Nike, LeBron James and Klutch Sports got their man.
As reported by Shams Charania of The Vertical, Ben Simmons is nearing a multi-year endorsement deal with Nike.
Vertical Sources: Ben Simmons — projected top pick in 2016 NBA draft — is nearing agreement on a significant multiyear deal with Nike.
— Shams Charania (@ShamsCharania) June 7, 2016
Simmons is choosing Nike’s offer over one from adidas, marking the first time Nike has outbid adidas for a rookie player when only the two companies were involved. Adidas normally offers deals nearly twice the amount of Nike, which was required to increase its proposals for Simmons, sources said.
Simmons — currently projected as the No.1 pick in the upcoming draft by the 76ers — is represented by Klutch Sports, the same agency that represents Lebron James.