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Porziņģis signs multiyear contract with Adidas

Kristaps Porziņģis/twitter.com.
LSM - Latvia's basketball star Kristaps Porziņģis playing for the New York Knicks has signed a multiyear deal with "Аdidas". The contract will pay the 21-year-old between $3 million and $6 million annually in what's the most lucrative shoe deal signed by a European player to date, reported Yahoo News Thursday via The Vertical.

"Nike", Porziņģis' previous sponsor, has the right to match "Adidas"' offer but is not expected to do it.

"Adidas" has committed to make Porziņģis a featured player in its advertising going forward and could eventually release his game shoes at retail stores.

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