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Stock impact report

Caitlin Clark set to sign massive shoe deal with Nike, according to reports [USA TODAY]

Nike, Inc. (NKE) 
Last nike, inc. earnings: 3/24 04:15 pm Check Earnings Report
US:NYSE Investor Relations: investors.nike.com/home/default.aspx
Company Research Source: USA TODAY
Reporting from The Athletic and the Wall Street Journal said the deal is worth $28 million over eight years and will include a signature shoe. Representatives at Excel Sports Management, the agency that represents Clark, and Nike did not immediately respond to USA TODAY Sports' request for comment. The deal would provide a nice income boost to Clark, who as a WNBA rookie in 2024 will make a base salary of $76,535. The $28 million figure would be the most ever for a women's basketball player. Only three other WNBA players – Breanna Stewart (Puma), Elena Delle Donne (Nike) and Sabrina Ionescu (Nike) – currently have signature shoes. (Ionescu's deal was reportedly worth $24 million when she signed it in 2020, but according to the Wall Street Journal, she will not get that much. Her deal expires at the end of 2025.) According to the Wall Street Journal, while numerous brands presented potential partnerships to Clark, Nike separated itself with both the promise of a signature sneak Show less Read more
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