Zion is also probably better off playing for the Pelicans than the Knicks. Despite their record, the Pelicans are not a bad team. However, based on Zion Williamson's current projections as an NBA star, I would say he is a bust.
It seems inconceivable that Williamson wears such a small shoe size 11. He doesn't. The first paragraph says he wears size 15.
Just one month after being selected out of the NBA draft by the Pelicans, Zion inked the second-most lucrative shoe deal by any rookie at five years, $75 million. (LeBron signed a seven-year, $97 million contract.)
Duke tweeted a photo Thursday of Williamson lacing up his blue and white Nike Kyrie 4s, which, of course, are one of Boston Celtics point guard Kyrie Irving's shoes.
Why it matters: Zion's deal is worth a reported $75 million over seven years, which would make this the biggest shoe deal since Nike signed LeBron James for $90 million in 2003. The amount of money Jordan Brand will pay Zion annually over the lifetime of this deal: $10.7 million
Williamson is technically a Jordan Brand guy, and his own signature shoe isn't here just yet. The Pelicans youngster will reportedly star the year wearing the latest Jordan — the 34 — but his own signature line might not be too far off.
Nike reported net income of $1.1 billion, or 68 cents a share, compared with a net loss of $921 million, or a loss of 57 cents per share, a year ago.
Zion Willamson will return to Duke's lineup Thursday night for the first time since injuring his knee after one of his sneakers exploded on Feb. 20. It appears he will do so without the Nike PG 2.5s he was wearing that night. According to a photo posted on Twitter by Sports Illustrated's “The Crossover,” the likely No.
Nike Loses $3.75 Billion in Market Cap After Colin Kaepernick Named Face of 'Just Do It' Ads. Nike just lost about $3.75 billion in market cap after announcing free agent NFL quarterback Colin Kaepernick as the new face of its “Just Do It” ad campaign.
The decline has been exacerbated by the cancellation of major sporting events, including the Olympics, NBA, and Euro 2020, that form a decent part of the company's top line. Additionally, Nike has temporarily shuttered stores outside the Asia-Pacific region, which is further impacting the company's performance.
Trade war has been cause for concern for some retailers
Nike Inc. shares fell more than 3% in the extended session Thursday after the company missed consensus earnings estimates but beat revenue projections. Nike US:NKE stock has gained 12.9% this year, with the S&P 500 index US:SPX rising 16.2%.Zion Williamson signed a $75 million shoe deal before ever playing an NBA game. It could represent the biggest emerging threat to teams in today's NBA.
