The man who put the Warriors back on the map did the same for Under Armour’s basketball brand. And according to ESPN, he’s sticking around.
Per ESPN’s Nick DePaula, Stephen Curry has signed a major extension with Under Armour. Per DePaula:
Although exact terms were not disclosed, the new agreement could be one of the richest-ever endorsement deals in sports once annual base pay, stock equity, royalties on signature products and on-court incentive bonuses are tallied.
The agreement gives Curry the title of president within his Curry Brand division and “will receive additional resources to grow his namesake brand.”
Though the numbers, again, are not available, DePaula states the “growth potential of the stock awarded and expected annual compensation” of the contract could pay him more than his career earnings with the Warriors, which will pay him north of $473 million through 2026.
While there is no disclosed timetable of the deal, DePaula quotes Curry’s negotiator, Phil de Picciotto, —president and founder of the Octagon agency — as saying it’s a deal “meant to stand the ages.”
His previous contract with Under Armour would have expired in 2024.