Caitlin Clark, the record-breaking scorer in NCAA basketball history and the first overall pick in the WNBA draft, is reportedly set to sign an eight-year deal worth up to $28 million with Nike. The deal includes a signature sneaker.
Clark's impressive performances on the court have captured the attention of basketball fans and sponsors alike. She averaged 31.6 points during her college career, leading Iowa to two national championship game appearances.
The surge in interest for women's basketball has resulted in record-breaking viewership numbers for Iowa games and the WNBA draft. Of the Fever's 40 games this season, 36 will be nationally televised, and ticket sales have skyrocketed around the league.
Clark could potentially play in multiple Olympics due to her age and potential longevity in the WNBA.
Despite intense competition from other shoe companies like Adidas, Under Armour, and Puma, Nike secured the deal with Clark. Negotiations for her shoe deal reached a fever pitch at NBA All-Star weekend in February 2023.
Clark's previous NIL deals included agreements with State Farm, Gatorade, and others. Her rookie salary in the WNBA is $76,535.
The significance of endorsement deals for both brands and athletes is evident as Nike spent $4 billion on marketing in 2023. Major stars in the NBA have sneaker deals with Nike and Under Armour. However, sneaker deals are still rare in the WNBA.
Aja Wilson, a two-time MVP, Olympic gold medalist, best defensive player two years running, and New York Times bestselling author is also a prominent figure in women's basketball. Despite her impressive achievements and majority-Black composition of the league, no Black players currently have signature shoes in the WNBA.
Wilson has been vocal about the lack of respect for Black women in the WNBA, stating that sometimes a Black woman doesn't check off the marketing boxes. The absence of signature shoes for Black players is considered disgraceful given their achievements.