Kevin Durant's $265 million Under Armour offer tied to joining Washington Wizards?

Before you go, we thought you'd like these...
X
Kevin Durant's $265 million Under Armour offer tied to joining Washington Wizards?
OKLAHOMA CITY, OK - May 31: Kevin Durant #35 of the Oklahoma City Thunder stands on the court during a game against the San Antonio Spurs in Game 6 of the Western Conference Finals during the 2014 NBA Playoffs at the Chesapeake Arena on May 31, 2014 in Oklahoma City, Oklahoma. NOTE TO USER: User expressly acknowledges and agrees that, by downloading and/or using this photograph, user is consenting to the terms and conditions of the Getty Images License Agreement. Mandatory Copyright Notice: Copyright 2014 NBAE (Photo by Nathaniel S. Butler/NBAE via Getty Images)
OKLAHOMA CITY, OK - MAY 31: Kevin Durant #35 and Derek Fisher #6 of the Oklahoma City Thunder talk during Game 6 of the Western Conference Finals against the San Antonio Spurs during the 2014 NBA Playoffs at the Chesapeake Arena on May 31, 2014 in Oklahoma City, Oklahoma. NOTE TO USER: User expressly acknowledges and agrees that, by downloading and/or using this photograph, user is consenting to the terms and conditions of the Getty Images License Agreement. Mandatory Copyright Notice: Copyright 2014 NBAE (Photo by Richard Rowe/NBAE via Getty Images)
OKLAHOMA CITY, OK - May 31: Kevin Durant #35 of the Oklahoma City Thunder walks off the court after being defeated by the San Antonio Spurs in Game 6 of the Western Conference Finals during the 2014 NBA Playoffs at the Chesapeake Arena on May 31, 2014 in Oklahoma City, Oklahoma. NOTE TO USER: User expressly acknowledges and agrees that, by downloading and/or using this photograph, user is consenting to the terms and conditions of the Getty Images License Agreement. Mandatory Copyright Notice: Copyright 2014 NBAE (Photo by Richard Rowe/NBAE via Getty Images)
OKLAHOMA CITY, OK - MAY 31: Kevin Durant #35 of the Oklahoma City Thunder speaks with media after Game Six of the Western Conference Finals against the San Antonio Spurs during the 2014 NBA Playoffs on May 31, 2014 at the Chesapeake Energy Arena in Oklahoma City, Oklahoma. NOTE TO USER: User expressly acknowledges and agrees that, by downloading and or using this Photograph, user is consenting to the terms and conditions of the Getty Images License Agreement. Mandatory Copyright Notice: Copyright 2014 NBAE (Photo by Layne Murdoch Jr./NBAE via Getty Images)
OKLAHOMA CITY, OK - MAY 31: Kevin Durant #35 of the Oklahoma City Thunder walks off the court after Game 6 of the Western Conference Finals against the San Antonio Spurs during the 2014 NBA Playoffs at the Chesapeake Arena on May 31, 2014 in Oklahoma City, Oklahoma. NOTE TO USER: User expressly acknowledges and agrees that, by downloading and/or using this photograph, user is consenting to the terms and conditions of the Getty Images License Agreement. Mandatory Copyright Notice: Copyright 2014 NBAE (Photo by Richard Rowe/NBAE via Getty Images)
OKLAHOMA CITY, OK - MAY 31: Tim Duncan #21 of the San Antonio Spurs and Kevin Durant #35 of the Oklahoma City Thunder after Game 6 of the Western Conference Finals during the 2014 NBA playoffs at Chesapeake Energy Arena on may 31, 2014 in Oklahoma City, Oklahoma. Copyright 2014 NBAE (Photo by Nathaniel S. Butler/NBAE via Getty Images)
OKLAHOMA CITY, OK - MAY 31: Kevin Durant #35 of the Oklahoma City Thunder looks to pass the ball against Danny Green #4 of the San Antonio Spurs in the first half during Game Six of the Western Conference Finals of the 2014 NBA Playoffs at Chesapeake Energy Arena on May 31, 2014 in Oklahoma City, Oklahoma. (Photo by Ronald Martinez/Getty Images)
SAN ANTONIO, TX - MAY 29: Kevin Durant #35 of the Oklahoma City Thunder handles the ball in the fourth quarter against the San Antonio Spurs during Game Five of the Western Conference Finals of the 2014 NBA Playoffs at AT&T Center on May 29, 2014 in San Antonio, Texas. (Photo by Ronald Martinez/Getty Images)
SAN ANTONIO,TX - MAY 29: Kevin Durant #35 of the Oklahoma City Thunder looks on against the San Antonio Spurs in Game Five of the Western Conference Finals during the 2014 NBA Playoffs on May 29, 2014 at the AT&T Center in San Antonio, Texas.  Copyright 2014 NBAE (Photo by Andrew D. Bernstein/NBAE via Getty Images)
SAN ANTONIO,TX - MAY 29: Kevin Durant #35 and Russell Westbrook #0 of the Oklahoma City Thunder looks on against the San Antonio Spurs in Game Five of the Western Conference Finals during the 2014 NBA Playoffs on May 29, 2014 at the AT&T Center in San Antonio, Texas. Copyright 2014 NBAE (Photo by Andrew D. Bernstein/NBAE via Getty Images)
OKLAHOMA CITY, OK - MAY 13: Kevin Durant #35 of the Oklahoma City Thunder talks to the press after a game against the Oklahoma City Thunder in Game Five of the Western Conference Semifinals during the 2014 NBA Playoffs on May 13, 2014 at the Chesapeake Energy Arena in Oklahoma City, Oklahoma. Copyright 2014 NBAE (Photo by Layne Murdoch/NBAE via Getty Images)
OKLAHOMA CITY, OK - MAY 7: Kevin Durant #35 of the Oklahoma City Thunder is introduced before a game against the Los Angeles Clippers in Game Two of the Western Conference Semifinals during the 2014 NBA Playoffs on May 7, 2014 at the Chesapeake Energy Arena in Oklahoma City, Oklahoma. Copyright 2014 NBAE (Photo by Jesse D. Garrabrant/NBAE via Getty Images)
TORONTO - MARCH 21 - The Thunder's Kevin Durant waits for the inbound. Toronto Raptors vs Oklahoma Thunder during 2nd half action of NBA play on March 21, 2014 at the Air Canada Centre. Raptors lost 119-118. (Rick Madonik/Toronto Star via Getty Images)
OAKLAND, CA - APRIL 16: Kevin Durant #35 of the Seattle SuperSonics runs on the court during the NBA game against the Golden State Warriors on April 16, 2008 at Oracle Arena in Oakland, California. The Sonics won 126-121. NOTE TO USER: User expressly acknowledges and agrees that, by downloading and/or using this Photograph, user is consenting to the terms and conditions of the Getty Images License Agreement. Mandatory Copyright Notice: Copyright 2008 NBAE (Photo by Rocky Widner/NBAE via Getty Images)
NEW YORK - JUNE 26: Michael Beasley, selected second overall by the Miami Heat poses for a portrait backstage with Kevin Durant #20 of the Seattle SuperSonics during the 2008 NBA Draft on June 26, 2008 at the WaMu Theatre at Madison Square Garden in New York City. NOTE TO USER: User expressly acknowledges and agrees that, by downloading and or using this photograph, User is consenting to the terms and conditions of the Getty Images License Agreement. Mandatory Copyright Notice: Copyright 2008 NBAE (Photo by Jennifer Pottheiser/NBAE via Getty Images)
of
SEE ALL
BACK TO SLIDE
SHOW CAPTION +
HIDE CAPTION

