There is news out there from my buddy and old cohort Marc Stein that Dwyane Wade’s deal with Li-Ning will pay him $10 million annually for 10 years, plus significant equity in the company. That is some serious cheddar.
In case you missed it, we filed a story two days ago about Wade’s deal, noting that Li-Ning does not sell its products in U.S. retail stores … at least not yet.
Wade is currently in China now, where many of his teammates are doing sneaker deals with Peak.
He gets Tweet of the Night for sending out this badass photo:
Photo shoot fresh w/@liningusa. #stingray edition #NewEraWADE#makethechangeinstagr.am/p/QuHrzylCK-/
— DAD (@DwyaneWade) October 13, 2012