Tag Archives: Steve Nash

If The Shoe Fits…

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If The Shoe Fits…

Sports apparel has long been a source of revenue for teams and players alike.  Many athletes make more money from their endorsement deals than they do in salaries and wages.  The top endorsement contracts are more ridiculous than the salaries that leave our jaws agape on a regular basis.  LeBron James has a $90 million Nike contract and David Beckham received $161 million from Adidas for a lifetime of servitude.  Yes, that’s correct, a lifetime contract.  Anna Kournikova, the former pin-up star and occasional tennis player, was offered $50 million over 6 years.  The catch was that she needed to win, and since she never won a singles tournament in her life, she ended up taking home the $3 million guaranteed signing bonus.  Tiger Woods, the disgraced golfer, was making a cool $20 million from Nike alone at the height of his stardom.  Even after his fall from grace, he managed to take home $70 million in endorsements from a variety of sources.  Startling numbers, really. Read the rest of this entry

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