Thursday, September 18, 2014

Why Nike Should Let Kevin Durant Leave For Under Armour-Forbes



                  Why Nike Should Let Kevin Durant Leave For Under Armour- Forbes (U.S.)

 Kevin Durant leave for Under Armour?





This article from Forbes was explaining how Kevin Durant was offered a contract from Under Armour between $265 million and $285 million over 10 years. His contract with Nike expires this year he was signed with Nike since he came out of college in 2007.  But Nike isn't sure if they should renew the contract because they will have to raise the contract and then that means more sales of his signature shoes will need to be sold.

This has a lot to do with a business and how the business could make or lost a lot of money. This is a big economic opportunity for both Nike and Kevin Durant. If he sings with Nike again he will be coming out with new shoes or he could be with Under Armour and release new shoes with them.

In my opinion I believe that Nike should stay with him because he did bring in 175 million dollars worth of sales just from his shoes in 2013.