ESPN’S Darren Rovell confirms that Under Armour has an offer for Kevin Durant somewhere worth $265 to $285 million for a 10 year commitment.
Jay-Z’s sports management firm, Roc Nation Sports, let Nike know that Under Armour has made the huge offer to KD. The exact numbers of the deal won’t be known until he signs the contract because the deal also includes a community center built in his mom Wanda Pratt’s name.
Luckily for Nike, in KD’s current contract, Nike has the opportunity to match that offer and KD is legally bound to stay with Nike. Sources have said that Nike’s last offer would have given Durant a base and a minimum royalty guarantee that would be at least $20 million a year.
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