After receiving strong interest from several footwear brands, Chicago Bulls guard Zach LaVine has agreed to terms with Adidas on a four-year endorsement deal that could be worth as much as $35 million, industry sources told ESPN on Thursday.
LaVine, 22, has yet to play this season as he recovers from a torn left ACL suffered in February but hopes to be the future face of both the Bulls franchise and the Adidas brand.
“I was looking for a partner that would grow with me as my career continues to unfold,” LaVine said to ESPN. “Adidas convinced me that I have a chance to legitimately become a face of the brand.”
The former 13th pick of the 2014 draft had worn Nike throughout his first three seasons in the league, with Nike retaining a “match clause” over any potential offer sheet from a competing brand this fall. After reviewing the offer this week, Nike officially waived the clause, according to sources, finalizing LaVine’s agreement with Adidas.
Source: Nick DePaula of ESPN
Sources: Jimmy Butler Trade Talks ‘mostly dormant’
For now, Minnesota’s talks with teams around the NBA are mostly dormant, league sources told The Athletic. The Miami Heat have long been the most aggressive team pursuing Butler, having advantages with a young, promising wing in Josh Richardson, being a team not in Minnesota’s conference and holding other assets to add in a package. Yet days before their own season opener Wednesday, Miami president Pat Riley informed his locker room that the team would stick with the current roster to start the season in a show of loyalty the organization has for their current players, league sources said.
Source: Shams Charania of The Athletic
Sources: HEAT, Pat Riley ‘pulling the plug’ on Jimmy Butler Trade
In another rare confirmation of Miami Heat trade negotiations, a team spokesman confirmed shortly before Thursday night’s game that Heat President Pat Riley recently told the team’s players he was “pulling the plug” on trade negotiations regarding disgruntled Minnesota Timberwolves guard Jimmy Butler.
Amid growing speculation of specific Heat players being offered for Butler, Riley, during a recent practice session, lined up the team’s players on the practice court at AmericanAirlines Arena and told them he was standing by them.
Riley, however, did not state that a trade was categorically off the table.
Report: G League to Offer $125K Salaries to Elite Prospects
The NBA G League today announced a Select Contract as part of a comprehensive professional path that will be available, beginning with the 2019-20 season, to elite prospects who are eligible to play in the NBA G League but not yet eligible for the NBA. The contracts, which will include robust programmatic opportunities for development, are for elite players who are at least 18 years old and will pay $125,000 for the five-month season.
“Select Contracts are an answer to the basketball community’s call for additional development options for elite players before they are eligible for the NBA,” said NBA G League President Malcolm Turner. “The supporting infrastructure surrounding these newly-created Select Contracts is designed to provide a rich offering of basketball and life skills developmental tools for top young players to grow along their professional paths from high school to the pros.”