Weeks After Billion Dollar Contract With $3,500,000,000, Company, Stephen Curry Receives a ?$75 Million Award?

Golden State Warriors star Stephen Curry has been one of the most marketable players in the league for over a decade now. His limitless range and ball-handling skills only make him a more lucrative player. With such attention, Curry bags numerous endorsements with high-profile brands. One of these brands decided to award him a hefty $75 million bonus after they signed a massive deal in order to continue the partnership with him.

Stephen Curry recently extended his partnership with sneaker giant, Under Armour. Curry has been with the $3.5 billion worth company since way back in 2013, after parting ways with Nike. Curry recently became the first Under Armour athlete to sign a lifetime deal with the company. For his commitment, the four-time NBA champions received a big reward.

Stephen Curry receives a huge $75 million bonus

Recently, Under Armour and Stephen Curry announced a long-term partnership with the four-time NBA champion. The partnership will go well beyond his playing days and will continue to pay him even after he retires.

Curry disclosed the deal?s worth to ‘Rolling Stone’ magazine, which is expected to be well over $1 billion. And now, the Warriors superstar has gotten another $75 million in bonus from the company in order to endorse the brand, according to a report by The Athletic.

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A large grant of shares was given to Stephen Curry by Under Armour worth $75 million, which will be a part of his package. Curry will be receiving this bonus as he continues to play the role of President for Under Armour?s Curry brand.

In a public SEC filing by the company, Stephen Curry received 8,823,530 units of Under Armour stock. This stock is valued to be worth $75 million which was received by Curry on April 3. The Warriors star and the brand also announced a new partnership, which will be a lifelong deal.

Moreover, the bonus received by Curry is only a part of what he will be getting from the company as he remains the company?s ambassador.

Curry is following in the footsteps of NBA giants

Stephen Curry has managed to follow in the footsteps of Michael Jordan and LeBron James. The Warriors star’s Curry brand with Under Armour is much like Michael Jordan?s Jordan brand with Nike.

And LeBron James was one of the many athletes that were offered a lifetime contract worth $1 billion by Nike. So, it looks like Curry will be cashing in big cheques even when he retires from the league.

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In his role as the company’s brand ambassador, Curry will also be granted oversight over product development, marketing endeavours, strategic business opportunities, and look into insights into athletes. So, you can be sure that the Golden State’s star point guard will be increasing the company’s revenue quite a bit.