Nike reportedly signs Odell Beckham Jr. to richest shoe deal ever for an NFL player
Odell Beckham Jr.’s long-term contract status with the New York Giants might still be up in the air, but the deal he signed Tuesday should tide him over. According to NFL Network, Beckham agreed to the most lucrative shoe contract ever for an NFL player as Nike retained the services of the star wideout.
— Ian Rapoport (@RapSheet) May 23, 2017
Beckham, who was a no-show at Giants’ OTA on Monday, reportedly agreed to a five-year deal with Nike, matching Adidas’ offer that exceeded $29 million, according to Nicekicks.com.
Beckham’s current deal with Nike expired May 1, but the All-Pro wideout was still a restricted free agent, allowing Nike to match any offer within a 10-day window. Tuesday’s deal came on the final day of that time period.
The contract could be worth as much as $48 million for eight years if Beckham reaches certain incentive levels, according to The Record. Beckham, who has been named to the Pro Bowl in each of his first three years in the league, is set to earn $1.8 million in the final year of his rookie contract. Last month, the Giants picked up his fifth-year option for 2018 that will pay him $8.5 million.