Sports Pundit
Basketball

Stephen Curry to Reportedly Receive US$75 Million in Under Armour Stock

Stephen Curry prepares to shoot a 3-point basket during the first half of an NBA basketball game against the Orlando Magic in San Francisco, Monday, Dec. 6, 2021
Stephen Curry prepares to shoot a 3-point basket during the first half of an NBA basketball game against the Orlando Magic in San Francisco, Monday, Dec. 6, 2021

Golden State Warriors star Stephen Curry has a new deal brand deal and he will reportedly receive US$75 million in Under Armour stocks.

The deal comes around to 8,823,530 restricted stock units. This new deal is on top of his current contract with the Golden State Warriors which sees him receive US$215 million in four years.

Curry also has a number of other business deals going. His wife Ayesha is also a businesswoman in her own right with Food Network appearances, a food business, and a cookbook.

Along with the stocks, Curry is now the president of the Curry Brand at Under Amour. He has been working with the company since 2013 and has been one of the biggest names in their roster of athletes.

He initially worked with Nike but moved over to Under Amour before the start of his NBA Championship and MVP Season.

Curry is a four-time NBA Champion and in 2022, he was named the NBA Finals MVP. He has also been twice named an NBA Most Valuable Player – the first time in 2015 and again in 2016.

With Under Armour, he is considered the face of their footwear line. Back in 2022, it was rumored that Curry and the company were nearing a US$1 Billion deal for a lifetime contract.

He currently has a US$215 million deal with the brand that runs through 2024 and may extend for longer. The Curry brand is one of Under Armour’s most lucrative brands. The decision to separate the Curry Brand from the rest of Under Armour was reached in 2018 after extensive discussions.