Caitlin Clark’s Nike deal is being hailed as a monumental moment by countless fans. However, Dave Portnoy believes that the contract should have been valued significantly higher. In fact, he goes as far as to claim that Nike is committing an act of armed robbery!
Dave Portnoy, the founder of Barstool, expressed his strong dissatisfaction with the 8-year, $28 million deal for Caitlin Clark, stating that it is nothing short of stealing.
The agreement includes a signature Clark shoe and has an average annual value of $3.5 million.
According to Dave, Clark is worth at least $10 million!
CAITLIN CLARK — ON THE COURT
With a worth of 80 million min over the span of 8 years, she is certainly undervalued. It’s quite possible that even this amount is still too low. It would be ideal if she had the option to opt out early if they fail to compensate her appropriately when she surpasses the terms of this deal.
Clark’s stardom has reached unprecedented levels, capturing the attention of fans like never before. This was evident in the recent women’s NCAA Tournament Final, which outshined the men’s tournament by attracting an impressive 4 million more viewers. With over 18 million viewers tuning in, it was a groundbreaking moment for women’s basketball. Not only that, but the WNBA Draft also experienced record ratings, further solidifying the growing popularity and impact of women’s sports.
Dave and other critics are of the opinion that the Nike deal is going to result in an incredible surge in product sales for Clark, making her value far greater than what she is currently being compensated for.
NBA superstars have been rewarded with significantly more lucrative contracts. LeBron James, for instance, has secured a staggering lifetime deal with Nike, estimated to be valued at over $1 billion. Another example is Giannis Antetokounmpo, who reportedly signed a 10-year, $100 million contract with the renowned Oregon-based sports brand.
STARS ROCKIN’ NIKE
There’s more. James Harden inked a lucrative 10-year, $200 million agreement with Adidas a few years ago. Similarly, Lillard also secured a 10-year, $100 million deal with the company. Not to mention, Donovan Mitchell, Steph Curry, and several other athletes also boast substantial contracts with the brand.
Will Clark’s star power could potentially have a significant impact on her financial success. If it does, there is a strong possibility that she is worth much more than she initially received.
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