By Glenn Minnis
XN Sports

The rewards for bagging an NBA Most Valuable Player award have its exponential advantages.

Think in the ballpark of at least $265 million; that's the minimum offer sports-apparel maker Under Armour has reportedly extended Oklahoma City Thunder star Kevin Durant over 10 years, all in a brazen effort to poach him away from Nike and in a move that could have league-wide repercussions.

The deal also includes shares of UA stock and the erection of a community center in his mother's name, whom Durant has often referred to as his "real MVP." By far, the transaction would be the largest sponsorship agreement in UA's brief but profitable history and would represent roughly 10 percent of the company's annual marketing expenditures.

In potentially securing Durant's services, the Baltimore-based, up-and-coming establishment might also be gift-wrapping the league's top scorer for his boyhood favorite Washington Wizards. Durant, who has spent his first six years in the league as one of Nike's highest profile and most loyal athletes, grew up in nearby Maryland and has recently hinted he may not be opposed to returning to his roots once he can become a free agent after the 2016 campaign.

It all makes for a storybook promotion for Under Armour, who even as basketball sneaker sales accounted for just one percent of their revenues last year is expected to gross in the arena of $3 billion in earnings over the next twelve months.

But word is UA founder Kevin Plank is convinced if anyone can add to that bottom-line, it's the sweet-shooting Durant, particularly in such a favorable setting. So sold on the idea are company execs, they have been willing to add the sweetener of offering to pay Durant most of his cheddar up front.

Nike has a legal right to match any outside offers Durant garners, but clearly the handwriting appears on the wall as to what The Grim Reaper and his Roc Nation reps are now thinking.

So tied at the hip to the Durant camp are UA execs rumored to be, it's an open secret that ongoing negotiations with company bigwigs had as much to do with his recent decision to bolt Team USA and drop out of the FIBA World Cup Games as the "I'm too tired" excuse he gave Coach Mike Krzyzewski and USA basketball chairman Jerry Colangelo.

In potentially returning to his near D.C. roots, Durant would be following a movement recently started by LeBron James and endorsed by fellow UA client Stephen Curry of NBA players returning to their hometowns to perhaps close out their careers.

Indeed, 2007 –when Durant declined a far more lucrative offer from Adidas to sign on the dotted line with his beloved Nike - now seems like a lifetime ago. Under Armour is said to have blown Durant away in extending him an offer that will pay him $10 million more than the Thunder will over the final two years of his current deal.

By then, the value Kevin Durant and Under Armour Sports could hold for one another may be greater than any partnership the league has seen since the Chicago days of Michael Jordan and Nike.\

More from XN Sports:
Don't sleep on the LeBron-less Miami Heat
Johnny Manziel exercises First Amendment right
2014 NFL team previews and predictions: AFC
Derrick Rose makes triumphant return
Steve Ballmer ready to lose himself In L.A. Clippers

People are Reading