Indiana Fever rookie Caitlin Clark is set to earn a significant income from her latest endorsement agreement with Nike.
The NCAA's all-time leading scorer has emerged as the most popular player in women's basketball, following a sensational collegiate career with the Iowa Hawkeyes.
Clark has reportedly inked an eight-year deal that has the potential to reach a value of $28 million, according to a report by Wall Street Journal.
In addition to the lucrative financial terms, the 22-year-old will also have the opportunity to develop her own signature shoe with the brand.
Read more: Indiana Fever Star Caitlin Clark Finalizing Lucrative Endorsement Deal With Nike With One Major Perk
Rival brands made offers to Clark, who was seeking a $3 million per year deal as a starting point.
Puma withdrew from negotiations after learning of the $3 million starting point, while Adidas' offer of four years and $6 million fell short of the guard's expectations.
Under Armour, which utilized help from its main endorser, Stephen Curry, pitched a $16 million deal over four years, which included a signature shoe.
Caitlin Clark will earn more from Nike than WNBA
Under her new Nike contract, Clark is anticipated to earn approximately $3.5 million annually from the sportswear brand.
This single-year sum is nearly ten times greater than her four-year rookie contract with the Indiana Fever.
Clark's rookie deal is valued at $338,056, extending until 2027, with a salary of $76,535 slated for her debut season, as reported by Spotrac.
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