Details of John Wall's new deal with Adidas were revealed this week courtesy of Sports Illustrated's John Wertheim, and there are some interesting takeaways. For one, Wall won't receive a signature sneaker with Adidas this time around, as he did during his first stint with the Three Stripes.
However, the Wizards' All-Star point guard will be permitted to collaborate on sneakers with Kanye West and Pharrell.
Sports Illustrated's John Wertheim writes,
"According to documents obtained by SI, Wall’s deal calls for him to be paid, in principle, a base of $4.825 million in 2017-2018; which then increases marginally and returns to $4.825 million in 2021-22. (While Wall will not have a signature shoe with Adidas, this deal permits him to collaborate on footwear with fellow clients like Kanye West and Pharrell, a likelihood, his representatives tell SI.)"
Other incentives in Wall's deal are $500,000 each for being an NBA champion, winning NBA Finals MVP, winning an Olympic Gold Medal or getting named NBA All-Star Game MVP. If Wall is named NBA MVP, his base salary will receive a $1 million bump, and a $250,000 base increase for an All-NBA first team selection, according to the report.
The 27-year old point guard recently underwent a knee procedure this week and is expected to miss 6-8 weeks. He is averaging 19.4 points and 9.3 assists this season for a Wizards team that is currently sitting in fourth place in the Eastern Conference with a 31-23 record.
