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Blog posts: "deal"

NBA: Derrick Rose closing in on megamillion shoe deal with adidas

December 31, 2011

SPORTINGNEWS- Derrick Rose could soon be adding a nine-figure shoe deal to his $94 million basketball contract.

ESPN.com reported Friday that the Chicago Bulls point guard and reigning NBA MVP is nearing agreement with adidas on a so-called "lifetime" contract that could pay him as much as $250 million over 10 years.

One reason for adidas' willingness to pay, according to ESPN.com's Marc Stein: Rose is adidas' strongest competition to Nike endorser Kobe Bryant in China. Rose outsells Nike's LeBron James in that country, according to Stein's sources.

Adidas also employs Orlando Magic center Dwight Howard, as NBC Sports notes.

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