs m8]

LeBron brand gonna be bigger than Jordan's.

Yeah, so big he won't even actually have his own brand.

You ****ing retard

[Nuff Said]

Yeah, so big he won't even actually have his own brand.

You ****ing retard
Lol. I think it's a good deal for lebron if it really is 25m per year. Are lebron's really going to be selling that much 30 years later? I'm inclined to say no but who knows. Either way that makes him $1bill in 40 years. Not a bad deal at all.

[LoneyROY7]

Phil Knight gives no f*cks.

[Beastmode88]

Lambo James always eating fish :applause:

:roll: :roll: :roll:

[MiseryCityTexas]

Most of Lebron's shoes were crap though.

[WorldWarriors]

Good for Lebron. Get money.

[MiseryCityTexas]

LeBron brand gonna be bigger than Jordan's.

No it's not. Matter of fact, I seen a couple of Lebron's sneakers at the bargain bin section of Burlington Coat Factory for 80 bucks.

[MiseryCityTexas]

I seen a pair of Kevin Durants at the bargain bin section of Burlington coat factory for 35 dollars on Black Friday. You will never, ever see any pairs of Jordans at no damned Burlington Coat Factory.:oldlol:

[Draz]

Word? Need a pair of new shoes for the gym might find some Durants for cheap

[jimmy77x]

How much of this goes to the Lebron family? Oh thats right theyre all a bunch of basement dwelling losers living vicarious lifestyles.:roll: :roll: :roll:

[dazzer87]

I seen a pair of Kevin Durants at the bargain bin section of Burlington coat factory for 35 dollars on Black Friday. You will never, ever see any pairs of Jordans at no damned Burlington Coat Factory.:oldlol:
Whats so funny about this? Burlington coat factory is a high end shop in OKC.

[buddha]

Retro Lebrons will be as big as the retro Jordans in the year 2040, 2045

This means Larby's "career success :lol " will be shoved down our throats for the rest of our lives in order to sell the old mans shoes

But everyone from our time period will know he is a true BETA

not when LeBron finishes his career 2/10

it's gonna be all about those retro Curry's.

Curry brand about to make under armor the next nike.

[buddha]

I seen a pair of Kevin Durants at the bargain bin section of Burlington coat factory for 35 dollars on Black Friday. You will never, ever see any pairs of Jordans at no damned Burlington Coat Factory.:oldlol:

low key admitting he is poverty :roll: