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Nike Signs LeBron to Lifetime Deal

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Nike has signed Cleveland Cavaliers forward LeBron James to a lifetime deal in what one source familiar with the negotiations said is the largest single-athlete guarantee in company history.

“We can confirm that we have agreed to a lifetime relationship with LeBron that provides significant value to our business, brand and shareholders,” Nike said in a statement. “We have already built a strong LeBron business over the past 12 years, and we see the potential for this to continue to grow throughout his playing career and beyond.”

Source: Darren Rovell of ESPN

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Sources: Dell Demps to Join Jazz Coaching Staff

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Former New Orleans Pelicans general manager Dell Demps has agreed to join the Utah Jazz as an assistant coach, reuniting with Quin Snyder, sources tell ESPN.

Source: Adrian Wojnarowski on Twitter

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Sources: ‘A lot of mutual interest’ between Tristan Thompson, Cavaliers

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The team source said that there’s “a lot of mutual interest” between Cleveland and [Tristan] Thompson.

Source: Spencer Davies of Basketball News

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Sources: Bulls Hire Billy Donovan as Head Coach

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The Chicago Bulls have hired former Oklahoma City Thunder head coach Billy Donovan as their new head coach, the team announced Tuesday.

Arturas Karnisovas, the Bulls’ executive vice president of basketball operations, aggressively pursued Donovan after the coach left the Oklahoma City Thunder, sources said, selling Donovan on a partnership and vision for a talented young roster and a chance to lead one of the league’s anchor franchises.

In an official statement, Donovan thanked the team’s ownership “for the opportunity to coach the Chicago Bulls” and said he is looking forward to working with Karnisovas.

Source: Adrian Wojnarowski of ESPN

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