"It Was An Awful Bet-On-Yourself Contract": Caitlin Clark's Agent Criticized For Awful Shoe Deal Contract
Caitlin Clark signed an eight-year endorsement deal with Nike worth $28 million in April, back when she was still in college, and YouTuber Mick Talks Hoops suggested that the Indiana Fever sensation might have missed out on an even better deal.
Mick criticized Clark’s agent, Erin Kane of Excel Sports, for what he deems is a poor negotiation of the former Iowa Hawkeyes star’s shoe deal. Since Clark signed the deal before she went to the WNBA, the YouTuber argued that her agent played it safe and failed to anticipate the enormous influence she would have in the league.
“I think the biggest issue with this whole thing is that if this contract happened today, she [would be] making [a] minimum $10 million a year,” Mick said. “It was an awful bet-on-yourself contract.”
“Once LeBron leaves she is your biggest star when he retires next year too,” Mick added. “We know that she’s probably worth at least $15 million a year. We will push this on to eight years if you renegotiate it at $11 million a year.”
https://www.hardwoodheroics.com/caitlin-clark-agent-shoe-contract/