3 Years After Treading Magic Johnson’s Path, Draymond Green Returns to $174.59 Bn Worth Company to Join Close Friend LeBron James
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Golden State Warriors‘ Draymond Green shocked everyone in 2020 by signing a deal with Converse. A move that reminded everyone of Magic Johnson’s decision in 1979. The contract with more money on the table looked the most appealing for Johnson. Recently, he opened up about how turning down Nike’s offer was a mistake. Where Converse offered hard cash, Nike offered stocks. Being young and having no clue of what a stock could be worth in the near future, he accepted Converse.
Consequently, what would be $5 billion worth of pure passive income slipped through his fingers. Though Draymond Green wouldn’t have the exact side effects as Magic Johnson, it wasn’t a move anyone expected from LeBron James’ close friend.
Draymond Green is officially back to $174.59 Bn Worth Company
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Now, after three years with Converse, Green is back on his home turf, Nike, inching closer to his friend, King James. Draymond was associated with the brand until his deal concluded in 2019. This opened more doors for him to further sign a whooping deal with Converse. But even then, he was never outside Nike’s brand positioning, since the brand had already purchased Converse in 2003.
OFFICIAL: Draymond Green signs back with Nike. 📄✍️
Green had worn Converse since 2020 and is now back with the Swoosh within the Nike Inc. family. pic.twitter.com/OKhDKkNDcz
— Nick DePaula (@NickDePaula) October 3, 2023
LeBron and Draymond’s friendship has awed many. Rivals on the court and close friends off the court; it is not a relationship that makes sense to everyone. Then again, Lakers‘ James has a knack for creating friendships in the most unexpected places and people.
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It won’t be a little later until we can see Green in his new look. He suffered a recent left lateral ankle sprain that is expected to keep him out for four to six weeks.
Why Green opted for a contract with Converse
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Green has forever been under the Nike Inc. umbrella. So, when his contract was set to expire in October 2019, Green was more than happy to sign a deal with Nike’s subsidiary, Converse. Being one of the most well-known personalities in the sport, Converse gets to use Green as the face of the franchise. The 3x NBA champion and 3x All-Star has all the makes of a brand ambassador.
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Green explains his reasons for moving to Converse to ESPN’s Nick DePaula, “I wouldn’t just go to any brand just to be the headliner. It’s not about that for me,” he said. “The opportunity to stay within the Nike family, but then also, [be with] a brand that I like. I’ve always worn Chucks. It’s a brand that I’ve always been comfortable with. Now, to have the opportunity to actually be a part of the brand, help build the brand up and bring some new life to the brand, that was an exciting thing to me.”
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Well, with not too long for this season to start, we cannot wait to see Green in his new kicks. Here’s to a speedy recovery.
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Edited by:
Saumya Khanduja