Stephen Curry purportedly gains $75 million in Under Armour shares under new agreement

Golden State Warriors’ star Stephen Curry is set to receive substantial compensation this season, surpassing his $48 million salary.

image

As part of his recent long-term deal with Under Armour, Curry is expected to be granted $75 million in Under Armour stock, as reported by The Athletic’s Mike Vorkunov. This contract, which is projected to cover the remainder of Curry’s basketball career, has the potential to become a lifetime deal akin to LeBron James’ partnership with Nike, given certain conditions are met.

The stock award comprises 8,823,530 restricted stock units, disclosed in a public SEC filing. It is scheduled to vest in two installments in 2029 and 2034, contingent on Curry’s continued association with Under Armour.

image

Additionally, Curry is likely to receive significant annual direct payments from Under Armour, potentially reaching eight figures. These financial arrangements are in addition to his existing four-year, $215 million contract with the Warriors and his various business ventures, including his involvement with FTX (which has faced recent challenges).

image

Moreover, Curry’s wife Ayesha is involved in her own successful ventures, such as her food businesses, cookbook, and appearances on the Food Network.

image

In his expanded role at Under Armour, Curry will serve as the president of the company’s Curry Brand. Having been associated with Under Armour since 2013, Curry joined the company two years prior to his first MVP season and NBA championship. Over the years, he has emerged as the premier athlete in Under Armour’s roster of sponsored athletes, and it is evident that the company was determined to retain his services.

Related Posts

Following a poor start with the Chiefs, Andy Reid and Patrick Mahomes receive a strong message from Travis Kelce

Tense conclusion Travis Kelce, who is currently with the Kansas City Chiefs in the NFL, made his terrible start to the 2024 season apparent to quarterback Patrick Mahomes and Andy Reid. One of the main narratives surrounding the Kansas City Chiefs two …

Read more

As Patrick Mahomes celebrates his 29th birthday, Son Bronze gives him “birthday cuddles”

On Tuesday, September 17, the quarterback for the Kansas City Chiefs turned 29. Patrick Mahomes is spending his 29th 𝐛𝐢𝐫𝐭𝐡day with his 𝘤𝘩𝘪𝘭𝘥ren! The Kansas City Chiefs quarterback celebrated his 29th 𝐛𝐢𝐫𝐭𝐡day on Tuesday, September 17, and spent the occasion …

Read more

In light of the current injury problem, Patrick Mahomes speaks out about the contentious return of an ex-Chiefs player

In the 2017 draft, Hunt was chosen in the third round with Mahomes. The Kansas City Chiefs have begun their season with two exciting victories over AFC opponents, exactly as one could anticipate from the defending back-to-back champions. then won the …

Read more

For his 29th birthday, Travis Kelce gave Patrick Mahomes a $22,000 Louis Vuitton golf bag

Striking the links with elegance. On Sunday night, Patrick Mahomes and the Kansas City Chiefs teammates celebrated his 29th 𝐛𝐢𝐫𝐭𝐡day. Mahomes disclosed that Travis Kelce had given him an expensive golf bag. “That is going to be sweet because Travis got …

Read more

A Behind-the-Scenes Look at Brittany Mahomes’ Daughter Sterling Getting Ready for “Game Day”

“Sterling’s game day look underway,” Patrick Mahomes’ wife from the Chiefs posted on Instagram Stories. Brittany Mahomes hinted to her daughter’s clothing for the game! The 29-year-old mother of two shared a behind-the-scenes picture of her 3-year-old …

Read more

The quarterback for the Kansas City Chiefs, Patrick Mahomes, is “getting old” and shares the same number and traditions.

Imitation is said to be the purest form of flattery. If so, Nebraska starting quarterback Dylan Raiola holds the highest esteem for quarterback Patrick Mahomes of the Kansas City Chiefs. 3Raiola has garnered early season buzz for his Mahomes-esque styleCredit: …

Read more

Leave a Reply

Your email address will not be published. Required fields are marked *