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Stock impact report

Caitlin Clark made up for her modest salary with a bonkers Nike deal [Business Insider]

Under Armour, Inc. Class C (UA) 
Last under armour, inc. class c earnings: 2/11 06:55 am Check Earnings Report
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Nike won the most competitive bidding war in women's basketball history, per the Journal. Basketball phenom Caitlin Clark sparked outcry earlier this month over the relatively modest yearly salary of $76,535 she's pocketing during her first year in the WNBA. But the 22-year-old breakout will more than make up for that amount thanks to a freshly-inked deal with Nike worth as much as $28 million over the course of eight years, The Wall Street Journal reports While Nike already had an endorsement deal with Clark that expired at the end of her senior season at the University of Iowa, a bidding war ensued between Nike, Adidas, Under Armour, and Puma that was the most competitive in women's basketball history, according to the Journal. Talks heated up at NBA All-Star weekend in Indianapolis in February, when Clark's reps at Excel Sports Management told suitors she was seeking a minimum $3 million commitment annually, according to the Journal. The Journal also reports Clark — who Show less Read more
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