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Sources: Zach LaVine, Adidas Agree to Terms on Four-Year Deal
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