Wizards news: John Wall signs five-year endorsement deal with Adidas
According to Shams Charania from YahooSports, point guard John Wall has a new shoe deal:
“Sources: Washington Wizards All-Star John Wall has agreed to a five-year endorsement deal with Adidas. Wall returns to the brand after testing shoe free agency over the past couple years.”
Wall had been a shoe free agent for at least two years, ever since his last shoe deal with Adidas expired in 2015. There is still no word on how much the contract is worth. This is an interesting note given Wall had previously turned down an Adidas offer because the money was too low for him.
Wall first signed with Reebok before being drafted with the first overall pick in the 2010 Draft. It was a five-year deal worth $25 million dollars, a very appealing offer compared to what other college stars were offered. The whole money did not end up being guaranteed, as Wall was paid only $2.5 million from that contract in his rookie season. Three years later, the Washington Post reported Wall’s sudden rupture with Reebok after reports of him feeling uncomfortable with the shoe surfaced. Shortly after, Adidas anounced their partnership with Wall officially after he was spotted wearing Adidas shoes suring practice.
After his contract with Adidas ended, there was not as much interest to bring him back because his shoes did not sell as expected. Adidas made Wall a final offer: a $7.5 million per year contract and the continuation of his signature shoe and apparell collection. Wall declined it. As The Vertical’s Nick DePaula reported, Wall wanted “Harden money”. That is a reference to the mammoth 13-year and $200 million plus contract Adidas gave Harden to keep him.
Wall was a sneaker free agent from that point on, and wore several shoe brands during this time, including Nike and Jordan. Wall’s past with Adidas has everybody wondering how much money this new contract is worth.