Caitlin Clark’s Nike deal is being hailed as a monumental achievement by fans, but according to Dave Portnoy, it falls short of its true value. Portnoy believes that Nike is essentially robbing Clark with this contract.
According to the Barstool founder, Caitlin Clark’s 8-year, $28 million deal is nothing short of stealing.
As part of the agreement, a signature Clark shoe is included, and it carries an average annual value of $3.5 million.
Dave is convinced that Clark is worth at least $10 million!
She is worth 80 million min in just 8 years, and even that seems like too little. I really hope she has the option to leave early if they don’t pay her what she deserves when she finishes this deal.
Clark’s stardom is truly unprecedented in its magnitude. The women’s NCAA Tourney Final surpassed the men’s, capturing the attention of over 18 million viewers compared to the 14 million viewers for the men’s final. This was a historic moment, as it marked the first time the women’s tournament had outperformed the men’s in terms of viewership. Additionally, the WNBA Draft also experienced record-breaking ratings, further highlighting the growing popularity and influence of women’s basketball.
Dave and other critics are of the opinion that the Nike deal vastly underestimates Clark’s worth, as they predict she will generate an unprecedented surge in product sales.
NBA superstars have seen a significant increase in their earnings with the arrival of highly lucrative contracts. LeBron James, for instance, has inked a lifetime deal with Nike that is estimated to be valued at over $1 billion. Similarly, Giannis Antetokounmpo has reportedly signed a 10-year, $100 million deal with the renowned sports giant based in Oregon. The financial gains for these players have reached unprecedented heights.
There’s more. James Harden inked a lucrative 10-year, $200 million endorsement agreement with Adidas a few years ago. Lillard also secured a significant deal with the company, signing a 10-year, $100 million contract. It’s not just them, though. Donovan Mitchell, Steph Curry, and other notable players also boast substantial endorsement deals.
Can Will Clark’s star power translate into big bucks at the cash register? If it does, she could be worth a lot more than what she received!