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At 20 years old, more than $100 million from Nike. When will Vembanyama become a billionaire?

Date: June 25, 2024 Time: 12:34:31

Victor Vembanyama spent only his first year in the NBA, but it seems he forced even his biggest critics to change their minds. The French center became the author of unimaginable statistical lines in almost every match, set records and simply proved in every possible way that in the near future he would become one of the main stars of the league. And if everyone already knows the basketball player Vembanyama, not everyone knows the businessman Vembanyama. In the meantime, there is something to be said for that.

Victor came to the United States to play in the NBA and found himself in the spotlight immediately upon his arrival. He was selected first overall in the draft and went to the San Antonio Spurs as the most hyped and promising rookie since LeBron James. According to the media, Vembi received approximately $12 million in the first year. A huge amount of money for a newcomer, something that many football stars do not earn. But in the case of the promising Frenchman, this is just the beginning. Besides.

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People who know Vembanyama say his priority today is not so much money as athletic performance and adapting to the NBA’s incredibly busy schedule. It is noteworthy that when he was still playing for Metropolitan and ASVEL, not only scouts of NBA clubs, but also local television paid attention to him. Canal+ quickly recognized the incredible talent of the Frenchman and decided to make a documentary about him. Not so. When the television team began negotiations with the player, his family and the coaches, they encountered unexpected difficulties. The family initially opposed the filming, believing that the young man did not need additional public relations.

However, in the end the producers managed to convince the relatives. Now Victor does not try to get personal sponsors, but competently works with those who initially believed in him. The Frenchman currently has agreements with companies such as Barcode (a company that produces plant-based sports energy drinks), Fanatics (licensed sportswear manufacturer), 2K Games (distributor and publisher of interactive games and entertainment software), as well as Nike. and Louis Vuitton, which need no introduction.

According to public sources, the agreement with Barcode brings the Frenchman $500,000 a year; At the expense of Fanatics, Vemby’s bank account is replenished with $5 million a year, and cooperation with 2K Games amounts to another $3 million a year. There is little information about the contract with Louis Vuitton, but the agreement with Nike deserves special attention. Various media reported that the deal was signed for more than $100 million, and the American company itself is expected to make a special bet on the Frenchman in the near future: Victor should play an important role in Nike’s projects.

Víctor Vembanyama, 2023/2024 season

Photo: Tyler Kaufman/Getty Images

Inconceivably, Vembanyama achieved all this at an incredibly young age. Now the player is only 20 years old. It is not easy to even imagine what happened so as not to collapse and endure all the emotion that prevails wherever you go. But Vemby managed. Excellent statistics (21.5 points, 4.5 rebounds and 2.0 assists) during NBA preseason games before his debut in the League and 21.4 points, 10.6 rebounds and 3.9 assists in the season regular, when attention was paid to French and the tutelage of the best. The world’s gamers only became more intense with each subsequent game.

Adrian Wojnarowski called Vembanyama the most anticipated and perhaps the greatest prospect in NBA draft history. Now we can say that the words of the main connoisseur are becoming more significant every day. The young center’s current contract with San Antonio is valid until the end of the 2026/2027 season and will net him $55 million. If the Frenchman continues at the same pace, very soon these figures will multiply.

Not long ago, one of the leading American financial publications, Bloomberg, published an article about Vembanyama, in which he described that he (if everything goes in his favor) at the age of 33 could become the first player in the history of the NBA to earn $1 billion from club contracts alone. But now Victor is focused on basketball, thinking about the new NBA season and the Summer Olympics in his native Paris. The rest will follow.

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* This website provides news content gathered from various internet sources. It is crucial to understand that we are not responsible for the accuracy, completeness, or reliability of the information presented Read More

Puck Henry
Puck Henry
Puck Henry is an editor for ePrimefeed covering all types of news.

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