Stephen Curry and Under Armour have expanded their relationship. Curry left Nike in 2013 and has been working for the $3.5 billion company ever since. Curry recently signed a lifetime contract with Under Armour, making him the first athlete to do so. The four-time NBA champs received a significant prize for his dedication.
Stephen Curry receives a huge $75 million bonus
Under Armour gave Stephen Curry a substantial award of shares worth $75 million as part of his compensation. Curry will continue to serve as the president of Under Armour's Curry brand while getting this incentive.Stephen Curry acquired 8,823,530 shares of Under Armour stock, according to a business filing with the SEC. The market value of this stock is $75 million.
Curry is following in the footsteps of NBA giants
In order to emulate LeBron James and Michael Jordan, Stephen Curry has succeeded. Similar to Michael Jordan's Jordan brand with Nike, the Warriors star's Curry brand is affiliated with Under Armour. LeBron James was one of many athletes that received a $1 billion lifetime deal offer from Nike. Therefore, it appears that Curry will continue to collect significant paychecks after leaving the NBA.