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post #11 of (permalink) Old Apr 25th, 2008, 11:00 PM
country flag b_o_r
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Join Date: Jan 2007
Posts: 1,396
Re: Serena has a $55 million deal with Nike!

Originally Posted by Tennisstar86 View Post
they prolly will pick it up.... but that doesnt mean they picked up the option yet... Serena's deal was 60 mil to begin with i think... so if they pick it up it'll go up...

Serena Williams Signs $55 Million Nike Sponsorship Deal
Serena Williams last week signed a five-year endorsement contract with Nike that includes the option of another three years. The deal could add up to a reported $55 million.

If the six-time Grand Slam champion meets performance-related bonuses over the full eight years, she could net close to the $55 million, according to reports. The contract includes royalties and performance bonuses for winning Grand Slam tournaments and reaching No. 1 in the rankings.

Nike had yet to determine the scope of Williams' sponsorship activities but will take input from the 21-year old tennis star on performance and active lifestyle products, including footwear, apparel and equipment, Dave Mingey, a Nike spokesperson said.

Williams' contract with Puma expired earlier this year.
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